Flutter Entertainment Plc [FLUT] stock prices are down -0.01% to $236.13 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FLUT shares have gain 1.49% over the last week, with a monthly amount glided 7.61%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Flutter Entertainment Plc [NYSE: FLUT] stock has seen the most recent analyst activity on September 26, 2024, when Oppenheimer reiterated its Outperform rating and also boosted its price target to $300 from $255. Previously, Needham started tracking the stock with Buy rating on September 23, 2024, and set its price target to $270. On September 12, 2024, Barclays initiated with a Overweight rating and assigned a price target of $263 on the stock. Morgan Stanley started tracking the stock assigning a Overweight rating and suggested a price target of $247 on August 22, 2024. Oppenheimer initiated its recommendation with a Outperform and recommended $240 as its price target on June 04, 2024. MoffettNathanson started tracking with a Buy rating for this stock on May 06, 2024, and assigned it a price target of $240. In a note dated April 04, 2024, Wells Fargo initiated an Equal Weight rating and provided a target price of $210 on this stock.
The stock price of Flutter Entertainment Plc [FLUT] has been fluctuating between $148.00 and $252.84 over the past year. Currently, Wall Street analysts expect the stock to reach $251.71 within the next 12 months. Flutter Entertainment Plc [NYSE: FLUT] shares were valued at $236.13 at the most recent close of the market. An investor can expect a potential return of 6.6% based on the average FLUT price forecast.
Analyzing the FLUT fundamentals
Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.14 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.7.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 233.72 points at the first support level, and at 231.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 237.71, and for the 2nd resistance point, it is at 239.30.
Ratios To Look Out For
It’s worth pointing out that Flutter Entertainment Plc [NYSE:FLUT]’s Current Ratio is 0.90. As well, the Quick Ratio is 0.89, while the Cash Ratio is 0.74. Considering the valuation of this stock, the price to sales ratio is 1.59, the price to book ratio is 4.25.
