Entain’s (ENT) Buy Rating Reaffirmed at Shore Capital

Shore Capital reiterated their buy rating on shares of Entain (LON:ENT) in a research note released on Monday, MarketBeat Ratings reports.

Separately, Jefferies Financial Group reaffirmed a buy rating and issued a GBX 1,140 ($14.91) price target on shares of Entain in a report on Monday, June 24th. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of Moderate Buy and an average price target of GBX 1,143.17 ($14.95).

Entain Price Performance

Shares of LON ENT opened at GBX 714.20 ($9.34) on Monday. The company has a debt-to-equity ratio of 154.96, a quick ratio of 0.74 and a current ratio of 0.67. The firm has a market cap of £4.57 billion, a PE ratio of -1,115.94, a PEG ratio of 0.92 and a beta of 1.19. Entain has a one year low of GBX 498.50 ($6.52) and a one year high of GBX 1,171 ($15.31). The firm has a fifty day moving average of GBX 626.38 and a 200 day moving average of GBX 712.59.

Entain Increases Dividend

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

Insider Buying and Selling at Entain

In related news, insider Ricky Sandler bought 555,333 shares of the company’s stock in a transaction on Tuesday, August 13th. The stock was bought at an average cost of GBX 580 ($7.58) per share, with a total value of £3,220,931.40 ($4,212,019.62). 0.22% of the stock is currently owned by corporate insiders.

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.