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Flutter Entertainment: Betting Powerhouse Poised For Growth
Seeking Alpha· 2025-03-22 05:40
Core Insights - The article emphasizes the importance of thorough research and analysis in identifying investment opportunities and risks in various sectors and companies [1][2]. Group 1: Investment Analysis - The analyst has 10 years of experience in investment banking and private equity consulting, focusing on industry and company research [1]. - There is a strong passion for risk-assets, particularly in growth, contrarian, and emerging markets [1]. Group 2: Professional Development - The analyst is currently pursuing the CFA charter, having completed Levels I and II [1]. Group 3: Disclosure and Independence - The article clarifies that the analyst has no current stock or derivative positions in any mentioned companies and has no plans to initiate any such positions in the near future [1]. - The opinions expressed in the article are solely those of the analyst and not influenced by any external compensation [1].
Flutter Entertainment: Gambling Obsession Could Pay Off Big
Seeking Alpha· 2025-03-20 15:59
Analyst's Disclosure: I/we have a beneficial long position in the shares of FLUT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any i ...
March Madness: Flutter Stock Is a Solid Bet on Sustained Growth
MarketBeat· 2025-03-20 11:51
Core Viewpoint - Flutter Entertainment is positioned as a leading player in the online sports betting and gaming industry, with significant revenue growth and ambitious future targets [2][4]. Group 1: Company Overview - Flutter Entertainment is the world's leading online sports betting and gaming operator, primarily known in the U.S. for its FanDuel sportsbook [2]. - In 2024, Flutter generated over $14 billion in revenue, significantly outperforming its competitors, with 60% of its revenue coming from the U.K. and the U.S. [3]. Group 2: Financial Goals and Projections - The company aims to achieve $21 billion in revenue by 2027, representing a compound annual growth rate (CAGR) of approximately 14% [4]. - Flutter targets a 25% growth in adjusted EBITDA margin, equating to about 700 basis points of margin expansion [4]. - The company anticipates free cash flow of $2.7 billion by 2027, indicating approximately 36% compound growth [4]. - Flutter plans to return up to $5 billion in capital over the next three to four years [5]. Group 3: Market Dynamics - In 2025, an estimated $3.1 billion is expected to be wagered on NCAA basketball tournaments, which is about 25% of Flutter's annual revenue [6]. - As of March 2025, 38 states have legalized sports betting, but FanDuel is only licensed in 23 states, with limited expansion expected in major markets like Texas and California [7][8]. Group 4: Analyst Sentiment - Flutter stock is currently trading at $241.61, with a 12-month price forecast of $311.41, indicating a potential upside of 28.89% [7]. - Analysts from UBS Group and Macquarie have set price targets of $340 for Flutter stock, which is nearly 10% higher than the consensus price [9].
FanDuel Introduces Industry-First Television Show and Reinforces Responsible Gaming Initiatives During Problem Gambling Awareness Month
Prnewswire· 2025-03-19 13:00
New problem gambling recovery show with Craig Carton premieres and "Trusted Voices: Conversations About Betting" program introduces new resources NEW YORK, March 19, 2025 /PRNewswire/ -- March is Problem Gambling Awareness Month, and FanDuel, North America's premier online gaming company, is continuing to build its Responsible Gaming platform through new programming designed to expand access to responsible gaming education. The company is expanding its relationship with Craig Carton to launch "The Comeback ...
FanDuel Unveils New Product Enhancements to Offer Customers Unparalleled Flexibility in Time for March Basketball
Prnewswire· 2025-03-14 13:00
Exclusive new features include an exclusive ability to combine picks from multiple tournament rounds into one parlay and a new Bet Back Promotional Token NEW YORK, March 14, 2025 /PRNewswire/ -- FanDuel, North America's premier online gaming company, today announced new industry-first product innovations in time for the March college basketball tournament, including an exclusive tournament feature that allows customers to combine picks across multiple rounds into a single parlay and a new Bet Back Token tha ...
