How to Buy Futu Holdings Stock
Futu Holdings Ltd
Futu Holdings Limited operates an online brokerage and wealth management platform in Hong Kong and internationally.
Futu Holdings stock last closed at $55.55, up 1.42% from the previous day, and has increased 25.85% in one year. It has overperformed other stocks in the Capital Markets industry by 0.1 percentage points. Futu Holdings stock is currently +54.69% from its 52-week low of $35.91, and -17.69% from its 52-week high of $67.49.
There are currently 1.1B shares of FUTU outstanding. The market capitalization of FUTU is $7.62B. In the past 24 hours, 997,288 FUTU shares were traded.
How to Buy Futu Holdings Stock
Wondering how to invest in Futu Holdings stock? Here's how.
- Choose where to buy Futu Holdings stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Futu Holdings stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Choose your method of payment and add your details.
- Analyze Futu Holdings stock: The Futu Holdings ticker symbol is FUTU. Is Futu Holdings stock a good investment? Should you buy shares of FUTU? How do FUTU's underlying business fundamentals look? Do top analysts think Futu Holdings is a good buy? Why has FUTU's stock price moved recently? (Hint: Our stock market research website can help you understand if FUTU is a good stock to buy).
- Make your FUTU trade: Decide if you will purchase FUTU shares at the current market price or use a limit order to purchase FUTU shares at a given price.
- Get the latest scoop on your FUTU investment: Create a watchlist to important notifications about your new investment in Futu Holdings shares.
Step 1: Choose where to buy Futu Holdings stock
You will need an online brokerage account to access the NASDAQ market and buy FUTU shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal information so you can invest in FUTU stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open a new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on a good stock buying app, you can securely and quickly fund your account:
Watch the walkthrough below for more details transferring money into your new brokerage account.
Step 4: Analyze Futu Holdings stock
After you have selected the best place to buy Futu Holdings stock, it's critical to research their stock before you buy, so you actually wrap your head around the risk as well as the opportunity.
Futu Holdings stock data
Futu Holdings Due Diligence Checks
WallStreetZen was created to help average investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on FUTU's stock page.
Is FUTU stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge FUTU's fair value.
Using relative valuations metrics:
- FUTU could be undervalued based on its P/E ratio of 14x, relative to Capital Markets industry P/E ratio of 20.26x
- FUTU may be overvalued based on its P/B ratio of 2.42x, relative to Capital Markets industry P/B ratio of 1.84x
You can do more valuation analysis on FUTU's stock here.
FUTU Financial Health Overview
Passed Health Checks:
- FUTU profit margin has gone up from 38.4% to 42.8% in the past year.
- There are more short-term assets than short-term liabilities on the FUTU balance sheet.
- Total FUTU debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the FUTU balance sheet.
Failed Health Checks:
- FUTU has a relatively high debt to equity ratio of 2.95.
Is FUTU stock a Buy, Hold, or Sell, according to analysts?
Out of 6 sell side analysts who research FUTU, the consensus analyst rating on FUTU is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Latest FUTU Analyst Recommendations
Zoey Zong, a bottom 40% analyst from Jefferies maintains FUTU with a strong buy rating and raises their FUTU price target from $64.80 to $71.50, on Nov 24, 2023.
You can dive deeper into what analysts are projecting on the Futu Holdings stock forecast page.
Metrics for Advanced FUTU Traders
FUTU Growth Numbers
Last year, FUTU earnings were $547.50M. In the last five year, FUTU's earnings have increased by 112.37% per year. This was faster than the Capital Markets industry average of 11.37%.
Last year, FUTU revenue was $1.28B. During the last 5 year, FUTU's revenue has gone up by 65.37% per year. This was faster than the Capital Markets industry average of 13.29%.
Find out more about FUTU's earnings and revenue performance here.
Are FUTU insiders buying or selling the stock?
Over the past year, executives and large shareholders at FUTU have not bought or sold any shares.
Research more about who owns FUTU shares here.
Does FUTU provide a stable income stream?
No, Futu Holdings doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your FUTU trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, place a limit order.
Press the Open button and eToro will execute the order.
If you want additional help buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your FUTU investment
Now that you own some shares in FUTU, you'll want to keep up with your new stock purchase.
Create a watchlist to track your FUTU stock.
FUTU Feed
How to Buy Stock in Futu Holdings
To reiterate, here are the 6 steps for buying Futu Holdings stock:
- Choose where to buy Futu Holdings stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Analyze Futu Holdings stock
- Make your FUTU trade
- Get the latest scoop on your FUTU investment
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Futu Holdings, create a watchlist today.
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