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Flutter Stock Undervalued After Q4 Results, Guidance: Analyst Says 'Earnings Transformation' Underway
Wednesday, March 5, 2025 - 2:03pm | 654Flutter Entertainment (NYSE:FLUT) analysts highlight the sports betting and iGaming market share growth of the company after fourth-quarter financial results and guidance. The Flutter Analysts: Citizens analyst Jordan Bender maintained a Market Outperform rating on Flutter and raised the price...
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Century Casinos Sees 'Green Shoots Across Several Areas Within Its Business,' Says Bullish Analyst
Tuesday, November 5, 2024 - 1:32pm | 325Century Casinos, Inc. (NASDAQ:CNTY) shares continued an upward trajectory Tuesday, after climbing around 65% over the past month. The completion of the land-based facility in Caruthersville, Missouri, marked the end of "an M&A and refurbishment cycle" across the company's U.S. portfolio,...
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6 Top Stocks For Gaming, Casinos, Sports Betting: Analyst Says This Company's Estimates Will 'Prove Conservative'
Monday, October 14, 2024 - 1:45pm | 1051The outlook for growth in 2024 for casino companies could be one key area to watch in the gaming space along with a favorable backdrop for online sports betting companies, an analyst said. What Happened: JMP Securities analyst Jordan Bender shared the takeaways from the Global Gaming Expo in a new...
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FanDuel's 'Best US Performance' In Q2 Pressures DraftKings To Scrap Surcharge Plan
Wednesday, August 14, 2024 - 11:30am | 1100A decision by DraftKings Inc (NASDAQ:DKNG) to place a winning bet surcharge in high-tax states was met with backlash and shares fell further Monday night after rival Flutter Entertainment (NYSE:FLUT) announced it would not be enacting the same charge. Analysts examine Flutter's Q2 earnings and a...
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DraftKings Reports Q2 Miss, Analysts Wonder If Surcharges On Winnings Are A 'Gamble'
Friday, August 2, 2024 - 12:43pm | 660Shares of DraftKings Inc (NASDAQ:DKNG) tanked in early trading on Friday, after the company reported its second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Benchmark analyst Mike Hickey reaffirmed a Buy rating, while cutting the price...
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Unpacking The Future Of Sports Betting, Gaming, Esports
Tuesday, May 14, 2024 - 12:54pm | 559The Sports Betting, Gaming & Esports: A Deep Dive virtual event on May 16 at 11 am ET will bring together industry leaders to discuss these rapidly growing fields’ current and future state. This session will provide attendees a platform to hear from top professionals about the trends...
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Penn Entertainment Focuses On 'Where The Puck Has Been Rather Than Where It's Going': 5 Analysts Size Up Q1 Results, Sports Betting Segment
Friday, May 3, 2024 - 4:12pm | 810Casino and sports betting company PENN Entertainment (NASDAQ:PENN) reported first-quarter financial results that came in lower than analysts' estimates. Here's what analysts are saying after the report. Needham analyst Bernie McTernan has a Buy rating and lowers the price target from $32 to $26....
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DraftKings The 'King Of The Beat & Raise': 7 Analysts Size Up Q1 Earnings, Raised Guidance That Could Be Conservative
Friday, May 3, 2024 - 2:55pm | 771Sports betting company DraftKings Inc (NASDAQ:DKNG) reported first-quarter revenue and earnings per share that beat analysts' estimates. Analysts share their reaction to the report and DraftKings' raised full-year guidance: Truist analyst Barry Jonas has a Buy rating and $55 price target. Bank of...
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DraftKings Stock Hits 52-Week Highs: 7 Analysts Size Up Jackpocket Acquisition, Q4 Results, Future Growth
Friday, February 16, 2024 - 2:01pm | 1009Sports betting company DraftKings Inc (NASDAQ:DKNG) reported fourth-quarter financial results after market close Thursday. Analysts size up the earnings result and future of the company. BMO Capital analyst Brian J. Pitz has an Outperform rating and raises the price target from $43 to $51. Stifel...
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Penn Entertainment Analysts Say ESPN Bet Sportsbook In Early Innings: 'Building A Business Takes Time And Money'
Friday, February 16, 2024 - 1:43pm | 897Casino and sports betting company PENN Entertainment Inc (NASDAQ:PENN) reported fourth-quarter financial results before market open Thursday. Here's a look at what analysts are saying after the report and the future growth of ESPN Bet. The Penn Analysts: Macquarie analyst Chad Beynon had an...
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DraftKings A Winner In Sports Betting Sector, Analysts Expect Momentum To Continue
Monday, September 25, 2023 - 1:17pm | 754Sports betting company DraftKings Inc (NASDAQ: DKNG) continues to get strong ratings from analysts with the NCAA Football and NFL seasons in full swing. Analysts look at app rankings, promotional activity and visit the company’s Boston headquarters to get a feel of what’s happening now...
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Penn Entertainment Analysts On 'Landscape-Changing' Sports Betting Deal With ESPN: 'This Move Makes Sense'
Wednesday, August 9, 2023 - 11:27am | 1255PENN Entertainment (NASDAQ: PENN) stock jumped after the market close Tuesday after the company unveiled a partnership with sports media company ESPN, second-quarter earnings and the divestiture of Barstool Sports. Here’s a look at what analysts are saying about Penn and its competitors...
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5 Analysts On DraftKings Q2 Results: 'Operational Excellence,' 'Widening Its Competitive Gap,' Momentum To Continue
Friday, August 4, 2023 - 11:51am | 635Shares of sports betting and iGaming operator DraftKings Inc (NASDAQ: DKNG) are trading higher after the company reported second quarter financial results Thursday after market close. Here’s a look at what analysts are saying after the report. The DraftKings Analysts: Roth MKM analyst Edward...
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DraftKings Q1 Beat Driven By High Customer Retention, Market Share Gains; Analysts Optimistic On Growth
Friday, May 5, 2023 - 11:04am | 770Sports betting company DraftKings Inc (NASDAQ: DKNG) reported first-quarter financial results after market close Thursday. The company also raised its full-year revenue and EBITDA guidance. Here's what analysts are saying after the report and guidance increase. The DraftKings Analysts: Bank of...
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Penn Entertainment Analyst Downgrades Barstool Sports Owner, Names 2 Gaming Stocks To Buy
Monday, April 17, 2023 - 11:05am | 470PENN Entertainment Inc (NASDAQ: PENN) has lagged the S&P 500 in the past year, but one analyst said Monday that investors looking to buy the dip have better opportunities elsewhere. The Analyst: JMP analyst Jordan Bender downgraded PENN from Outperform to Market Perform and reiterated his...