Flutter Entertainment (FLUT) Projected to Post Quarterly Earnings on Wednesday

Flutter Entertainment (NYSE:FLUT - Get Free Report) is expected to be announcing its Q1 2025 TU quarterly earnings data after the market closes on Wednesday, May 7th. Analysts expect Flutter Entertainment to post earnings of $1.77 per share and revenue of $3.06 billion for the quarter.

Flutter Entertainment Stock Up 1.4 %

FLUT opened at $238.61 on Wednesday. The stock's fifty day simple moving average is $238.42 and its 200 day simple moving average is $252.84. Flutter Entertainment has a 1-year low of $174.03 and a 1-year high of $299.73. The stock has a market cap of $42.35 billion and a PE ratio of 1,084.59. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.66.

Insider Buying and Selling at Flutter Entertainment

In related news, Director Jeremy Peter Jackson sold 25,027 shares of the stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $261.96, for a total transaction of $6,556,072.92. Following the transaction, the director now directly owns 21,148 shares of the company's stock, valued at $5,539,930.08. This represents a 54.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Amy Howe sold 11,814 shares of Flutter Entertainment stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $260.50, for a total transaction of $3,077,547.00. Following the completion of the sale, the chief executive officer now directly owns 62,941 shares of the company's stock, valued at approximately $16,396,130.50. This trade represents a 15.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on FLUT. Benchmark reissued a "buy" rating and issued a $300.00 price objective on shares of Flutter Entertainment in a research report on Monday, April 21st. JMP Securities reduced their price objective on Flutter Entertainment from $328.00 to $317.00 and set a "market outperform" rating for the company in a report on Monday, April 14th. Citizens Jmp decreased their price objective on Flutter Entertainment from $328.00 to $317.00 and set an "outperform" rating on the stock in a report on Monday, April 14th. Macquarie reiterated an "outperform" rating and issued a $340.00 price target on shares of Flutter Entertainment in a research note on Wednesday, March 5th. Finally, BTIG Research cut their price objective on shares of Flutter Entertainment from $323.00 to $289.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Twenty research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Flutter Entertainment presently has an average rating of "Buy" and an average price target of $306.67.

About Flutter Entertainment

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.

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