Entain Plc (LON:ENT) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Entain Plc (LON:ENT) have earned an average recommendation of “Moderate Buy” from the seven research firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 1,143.17 ($15.03).

ENT has been the subject of a number of recent analyst reports. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,140 ($14.99) target price on shares of Entain in a report on Monday, June 24th. Shore Capital restated a “buy” rating on shares of Entain in a report on Monday, August 12th.

Insider Activity at Entain

In related news, insider Ricky Sandler acquired 555,333 shares of the business’s stock in a transaction on Tuesday, August 13th. The shares were bought at an average cost of GBX 580 ($7.63) per share, with a total value of £3,220,931.40 ($4,235,281.26). Company insiders own 0.22% of the company’s stock.

Entain Stock Up 0.7 %

ENT opened at GBX 652 ($8.57) on Friday. Entain has a 12 month low of GBX 498.50 ($6.55) and a 12 month high of GBX 1,183 ($15.56). The business has a 50-day moving average of GBX 621.09 and a two-hundred day moving average of GBX 720.61. The company has a debt-to-equity ratio of 154.96, a current ratio of 0.67 and a quick ratio of 0.74. The stock has a market capitalization of £4.17 billion, a price-to-earnings ratio of -1,011.25, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19.

Entain Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 20th. Stockholders of record on Thursday, August 15th will be given a GBX 9.30 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a dividend yield of 1.78%. This is a positive change from Entain’s previous dividend of $8.90. Entain’s dividend payout ratio is presently -2,968.75%.

Entain Company Profile

Entain Plc operates as a sports-betting and gaming company. The company provides online and multi-channel betting under the Ladbrokes name; street and online betting under the Coral name; online sports betting, casino, and gaming under the Eurobet name; scores, sports information, editorial and social content, and sports focused free-to play games under the 365Scores name; sports betting and games under the SuperSport and BetCity names; online betting under the bwin name; and sports betting, poker, and casino games under the Crystalbet name.