In today’s recent session, 0.84 million shares of the Futu Holdings Ltd ADR (NASDAQ:FUTU) have been traded, and its beta is 0.72. Most recently the company’s share price was $84.33, and it changed around -$0.93 or -1.09% from the last close, which brings the market valuation of the company to $7.88B. FUTU at last check was trading at a discount to its 52-week high of $130.88, offering almost -55.2% off that amount. The share price’s 52-week low was $50.61, which indicates that the recent value has risen by an impressive 39.99% since then. We note from Futu Holdings Ltd ADR’s average daily trading volume that its 10-day average is 4.83 million shares, with the 3-month average coming to 3.26 million.
Futu Holdings Ltd ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.33. If we narrow it down even further, the data shows that 0 out of 14 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 2 recommended FUTU as a Hold, whereas 9 deemed it a Buy, and 0 rated it as Underweight. Futu Holdings Ltd ADR is expected to report earnings per share of 0 for the current quarter.
Futu Holdings Ltd ADR (NASDAQ:FUTU) trade information
Instantly FUTU has been showing red trend so far today with a performance of -1.09% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 89.37 on recent trading dayincreased the stock’s daily price by 5.64%. The company’s shares are currently up 5.43% year-to-date, but still up 12.05% over the last five days. On the other hand, Futu Holdings Ltd ADR (NASDAQ:FUTU) is -27.99% down in the 30-day period. We can see from the shorts that 3.8 million shares have been sold at a short interest cover period of 1.38 day(s).
The consensus price target as assigned by Wall Street analysts is $112.1, which translates to bulls needing to increase their stock price by 24.77% from its current value. Analyst projections state that FUTU is forecast to be at a low of $108 and a high of $118.4.
Futu Holdings Ltd ADR (FUTU) estimates and forecasts
The year-over-year growth rate is expected to be 29.78%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 4.48B in revenue for the current quarter. 1 analysts expect Futu Holdings Ltd ADR to make 4.4B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.59B and 3.13B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 72.88%. Forecasts for the next quarter put sales growth at 40.67%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 95.25%. Futu Holdings Ltd ADR earnings are expected to increase by 32.41% in 2025, but the outlook is positive 21.92% per year for the next five years.
FUTU Dividends
Futu Holdings Ltd ADR’s next quarterly earnings report is expected to be released on 2025-Mar-12.
Futu Holdings Ltd ADR (NASDAQ:FUTU)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 16.16% of Futu Holdings Ltd ADR shares, and 38.80% of them are in the hands of institutional investors. The stock currently has a share float of 46.28%. Futu Holdings Ltd ADR stock is held by 474.0 institutions, with ASPEX MANAGEMENT (HK) LTD being the largest institutional investor. By 2024-06-30, it held 3.1681% of the shares, which is about 4.44 million shares worth $291.6 million.
MORGAN STANLEY, with 2.6385% or 3.7 million shares worth $242.86 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
-Price (T.Rowe) Emerging Markets Discovery Stock Trust and T. ROWE PRICE Intl Fd.S, INC.-T. Rowe Price Emerging Markets Discovery were the top two Mutual Funds as of Dec 31, 2024 . The former held 759.1 shares worth $64.2 million, making up 0.81% of all outstanding shares. On the other hand, T. ROWE PRICE Intl Fd.S, INC.-T. Rowe Price Emerging Markets Discovery held roughly 562.3 shares worth around $47.56 million, which represents about 0.60% of the total shares outstanding.
