Futu Holdings Ltd ADR [FUTU] stock prices are up 1.53% to $86.54 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FUTU shares have gain 3.93% over the last week, with a monthly amount drifted -2.38%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Futu Holdings Ltd ADR [NASDAQ: FUTU] stock has seen the most recent analyst activity on November 19, 2024, when Citigroup downgraded its rating to a Neutral and also boosted its price target to $95 from $79. Previously, Morgan Stanley upgraded its rating to Overweight on November 18, 2024, and elevated its price target to $115. On May 28, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $92 on the stock. CLSA upgraded its rating to a Outperform and increased its price target to $65 on March 18, 2024. JP Morgan downgraded its rating to a Neutral and reduced its price target to $62 on March 15, 2024. JP Morgan upgraded its rating to Overweight for this stock on January 17, 2024, but kept the price target unchanged to $64. In a note dated January 05, 2024, UBS upgraded an Buy rating on this stock but restated the target price of $67.
The stock price of Futu Holdings Ltd ADR [FUTU] has been fluctuating between $42.61 and $127.49 over the past year. Currently, Wall Street analysts expect the stock to reach $105.92 within the next 12 months. Futu Holdings Ltd ADR [NASDAQ: FUTU] shares were valued at $86.54 at the most recent close of the market. An investor can expect a potential return of 22.39% based on the average FUTU price forecast.
Analyzing the FUTU fundamentals
The Futu Holdings Ltd ADR [NASDAQ:FUTU] reported sales of 1.48B for trailing twelve months, representing a surge of 30.06%. Gross Profit Margin for this corporation currently stands at 0.85% with Operating Profit Margin at 0.49%, Pretax Profit Margin comes in at 0.47%, and Net Profit Margin reading is 0.4%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.17 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 84.62 points at the first support level, and at 82.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 87.69, and for the 2nd resistance point, it is at 88.85.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.48, the price to book ratio is 3.26 and price to earnings (TTM) ratio is 21.23.
Transactions by insiders
Recent insider trading involved XU LI, Senior Vice President, that happened on Dec 09 ’24 when 0.14 million shares were purchased. Shareholder, Huang River Investment Limited completed a deal on Sep 26 ’24 to buy 20.65 million shares.
