During the recent session, Futu Holdings Ltd ADR (NASDAQ:FUTU)’s traded shares were 1.01 million, with the beta value of the company hitting 0.75. At the last check today, the stock’s price was $96.40, reflecting an intraday gain of 1.48% or $1.41. The 52-week high for the FUTU share is $130.50, that puts it down -35.37 from that peak though still a striking 54.76% gain since the share price plummeted to a 52-week low of $43.61. The company’s market capitalization is $9.01B, and the average intraday trading volume over the past 10 days was 3.09 million shares, and the average trade volume was 4.11 million shares over the past three months.

Futu Holdings Ltd ADR (FUTU) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.25. FUTU has a Sell rating from 1 analyst(s) out of 11 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 9 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.97.

Futu Holdings Ltd ADR (NASDAQ:FUTU) trade information

Futu Holdings Ltd ADR (FUTU) registered a 1.48% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.48% in intraday trading to $96.40, hitting a weekly high. The stock’s 5-day price performance is 4.13%, and it has moved by -21.49% in 30 days. Based on these gigs, the overall price performance for the year is 72.91%. The short interest in Futu Holdings Ltd ADR (NASDAQ:FUTU) is 5.09 million shares and it means that shorts have 0.59 day(s) to cover.

The consensus price target of analysts on Wall Street is $67.5, which implies a decrease of -42.81% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $27 and $108 respectively. As a result, FUTU is trading at a discount of -12.03% off the target high and 71.99% off the low.

Futu Holdings Ltd ADR (FUTU) estimates and forecasts

Statistics show that Futu Holdings Ltd ADR has outperformed its competitors in share price, compared to the industry in which it operates. Futu Holdings Ltd ADR (FUTU) shares have gone up 34.30% during the last six months, with a year-to-date growth rate more than the industry average at 300.77% against 18.40. In the rating firms’ projections, revenue will increase 14.80% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 369.07M as predicted by 4 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 354.45M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 338.85M and 303.55M respectively. In this case, analysts expect current quarter sales to grow by 8.90% and then jump by 16.80% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 157.52%. While earnings are projected to return 20.73% in 2024, the next five years will return 19.98% per annum.

FUTU Dividends

Futu Holdings Ltd ADR is due to release its next quarterly earnings on 2024-Aug-20. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Futu Holdings Ltd ADR (NASDAQ:FUTU)’s Major holders

The next largest institutional holding, with 3.7 million shares, is of MORGAN STANLEY’s that is approximately 2.6851% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $242.86 million.