Large-cap Finance company Futu has logged a -2.1% change today on a trading volume of 1,957,247. The average volume for the stock is 3,513,537.
Futu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally. Based in Sheung Wan, Hong Kong the company has 3,213 full time employees and a market cap of $14,983,266,304.
The company is now trading 16.03% away from its average analyst target price of $93.63 per share. The 15 analysts following the stock have set target prices ranging from $50.61 to $187.99, and on average give Futu a rating of buy.
Over the last 52 weeks, FUTU stock has risen 78.8%, which amounts to a 45.8% difference compared to the S&P 500. The stock's 52 week high is $130.5 whereas its 52 week low is $43.61 per share. Based on Futu's average net margin growth of 21.7% over the last 5 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 1,281,340 | 548,140 | 43 | 13.16 |
| 2022 | 975,969 | 375,178 | 38 | -2.56 |
| 2021 | 912,267 | 360,302 | 39 | -2.5 |
| 2020 | 427,015 | 170,960 | 40 | 150.0 |
| 2019 | 136,282 | 21,267 | 16 |
