Best Casino Stocks To Consider – April 17th

Flutter Entertainment, DraftKings, MGM Resorts International, Wynn Resorts, and Churchill Downs are the five Casino stocks to watch today, according to MarketBeat’s stock screener tool. Casino stocks are shares of companies that operate casinos and engage in various forms of gaming and entertainment, including betting, slot machines, and table games. These stocks are influenced by consumer spending patterns, regulatory changes, and overall economic conditions, as the success of these companies is tied to discretionary spending and tourism trends. 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.

Shares of FLUT stock traded up $2.23 on Thursday, reaching $229.41. 722,637 shares of the company were exchanged, compared to its average volume of 2,152,773. The company has a market cap of $40.71 billion and a price-to-earnings ratio of 1,042.41. Flutter Entertainment has a one year low of $174.03 and a one year high of $299.73. The company has a 50-day moving average of $248.38 and a 200-day moving average of $252.98. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.89 and a quick ratio of 0.89.

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 NASDAQ DKNG traded up $0.34 during mid-day trading on Thursday, reaching $33.96. 2,854,984 shares of the company’s stock were exchanged, compared to its average volume of 9,780,199. The firm has a 50-day moving average price of $39.59 and a two-hundred day moving average price of $39.75. DraftKings has a 52 week low of $28.69 and a 52 week high of $53.61. The firm has a market capitalization of $16.98 billion, a price-to-earnings ratio of -31.95, a price-to-earnings-growth ratio of 1.43 and a beta of 2.16. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.93 and a quick ratio of 1.00.

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.

NYSE MGM traded up $0.61 during trading on Thursday, hitting $29.07. 1,238,805 shares of the company’s stock traded hands, compared to its average volume of 5,726,453. MGM Resorts International has a 12-month low of $25.30 and a 12-month high of $47.26. The business has a 50 day moving average of $32.34 and a 200-day moving average of $35.07. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.26 and a current ratio of 1.30. The stock has a market capitalization of $8.22 billion, a price-to-earnings ratio of 12.09, a PEG ratio of 0.98 and a beta of 1.96.

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.

Shares of WYNN traded up $1.01 during mid-day trading on Thursday, reaching $74.74. 460,892 shares of the stock traded hands, compared to its average volume of 2,455,712. The company has a market cap of $7.93 billion, a price-to-earnings ratio of 17.73, a price-to-earnings-growth ratio of 2.35 and a beta of 1.53. The firm has a fifty day moving average price of $82.85 and a 200 day moving average price of $88.30. Wynn Resorts has a 1 year low of $65.25 and a 1 year high of $107.81.

Churchill Downs (CHDN)

Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. The company operates pari-mutuel gaming entertainment venues; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; retail sports books; casino gaming; and Terre Haute Casino Resort.

Shares of NASDAQ CHDN traded up $1.27 during trading hours on Thursday, reaching $102.26. 147,151 shares of the stock traded hands, compared to its average volume of 504,270. The company’s 50-day simple moving average is $111.70 and its two-hundred day simple moving average is $126.93. Churchill Downs has a 52-week low of $96.67 and a 52-week high of $150.21. The company has a market capitalization of $7.52 billion, a P/E ratio of 17.98, a price-to-earnings-growth ratio of 2.95 and a beta of 0.86. The company has a quick ratio of 0.55, a current ratio of 0.57 and a debt-to-equity ratio of 4.47.