Key Points
- Insider sale: Flutter Entertainment insider Peter Jackson sold 3,084 shares on May 11 at an average price of GBX 7,210, totaling about £222,356.40.
- Stock and financial snapshot: The shares opened at GBX 6,908.05, near the 1-year low of GBX 6,722, while the company carries a market cap of £12.02 billion and a high debt-to-equity ratio of 142.42.
- Analyst sentiment: Analysts remain mixed but mostly positive, with a consensus rating of Moderate Buy and an average price target of £184.50; recent updates included both raised and lowered targets, plus one downgrade to sell.
Flutter Entertainment plc (LON:FLTR - Get Free Report) insider Peter Jackson sold 3,084 shares of the firm's stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of GBX 7,210, for a total transaction of £222,356.40.
Flutter Entertainment Stock Performance
Flutter Entertainment stock opened at GBX 6,908.05 on Wednesday. Flutter Entertainment plc has a 1-year low of GBX 6,722 and a 1-year high of £236.10. The company has a current ratio of 0.95, a quick ratio of 0.70 and a debt-to-equity ratio of 142.42. The firm has a market capitalization of £12.02 billion, a PE ratio of -39.47, a price-to-earnings-growth ratio of 1.76 and a beta of 1.15. The firm's 50 day simple moving average is GBX 7,915.77 and its 200 day simple moving average is £121.83.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on the company. Jefferies Financial Group reiterated a "buy" rating and issued a £160 price objective on shares of Flutter Entertainment in a research report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft decreased their target price on Flutter Entertainment from £202 to £190 and set a "buy" rating on the stock in a research note on Friday, January 23rd. Citigroup cut Flutter Entertainment to a "sell" rating and lowered their price target for the company from £158 to GBX 6,800 in a report on Thursday, April 16th. Finally, Berenberg Bank lifted their price target on Flutter Entertainment from £181 to £213 and gave the company a "buy" rating in a research report on Monday, January 19th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of £184.50.
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Flutter Entertainment is the world's largest online sports betting and gaming operator with a portfolio of globally recognised brands.
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