Ricky Sandler Acquires 555,333 Shares of Entain Plc (LON:ENT) Stock

Entain Plc (LON:ENT) insider Ricky Sandler acquired 555,333 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The stock was bought at an average cost of GBX 580 ($7.41) per share, with a total value of £3,220,931.40 ($4,112,527.32).

Entain Stock Up 2.2 %

Shares of LON ENT opened at GBX 621.20 ($7.93) on Friday. Entain Plc has a 1 year low of GBX 498.50 ($6.36) and a 1 year high of GBX 1,240 ($15.83). The company has a market capitalization of £3.97 billion, a price-to-earnings ratio of -440.57, a price-to-earnings-growth ratio of 0.92 and a beta of 1.17. The company has a debt-to-equity ratio of 134.33, a current ratio of 0.56 and a quick ratio of 0.74. The business has a 50-day moving average of GBX 631.37 and a two-hundred day moving average of GBX 755.66.

Entain Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 15th will be given a GBX 9.30 ($0.12) dividend. This represents a dividend yield of 1.78%. This is an increase from Entain’s previous dividend of $8.90. The ex-dividend date is Thursday, August 15th. Entain’s dividend payout ratio (DPR) is -1,276.60%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,140 ($14.56) price objective on shares of Entain in a report on Monday, June 24th. Shore Capital reaffirmed a “buy” rating on shares of Entain in a research note on Monday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,089 ($13.90) target price on shares of Entain in a report on Thursday, April 18th. One analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 1,143.17 ($14.60).

About Entain

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.