Flutter Entertainment Plc (NYSE: FLUT) Forecast To Gain 1.6% And Reach Consensus Price Target

Flutter Entertainment Plc (NYSE:FLUT) has a beta value of 1.24 and has seen 1.56 million shares traded in the recent trading session. The company, currently valued at $44.08B, closed the recent trade at $247.97 per share which meant it gained $19.8 on the day or 8.68% during that session. The FLUT stock price is 5.42% off its 52-week high price of $234.54 and 40.32% above the 52-week low of $148.00. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.62 million shares traded. The 3-month trading volume is 1.93 million shares.

The consensus among analysts is that Flutter Entertainment Plc (FLUT) is Buy stock at the moment, with a recommendation rating of 1.44. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 10 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.23.

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Flutter Entertainment Plc (NYSE:FLUT) trade information

Sporting 8.68% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the FLUT stock price touched $247.97 or saw a rise of 1.93%. Year-to-date, Flutter Entertainment Plc shares have moved 38.53%, while the 5-day performance has seen it change 8.26%. Over the past 30 days, the shares of Flutter Entertainment Plc (NYSE:FLUT) have changed 18.84%. Short interest in the company has seen 2.11 million shares shorted with days to cover at 1.22.

Wall Street analysts have a consensus price target for the stock at $252, which means that the shares’ value could jump 1.6% from the levels at last check today. The projected low price target is $212.0 while the price target rests at a high of $270.0. In that case, then, we find that the latest price level in today’s session is -8.88% off the targeted high while a plunge would see the stock lose 14.51% from the levels at last check today.

Flutter Entertainment Plc (FLUT) estimates and forecasts

The company’s shares have gained 15.42% over the past 6 months, compared to 5.10% for the industry.

9 analysts offering their estimates for the company have set an average revenue estimate of 3.04B for the current quarter. 9 have an estimated revenue figure of 4.12B for the next ending quarter.

Earnings growth for 2024 is a modest 62.85% while over the next 5 years, the company’s earnings are expected to increase by 45.99%.

FLUT Dividends

Flutter Entertainment Plc is expected to release its next earnings report on 2024-Nov-13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.