Understanding the Basics of Futu Trading

Shares of Capital Markets company Futu jumped 4.5% today. With many investors piling into FUTU without a second thought, it may be a good idea to take a closer look at the stock. Here are some quick facts to get you started:

  • Futu has moved 5.0% over the last year, and the S&P 500 logged a change of 27.4%

  • FUTU has an average analyst rating of buy and is -17.73% away from its mean target price of $68.8 per share

  • Its trailing earnings per share (EPS) is $3.91

  • Futu has a trailing 12 month Price to Earnings (P/E) ratio of 14.5 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $4.72 and its forward P/E ratio is 12.0

  • The company has a Price to Book (P/B) ratio of 0.32 in contrast to the S&P 500's average ratio of 2.95

  • Futu is part of the Finance sector, which has an average P/E ratio of 12.38 and an average P/B of 1.58

  • FUTU has reported YOY quarterly earnings growth of -6.7% and gross profit margins of 0.9%

  • Futu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally. It offers online financial services, including securities and derivative trades brokerage, margin financing and fund distribution services through its Futubull and Moomoo digital platforms. The company also provides financial information and online community services; online wealth management services under the brand of Money Plus through its Futubull and moomoo platforms, which give access to mutual funds, private funds, and bonds; market data and information services; and NiuNiu Community, which serves as an open forum for users and clients to share insights, ask questions, and exchange ideas. In addition, the company provides initial public offering subscription and employee share option plan solution services. Futu Holdings Limited was founded in 2007 and is based in Sheung Wan, Hong Kong.

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.