Futu Holdings Ltd ADR [NASDAQ: FUTU] price surged by 9.09 percent to reach at $11.87.
A sum of 4938742 shares traded at recent session while its average daily volume was at 2.42M shares. Futu Holdings Ltd ADR shares reached a high of $143.79 and dropped to a low of $129.765 until finishing in the latest session at $142.4.
The one-year FUTU stock forecast points to a potential upside of 2.66. The average equity rating for FUTU stock is currently 1.19, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Futu Holdings Ltd ADR [FUTU]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FUTU shares is $146.29 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FUTU stock is a recommendation set at 1.19. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for Futu Holdings Ltd ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 19, 2024. While these analysts kept the previous recommendation, Morgan Stanley dropped their target price from $70 to $115. The new note on the price target was released on November 18, 2024, representing the official price target for Futu Holdings Ltd ADR stock. Previously, the target price had yet another raise from $62 to $92, while JP Morgan kept a Overweight rating on FUTU stock. On March 18, 2024, analysts increased their price target for FUTU shares from 50 to 65.
The Price to Book ratio for the last quarter was 5.75, with the Price to Cash per share for the same quarter was set at 10.45.
FUTU Stock Performance Analysis:
Futu Holdings Ltd ADR [FUTU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.07. With this latest performance, FUTU shares gained by 34.25% in over the last four-week period, additionally plugging by 76.61% over the last 6 months – not to mention a rise of 78.02% in the past year of trading.
Insight into Futu Holdings Ltd ADR Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Futu Holdings Ltd ADR [FUTU] shares currently have an operating margin of 63.02% and a Gross Margin at 93.94%. Futu Holdings Ltd ADR’s Net Margin is presently recorded at 41.75%.
Return on Equity for this stock inclined to 4.55%, with Return on Assets sitting at 4.55%.
FUTU Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FUTU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Futu Holdings Ltd ADR go to 22.78%.
Futu Holdings Ltd ADR [FUTU] Institutonal Ownership Details
There are presently around $43.31%, or 51.52% of FUTU stock, in the hands of institutional investors. The top three institutional holders of FUTU stocks are: ASPEX MANAGEMENT (HK) LTD with ownership of 4.44 million shares, which is approximately 3.1681%. MORGAN STANLEY, holding 3.7 million shares of the stock with an approximate value of $$242.86 million in FUTU stocks shares; and MORGAN STANLEY, currently with $$176.19 million in FUTU stock with ownership which is approximately 1.9142%.
