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Evaluating NASDAQ:FUTU for Growth Investment Opportunities.

By Mill Chart

Last update: Mar 11, 2024

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 course 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.

Looking into the canslim metrics of FUTU HOLDINGS LTD-ADR

  • FUTU HOLDINGS LTD-ADR has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 46.91% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
  • The q2q revenue growth of 36.23% of FUTU HOLDINGS LTD-ADR highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
  • FUTU HOLDINGS LTD-ADR has achieved 151.0% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
  • FUTU HOLDINGS LTD-ADR exhibits a strong Return on Equity (ROE) of 18.54%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
  • The Relative Strength (RS) of FUTU HOLDINGS LTD-ADR has been consistently solid, with a current 75.75 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. FUTU HOLDINGS LTD-ADR exhibits strong prospects for further price appreciation.
  • FUTU HOLDINGS LTD-ADR exhibits a favorable Debt-to-Equity ratio at 0.21. 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.
  • FUTU HOLDINGS LTD-ADR exhibits a favorable ownership structure, with an institutional shareholder ownership of 18.76%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

What is the technical picture of NASDAQ:FUTU telling us.

ChartMill assigns a proprietary Technical Rating to each stock. The score is computed daily by evaluating various technical indicators and properties. The score ranges from 0 to 10.

Taking everything into account, FUTU scores 6 out of 10 in our technical rating. FUTU has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

  • The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
  • FUTU is part of the Capital Markets industry. There are 209 other stocks in this industry. FUTU outperforms 76% of them.
  • In the last month FUTU has a been trading in the 47.68 - 58.10 range, which is quite wide. It is currently trading near the high of this range.
  • Looking at the yearly performance, FUTU did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
  • FUTU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FUTU is lagging the market.

Our latest full technical report of FUTU contains the most current technical analsysis.

A complete fundamental analysis of NASDAQ:FUTU

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

FUTU gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 209 industry peers in the Capital Markets industry. FUTU scores excellent on profitability, but there are concerns on its financial health. FUTU is not priced too expensively while it is growing strongly. Keep and eye on this one!

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

More growth stocks can be found in our CANSLIM screen.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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FUTU HOLDINGS LTD-ADR

NASDAQ:FUTU (12/20/2024, 8:13:43 PM)

After market: 84.4 +0.36 (+0.43%)

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