Strong market share and growing opportunities in online sports betting could push Flutter Entertainment FLUT shares higher, according to Needham analyst Bernie McTernan, who initiated coverage with a Buy rating and a $270 price target The Analyst Takeaways: With Flutter's dominant global scale, McTernan said it's time for investors to "add it to the bet slip" with the initiation of coverage on the stock during the 2024 NFL season. "We see FLUT's leadership position in the US as an increasingly important ear ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, September 20th: Stock Yards Bancorp (SYBT) This bank holding company which provides banking, trust, investment management, private banking, and brokerage services, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.0% over the last 60 days. Stock Yards Bancorp's shares gained 36.7% over the last three month compared with the S&P 500's ga ...

People walk by a banner outside of the New York Stock Exchange for the initial public offering of Flutter Entertainment, the parent company of FanDuel, on Jan. 29, 2024. FanDuel parent Flutter Entertainment will spend $2.6 billion (2.3 billion euros) to acquire Italian gambling company Snaitech from Playtech, adding to a string of deals that aim to boost international growth. In an email to CNBC, a Flutter spokesperson said the company is "hugely excited" to add another leading brand to its portfolio "in wh ...

Key Takeaways Flutter Entertainment is expanding its international market with the acquisition of Snaitech, one of the largest online gambling companies in Italy. Flutter owns a number of gambling companies in a number of markets, including FanDuel in the U.S. The deal values Snaitech at 2.3 billion euros ($2.56 billion), and is expected to close in the second quarter of next year. FanDuel parent Flutter Entertainment (FLUT) said Tuesday that it has agreed to a deal to acquire Snaitech, one of Italy's large ...

NEW YORK, Sept. 16, 2024 /PRNewswire/ -- FanDuel, North America's premier online gaming company, announced it has appointed Caralyn Cooley as the company's new Chief People Officer (CPO). Cooley will join FanDuel's Executive Leadership Team (ELT) reporting to CEO Amy Howe. In her role as CPO, Cooley will be responsible for the continued acceleration of FanDuel's people strategy reflecting the company's extraordinary growth trajectory. Cooley joins FanDuel as a seasoned multi-time CPO, with deep experience s ...

2024 Kansas City Chiefs Parade & Victory Rally EPS=TTM earnings per share DonsESLAdventure/iStock Editorial via Getty Images Premise: We are grateful to SA contributor Chuck Carnevale, who on Sept. 20th, 2013 devoted a full article toward explaining the Ben Graham intrinsic value formula calculation. Since then, innumerable other approaches have surfaced. We like Graham's because we believe it lays out the simplest, most potentially accurate way to gauge intrinsic value. It's not perfect, but useful in putt ...

FanDuel Casino makes one lucky player a millionaire through FanDuel Casino's $1M Jackpot Summer Sweepstakes. NEW YORK, Sept. 9, 2024 /PRNewswire/ -- Today, FanDuel Casino, announced that it has officially made one lucky player a millionaire through FanDuel Casino's $1M Jackpot Summer Sweepstakes. Agostino Limongelli, 62 years old, is officially a millionaire, after winning FanDuel Casino's $1M Jackpot Summer Sweepstakes. Agostino will be awarded the $1,000,000 grand prize from FanDuel Casino. "With over 100 ...

Featuring former NBA Star Randy Livingston – who experienced problem gambling - and his wife Anita Smith, the newest members of FanDuel's RG Ambassador Program Program provides educational resources, including a video series on the risks of underage gambling, the importance of proactive, informed conversations and where to seek help or learn more NEW YORK, Sept. 4, 2024 /PRNewswire/ -- September marks Responsible Gaming Education Month, and today FanDuel, the premier online gaming company in North America, ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Flutter Entertainment PLC (FLUT) : This company which is an online sports betting and iGaming operator, has seen the Zacks Consensus Estimate for its current year earnings increasing 41% over the last 60 days. Genesco (GCO) : This specialty retail and branded company which sells footwear and accessories in retail stores throughout the U.S., Canada, the United Kingdom and the Republic of Ireland, has seen the Zacks Consensus Estimate fo ...

Flutter Entertainment (NYSE:FLUT) stock is on the rise Wednesday after the sports betting and gaming company announced its latest earnings results. The good news for FLUT stock starts with its adjusted earnings per share of $2.61. This is well above the $1.42 per share Wall Street was expecting. It's also a 56% increase year-over-year from $1.67 per share. Revenue was also strong at $3.61 billion. That's another beat compared to analysts' estimate of $2.65 billion for the quarter. It's also a 20% increase f ...