Casino Stocks To Keep An Eye On – March 12th

Flutter Entertainment, DraftKings, Wynn Resorts, MGM Resorts International, and Everi are the five Casino stocks to watch today, according to MarketBeat’s stock screener tool. Casino stocks are shares issued by companies operating casinos and related gaming businesses, such as resorts and entertainment complexes. These stocks are influenced by factors like regulatory changes, economic cycles, and tourism trends, making them a unique segment within the broader casino and leisure industry. These companies had the highest dollar trading volume of any Casino stocks within the last several days.

Flutter Entertainment (FLUT)

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.

FLUT stock traded up $2.71 during midday trading on Wednesday, reaching $233.83. The company’s stock had a trading volume of 1,082,004 shares, compared to its average volume of 1,715,338. The business’s 50-day simple moving average is $266.07 and its 200-day simple moving average is $251.91. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.66. Flutter Entertainment has a 52 week low of $174.03 and a 52 week high of $299.73. The stock has a market cap of $41.50 billion and a PE ratio of 1,061.36.

DraftKings (DKNG)

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators.

Shares of DKNG stock traded up $0.07 during trading hours on Wednesday, reaching $38.73. The company had a trading volume of 4,500,242 shares, compared to its average volume of 9,612,791. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.93 and a quick ratio of 1.00. DraftKings has a 1-year low of $28.69 and a 1-year high of $53.61. The company has a 50 day moving average of $42.09 and a 200 day moving average of $40.10. The firm has a market cap of $18.98 billion, a price-to-earnings ratio of -36.59, a P/E/G ratio of 1.43 and a beta of 2.07.

Wynn Resorts (WYNN)

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.

NASDAQ WYNN traded down $2.70 on Wednesday, reaching $84.69. The company had a trading volume of 812,247 shares, compared to its average volume of 2,660,560. Wynn Resorts has a 52 week low of $71.63 and a 52 week high of $110.38. The stock has a market cap of $9.01 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 2.35 and a beta of 1.77. The stock’s 50 day moving average is $85.43 and its 200-day moving average is $88.54.

MGM Resorts International (MGM)

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and internationally. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities.

Shares of MGM stock traded down $0.53 on Wednesday, reaching $30.76. The company had a trading volume of 1,527,549 shares, compared to its average volume of 5,197,449. The stock has a market cap of $8.78 billion, a PE ratio of 12.82, a PEG ratio of 0.98 and a beta of 2.18. The company has a 50-day moving average of $34.28 and a 200-day moving average of $36.38. The company has a current ratio of 1.30, a quick ratio of 1.26 and a debt-to-equity ratio of 1.73. MGM Resorts International has a 12 month low of $30.69 and a 12 month high of $48.24.

Everi (EVRI)

Everi Holdings Inc. develops and supplies entertaining game content, gaming machines, and gaming systems and services for land-based and iGaming operators in the United States, Canada, and internationally. It operates in Games and Financial Technology Solutions segments. The company offers classic mechanical reel games and video reel games, as well as TournEvent of Champions, a national slot tournament; and sells gaming equipment and player terminals, licenses, game content, and ancillary equipment, such as signage and lighting packages.

NYSE EVRI traded down $0.08 during trading on Wednesday, reaching $13.61. 1,954,479 shares of the stock traded hands, compared to its average volume of 606,686. The stock’s 50-day moving average price is $13.66 and its 200 day moving average price is $13.42. The company has a quick ratio of 0.97, a current ratio of 1.06 and a debt-to-equity ratio of 3.84. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of 90.71 and a beta of 2.05. Everi has a fifty-two week low of $6.37 and a fifty-two week high of $13.83.