Flutter Entertainment (FLUT) Projected to Post Earnings on Tuesday

Flutter Entertainment (NYSE:FLUT) will likely be issuing 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 interested in listening to the company’s conference call can do so using this link.

Flutter Entertainment Stock Performance

NYSE:FLUT opened at $269.81 on Tuesday. The company’s 50 day moving average price is $266.77 and its 200-day moving average price is $246.99. Flutter Entertainment has a 52 week low of $174.03 and a 52 week high of $299.73. 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 Analyst Weigh In

FLUT has been the topic of a number of recent analyst reports. UBS Group increased their price target on shares of Flutter Entertainment from $320.00 to $335.00 and gave the company a “buy” rating in a report on Tuesday, January 28th. Barclays increased their price target on shares of Flutter Entertainment from $275.00 to $301.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Macquarie initiated coverage on shares of Flutter Entertainment in a report on Wednesday, December 11th. They set an “outperform” rating and a $340.00 price target on the stock. Craig Hallum increased their price target on shares of Flutter Entertainment from $275.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $300.00 price target on shares of Flutter Entertainment in a report on Wednesday, January 8th. Seventeen investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock 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.