Trading Day Review: Flutter Entertainment Plc (FLUT) Loses Momentum, Closing at 189.14

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The price of Flutter Entertainment Plc (NYSE: FLUT) closed at $189.14 in the last session, down -1.54% from day before closing price of $192.09. In other words, the price has decreased by -$1.54 from its previous closing price. On the day, 1.07 million shares were traded. FLUT stock price reached its highest trading level at $191.95 during the session, while it also had its lowest trading level at $187.78.

Ratios:

We take a closer look at FLUT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.48. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 0.77 whereas as Long-Term Debt/Eq ratio is at 0.75.

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, MoffettNathanson on May 06, 2024, initiated with a Buy rating and assigned the stock a target price of $240.

On April 04, 2024, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $210.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FLUT now has a Market Capitalization of 33585399808 and an Enterprise Value of 39394402304. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.84 while its Price-to-Book (P/B) ratio in mrq is 3.53. Its current Enterprise Value per Revenue stands at 3.211 whereas that against EBITDA is 24.622.

Stock Price History:

Over the past 52 weeks, FLUT has reached a high of $226.40, while it has fallen to a 52-week low of $148.00. The 50-Day Moving Average of the stock is -4.08%, while the 200-Day Moving Average is calculated to be 2.68%.

Shares Statistics:

According to the various share statistics, FLUT traded on average about 504.58K shares per day over the past 3-months and 1318380 shares per day over the past 10 days. A total of 177.01M shares are outstanding, with a floating share count of 175.71M. Insiders hold about 1.03% of the company’s shares, while institutions hold 76.73% stake in the company. Shares short for FLUT as of 1715731200 were 656647 with a Short Ratio of 1.30, compared to 1713139200 on 526490.

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