Flutter Entertainment Plc (NYSE: FLUT) Now $174.03 Higher From Its Low (113.71), Does It Still Have A Growth Story?

Flutter Entertainment Plc (NYSE:FLUT) currently has a daily average trading volume of 1.34M but it saw 1207360 shares traded in last market. With a market cap of 51.07B USD, the company’s current market price of $287.74 came falling about -1.37 while comparing to the previous closing price of $291.75. In past 52 weeks, the stock remained buoying in the range of price level as high as $299.73 and as low as $174.03.

Taking a look at 20-day trading activity of Flutter Entertainment Plc (FLUT) gives us an average price of $273.63, while its current price level is -4.00% below from 52-week high level whereas it is 65.34% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $267.85 while that of 200 days or SMA-200 reads an average of $229.16. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.11% during that period while stretching the period over a month that decreases to 2.31%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 63.67 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Stifel which initiated the stock as “Buy” in its note to investors issued on January 17, 2025, recommending a price target of $320 for it. Goldman also issued its recommendations for the stock as it initiated the price target for the stock is $320.

Over the week, FLUT’s stock price is moving 3.35% up while it is 6.91% when we observe its performance for the past one month. Year-to-date it is 11.33% up and over the past year, the stock is showing an upside performance of 34.84%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 1.85 while estimate for next year EPS is 5.13. In next quarter, company is expected to be making quarterly sales of $3.21B as analysts are expecting the sales for current fiscal year at $11.26B and seeing the company making $13.1B in sales next year. Moreover, analysts are in estimates of $3.02B for current-quarter revenue.

Currently, Flutter Entertainment Plc’s total number of outstanding shares is 177.82M with 0.13% of that held by the insiders while 88.78% of its common stock has been owned by the institutions. It has a 31.76 of forward P/E ratio. Stock’s beta reads 1.29. Stock has a price to book (P/B) ratio of 4.99 while price to sale or P/S ratio amounts to 4.32.