Flutter Entertainment (NYSE:FLUT) Sets New 12-Month Low – Here’s Why

Shares of Flutter Entertainment PLC (NYSE:FLUT) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $98.88 and last traded at $99.7820, with a volume of 4062612 shares traded. The stock had previously closed at $103.33.

Flutter Entertainment News Roundup

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

• Positive Sentiment: Flutter continued its $5 billion share buyback program, including fresh U.S. share redemptions and the cancellation of 253,947 shares, which can support earnings per share and signal management confidence. Flutter Continues $5bn Buyback With Fresh US Share Redemption
• Positive Sentiment: The company reported Q1 revenue and EPS ahead of estimates, with revenue up 17.4% year over year and management signaling it is keeping 2026 targets intact for now. Flutter Entertainment Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: Analysts still broadly view the stock favorably despite trimming targets, with multiple firms maintaining buy or outperform ratings, implying meaningful upside from current levels. Analyst price target updates
• Neutral Sentiment: Flutter is reviewing its London listing and may delist from the LSE, a corporate-structure decision that could affect investor access and trading dynamics but does not change near-term operating performance. Flutter Entertainment reviewing its LSE listing following US-heavy Q1
• Neutral Sentiment: AWS’s outage hit some trading platforms including FanDuel-related services, but this appears to be an external infrastructure issue rather than a Flutter-specific fundamental problem. AWS data center outage hits trading on Fanduel, Coinbase
• Negative Sentiment: Flutter cut guidance after the quarter and investors are focusing on signs that U.S. growth may be slowing, which is weighing on the shares. Flutter shares slide 4% as profit drop and US struggles overshadow revenue beat
• Negative Sentiment: FanDuel CEO Amy Howe has departed, and Flutter is reshuffling leadership at its key U.S. unit, adding execution risk at a critical growth engine. FanDuel Chief Executive Amy Howe Departs Company
• Negative Sentiment: Several brokerages lowered price targets after Q1, reflecting concern that earnings strength may be offset by margin pressure, higher costs, and weaker U.S. expectations. Price target reductions by Wells Fargo, Citizens JMP, Benchmark, BTIG, and Needham

Wall Street Analysts Forecast Growth

FLUT has been the subject of a number of research reports. Kepler Capital Markets lowered Flutter Entertainment from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Barclays reduced their price objective on Flutter Entertainment from $175.00 to $150.00 and set an “overweight” rating on the stock in a research note on Friday. Canaccord Genuity Group decreased their price objective on Flutter Entertainment from $270.00 to $220.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Truist Financial cut their target price on shares of Flutter Entertainment from $140.00 to $130.00 and set a “buy” rating for the company in a report on Thursday. Finally, Stifel Nicolaus reduced their price target on shares of Flutter Entertainment from $216.00 to $189.00 and set a “buy” rating on the stock in a research report on Thursday, April 9th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Flutter Entertainment has a consensus rating of “Moderate Buy” and a consensus price target of $194.23.

Flutter Entertainment Trading Down 0.0%

The stock has a market cap of $17.60 billion, a PE ratio of -47.27, a PEG ratio of 1.55 and a beta of 1.58. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.95 and a current ratio of 0.90. The stock has a fifty day moving average price of $107.52 and a 200 day moving average price of $166.00.

Flutter Entertainment (NYSE:FLUT) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.13. The company had revenue of $4.30 billion during 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%.Flutter Entertainment’s revenue was up 17.4% on a year-over-year basis. During the same period last year, the company earned $1.59 earnings per share. Equities analysts expect that Flutter Entertainment PLC will post 5.14 EPS for the current year.

Flutter Entertainment declared that its Board of Directors has approved a stock repurchase plan on Wednesday, March 11th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 1.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In other Flutter Entertainment news, CFO Robert Coldrake sold 4,613 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $106.45, for a total value of $491,053.85. Following the completion of the sale, the chief financial officer owned 10,006 shares of the company’s stock, valued at $1,065,138.70. This trade represents a 31.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Amy Howe sold 8,895 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $105.91, for a total value of $942,069.45. Following the transaction, the chief executive officer directly owned 78,889 shares in the company, valued at approximately $8,355,133.99. This represents a 10.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 17,834 shares of company stock valued at $1,900,331 over the last 90 days. Insiders own 0.09% of the company’s stock.

Institutional Trading of Flutter Entertainment

Hedge funds and other institutional investors have recently bought and sold shares of the business. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Flutter Entertainment by 219.4% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 115 shares of the company’s stock valued at $25,000 after purchasing an additional 79 shares during the period. JFS Wealth Advisors LLC purchased a new position in Flutter Entertainment in the 3rd quarter worth about $27,000. Zions Bancorporation National Association UT lifted its holdings in Flutter Entertainment by 1,685.7% during the 4th quarter. Zions Bancorporation National Association UT now owns 125 shares of the company’s stock valued at $27,000 after buying an additional 118 shares in the last quarter. JCIC Asset Management Inc. bought a new stake in Flutter Entertainment during the 3rd quarter valued at about $32,000. Finally, Atlantic Union Bankshares Corp purchased a new stake in Flutter Entertainment in the 3rd quarter valued at about $34,000.

Flutter Entertainment Company Profile

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.