Flutter Entertainment plc Forecasted to Earn FY2023 Earnings of $2.60 Per Share (OTCMKTS:PDYPY)

Flutter Entertainment plc (OTCMKTS:PDYPYGet Rating) – Stock analysts at Jefferies Financial Group dropped their FY2023 earnings per share (EPS) estimates for Flutter Entertainment in a research report issued on Tuesday, September 13th. Jefferies Financial Group analyst J. Wheatcroft now expects that the company will post earnings of $2.60 per share for the year, down from their previous estimate of $3.02. The consensus estimate for Flutter Entertainment’s current full-year earnings is $1.43 per share.

Several other research firms have also recently weighed in on PDYPY. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Flutter Entertainment from £134.50 ($162.52) to £138.20 ($166.99) in a research report on Tuesday, June 21st. Morgan Stanley lifted their price target on Flutter Entertainment from £156 ($188.50) to £158 ($190.91) in a research note on Monday, August 15th. JPMorgan Chase & Co. increased their price objective on Flutter Entertainment from £126 ($152.25) to £128 ($154.66) in a research report on Monday, August 15th. Finally, JMP Securities began coverage on Flutter Entertainment in a report on Tuesday, June 28th. They set an “outperform” rating on the stock. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $14,055.00.

Flutter Entertainment Price Performance

Shares of Flutter Entertainment stock opened at $59.81 on Thursday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.35. Flutter Entertainment has a 1 year low of $43.71 and a 1 year high of $108.90. The company has a 50 day simple moving average of $55.69 and a two-hundred day simple moving average of $55.47.

About Flutter Entertainment

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Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sportsbooks and exchange sports betting products, daily fantasy sports products, and pari-mutuel betting products; fixed odds games betting products; online games and casinos; peer-to-peer games, including online bingo, rummy, and poker; and business-to-business services.

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Earnings History and Estimates for Flutter Entertainment (OTCMKTS:PDYPY)

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