Entain Plc (LON:ENT) Insider Acquires £74,100 in Stock

Entain Plc (LON:ENT) insider Amanda Brown purchased 10,000 shares of Entain stock in a transaction that occurred on Wednesday, September 18th. The shares were bought at an average price of GBX 741 ($9.79) per share, with a total value of £74,100 ($97,886.39).

Entain Price Performance

Shares of LON ENT opened at GBX 735.20 ($9.71) on Friday. 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 fifty day moving average of GBX 636.51 and a 200 day moving average of GBX 705.75. The firm has a market cap of £4.70 billion, a PE ratio of -1,148.75, a PEG ratio of 0.92 and a beta of 1.19. Entain Plc has a one year low of GBX 498.50 ($6.59) and a one year high of GBX 1,101.50 ($14.55).

Entain Increases Dividend

The business also recently announced a dividend, which was paid on Friday, September 20th. Stockholders of record on Thursday, August 15th were paid a dividend of GBX 9.30 ($0.12) per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a dividend yield of 1.78%. This is a boost from Entain’s previous dividend of $8.90. Entain’s payout ratio is currently -2,968.75%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Berenberg Bank raised their price objective on shares of Entain from GBX 1,020 ($13.47) to GBX 1,030 ($13.61) and gave the stock a “buy” rating in a research note on Tuesday, September 17th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Entain in a research report on Wednesday, September 11th. Shore Capital reiterated a “buy” rating on shares of Entain in a research report on Monday, September 9th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 1,140 ($15.06) target price on shares of Entain in a research report on Monday, June 24th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 1,124.83 ($14.86).

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.