Flutter Entertainment Plc (NYSE: FLUT)’s stock price has decreased by -1.30 compared to its previous closing price of 282.64. However, the company has seen a 1.17% increase in its stock price over the last five trading sessions. proactiveinvestors.co.uk reported 2024-11-25 that Rentokil Initial PLC (LSE:RTO) shares climbed after the pest controller, which has disappointed the market in the past year over its struggles to integrate a big US acquisition, appointed a new chief financial officer. Paul Edgecliffe-Johnson, who brings 25 years’ experience in finance and international businesses, most recently having been CFO at Anglo-US betting giant Flutter Entertainmen, will join the board on 1 January 2025.
Is It Worth Investing in Flutter Entertainment Plc (NYSE: FLUT) Right Now?
FLUT has 36-month beta value of 1.26. Analysts have mixed views on the stock, with 13 analysts rating it as a “buy,” 6 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for FLUT is 176.24M, and currently, short sellers hold a 2.80% ratio of that float. The average trading volume of FLUT on December 04, 2024 was 2.08M shares.
FLUT’s Market Performance
FLUT stock saw an increase of 1.17% in the past week, with a monthly gain of 22.83% and a quarterly increase of 29.87%. The volatility ratio for the week is 1.29%, and the volatility levels for the last 30 days are 2.17% for Flutter Entertainment Plc (FLUT). The simple moving average for the last 20 days is 5.26% for FLUT stock, with a simple moving average of 31.18% for the last 200 days.
Analysts’ Opinion of FLUT
Many brokerage firms have already submitted their reports for FLUT stocks, with Goldman repeating the rating for FLUT by listing it as a “Buy.” The predicted price for FLUT in the upcoming period, according to Goldman is $320 based on the research report published on November 22, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see FLUT reach a price target of $306. The rating they have provided for FLUT stocks is “Buy” according to the report published on November 08th, 2024.
Wells Fargo gave a rating of “Overweight” to FLUT, setting the target price at $295 in the report published on October 14th of the current year.
FLUT Trading at 13.64% 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 -1.32% of loss for the given period.
Volatility was left at 2.17%, however, over the last 30 days, the volatility rate increased by 1.29%, as shares surge +22.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.90% upper at present.
During the last 5 trading sessions, FLUT rose by +1.70%, which changed the moving average for the period of 200-days by +35.80% in comparison to the 20-day moving average, which settled at $265.10. In addition, Flutter Entertainment Plc saw 55.85% 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:
- 0.01 for the present operating margin
- 0.45 for the gross margin
The net margin for Flutter Entertainment Plc stands at -0.06. The total capital return value is set at 0.01.
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 0.2. The debt to equity ratio resting at 0.69. The interest coverage ratio of the stock is 0.55.
Currently, EBITDA for the company is 653.0 million with net debt to EBITDA at 2.71. When we switch over and look at the enterprise to sales, we see a ratio of 4.1. The receivables turnover for the company is 150.44for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.89.
Conclusion
To put it simply, Flutter Entertainment Plc (FLUT) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.