The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFlutter Entertainment Share News (FLTR)

Share Price Information for Flutter Entertainment (FLTR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 16,150.00
Bid: 16,150.00
Ask: 16,160.00
Change: 275.00 (1.73%)
Spread: 10.00 (0.062%)
Open: 16,075.00
High: 16,220.00
Low: 16,015.00
Prev. Close: 15,875.00
FLTR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Peel Hunt downgrades Flutter Entertainment due to expected Covid-19 impact

Tue, 10th Nov 2020 12:10

(Sharecast News) - Analysts at Peel Hunt downgraded their recommendation for shares of Flutter Entertainment following the shares' recent strong performance and after marking down its estimates for the sports betting gambling firm's earnings in 2021.
After revisiting its own forecasts for the US sports betting and online gambling space, the broker estimated that Flutter's 58%-owned US unit would generate $664m of earnings before interest, taxes, depreciation and amortisation.

That would generate a stream of earnings with a present value of £7.6bn, as reflected in their 12,600p target price.

They also updated their forecasts for the first time since the summer, raising their estimate for the company's 2020 earnings per share by 9.4% thanks to the strong trading seen over the summer.

However, they were now more cautious on the outlook for acquired PokerStars business post-Covid-19.

Hence, they lowered their 2021 EPS forecast by 7.5%.



More News
9 Nov 2022 17:05

LONDON MARKET CLOSE: European stocks tread water amid US midterms

(Alliance News) - Caution prevailed in European equities on Wednesday, as investors looked past the midterm elections in the US to Thursday's US inflation reading.

Read more
9 Nov 2022 09:26

TOP NEWS: Flutter Entertainment raises annual US revenue guidance

(Alliance News) - Flutter Entertainment PLC on Wednesday lifted its US guidance and said it has seen little sign of a slowdown so far this year, despite punters grappling with a cost of living crisis.

Read more
9 Nov 2022 08:57

LONDON MARKET OPEN: Stocks falter on China Covid fears; US vote eyed

(Alliance News) - Stock prices in London opened on the back foot on Wednesday, amid declines in Asia and elsewhere in Europe as well, continuing what has been a negative week so far for the FTSE 100 index.

Read more
9 Nov 2022 08:26

Flutter ups guidance for US revenues

(Sharecast News) - Flutter Entertainment boosted its forecasts for annual US revenues on Wednesday after a strong third quarter.

Read more
9 Nov 2022 07:53

LONDON BRIEFING: Flutter ups US outlook; Aviva backs payout guidance

(Alliance News) - Shares in London are set to open lower on Wednesday, with virus worries in China harming sentiment once again, while attention also is on US politics.

Read more
7 Nov 2022 12:18

LONDON MARKET MIDDAY: FTSE 100 treads water but European shares rise

(Alliance News) - The FTSE 100 stood out on Monday, but for the wrong reason, as share price falls for some of its largest constituents meant the index London large-caps underperformed versus the mid-cap FTSE 250 and European indices.

Read more
7 Nov 2022 08:55

LONDON MARKET OPEN: Flat on poor China data and stubborn Covid policy

(Alliance News) - European stocks were treading water early on Monday, with caution abounding after China doused hopes of a near-term end to its punishing zero-Covid strategy.

Read more
7 Nov 2022 08:50

TOP NEWS: Flutter and Fox both claim win in FanDuel arbitration

(Alliance News) - Flutter Entertainment PLC on Monday said it has won an arbitration ruling related to media company Fox Corp's option to acquire just shy of a 19% stake in US arm FanDuel Group.

Read more
7 Nov 2022 07:54

LONDON BRIEFING: Flutter gets FanDuel win; PayPoint buys Appreciate

(Alliance News) - Stocks in London are called lower on Monday, with investor focus on UK government finances, US mid-term elections, and Covid-19 measures in China.

Read more
7 Nov 2022 07:40

New York arbitrator sides with Flutter in legal battle with Fox

(Sharecast News) - Sports betting giant Flutter revealed on Monday that a New York arbitrator had sided with it in its FanDuel spat with Fox.

