Shares of Entain Plc (LON:ENT – Get Free Report) reached a new 52-week low during mid-day trading on Monday. The company traded as low as GBX 434.50 and last traded at GBX 436.15, with a volume of 2893050 shares trading hands. The stock had previously closed at GBX 449.90.
Key Entain News
Here are the key news stories impacting Entain this week:
- Positive Sentiment: Entain has indicated that it can maintain its broader FY26 earnings guidance, despite the regulatory disruption in Brazil. However, management now expects performance toward the lower end of the range. Entain maintains earnings outlook despite sudden Brazil betting ban
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft decreased their price objective on Entain from GBX 950 to GBX 914 and set a “buy” rating on the stock in a report on Monday, August 17th. Shore Capital Group reissued a “buy” rating and issued a GBX 988 price target on shares of Entain in a research note on Friday, September 18th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,145 price objective on shares of Entain in a research note on Monday, September 14th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,000 price objective on shares of Entain in a report on Thursday, August 13th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Entain from GBX 1,025 to GBX 1,050 and gave the company an “overweight” rating in a report on Monday, August 17th. Seven equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Entain has an average rating of “Buy” and a consensus price target of GBX 992.43.
Entain Price Performance
The company has a market cap of £2.72 billion, a P/E ratio of -4.69, a P/E/G ratio of 0.92 and a beta of 0.76. The company’s 50-day moving average price is GBX 520.83 and its two-hundred day moving average price is GBX 545.22. The company has a current ratio of 1.01, a quick ratio of 0.74 and a debt-to-equity ratio of 497.51.
Insider Buying and Selling
In other news, insider Michael Snape bought 51,815 shares of the firm’s stock in a transaction dated Friday, September 18th. The stock was bought at an average price of GBX 482 per share, for a total transaction of £249,748.30. 7.42% of the stock is currently owned by corporate insiders.
Entain Company Profile
Entain plc (LSE: ENT) is a FTSE100 company and is one of the world’s largest sports betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction, STS, SuperSport and TAB NZ; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.
The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US.
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