Futu Holdings Ltd ADR (NASDAQ: FUTU) Not A Good Play Anymore?

Futu Holdings Ltd ADR (FUTU) concluded trading on Thursday at a closing price of $100.19, with 2.8 million shares of worth about $280.69 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 70.38% during that period and on January 30, 2025 the price saw a gain of about 3.10%. Currently the company’s common shares owned by public are about 93.48M shares, out of which, 87.86M shares are available for trading.

Stock saw a price change of 8.38% in past 5 days and over the past one month there was a price change of 20.96%. Year-to-date (YTD), FUTU shares are showing a performance of 25.25% which increased to 114.68% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $44.11 but also hit the highest price of $127.49 during that period. The average intraday trading volume for Futu Holdings Ltd ADR shares is 2.51 million. The stock is currently trading 16.83% above its 20-day simple moving average (SMA20), while that difference is up 17.34% for SMA50 and it goes to 32.69% higher than SMA200.

Futu Holdings Ltd ADR (NASDAQ: FUTU) currently have 93.48M outstanding shares and institutions hold larger chunk of about 33.44% of that.

The stock has a current market capitalization of $9.37B and its 3Y-monthly beta is at 0.76. PE ratio of stock for trailing 12 months is 24.58, while it has posted earnings per share of $4.08 in the same period. Its PEG reads 1.08 while making debt-to-equity ratio of 0.15. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FUTU, volatility over the week remained 4.12% while standing at 4.04% over the month.

Stock’s fiscal year EPS is expected to rise by 23.43% while it is estimated to increase by 28.39% in next year. EPS is likely to shrink at an annualized rate of 22.66% for next 5-years, compared to annual growth of 157.52% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on November 19, 2024 offering a Neutral rating for the stock and assigned a target price range of between $79 and $95 to it. Coverage by Morgan Stanley stated Futu Holdings Ltd ADR (FUTU) stock as an Overweight in their note to investors on November 18, 2024, suggesting a price target of $115 for the stock. On May 28, 2024, JP Morgan Upgrade their recommendations, while on March 18, 2024, CLSA Upgrade their ratings for the stock with a price target of $65. Stock get a Neutral rating from JP Morgan on March 15, 2024.

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