Don't Judge Futu on Technicals Alone - Check Its Fundamentals!

By Ken Smith • Tuesday, December 16 10:12 • Permanent Link

Futu logged a 2.1% change during today's morning session, and is now trading at a price of $165.33 per share. The S&P 500 index moved -0.0%. FUTU's trading volume is 352,672 compared to the stock's average volume of 2,083,336.

Futu trades -27.39% away from its average analyst target price of $227.7 per share. The 18 analysts following the stock have set target prices ranging from $157.93034 to $300.23288, and on average have given Futu a rating of buy.

Anyone interested in buying FUTU should be aware of the facts below:

Futu's current price is 781.3% above its Graham number of $18.76, which implies that at its current valuation it does not offer a margin of safety
Futu has moved 87.9% over the last year, and the S&P 500 logged a change of 12.7%
Based on its trailing earnings per share of 8.94, Futu has a trailing 12 month Price to Earnings (P/E) ratio of 18.5 while the S&P 500 average is None
FUTU has a forward P/E ratio of 14.6 based on its forward 12 month price to earnings (EPS) of $11.33 per share
Its Price to Book (P/B) ratio is 4.92 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 Admiralty, the company has 3,343 full time employees and a market cap of $23.02 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.