Promising Casino Stocks To Research – April 22nd

Flutter Entertainment, DraftKings, Wynn Resorts, MGM Resorts International, Churchill Downs, PENN Entertainment, and Melco Resorts & Entertainment are the seven Casino stocks to watch today, according to MarketBeat’s stock screener tool. Casino stocks are shares issued by companies involved in the development, operation, or management of casinos and gambling facilities. Investors in these stocks are exposed to the dynamic and often volatile nature of the gaming industry, which is influenced by factors such as economic trends, regulatory changes, and shifts in consumer spending. 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 NYSE:FLUT traded up $6.55 during trading on Tuesday, hitting $228.05. 1,013,424 shares of the company were exchanged, compared to its average volume of 1,763,313. The firm has a fifty day moving average price of $245.59 and a two-hundred day moving average price of $253.01. The stock has a market cap of $40.47 billion and a price-to-earnings ratio of 1,034.77. Flutter Entertainment has a fifty-two week low of $174.03 and a fifty-two week high of $299.73. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.66.

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.

DKNG traded up $1.24 during mid-day trading on Tuesday, reaching $33.68. 3,209,091 shares of the stock were exchanged, compared to its average volume of 9,745,292. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.00 and a current ratio of 0.93. The company has a 50 day moving average price of $38.95 and a two-hundred day moving average price of $39.66. DraftKings has a 1 year low of $28.69 and a 1 year high of $53.61. The stock has a market capitalization of $29.73 billion, a PE ratio of -31.78, a price-to-earnings-growth ratio of 1.43 and a beta of 2.16.

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 NASDAQ WYNN traded up $2.08 during midday trading on Tuesday, reaching $77.04. The company’s stock had a trading volume of 536,652 shares, compared to its average volume of 2,463,265. The stock has a market capitalization of $8.18 billion, a P/E ratio of 18.31, a PEG ratio of 2.35 and a beta of 1.53. Wynn Resorts has a 12-month low of $65.25 and a 12-month high of $107.81. The firm has a 50 day moving average price of $82.65 and a 200-day moving average price of $87.56.

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.

MGM traded up $1.12 during midday trading on Tuesday, reaching $30.04. The company had a trading volume of 1,209,600 shares, compared to its average volume of 4,612,019. 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 cap of $8.50 billion, a PE ratio of 12.52, a P/E/G ratio of 0.98 and a beta of 1.96. The business has a 50-day moving average price of $32.01 and a two-hundred day moving average price of $34.79. MGM Resorts International has a 12-month low of $25.30 and a 12-month high of $47.26.

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 CHDN traded up $2.10 during mid-day trading on Tuesday, hitting $102.10. The stock had a trading volume of 175,234 shares, compared to its average volume of 506,221. The firm has a market cap of $7.50 billion, a P/E ratio of 17.97, a PEG ratio of 2.95 and a beta of 0.86. The company has a debt-to-equity ratio of 4.47, a current ratio of 0.57 and a quick ratio of 0.55. The business has a fifty day moving average price of $110.46 and a 200-day moving average price of $126.06. Churchill Downs has a 52 week low of $96.67 and a 52 week high of $150.21.

PENN Entertainment (PENN)

PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L'Auberge, ESPN BET, and theScore Bet Sportsbook and Casino brands.

Shares of NASDAQ:PENN traded up $1.12 during trading on Tuesday, reaching $14.95. The company had a trading volume of 1,093,446 shares, compared to its average volume of 4,480,962. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 2.34. The stock has a market capitalization of $2.29 billion, a P/E ratio of -4.21, a price-to-earnings-growth ratio of 1.55 and a beta of 1.96. The company has a fifty day moving average of $17.58 and a two-hundred day moving average of $19.08. PENN Entertainment has a 12 month low of $13.25 and a 12 month high of $23.08.

Melco Resorts & Entertainment (MLCO)

Melco Resorts & Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment casino resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has 500 gaming tables and 800 gaming machines; approximately 1,400 hotel rooms and suites; a wet stage performance theater with approximately 2,000 seats; approximately 30 restaurants and bars, and 150 retail outlets; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities.

Shares of Melco Resorts & Entertainment stock traded up $0.06 during trading on Tuesday, reaching $4.89. The company’s stock had a trading volume of 2,102,907 shares, compared to its average volume of 3,756,371. The firm’s 50-day moving average is $5.42 and its two-hundred day moving average is $5.98. Melco Resorts & Entertainment has a 52-week low of $4.55 and a 52-week high of $8.90. The company has a market cap of $2.08 billion, a price-to-earnings ratio of -22.20, a PEG ratio of 0.63 and a beta of 0.87.