Flutter Entertainment (LON:FLTR) Trading Down 7.9% – Here’s Why

Flutter Entertainment plc (LON:FLTR)’s stock price dropped 7.9% on Saturday . The stock traded as low as GBX 9,050 and last traded at GBX 9,665.40. Approximately 219,305 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 430,762 shares. The stock had previously closed at £104.95.

Key Headlines Impacting Flutter Entertainment

Here are the key news stories impacting Flutter Entertainment this week:

• Positive Sentiment: Key takeaway — one-sentence reason why the stock moved.
• Neutral Sentiment: Details — 2–3 bullets on facts from the articles (earnings, guidance, regulatory actions, M&A, analyst moves, macro impacts).
• Negative Sentiment: Implications for investors — expected near-term catalysts, risks, and what to watch next (dates, metrics, guidance revisions).
• Neutral Sentiment: Source links — each bullet will include the article link for reference.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Citigroup decreased their target price on Flutter Entertainment from £254 to £244 and set a “buy” rating for the company in a research report on Friday, November 28th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Flutter Entertainment from £202 to £190 and set a “buy” rating for the company in a report on Friday, January 23rd. JPMorgan Chase & Co. cut their target price on shares of Flutter Entertainment from £271 to £253 and set an “overweight” rating on the stock in a report on Tuesday, December 2nd. Berenberg Bank lifted their price target on shares of Flutter Entertainment from £181 to £213 and gave the stock a “buy” rating in a research report on Monday, January 19th. Finally, Peel Hunt restated a “hold” rating and issued a £223 price objective on shares of Flutter Entertainment in a research report on Thursday, November 13th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of £224.60.

Flutter Entertainment Trading Down 7.9%

The company has a current ratio of 0.90, a quick ratio of 0.70 and a debt-to-equity ratio of 73.74. The firm has a market capitalization of £16.94 billion, a P/E ratio of -76.11, a PEG ratio of 1.76 and a beta of 1.24. The business has a 50 day moving average of £144.31 and a 200-day moving average of £175.50.

About Flutter Entertainment

Flutter Entertainment is the world’s largest online sports betting and gaming operator with a portfolio of globally recognised brands.