Amanda Brown Buys 10,000 Shares of Entain Plc (LON:ENT) Stock

Entain Plc (LON:ENT) insider Amanda Brown bought 10,000 shares of the stock in a transaction dated Wednesday, September 18th. The stock was bought at an average price of GBX 741 ($9.79) per share, for a total transaction of £74,100 ($97,886.39).

Entain Price Performance

Shares of LON ENT traded up GBX 14.20 ($0.19) during midday trading on Thursday, hitting GBX 750.40 ($9.91). The stock had a trading volume of 2,157,544 shares, compared to its average volume of 3,740,958. The company has a market capitalization of £4.80 billion, a PE ratio of -1,172.50, a P/E/G ratio of 0.92 and a beta of 1.19. The stock has a 50 day simple moving average of GBX 632.16 and a 200-day simple moving average of GBX 705.99. Entain Plc has a 1 year low of GBX 498.50 ($6.59) and a 1 year high of GBX 1,115 ($14.73). The company has a quick ratio of 0.74, a current ratio of 0.67 and a debt-to-equity ratio of 154.96.

Entain Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, September 20th. Stockholders of record on Thursday, August 15th will be given a GBX 9.30 ($0.12) dividend. This represents a dividend yield of 1.78%. The ex-dividend date of this dividend is Thursday, August 15th. This is an increase from Entain’s previous dividend of $8.90. Entain’s dividend payout ratio (DPR) is -2,968.75%.

Analysts Set New Price Targets

ENT has been the topic of a number of recent research reports. Berenberg Bank upped their target price on 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. Shore Capital reiterated a “buy” rating on shares of Entain in a research report on Monday, September 9th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Entain in a research report on Wednesday, September 11th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,140 ($15.06) price target on shares of Entain in a research report on Monday, June 24th. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Entain has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,124.83 ($14.86).

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.