The 36-month beta value for FLUT is at 1.25. Analysts have varying views on the stock, with 10 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for FLUT is 78.76M, and currently, shorts hold a 4.53% of that float. The average trading volume for FLUT on October 25, 2024 was 2.08M shares.
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FLUT) stock’s latest price update
The stock price of Flutter Entertainment Plc (NYSE: FLUT) has plunged by -0.37 when compared to previous closing price of 229.00, but the company has seen a -2.77% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-10-23 that The sector is undervalued because the market is yet to recognize its long-term growth prospects. Overall, this basket portfolio is poised to gain strongly as Q4 events unfold with strong earnings profiles indicated forward either by Q4 2024 or Q1 2025. The market is still chasing AI, which tends to bury other strong stories.
FLUT’s Market Performance
FLUT’s stock has fallen by -2.77% in the past week, with a monthly drop of -4.88% and a quarterly rise of 14.87%. The volatility ratio for the week is 1.77% while the volatility levels for the last 30 days are 2.46% for Flutter Entertainment Plc The simple moving average for the past 20 days is -1.96% for FLUT’s stock, with a 11.38% simple moving average for the past 200 days.
Analysts’ Opinion of FLUT
Many brokerage firms have already submitted their reports for FLUT stocks, with Wells Fargo repeating the rating for FLUT by listing it as a “Overweight.” The predicted price for FLUT in the upcoming period, according to Wells Fargo is $295 based on the research report published on October 14, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see FLUT reach a price target of $300. The rating they have provided for FLUT stocks is “Buy” according to the report published on October 14th, 2024.
Oppenheimer gave a rating of “Outperform” to FLUT, setting the target price at $300 in the report published on September 26th of the current year.
FLUT Trading at 1.85% from the 50-Day Moving Average
After a stumble in the market that brought FLUT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.76% of loss for the given period.
Volatility was left at 2.46%, however, over the last 30 days, the volatility rate increased by 1.77%, as shares sank -6.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.29% upper at present.
During the last 5 trading sessions, FLUT fell by -2.77%, which changed the moving average for the period of 200-days by +35.68% in comparison to the 20-day moving average, which settled at $232.72. In addition, Flutter Entertainment Plc saw 27.46% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FLUT
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.43 for the gross margin
The net margin for Flutter Entertainment Plc stands at -0.1. The total capital return value is set at 0.02.
Based on Flutter Entertainment Plc (FLUT), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 0.7. The interest coverage ratio of the stock is 1.91.
Currently, EBITDA for the company is 1.72 billion with net debt to EBITDA at 2.56. When we switch over and look at the enterprise to sales, we see a ratio of 3.49. The receivables turnover for the company is 56.85for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.90.
Conclusion
In conclusion, Flutter Entertainment Plc (FLUT) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
