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Futu Is A Buy As Dust Has Settled
Seeking Alpha· 2024-12-12 16:06
Futu Holdings (NASDAQ: FUTU ) stock has been on a wild rollercoaster in the last few years, but now is a clear buy. It increased its value by four times in 2020 alone, then exploded vertically again by 400% in JanuaryI am a dedicated financial risk manager and investor specializing in financials, consumer, and technology industries. I have been involved in the investing world for over seven years, making deep analyses and managing different types of portfolios.I believe in deep research, prioritizing busine ...
Best Momentum Stocks to Buy for November 26th
ZACKS· 2024-11-26 16:15
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, November 26: monday.com Ltd. (MNDY) : This software development company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.9% over the last 60 days. monday.com's shares gained 14.1% over the last three months compared with the S&P 500's advanced of 6.3%. The company possesses a Momentum Score of A. Futu Holdings Limited (FUTU) : This digitalized sec ...
FUTU or BRZE: Which Is the Better Value Stock Right Now?
ZACKS· 2024-11-25 17:46
Investors interested in Technology Services stocks are likely familiar with Futu Holdings Limited Sponsored ADR (FUTU) and Braze, Inc. (BRZE) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revisi ...
Has Futu Holdings (FUTU) Outpaced Other Business Services Stocks This Year?
ZACKS· 2024-11-22 15:40
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Futu Holdings Limited Sponsored ADR (FUTU) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Futu Holdings Limited Sponsored ADR is a member of our Business Services group, which includes 304 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength o ...
富途控股:持续的产品创新和市场拓展
第一上海证券· 2024-11-22 05:46
公司評論 第一上海研究部 research@firstshanghai.co m.hk | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------- ...
富途控股:盈利符合市场预期,派发特别股息提升股东回报
交银国际证券· 2024-11-21 01:23
交银国际研究 公司更新 收盘价 目标价 潜在涨幅 美元 86.70 美元 108.00↑ +24.6% 证券 2024 年 11 月 20 日 富途控股 (FUTU US) 盈利符合市场预期,派发特别股息提升股东回报 盈利增长强劲,基本符合市场预期。富途 2024 年 3 季度净利润为 13.2 亿 港元,同/环比增长 21%/9%,符合市场预期。3 季度收入同比增长 30%, 环比增长 10%,收入增长主要来自经纪业务佣金收入;净利息收入环比增 长 6%。3 季度平均获客成本为 2037 港元,环比下降 6.7%。 经纪业务佣金收入显著增长。3季度交易量同比增长75%,环比增长17%, 其中美股交易量环比增长 23%,港股交易量环比下降 3%。3 季度交易量为 2021 年 2 季度以来的新高,增长主要来自美股,美股占交易量比重上升至 80.5%,环比上升 4 个百分点。经纪业务平均佣金率为 8.05 个基点,环比 下降 0.45 个基点,主要由于股票占比相对衍生品提升。 新增付费客户增长延续强劲增长势头。3 季度新增付费客户 15.4 万,环比 持平,同比增长好于我们预期,前三季度累计新增付费客户达到 4 ...
富途控股:24Q3业绩点评:Q3收入超预期,首次派发特别现金股利
民生证券· 2024-11-20 13:25
富途控股(FUTU)24Q3 业绩点评 Q3 收入超预期,首次派发特别现金股利 2024 年 11 月 20 日 ➢ 事件:2024 年 11 月 19 日,公司发布 24Q3 业绩,营收 34.4 亿港元(BBG 一致预期 33.3 亿),yoy+30%,qoq+10%;净利润 13.2 亿港元,yoy+21%, qoq+9%;Non-GAAP 净利润 14 亿港元,yoy+21%,qoq+8%。公司宣布派 发 0.25 美元/股或 2 美元/ADS 特别现金股息,总额约 2.8 亿美元。 ➢ Q3 交易额高增长驱动佣金收入提升,交易额中美股占比上升至 80%。1) 经纪佣金收入为 15.3 亿港元,yoy+52%,qoq+11%,主要得益于交易量提升, 部分被佣金率下降所抵消。24Q3 总交易额 1.9 万亿港元,yoy+75%,qoq+17%, 其中美股交易额 1.5 万亿港元,yoy+90%,qoq+23%,占比总交易额 80%;港 股交易额 3477 亿港元,yoy+28%,qoq-3%,占比总交易额 18%。混合佣金率 达到 8bps,yoy-1.2bps,qoq-0.5bps,主要系交易高价值股 ...
