News Image

Exploring growth characteristics of FUTU HOLDINGS LTD-ADR (NASDAQ:FUTU).

By Mill Chart

Last update: Oct 17, 2023

In this article we will dive into FUTU HOLDINGS LTD-ADR (NASDAQ:FUTU) as a possible candidate for growth investing. Investors should always do their own research, but we noticed FUTU HOLDINGS LTD-ADR showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Looking into the canslim metrics of FUTU HOLDINGS LTD-ADR

  • The recent financial report of FUTU HOLDINGS LTD-ADR demonstrates a 77.76% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
  • FUTU HOLDINGS LTD-ADR has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 42.26%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
  • FUTU HOLDINGS LTD-ADR has achieved 151.0% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
  • The Return on Equity(ROE) of FUTU HOLDINGS LTD-ADR is 17.95%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
  • FUTU HOLDINGS LTD-ADR has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 97.52 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. FUTU HOLDINGS LTD-ADR is well-positioned for potential price growth opportunities.
  • FUTU HOLDINGS LTD-ADR exhibits a favorable Debt-to-Equity ratio at 0.2. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
  • With institutional shareholders at 22.48%, FUTU HOLDINGS LTD-ADR demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.

In-Depth Technical Analysis of NASDAQ:FUTU

ChartMill assigns a Technical Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple technical indicators and properties.

Taking everything into account, FUTU scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, FUTU has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • Both the short term and long term trends are positive. This is a very positive sign.
  • When comparing the yearly performance of all stocks, we notice that FUTU is one of the better performing stocks in the market, outperforming 97% of all stocks.
  • FUTU is one of the better performing stocks in the Capital Markets industry, it outperforms 99% of 208 stocks in the same industry.
  • FUTU is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FUTU is performing more or less in line with the market.
  • In the last month FUTU has a been trading in the 52.17 - 67.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
  • Volume is considerably higher in the last couple of days.

For an up to date full technical analysis you can check the technical report of FUTU

Fundamental Analysis Observations

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

Taking everything into account, FUTU scores 6 out of 10 in our fundamental rating. FUTU was compared to 208 industry peers in the Capital Markets industry. FUTU scores excellent on profitability, but there are concerns on its financial health. FUTU is growing strongly while it is still valued neutral. This is a good combination!

Check the latest full fundamental report of FUTU for a complete fundamental analysis.

More growth stocks can be found in our CANSLIM screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

Back

FUTU HOLDINGS LTD-ADR

NASDAQ:FUTU (2/22/2024, 9:20:03 AM)

50.54

+0.61 (+1.22%)

FUTU News

News Image4 hours ago - InvestorPlace7 Terrific Tech Stocks to Buy Instead of the Magnificent 7

Rather than chasing the overvalued Magnificent 7 stocks, investors should focus on high-quality yet overlooked tech stocks.

News Imagea month ago - Market News VideoInteresting FUTU Put And Call Options For March 8th
News Imagea month ago - Seeking AlphaFutu raised to Overweight at J.P. Morgan after recent correction (NASDAQ:FUTU)

J.P. Morgan upgrades Futu Holdings stock, citing recent underperformance as overdone.

News Imagea month ago - Market News VideoRelative Strength Alert For Futu Holdings Limited
News Imagea month ago - Market News VideoInteresting FUTU Put And Call Options For January 2025
News Image2 months ago - Seeking AlphaFutu upped to Equal-Weight as Morgan Stanley sees more balanced risk-reward (NASDAQ:FUTU)

Morgan Stanley upgrades Futu Holdings to Equal-Weight as strong user growth and potential rate cuts signal positive prospects for the Hong Kong-based...

News Image2 months ago - Market News VideoInteresting FUTU Put And Call Options For February 23rd
News Image2 months ago - Market News VideoInteresting FUTU Put And Call Options For January 2026
News Image3 months ago - Seeking AlphaFutu Holdings GAAP EPS of HK$0.98, revenue of HK$2,650.4M (NASDAQ:FUTU)

Futu Holdings announces Q3 2023 financial results with increased paying clients, client assets, and trading volume.

News Image3 months ago - Futu Holdings LimitedFutu Announces Third Quarter 2023 Unaudited Financial Results
News Image3 months ago - Futu Holdings LimitedFutu Announces Third Quarter 2023 Unaudited Financial Results

HONG KONG, Nov. 23, 2023 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and...

News Image3 months ago - SBWireNASDAQ:FUTU Long Term Investor Notice: Investigation over Potential Wrongdoing at Futu Holdings Limited

San Diego, CA -- (SBWIRE) -- 11/15/2023 -- Certain directors of Futu Holdings Limited are under investigation over potential breaches of fiduciary duties.

FUTU Links
Follow us for more