Reassessing The Changing Outlook For Flutter Entertainment Plc (FLUT)

Currently, there are 177.01M common shares owned by the public and among those 175.93M shares have been available to trade.

The company’s stock has a 5-day price change of 5.07% and 22.11% over the past three months. FLUT shares are trading 28.80% year to date (YTD), with the 12-month market performance up to 24.35% higher. It has a 12-month low price of $148.00 and touched a high of $226.40 over the same period. FLUT has an average intraday trading volume of 1.65 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 8.04%, 13.22%, and 17.69% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Flutter Entertainment Plc (NYSE: FLUT) shares accounts for 84.12% of the company’s 177.01M shares outstanding.

It has a market capitalization of $40.98B and a beta (3y monthly) value of 1.24. The earnings-per-share (ttm) stands at -$0.35. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.13% over the week and 2.16% over the month.

Analysts forecast that Flutter Entertainment Plc (FLUT) will achieve an EPS of 0.23 for the current quarter, 2.46 for the next quarter and 8.19 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.26 while analysts give the company a high EPS estimate of -0.26. Earnings per share for the fiscal year are expected to increase by 62.10%, and 48.82% over the next financial year.

Looking at the support for the FLUT, a number of firms have released research notes about the stock. Barclays stated their Overweight rating for the stock in a research note on September 12, 2024, with the firm’s price target at $263. Morgan Stanley coverage for the Flutter Entertainment Plc (FLUT) stock in a research note released on August 22, 2024 offered a Overweight rating with a price target of $247. Oppenheimer was of a view on June 04, 2024 that the stock is Outperform, while MoffettNathanson gave the stock Buy rating on May 06, 2024, issuing a price target of $240. Wells Fargo on their part issued Equal Weight rating on April 04, 2024.

Most Popular

Related Posts