Read more
4 Nov 2022 16:18

Flutter investors brace for judge's verdict on FanDuel stake sale - report

(Sharecast News) - Investors in gambling group Flutter Entertainment are reportedly set to discover the outcome of a year-long legal dispute with Rupert Murdoch's Fox Corporation over the value of US sports betting platform FanDuel.

Read more
2 Nov 2022 15:43

UK earnings, trading statements calendar - next 7 days

Thursday 3 November 
BT Group PLCHalf Year Results
Gattaca PLCFull Year Results
Glanbia PLCQ3 Results
Helios Towers PLCQ3 Results
Hikma Pharmaceuticals PLCTrading Statement
Howden Joinery Group PLCTrading Statement
J Sainsbury PLCHalf Year Results
Lancashire Holdings LtdTrading Statement
OSB Group PLCTrading Statement
Polymetal International PLCQ3 Results
RS Group PLCHalf Year Results
Rolls-Royce Holdings PLCTrading Statement
Smith & Nephew PLCTrading Statement
TI Fluid Systems PLCTrading Statement
Trainline PLCHalf Year Results
UP Global Sourcing Holdings PLCFull Year Results
WAG Payment Solutions PLCTrading Statement
Wheaton Precious Metals CorpQ3 Results
Woolworths Group LtdQ1 Results
Friday 4 November 
Apax Global Alpha LtdFull Year Results
Monday 7 November 
Great Eastern Energy Corp LtdHalf Year Results
Kingspan Group PLCTrading Statement
Ryanair Holdings PLCHalf Year Results
Tuesday 8 November 
Argentex Group PLCHalf Year Results
Associated British Foods PLCFull Year Results
Aveva Group PLCHalf Year Results
Beximco Pharmaceuticals LtdFull Year Results
Coca-Cola HBC AGTrading Statement
DCC PLCHalf Year Results
Direct Line Insurance Group PLCTrading Statement
Egdon Resources PLCFull Year Results
Hilton Food Group PLCTrading Statement
Marks Electrical Group PLCHalf Year Results
Oxford Instruments PLCHalf Year Results
Persimmon PLCTrading Statement
Warehouse REIT PLCHalf Year Results
YouGov PLCFull Year Results
Zoo Digital Group PLCHalf Year Results
Wednesday 9 November 
Aviva PLCTrading Statement
Biffa PLCHalf Year Results
Conduit Holdings LtdTrading Statement
Dignity PLCTrading Statement
Flutter Entertainment PLCTrading Statement
Gelion PLCFull Year Results
Georgia Capital PLCQ3 Results
Gym Group PLCTrading Statement
JD Wetherspoon PLCTrading Statement
ITV PLCTrading Statement
Marks & Spencer Group PLCHalf Year Results
MaxCyte IncQ3 Results
Norcros PLCHalf Year Results
Picton Property Income LtdHalf Year Results
Smiths News PLCFull Year Results
Taylor Wimpey PLCTrading Statement
Tracsis PLCFull Year Results
Volex PLCHalf Year Results
Watches of Switzerland Group PLCHalf Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
21 Oct 2022 12:11

LONDON MARKET MIDDAY: Retailers lead decline; pound slides to USD1.11

(Alliance News) - Stock prices in London sank deeper into the red by midday on Friday, with clothing retailers particularly struggling after gloomy consumer confidence and retail sales data for the UK.

Read more
21 Oct 2022 09:31

IN BRIEF: Flutter appoints Paul Edgecliffe-Johnson as new CFO

Flutter Entertainment PLC - Global sports betting and gaming operator - Announces that Chief Executive Officer Jonathan Hill will establish a new group chief operating officer function next year to support the strategic direction of the business. Paul Edgecliffe-Johnson, currently Chief Financial Officer & Head of Strategy at InterContinental Hotels Group PLC, will join as CFO & executive director in the first half of 2023. Hill will continue until Edgecliffe-Johnson starts, and then leave the board and take up the COO role.

Read more
21 Oct 2022 08:48

LONDON MARKET OPEN: Stocks open lower as retail sales disappoint

(Alliance News) - Stock prices in London opened in the red on Friday, as disappointing UK retail sales added to the general sense of investor unease stemming from recent political instability.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.