How to Buy Futu Holdings Stock
Futu Holdings Ltd
Futu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally.
Futu Holdings stock last closed at $92.31, up 0.26% from the previous day, and has increased 43.54% in one year. It has overperformed other stocks in the Capital Markets industry by 0.22 percentage points. Futu Holdings stock is currently +78.2% from its 52-week low of $51.80, and -29.47% from its 52-week high of $130.88.
There are currently 1.11B shares of FUTU outstanding. The market capitalization of FUTU is $12.84B. In the last 24 hours, 1.49M FUTU shares were traded.
How to Buy Futu Holdings Stock
Not sure how to invest in Futu Holdings stock? Here's how.
- Choose where to buy Futu Holdings stock: You need to decide on a stock brokerage, but don't worry - we've tested 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 found.
- Deposit funds into your brokerage account: Pick your payment method and add your info.
- 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 analysis tools can help you decide 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 buy FUTU stock at a particular price.
- Get the latest scoop on your FUTU investment: Create a watchlist to monitor your position in Futu Holdings shares.
Step 1: Choose where to buy Futu Holdings stock
You will need a brokerage account in order to access the NASDAQ market and buy FUTU stock.
Our preferred brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global markets: From Technology to Financial Services, New York to Tokyo (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios 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 creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal information so you are able to invest in FUTU today.
How to Start a New Brokerage 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.
- Enter your personal data to open a new brokerage account.
- Send your application 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 the best stock app for beginners, you need to deposit funds:
Check out this video walkthrough for more details depositing funds into your new investment account.
Step 4: Analyze Futu Holdings stock
After you have selected the best place to buy Futu Holdings stock, it's important to analyze their stock prior to buying, so you truly wrap your head around the risk as well as the upside.
Futu Holdings stock data
Fundamentals of Futu Holdings
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on FUTU's stock page.
Is FUTU stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge FUTU's intrinsic value.
Using relative valuations ratios:
- FUTU may be undervalued based on its P/E ratio of 18.16x, relative to Capital Markets industry P/E ratio of 19.97x
- FUTU may be overvalued based on its P/B ratio of 3.56x, relative to Capital Markets industry P/B ratio of 2.1x
- FUTU may be undervalued based on its PEG ratio of 0.78x
You can access more valuation analysis on FUTU's stock here.
A quick look at FUTU Financials
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the FUTU balance sheet.
- There are more short-term assets than short-term liabilities on the FUTU balance sheet.
- FUTU earnings of $830.08M is not enough to cover its interest payments.
- FUTU's operating cash flow of $3.99B allows it to safely service it's debt of $1.10B.
- Total FUTU debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- FUTU has a relatively high debt to equity ratio of 4.67.
- FUTU profit margin has gone down from 42.8% to 40.1% in the past year.
Is it a good time to buy FUTU stock, according to analysts?
Out of 3 Equities analysts who give recommendations on FUTU, the consensus analyst rating on Futu Holdings is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Futu Holdings stock forecast page.
FUTU Technical Indicators
FUTU Revenue
Last year, FUTU earnings were $701.43M. During the last five year, FUTU's earnings have gone up by 96.28% per year. This was faster than the Capital Markets industry average of 26.63%.
Last year, FUTU revenue was $1.75B. Over the last five year, FUTU's revenue has grown by 66.6% per year. This was faster than the Capital Markets industry average of 19.1%.
Dive into FUTU's earnings and revenue performance here.
Are FUTU insiders buying or selling the stock?
Over the last year, insiders at FUTU have not bought or sold any shares.
Research more about who owns FUTU stock here.
Does FUTU provide a stable income stream?
Futu Holdings pays a dividend of 2.17%, compared to the Capital Markets industry's average dividend yield of 2.01%. If you owned $1,000 worth of FUTU stock, you would have been paid $21.67 in the past 12 months.
Get more data about Futu Holdings dividend yield and history here.
FUTU Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your FUTU trade
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the easiest way to buy. - 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 particular dollar amount limit, place a limit order.
Click the Open Trade button and your broker will place your order.
If you require more assistance buying stocks on eToro, click the how to 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 stock purchase.
Create a watchlist to get the latest updates about your FUTU stock.
FUTU Feed
How to Buy Stock in Futu Holdings
To reiterate, here are the 6 steps you need to take to buy Futu Holdings stock right now:
- 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 require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Futu Holdings, add FUTU to your watchlist by clicking the button below.
Trending Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.