The stock of Flutter Entertainment Plc (FLUT) has seen a 7.23% increase in the past week, with a 6.80% gain in the past month, and a 18.77% flourish in the past quarter. The volatility ratio for the week is 2.75%, and the volatility levels for the past 30 days are at 2.27% for FLUT. The simple moving average for the last 20 days is 5.23% for FLUT’s stock, with a simple moving average of 18.10% for the last 200 days.
Is It Worth Investing in Flutter Entertainment Plc (NYSE: FLUT) Right Now?
Company’s 36-month beta value is 1.23.Analysts have differing opinions on the stock, with 10 analysts rating it as a “buy,” 2 as “overweight,” 2 as “hold,” and 0 as “sell.”
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
The public float for FLUT is 78.76M, and currently, short sellers hold a 4.92% ratio of that floaft. The average trading volume of FLUT on November 12, 2024 was 2.18M shares.
FLUT) stock’s latest price update
Flutter Entertainment Plc (NYSE: FLUT)’s stock price has gone decline by -2.11 in comparison to its previous close of 251.01, however, the company has experienced a 7.23% increase in its stock price over the last five trading days. businesswire.com reported 2024-11-12 that NEW YORK–(BUSINESS WIRE)– #BetHog–FanDuel Co-founders Launch Crypto Casino and Sportsbook Company, BetHog, and Secure $6M Seed Round.
Analysts’ Opinion of FLUT
Many brokerage firms have already submitted their reports for FLUT stocks, with UBS repeating the rating for FLUT by listing it as a “Buy.” The predicted price for FLUT in the upcoming period, according to UBS is $306 based on the research report published on November 08, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see FLUT reach a price target of $295, previously predicting the price at $224. The rating they have provided for FLUT stocks is “Overweight” according to the report published on October 14th, 2024.
BofA Securities gave a rating of “Buy” to FLUT, setting the target price at $300 in the report published on October 14th of the current year.
FLUT Trading at 6.48% 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 -2.82% of loss for the given period.
Volatility was left at 2.27%, however, over the last 30 days, the volatility rate increased by 2.75%, as shares surge +9.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.02% upper at present.
During the last 5 trading sessions, FLUT rose by +7.72%, which changed the moving average for the period of 200-days by +20.12% in comparison to the 20-day moving average, which settled at $233.57. In addition, Flutter Entertainment Plc saw 37.27% 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 3.74. 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 a nutshell, Flutter Entertainment Plc (FLUT) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
