Flutter Entertainment (NYSE:FLUT - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $2.67 earnings per share for the quarter, topping the consensus estimate of $1.74 by $0.93, Zacks reports. The company had revenue of $3.79 billion for the quarter, compared to analysts' expectations of $3.02 billion. Flutter Entertainment had a negative net margin of 6.86% and a negative return on equity of 4.52%. Flutter Entertainment updated its FY 2025 guidance to EPS.
Flutter Entertainment Trading Down 3.6 %
Shares of Flutter Entertainment stock traded down $9.19 on Friday, hitting $248.02. The stock had a trading volume of 3,095,753 shares, compared to its average volume of 1,588,790. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.66. Flutter Entertainment has a one year low of $174.03 and a one year high of $299.73. The stock has a market cap of $44.02 billion and a price-to-earnings ratio of 1,127.38. The stock's 50-day simple moving average is $267.23 and its two-hundred day simple moving average is $251.02.
Wall Street Analyst Weigh In
Several research firms recently weighed in on FLUT. Wells Fargo & Company upped their price objective on shares of Flutter Entertainment from $285.00 to $300.00 and gave the stock an "overweight" rating in a research report on Wednesday. The Goldman Sachs Group assumed coverage on shares of Flutter Entertainment in a research report on Friday, November 22nd. They set a "buy" rating and a $320.00 price target on the stock. Macquarie reiterated an "outperform" rating and set a $340.00 price target on shares of Flutter Entertainment in a research report on Wednesday. Barclays increased their price target on shares of Flutter Entertainment from $301.00 to $308.00 and gave the company an "overweight" rating in a research report on Wednesday. Finally, Benchmark increased their price target on shares of Flutter Entertainment from $275.00 to $300.00 and gave the company a "buy" rating in a research report on Wednesday. Eighteen research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Flutter Entertainment has an average rating of "Buy" and a consensus price target of $311.41.
Get Our Latest Report on FLUT
About Flutter Entertainment
(
Get Free Report)
Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.
Read More
Before you consider Flutter Entertainment, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Flutter Entertainment wasn't on the list.
While Flutter Entertainment currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
