Flutter Entertainment (NYSE:FLUT – Get Free Report) is one of 120 publicly-traded companies in the “Computer programming, data processing, & other computer related” industry, but how does it contrast to its peers? We will compare Flutter Entertainment to related companies based on the strength of its valuation, institutional ownership, earnings, profitability, dividends, analyst recommendations and risk.
Valuation and Earnings
This table compares Flutter Entertainment and its peers gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Flutter Entertainment | $14.05 billion | -$1.22 billion | 1,127.09 |
Flutter Entertainment Competitors | $11.35 billion | $2.53 billion | -35,693.68 |
Flutter Entertainment has higher revenue, but lower earnings than its peers. Flutter Entertainment is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Analyst Recommendations
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Flutter Entertainment | 0 | 0 | 19 | 1 | 3.05 |
Flutter Entertainment Competitors | 1270 | 5077 | 11281 | 339 | 2.59 |
Flutter Entertainment currently has a consensus price target of $311.41, indicating a potential upside of 25.59%. As a group, “Computer programming, data processing, & other computer related” companies have a potential upside of 24.50%. Given Flutter Entertainment’s stronger consensus rating and higher probable upside, equities analysts plainly believe Flutter Entertainment is more favorable than its peers.
Profitability
This table compares Flutter Entertainment and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Flutter Entertainment | -6.86% | -4.52% | -1.85% |
Flutter Entertainment Competitors | -138.86% | -18.64% | -3.29% |
Insider and Institutional Ownership
48.9% of shares of all “Computer programming, data processing, & other computer related” companies are held by institutional investors. 16.9% of shares of all “Computer programming, data processing, & other computer related” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Summary
Flutter Entertainment beats its peers on 9 of the 12 factors compared.
About Flutter Entertainment
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. In addition, it provides online poker, casino, and rummy. Further, it provides sports betting and gaming services through paddypower.com, betfair.com, sportsbet.com.au, tvg.com, us.betfair.com, fanduel.com, adjarabet.com, pokerstars.com, Skybet.com, tombola.com, sisal.com, and maxbet.rs websites under the FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, tombola, Betfair, MaxBet, TVG, Stardust, Junglee Games, and Adjarabet brands, as well as live poker tours and events. The company was formerly known as Paddy Power Betfair plc and changed its name to Flutter Entertainment plc in 2019. Flutter Entertainment plc was incorporated in 1958 and is headquartered in Dublin, Ireland.
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