News Image

Exploring NASDAQ:FUTU's growth characteristics.

By Mill Chart

Last update: Aug 15, 2023

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if FUTU HOLDINGS LTD-ADR (NASDAQ:FUTU) is suited for growth investing. Investors should of couse do their own research, but we spotted FUTU HOLDINGS LTD-ADR showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Some of the canslim metrics of NASDAQ:FUTU highlighted

  • In the most recent financial report, FUTU HOLDINGS LTD-ADR reported a 115.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
  • With consistent quarter-to-quarter (Q2Q) revenue growth of 44.36%, FUTU HOLDINGS LTD-ADR exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
  • FUTU HOLDINGS LTD-ADR has achieved 403.0% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
  • With a solid Return on Equity (ROE) of 15.97%, FUTU HOLDINGS LTD-ADR exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
  • FUTU HOLDINGS LTD-ADR has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 92.39 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.
  • Maintaining a Debt-to-Equity ratio of 0.0, FUTU HOLDINGS LTD-ADR demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
  • With institutional shareholders at 22.08%, 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.

Technical analysis of NASDAQ:FUTU

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

Overall FUTU gets a technical rating of 7 out of 10. Although FUTU is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

  • The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
  • FUTU is part of the Capital Markets industry. There are 206 other stocks in this industry. FUTU outperforms 94% of them.
  • When comparing the yearly performance of all stocks, we notice that FUTU is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this relatively good performance is mostly due to a recent big move.
  • FUTU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FUTU is lagging the market slightly.

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

Fundamental analysis of NASDAQ:FUTU

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

FUTU gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 206 industry peers in the Capital Markets industry. FUTU has an excellent profitability rating, but there are some minor concerns on its financial health. FUTU is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make FUTU suitable for growth investing!

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

More growth stocks can be found in our CANSLIM screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

Back

FUTU HOLDINGS LTD-ADR

NASDAQ:FUTU (11/21/2024, 8:00:01 PM)

Premarket: 80.46 -4.23 (-4.99%)

84.69

-4.3 (-4.83%)

Follow us for more