Casino Stocks To Consider – March 2nd

Flutter Entertainment, DraftKings, MGM Resorts International, Wynn Resorts, and PENN Entertainment are the five Casino stocks to watch today, according to MarketBeat’s stock screener tool. Casino stocks refer to shares of companies whose primary business is operating gambling facilities such as casinos, resorts, and integrated entertainment complexes. These stocks are influenced by factors like consumer spending on leisure activities, regulatory environments, and broader economic trends affecting discretionary income. These companies had the highest dollar trading volume of any Casino stocks within the last several days.

Flutter Entertainment (FLUT)

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.

NYSE:FLUT traded up $8.92 during midday trading on Friday, reaching $280.69. The company had a trading volume of 2,031,544 shares, compared to its average volume of 1,463,442. The stock’s fifty day simple moving average is $267.06 and its 200-day simple moving average is $249.41. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.66. Flutter Entertainment has a 12-month low of $174.03 and a 12-month high of $299.73.

DraftKings (DKNG)

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators.

DKNG traded up $1.12 during trading on Friday, reaching $43.86. The company’s stock had a trading volume of 6,212,866 shares, compared to its average volume of 10,440,278. DraftKings has a 52-week low of $28.69 and a 52-week high of $53.61. The company’s fifty day moving average price is $41.78 and its 200-day moving average price is $39.79. The company has a market capitalization of $21.49 billion, a price-to-earnings ratio of -41.38, a price-to-earnings-growth ratio of 1.43 and a beta of 1.93. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.00 and a current ratio of 0.93.

MGM Resorts International (MGM)

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and internationally. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities.

MGM stock traded up $0.09 on Friday, reaching $34.76. The company had a trading volume of 4,439,901 shares, compared to its average volume of 5,075,210. The company’s fifty day moving average is $34.62 and its 200 day moving average is $36.74. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.26 and a current ratio of 1.30. The company has a market cap of $9.93 billion, a P/E ratio of 14.48, a PEG ratio of 0.98 and a beta of 2.20. MGM Resorts International has a 1 year low of $31.61 and a 1 year high of $48.24.

Wynn Resorts (WYNN)

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.

Shares of WYNN stock traded up $1.13 on Friday, reaching $89.32. 1,468,241 shares of the stock were exchanged, compared to its average volume of 2,809,046. The stock has a market cap of $9.50 billion, a P/E ratio of 21.22, a price-to-earnings-growth ratio of 2.35 and a beta of 1.76. The firm has a 50 day moving average of $85.35 and a two-hundred day moving average of $87.86. Wynn Resorts has a 1-year low of $71.63 and a 1-year high of $110.38.

PENN Entertainment (PENN)

PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L'Auberge, ESPN BET, and theScore Bet Sportsbook and Casino brands.

Shares of PENN stock traded up $1.12 on Friday, reaching $21.51. 5,811,247 shares of the stock were exchanged, compared to its average volume of 4,822,604. The stock has a market cap of $3.28 billion, a P/E ratio of -6.06, a price-to-earnings-growth ratio of 1.55 and a beta of 2.09. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 2.34. The firm has a 50 day moving average of $20.29 and a two-hundred day moving average of $19.78. PENN Entertainment has a 1-year low of $13.50 and a 1-year high of $23.08.