A share price of Flutter Entertainment Plc [FLUT] is currently trading at $271.99, up 1.25%. An important factor to consider is whether the stock is rising or falling in short-term value. The FLUT shares have gain 1.53% over the last week, with a monthly amount glided 3.89%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Flutter Entertainment Plc [NYSE: FLUT] stock has seen the most recent analyst activity on January 17, 2025, when Stifel initiated its Buy rating and assigned the stock a price target of $320. Previously, Macquarie started tracking the stock with Outperform rating on December 11, 2024, and set its price target to $340. On November 22, 2024, Goldman initiated with a Buy rating and assigned a price target of $320 on the stock. UBS started tracking the stock assigning a Buy rating and suggested a price target of $306 on November 08, 2024. Wells Fargo upgraded its rating to a Overweight and raised its price target to $295 on October 14, 2024. In a note dated September 26, 2024, Oppenheimer reiterated an Outperform rating on this stock and boosted its target price from $255 to $300.
Flutter Entertainment Plc experienced fluctuations in its stock price throughout the past year between $174.03 and $284.79. Currently, Wall Street analysts expect the stock to reach $290 within the next 12 months. Flutter Entertainment Plc [NYSE: FLUT] shares were valued at $271.99 at the most recent close of the market. An investor can expect a potential return of 6.62% based on the average FLUT price forecast.
Analyzing the FLUT fundamentals
Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.07 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.73.
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 270.02 points at the first support level, and at 268.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 274.12, and for the 2nd resistance point, it is at 276.25.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Flutter Entertainment Plc [NYSE:FLUT] is 0.89. On the other hand, the Quick Ratio is 0.88, and the Cash Ratio is 0.71. Considering the valuation of this stock, the price to sales ratio is 4.08, the price to book ratio is 4.72.
Transactions by insiders
Recent insider trading involved AMY H HOWE, Officer, that happened on Dec 04 ’24 when 6495.0 shares were purchased.
