Flutter Entertainment PLC (NYSE:FLUT – Get Free Report) Director Stefan Andreas Bomhard acquired 500 shares of Flutter Entertainment stock in a transaction that occurred on Friday, May 8th. The stock was acquired at an average cost of $102.00 per share, for a total transaction of $51,000.00. Following the purchase, the director owned 1,177 shares of the company’s stock, valued at $120,054. The trade was a 73.86% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Flutter Entertainment Stock Performance
NYSE FLUT opened at $96.13 on Wednesday. The company has a market capitalization of $16.72 billion, a price-to-earnings ratio of -44.92, a PEG ratio of 1.18 and a beta of 1.58. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.27. Flutter Entertainment PLC has a twelve month low of $93.56 and a twelve month high of $313.68. The stock has a fifty day simple moving average of $106.37 and a 200 day simple moving average of $162.74.
Flutter Entertainment (NYSE:FLUT – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.09 by $0.13. The firm had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.24 billion. Flutter Entertainment had a positive return on equity of 11.60% and a negative net margin of 2.20%.The business’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.59 EPS. Sell-side analysts expect that Flutter Entertainment PLC will post 5.14 EPS for the current year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Cibc World Markets Corp bought a new stake in shares of Flutter Entertainment during the 4th quarter valued at $1,678,841,000. Hsbc Holdings PLC grew its holdings in Flutter Entertainment by 33,988.7% during the 1st quarter. Hsbc Holdings PLC now owns 5,605,543 shares of the company’s stock valued at $575,185,000 after buying an additional 5,589,099 shares in the last quarter. Capital International Investors grew its holdings in Flutter Entertainment by 146.8% during the 4th quarter. Capital International Investors now owns 8,039,066 shares of the company’s stock valued at $1,728,772,000 after buying an additional 4,782,302 shares in the last quarter. Norges Bank bought a new stake in shares of Flutter Entertainment during the fourth quarter valued at about $694,009,000. Finally, Durable Capital Partners LP lifted its holdings in shares of Flutter Entertainment by 274.2% in the third quarter. Durable Capital Partners LP now owns 1,243,988 shares of the company’s stock worth $315,973,000 after buying an additional 911,507 shares in the last quarter.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on FLUT. Sanford C. Bernstein reduced their price objective on shares of Flutter Entertainment from $125.00 to $115.00 and set a “market perform” rating on the stock in a research note on Thursday, May 7th. Moffett Nathanson downgraded shares of Flutter Entertainment from a “buy” rating to a “neutral” rating and set a $127.00 target price for the company. in a research note on Friday, April 24th. Needham & Company LLC decreased their price target on Flutter Entertainment from $150.00 to $135.00 and set a “buy” rating for the company in a report on Thursday, May 7th. Citizens Jmp lowered their price objective on shares of Flutter Entertainment from $188.00 to $165.00 and set a “market outperform” rating for the company in a research note on Thursday, May 7th. Finally, Barclays dropped their price target on Flutter Entertainment from $175.00 to $150.00 and set an “overweight” rating on the stock in a research note on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $194.23.
Check Out Our Latest Stock Analysis on FLUT
Flutter Entertainment News Summary
Here are the key news stories impacting Flutter Entertainment this week:
- Positive Sentiment: Multiple insiders bought shares, including CEO Jeremy Peter Jackson, COO James Philip Bishop, and directors John A. Bryant, Stefan Andreas Bomhard, and Don H. Liu. Insider buying can signal confidence in Flutter’s long-term outlook, especially after the stock’s recent weakness. Article on CEO trade
- Positive Sentiment: Flutter also cancelled another tranche of shares under its $5 billion buyback program, which supports earnings per share and shows continued capital returns to shareholders. Article on share cancellation
- Neutral Sentiment: Citi warned that Flutter’s US profit targets may still be too optimistic, saying consensus expectations for the FanDuel-led US business could remain challenging in the second half of 2026. The note adds to concern that recent guidance may not fully reset expectations. Article on Citi warning
- Negative Sentiment: A separate report said Flutter shares fell sharply earlier in the week after investors reacted to FanDuel performance challenges and broader strategic changes, highlighting ongoing volatility around the company’s US growth story. Article on FanDuel challenges
About Flutter Entertainment
Flutter Entertainment plc is a global sports betting and gaming company that operates a portfolio of consumer-facing brands and digital platforms. The company’s primary activities include online sports betting, casino gaming, poker, and daily fantasy sports, delivered through web and mobile applications as well as retail betting locations in select markets. Flutter focuses on product development, customer acquisition and engagement, and compliance with local gambling regulations across the jurisdictions where it operates.
Flutter’s brand portfolio includes well-known names in different regional markets, such as FanDuel in the United States, PokerStars, Betfair, Paddy Power and Sky Betting & Gaming in Europe and elsewhere.
Read More
- Five stocks we like better than Flutter Entertainment
- Navy Catalyst Ignites Odysight’s Growth Engine
- AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
- Axon Surged After Earnings and Is Still Down Over 50% From Highs
- The Event That Could Redefine Apple’s Summer Rally
Receive News & Ratings for Flutter Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flutter Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.