富途控股:2024年三季度业绩点评:业绩延续增势,首次派息回馈股东
东吴证券· 2024-11-20 10:23
Investment Rating - Buy (Maintained) [1] Core Viewpoints - Futu Holdings' 2024 Q3 performance continued its growth trend, with a significant increase in revenue and net profit [1] - The company announced its first special dividend, reflecting its commitment to shareholder returns [1] - Futu's user base and registered clients grew substantially, with strong contributions from overseas markets [1] - The company's revenue and net profit forecasts for 2024-2026 have been revised upwards, indicating positive growth prospects [1] Revenue and Profit Analysis - 2024 Q1-Q3 revenue increased by 19.9% YoY to HKD 9.158 billion, with Q3 revenue up 29.6% YoY to HKD 3.436 billion [1] - 2024 Q1-Q3 net profit attributable to the parent company rose by 4.7% YoY to HKD 3.564 billion, with Q3 net profit up 20.3% YoY to HKD 1.313 billion [1] - Brokerage commissions increased by 31% YoY in 2024 Q1-Q3 to HKD 4 billion, with Q3 commissions up 52% YoY to HKD 1.5 billion [1] - Interest income grew by 10% YoY in 2024 Q1-Q3 to HKD 4.6 billion, with Q3 interest income up 13% YoY to HKD 1.3 billion [1] - Other income increased by 35% YoY in 2024 Q1-Q3 to HKD 530 million, with Q3 other income up 52% YoY to HKD 210 million [1] Cost and Expense Analysis - 2024 Q1-Q3 operating expenses rose by 51% YoY to HKD 1.7 billion, with Q3 expenses up 43% YoY to HKD 630 million [1] - R&D expenses increased by 2% YoY in 2024 Q1-Q3 to HKD 1.09 billion, with Q3 R&D expenses up 7% YoY to HKD 390 million [1] - Sales expenses grew by 79% YoY in 2024 Q1-Q3 to HKD 950 million, with Q3 sales expenses up 48% YoY to HKD 380 million [1] - Administrative expenses increased by 11% YoY in 2024 Q1-Q3 to HKD 1.04 billion, with Q3 administrative expenses up 18% YoY to HKD 310 million [1] User Growth and Market Expansion - Futu's platform users, registered clients, and funded clients increased by 14%, 23%, and 33% YoY respectively in 2024 Q3 [1] - The company added 154,000 new funded clients in Q3, a 138% YoY increase, with significant contributions from Hong Kong and Singapore markets [1] - Overseas markets, including Japan, Canada, Malaysia, and Australia, saw double-digit growth in funded clients in Q3 [1] Special Dividend and Shareholder Returns - Futu announced a special cash dividend of USD 0.25 per ordinary share or USD 2 per ADS, totaling approximately USD 280 million [1] - The dividend represents 8% of the company's equity capital at the end of Q3, with no expected hindrance to future growth [1] Financial Forecasts and Valuation - 2024-2026 net profit forecasts have been revised upwards to HKD 5.03 billion, HKD 5.62 billion, and HKD 6.543 billion respectively [1] - The current market valuation corresponds to 2024-2026 PE ratios of 18.50x, 16.56x, and 14.22x [1] - The company's long-term growth potential is considered substantial, supported by its expansion into overseas markets and user base growth [1]
FUTU(FUTU) - 2024 Q3 - Earnings Call Transcript
2024-11-19 14:53
Futu Holdings Limited (NASDAQ:FUTU) Q3 2024 Earnings Conference Call November 19, 2024 7:30 AM ET Company Participants Daniel Yuan - Head, Strategy & Investor Relations Leaf Li - Chairman & Chief Executive Officer Arthur Chen - Chief Financial Officer Conference Call Participants Cindy Wang - China Renaissance Chiyao Huang - MS You Fan - CICC Charles Zhou - UBS Emma Xu - Bank of America Securities Operator Hello, ladies and gentlemen. Welcome to Futu Holdings Third Quarter 2024 Earnings Conference Call. At ...
Moomoo's Parent Company Futu Releases Q3 Earnings Result with US$442.3 Million in Total Revenues, a 29.6 % YoY Increase
Prnewswire· 2024-11-19 08:42
JERSEY CITY, N.J., Nov. 19, 2024 /PRNewswire/ -- Moomoo's parent company Futu Holdings Ltd. ("Futu" or "the Company") (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, announced its unaudited Q3 2024 earnings with US$442.3 million in revenues, up 29.6% year-over-year ("YoY"), and US$180 million in non-GAAP adjusted net income, a 20.8% YoY increase. The Company maintained robust growth, with its global users reaching over 24.1 million and paying clients approaching 2.2 m ...