During the recent session, Futu Holdings Ltd ADR (NASDAQ:FUTU)’s traded shares were 0.83 million, with the beta value of the company hitting 0.61. At the last check today, the stock’s price was $116.55, reflecting an intraday loss of -0.21% or -$0.24. The 52-week high for the FUTU share is $130.88, that puts it down -12.3 from that peak though still a striking 56.58% gain since the share price plummeted to a 52-week low of $50.61. The company’s market capitalization is $10.90B, and the average trade volume was 2.65 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 1.33. 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 13.3.
Futu Holdings Ltd ADR (NASDAQ:FUTU) trade information
Futu Holdings Ltd ADR (FUTU) registered a -0.21% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.21% in intraday trading to $116.55, hitting a weekly high. The stock’s 5-day price performance is 6.74%, and it has moved by 23.83% in 30 days. Based on these gigs, the overall price performance for the year is 115.65%.
The consensus price target of analysts on Wall Street is $112.1, which implies a decrease of -3.97% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $108 and $118.4 respectively. As a result, FUTU is trading at a discount of -1.59% off the target high and 7.34% off the low.
Futu Holdings Ltd ADR (FUTU) estimates and forecasts
In the rating firms’ projections, revenue will increase 27.88% 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 3.92B as predicted by 3 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 3.84B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 2.37B and 2.59B respectively. In this case, analysts expect current quarter sales to grow by 65.15% and then jump by 48.00% 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 25.36% in 2025, the next five years will return 24.50% per annum.
FUTU Dividends
Futu Holdings Ltd ADR is due to release its next quarterly earnings in April. 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.
Also, the Mutual Funds coming in first place with the largest holdings of Futu Holdings Ltd ADR (FUTU) shares are Price (T.Rowe) Emerging Markets Discovery Stock Trust and Price (T.Rowe) Emerging Markets Discovery Stock Fund. Data provided on Dec 31, 2024 indicates that Price (T.Rowe) Emerging Markets Discovery Stock Trust owns about 759.1 shares. This amounts to just over 0.81 percent of the company’s overall shares, with a $86.39 million market value. The same data shows that the other fund manager holds slightly less at 507.9, or about 0.54% of the stock, which is worth about $57.8 million.
