FLUTTER ENTERTAINMENT PLC (FLTR) Shares
ABOUT FLUTTER ENTERTAINMENT PLC
Flutter Entertainment plc is a gaming and sports betting holding company. Its portfolio includes fixed odds game betting, peer-to-peer games, business-to-business services as well as online games and casinos.
The company operates through its Retail, Online, United States and Australia segments. Flutter’s brands include Paddy Power, FanDuel, TVG, Sportsbet, Adjarabet and Betfair.
Flutter Entertainment plc is a member of the FTSE 100 Index.
The company employs nearly 8 000 people in its 620 retail sites and 16 offices.
It serves more than 6 million customers across 100 countries and processes nearly 6 000 online transactions per minute.
Flutter is headquartered in Dublin, Ireland.
OVERVIEW OF FLUTTER ENTERTAINMENT PLC
- In 2016 Paddy Power and its British competitor, Betfair, merges to form Paddy Power Betfair. In 2018 the company buys a daily fantasy sports operator, FanDuel, for a price of US Dollar 158 million.
- It is one of the two leading operators in the United States and the transaction expands the company’s asset portfolio into the United States’ sports betting market. The company merges its operations with FanDuel, and FanDuel Group is created.
- In 2019 the company buys 51 percent controlling stake in Adjarabet.
- Two months later the company changes its name from Paddy Power Betfair to Flutter Entertainment plc.
- Later the year, Flutter becomes the largest gambling company in the world when it purchases The Stars Group, a Canadian gaming company, for a price of US Dollar 6.95 billion.
VISION & VALUES OF FLUTTER ENTERTAINMENT PLC
Flutter Entertainment plc encourages responsible gambling and its mission is to offer its products and services in a safe and responsible manner.
Its vision is to be the market leader in the online sports betting industry.
The company operates sustainably and ensures high earnings and long-term value is offered to shareholders and customers.
Flutter is committed to contributing to charities that supports mental health, save polar bears, deforestation, climate change and other initiatives that improve communities, environments and the overall health of the planet.
The company minimizes its carbon footprint in its offices and sites by installing renewable energy such as water, wind and solar operations.
MARKET PERFORMANCE OF FLUTTER ENTERTAINMENT PLC
Flutter Entertainment plc trades on the Financial Times Stock Exchange under the FTSE stock symbol “FLTR”.
Data analysis for the company’s interim results for the six months ending 30 June 2019 reports a group revenue of £ 1,020 million, an increase of 18 percent.
Its Online segment shows an increase of 8 percent, Australia an increase of 16 percent, and a 148 percent increase for US. Underlying EBITDA is £ 196 million.
Profit before tax is £ 81 million. Earnings are 97.8 pence per share and underlying earnings are 148.0 pence per share.
Dividends are 67 pence per share. The company reports a strong balance sheet with a net debt of £ 356 million.
Buy FLUTTER ENTERTAINMENT PLC stocks / shares – A Step by Step Guide how to Buy / Purchase FLUTTER ENTERTAINMENT PLC Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy FLUTTER ENTERTAINMENT PLC Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN FLUTTER ENTERTAINMENT PLC STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE FLUTTER ENTERTAINMENT PLC STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of FLUTTER ENTERTAINMENT PLC stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy FLUTTER ENTERTAINMENT PLC stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?