(FLUT) Flutter Entertainment - Ratings and Ratios

Flutter Entertainment plc (NYSE:FLUT) is a global leader in sports betting and online gaming, operating across multiple jurisdictions including the United States, the United Kingdom, Ireland, Australia, Italy, and other international markets. The company provides a diverse range of products, including sportsbooks, iGaming offerings such as blackjack, roulette, slot machines, poker, and rummy, as well as lottery and horse racing wagering. Its portfolio of brands, such as FanDuel, PokerStars, Paddy Power, and Betfair, offers a comprehensive suite of betting and gaming experiences. In addition to its consumer-facing operations, Flutter Entertainment provides business-to-business pricing and risk management services, further diversifying its revenue streams.

The company was previously known as Paddy Power Betfair plc, changing its name to Flutter Entertainment plc in 2019 following strategic expansions and acquisitions. With a history dating back to its incorporation in 1958, Flutter Entertainment has established itself as a major player in the global gaming industry, with a strong market presence and a wide array of brands that cater to different regions and customer preferences. Its headquarters is located in New York, New York, and the company is listed on the New York Stock Exchange under the ticker symbol FLUT.

Based on the provided technical and fundamental data, the 3-month forecast for Flutter Entertainment plc (NYSE:FLUT) suggests a period of consolidation. The stock is currently trading below its 20-day and 50-day moving averages, with the SMA 20 at 236.38 and SMA 50 at 258.06, indicating short-term downward momentum. However, the SMA 200 at 236.43 suggests that the stock is near its long-term average, which could act as a support level. The ATR of 9.58 indicates moderate volatility, with potential price fluctuations within a range of 220 to 250 over the next three months. On the fundamental side, the high P/E ratio of 997.61 reflects elevated valuations, which may pressure the stock in the near term. However, the forward P/E of 24.63 suggests expectations of future earnings growth. The P/S ratio of 2.89 indicates a reasonable valuation relative to its revenue, while the RoE of 0.99 highlights modest profitability metrics. Overall, the stock is likely to remain range-bound in the near term, with potential upside driven by positive earnings surprises or improved market sentiment.