Short Report on Futu Stock

By Harris Dyer • Tuesday, August 08 09:53 • Permanent Link

Mid-cap Finance company Futu has moved -4.6% so far today on a volume of 420,909, compared to its average of 2,053,204. In contrast, the S&P 500 index moved -1.0%.

Futu trades -6.66% away from its average analyst target price of $57.6 per share. The 18 analysts following the stock have set target prices ranging from $32.11 to $85.89, and on average have given Futu a rating of buy.

If you are considering an investment in FUTU, you'll want to know the following:

Based on its trailing earnings per share of 3.53, Futu has a trailing 12 month Price to Earnings (P/E) ratio of 15.2 while the S&P 500 average is None
FUTU has a forward P/E ratio of 13.4 based on its forward 12 month price to earnings (EPS) of $4.0 per share
The company has a price to earnings growth (PEG) ratio of 78.11 — a number near or below 1 signifying that Futu is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 0.34 compared to its sector average of None
Futu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally.
Based in Sheung Wan, the company has 2,784 full time employees and a market cap of $7.51 Billion.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.