In the last trading session, 4.04 million Futu Holdings Ltd ADR (NASDAQ:FUTU) shares changed hands as the company’s beta touched 0.59. With the company’s per share price at $117.11 changed hands at -$1.36 or -1.15% during last session, the market valuation stood at $10.95B. FUTU’s last price was a discount, traded about -11.76% off its 52-week high of $130.88. The share price had its 52-week low at $50.61, which suggests the last value was 56.78% up since then. When we look at Futu Holdings Ltd ADR’s average trading volume, we note the 10-day average is 3.31 million shares, with the 3-month average coming to 2.57 million.
Analysts gave the Futu Holdings Ltd ADR (FUTU) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.33. If we narrow down to specifics, the data shows that 1 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended FUTU as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight. Futu Holdings Ltd ADR’s EPS for the current quarter is expected to be 0.
Futu Holdings Ltd ADR (NASDAQ:FUTU) trade information
Instantly FUTU was in red as seen at the end of in last trading. With action 10.42%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 46.41%, with the 5-day performance at 10.42% in the green. However, in the 30-day time frame, Futu Holdings Ltd ADR (NASDAQ:FUTU) is -0.69% down. Looking at the short shares, we see there were 3.81 million shares sold at short interest cover period of 1.25 days.
The consensus price target for the stock as assigned by Wall Street analysts is 112.1, meaning bulls need a downside of -4.47% from its current market value. According to analyst projections, FUTU’s forecast low is 108 with 118.4 as the target high. To hit the forecast high, the stock’s price needs a -1.1% plunge from its current level, while the stock would need to tank 7.78% for it to hit the projected low.
Futu Holdings Ltd ADR (FUTU) estimates and forecasts
Year-over-year growth is forecast to reach 28.41% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 4.48B. 1 analysts are of the opinion that Futu Holdings Ltd ADR’s revenue for the current quarter will be 4.4B. The company’s revenue for the corresponding quarters a year ago was 2.59B and 3.13B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 72.88%. The estimates for the next quarter sales put growth at 40.67%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 95.27%. The 2025 estimates are for Futu Holdings Ltd ADR earnings to increase by 32.40%, but the outlook for the next 5-year period is at 22.38% per year.
FUTU Dividends
Futu Holdings Ltd ADR is expected to release its next quarterly earnings report on 2025-Mar-12.
Futu Holdings Ltd ADR (NASDAQ:FUTU)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 16.16% of Futu Holdings Ltd ADR shares while 38.76% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 46.23%. There are 38.76% institutions holding the Futu Holdings Ltd ADR stock share, with ASPEX MANAGEMENT (HK) LTD the top institutional holder. As of 2024-06-30, the company held 3.1681% of the shares, roughly 4.44 million FUTU shares worth $291.6 million.
MORGAN STANLEY holds the second largest percentage of outstanding shares, with 2.6385% or 3.7 million shares worth $242.86 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Price (T.Rowe) Emerging Markets Discovery Stock Trust and Price (T.Rowe) Emerging Markets Discovery Stock Fund . With 759.1 shares estimated at $88.9 million under it, the former controlled 0.81% of total outstanding shares. On the other hand, Price (T.Rowe) Emerging Markets Discovery Stock Fund held about 0.54% of the shares, roughly 507.9 shares worth around $59.48 million.
