Entain Plc (LON:ENT) Insider Ricky Sandler Sells 924,505 Shares

Entain Plc (LON:ENT) insider Ricky Sandler sold 924,505 shares of the company’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of GBX 784 ($9.85), for a total value of £7,248,119.20 ($9,104,533.60).

Entain Trading Down 0.2 %

ENT opened at GBX 785 ($9.86) on Thursday. The stock has a 50-day moving average of GBX 816.50 and a 200 day moving average of GBX 888.31. The company has a current ratio of 0.56, a quick ratio of 0.74 and a debt-to-equity ratio of 134.33. Entain Plc has a 12 month low of GBX 718.20 ($9.02) and a 12 month high of GBX 1,516.50 ($19.05). The firm has a market cap of £5.01 billion, a P/E ratio of -556.74, a P/E/G ratio of 0.92 and a beta of 1.29.

Entain Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 26th. Shareholders of record on Thursday, March 14th were given a dividend of GBX 8.90 ($0.11) per share. This represents a yield of 1.07%. The ex-dividend date was Thursday, March 14th. Entain’s dividend payout ratio (DPR) is -1,276.60%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on ENT shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 1,089 ($13.68) target price on shares of Entain in a research note on Thursday, April 18th. Jefferies Financial Group restated a “buy” rating and set a GBX 1,140 ($14.32) price objective on shares of Entain in a research report on Friday, April 12th. Barclays downgraded Entain to an “equal weight” rating and decreased their target price for the stock from GBX 1,120 ($14.07) to GBX 1,070 ($13.44) in a research report on Tuesday, February 6th. Berenberg Bank reissued a “buy” rating and set a GBX 1,140 ($14.32) price target on shares of Entain in a research note on Wednesday, April 17th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Entain in a research note on Wednesday, April 17th. One analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Entain presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,143.17 ($14.36).

About Entain

Entain Plc operates as a sports-betting and gaming company. The company provides online and multi-channel betting under the Ladbrokes name; street and online betting under the Coral name; online sports betting, casino, and gaming under the Eurobet name; scores, sports information, editorial and social content, and sports focused free-to play games under the 365Scores name; sports betting and games under the SuperSport and BetCity names; online betting under the bwin name; and sports betting, poker, and casino games under the Crystalbet name.