Flutter Stock Undervalued After Q4 Results, Guidance: Analyst Says 'Earnings Transformation' Underway
Benzinga· 2025-03-05 18:03
Flutter Entertainment FLUT analysts highlight the sports betting and iGaming market share growth of the company after fourth-quarter financial results and guidance.The Flutter Analysts: Citizens analyst Jordan Bender maintained a Market Outperform rating on Flutter and raised the price target from $311 to $328.Benchmark analyst Mike Hickey reiterated a Buy rating and raised the price target from $275 to $300.Needham analyst Bernie McTernan reiterated a Buy rating and raised the price target from $300 to $31 ...
Flutter Entertainment plc Announces Launch of Second Tranche of Share Repurchase Program
Globenewswire· 2025-03-05 11:55
Core Viewpoint - Flutter Entertainment plc has announced a share repurchase program with a maximum consideration of up to $300 million, aimed at reducing its share capital [1][2]. Group 1: Share Buyback Details - The buyback will commence on April 1, 2025, and conclude no later than June 30, 2025 [2]. - This buyback is part of a multi-year share repurchase program totaling up to $5 billion, with an expected return of approximately $1 billion to shareholders in 2025 [2][3]. - Goldman Sachs & Co. LLC will execute the buyback independently, with a maximum acquisition of 17,739,905 ordinary shares, adjusted for shares bought in the first tranche [3]. Group 2: Regulatory Compliance - The buyback will adhere to U.S. Securities Exchange Act rules and EU Market Abuse Regulation [4]. - Repurchased shares will be cancelled following the buyback [4]. Group 3: Company Overview - Flutter is a leading online sports betting and iGaming operator, with a significant market presence in the U.S. and globally [7]. - The company reported $14,048 million in global revenue for fiscal 2024, reflecting a 19% year-over-year increase [9].
Flutter Entertainment(FLUT) - 2024 H2 - Earnings Call Transcript
2025-03-05 07:36
Flutter Entertainment (FLUT) H2 2024 Earnings Call March 05, 2025 03:36 AM ET Company Participants Paul Tymms - Group Director - IR & FPAPeter Jackson - CEORob Coldrake - Chief Financial OfficerClark Lampen - Managing DirectorPaul Ruddy - Gaming & leisure analystJed Kelly - Managing Director - Equity ResearchBarry Jonas - Managing DirectorJeffrey Stantial - Managing Director - Gaming & LeisureJohn Decree - Director - Equity ResearchBen Shelley - DirectorAdrien de Saint Hilaire - Director Conference Call Par ...
Flutter Entertainment plc (the "Company"): Publication of Annual Report and Accounts 2024
Globenewswire· 2025-03-05 07:05
Core Viewpoint - Flutter Entertainment plc has published its Annual Report on Form 10-K for the financial year ended December 31, 2024, and has filed it with the U.S. Securities and Exchange Commission [1] Group 1 - The company has also prepared a UK annual report that incorporates the Annual Report on Form 10-K, referred to as the Annual Report and Accounts 2024 [1] - The Annual Report and Accounts 2024 is available for public access at the specified URL and has been submitted to the UK National Storage Mechanism for inspection [1][2] - The Annual Report on Form 10-K and the Annual Report and Accounts 2024 can be accessed on the company's official website [2]
Flutter Entertainment plc (the "Company"): Publication of Annual Report and Accounts 2024
Newsfilter· 2025-03-05 07:05
Core Viewpoint - Flutter Entertainment plc has published its Annual Report on Form 10-K for the financial year ended December 31, 2024, and has filed it with the U.S. Securities and Exchange Commission (SEC) [1] - The company has also prepared a UK annual report that incorporates the Annual Report on Form 10-K, which is available for public inspection [1] Group 1 - The Annual Report on Form 10-K and the UK Annual Report and Accounts 2024 are publicly accessible on the company's website [2] - The reports have been submitted to the UK National Storage Mechanism for inspection [1]