(FLUT) Flutter Entertainment - Ratings and Ratios

Flutter Entertainment plc is a global sports betting and gaming conglomerate with a presence in multiple countries, including the US, UK, Ireland, Australia, and Italy. The company operates a diverse portfolio of brands, including FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, and Paddy Power, among others, offering a range of products such as sportsbooks, iGaming, lottery, and daily fantasy sports.

The companys extensive brand portfolio and geographic reach enable it to cater to a broad customer base, providing a comprehensive suite of betting and gaming services through various online platforms, including fanduel.com, tvg.com, and paddypower.com. Additionally, Flutter Entertainment plc offers business-to-business services, including pricing and risk management, to support its clients.

With a history dating back to 1958, the company has evolved significantly over the years, including a rebranding from Paddy Power Betfair plc to Flutter Entertainment plc in 2019. Headquartered in New York, Flutter Entertainment plc is well-positioned to capitalize on the growing global demand for online sports betting and gaming.

Analyzing the , we can observe that the stock has been trending upwards, with the short-term SMA20 (238.58) and medium-term SMA50 (234.73) indicating a positive momentum. However, the stock is currently trading below its 52-week high (298.81), suggesting potential for growth if it can regain its upward trajectory. The ATR (9.50) indicates a moderate level of volatility.

From a fundamental perspective, the companys reveals a market capitalization of $42.7 billion, with a P/E ratio of 83.39, indicating a relatively high valuation. However, the forward P/E ratio of 25.97 suggests potential for earnings growth. The RoE of 6.31% is relatively modest, but the companys diversified brand portfolio and global presence provide a solid foundation for future growth.

Based on the analysis of both and , our forecast suggests that Flutter Entertainment plc is poised for potential growth, driven by its diversified brand portfolio, global presence, and increasing demand for online sports betting and gaming. If the stock can regain its upward momentum and surpass its 52-week high, it may reach $280-$300 in the short to medium term, representing a potential upside of 15%-20% from current levels.