Trading Day Review: Flutter Entertainment Plc (FLUT) Gains Momentum, Closing at 273.22

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

The price of Flutter Entertainment Plc (NYSE: FLUT) closed at $273.22 in the last session, up 4.89% from day before closing price of $260.49. In other words, the price has increased by $4.89 from its previous closing price. On the day, 2.11 million shares were traded.

Ratios:

We take a closer look at FLUT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 0.73 whereas as Long-Term Debt/Eq ratio is at 0.71.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Truist on February 26, 2025, initiated with a Buy rating and assigned the stock a target price of $330.

On January 17, 2025, Stifel started tracking the stock assigning a Buy rating and target price of $320.

On December 11, 2024, Macquarie started tracking the stock assigning a Outperform rating and target price of $340.Macquarie initiated its Outperform rating on December 11, 2024, with a $340 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 04 ’24 when AMY H HOWE bought 6,495 shares for $278.83 per share.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 4.10 while its Price-to-Book (P/B) ratio in mrq is 4.74.

Stock Price History:

Over the past 52 weeks, FLUT has reached a high of $299.73, while it has fallen to a 52-week low of $174.03. The 50-Day Moving Average of the stock is 2.21%, while the 200-Day Moving Average is calculated to be 18.52%.

Shares Statistics:

A total of 177.82M shares are outstanding, with a floating share count of 176.07M. Insiders hold about 1.11% of the company’s shares, while institutions hold 88.63% stake in the company.

Earnings Estimates

The market rating of Flutter Entertainment Plc (FLUT) is currently shaped by the ongoing analysis conducted by 9 analysts closely monitoring its performance.The consensus estimate for the next quarter is $1.94, with high estimates of $2.02 and low estimates of $1.82.

Analysts are recommending an EPS of between $5.77 and $4.13 for the fiscal current year, implying an average EPS of $5.06. EPS for the following year is $9.44, with 8.0 analysts recommending between $10.7 and $8.67.

Revenue Estimates

According to 16 analysts, the current quarter’s revenue is expected to be $3.02B. It ranges from a high estimate of $3.18B to a low estimate of $2.88B. As of the current estimate, Flutter Entertainment Plc’s year-ago sales were $4.94BFor the next quarter, 16 analysts are estimating revenue of $3.2B. There is a high estimate of $3.32B for the next quarter, whereas the lowest estimate is $3.11B.

A total of 30 analysts have provided revenue estimates for FLUT’s current fiscal year. The highest revenue estimate was $11.48B, while the lowest revenue estimate was $10.81B, resulting in an average revenue estimate of $11.25B. In the same quarter a year ago, actual revenue was $9.34BBased on 18 analysts’ estimates, the company’s revenue will be $13.12B in the next fiscal year. The high estimate is $13.95B and the low estimate is $12.13B.

Most Popular