Flutter Entertainment (FLUT) Projected to Post Earnings on Tuesday

Flutter Entertainment (NYSE:FLUT) is projected to issue its quarterly earnings data after the market closes on Tuesday, March 4th. Analysts expect the company to announce earnings of $1.74 per share and revenue of $3.02 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Flutter Entertainment Stock Down 1.0 %

FLUT opened at $269.81 on Tuesday. Flutter Entertainment has a 1-year low of $174.03 and a 1-year high of $299.73. The firm’s 50 day simple moving average is $266.77 and its two-hundred day simple moving average is $246.99. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.66.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on FLUT shares. Needham & Company LLC restated a “buy” rating and set a $300.00 price objective on shares of Flutter Entertainment in a research report on Wednesday, January 8th. Macquarie started coverage on shares of Flutter Entertainment in a research report on Wednesday, December 11th. They set an “outperform” rating and a $340.00 price objective on the stock. The Goldman Sachs Group started coverage on shares of Flutter Entertainment in a research report on Friday, November 22nd. They set a “buy” rating and a $320.00 price objective on the stock. Oppenheimer raised their price objective on shares of Flutter Entertainment from $300.00 to $305.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. Finally, UBS Group raised their price objective on shares of Flutter Entertainment from $320.00 to $335.00 and gave the company a “buy” rating in a research report on Tuesday, January 28th. Seventeen equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $306.50.

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.