Flutter Entertainment Plc [NYSE: FLUT] price surged by 1.64 percent to reach at $3.09.
The one-year FLUT stock forecast points to a potential upside of 21.74. The average equity rating for FLUT stock is currently 1.38, trading closer to a bullish pattern in the stock market.
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Guru’s Opinion on Flutter Entertainment Plc [FLUT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FLUT shares is $244.55 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FLUT stock is a recommendation set at 1.38. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Oppenheimer have made an estimate for Flutter Entertainment Plc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 04, 2024. While these analysts kept the previous recommendation, MoffettNathanson raised their target price to Buy. The new note on the price target was released on May 06, 2024, representing the official price target for Flutter Entertainment Plc stock. Previously, the target price had yet another raise to $210, while Wells Fargo analysts kept a Equal Weight rating on FLUT stock.
The Average True Range (ATR) for Flutter Entertainment Plc is set at 6.11, with the Price to Sales ratio for FLUT stock in the period of the last 12 months amounting to 2.87. The Price to Book ratio for the last quarter was 3.57, with the Price to Cash per share for the same quarter was set at 18.74. Price to Free Cash Flow for FLUT in the course of the last twelve months was 32.90 with Quick ratio for the last quarter at 0.84.
FLUT Stock Performance Analysis:
Flutter Entertainment Plc [FLUT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.61. With this latest performance, FLUT shares dropped by -7.63% in over the last four-week period, additionally sinking by -10.33% over the last 6 months – not to mention a rise of 4.52% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FLUT stock in for the last two-week period is set at 48.97, with the RSI for the last a single of trading hit 50.32, and the three-weeks RSI is set at 48.79 for Flutter Entertainment Plc [FLUT]. The present Moving Average for the last 50 days of trading for this stock 191.75, while it was recorded at 188.79 for the last single week of trading, and 189.60 for the last 200 days.
Insight into Flutter Entertainment Plc Fundamentals:
Flutter Entertainment Plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.84 and a Current Ratio set at 0.84.
FLUT Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FLUT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Flutter Entertainment Plc go to 42.77%.
Flutter Entertainment Plc [FLUT] Institutonal Ownership Details
The top three institutional holders of FLUT stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in FLUT stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in FLUT stock with ownership which is approximately 5.1238%.
