We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Entain Plc | LSE:ENT | London | Ordinary Share | IM00B5VQMV65 | ORD EUR0.01 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 9.00 | 1.41% | 649.00 | 983,844 | 16:35:18 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 648.60 | 649.40 | 650.80 | 638.60 | 639.40 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Amusement & Rec Svcs, Nec | 4.77B | -928.6M | -1.4537 | -4.47 | 4.09B |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:38:48 | O | 2,557,737 | 595.40 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 22/7/2024 | 11:30 | ALNC |  TOP NEWS: Entain names industry veteran Gavin Isaacs as next CEO |
| 22/7/2024 | 07:00 | UK RNS | Entain PLC Appointment of Chief Executive Officer |
| 09/7/2024 | 09:00 | UK RNS | Entain PLC Entain publishes ESG report |
| 08/7/2024 | 07:00 | UK RNS | Entain PLC Board Appointment |
| 01/7/2024 | 07:30 | UK RNS | Entain PLC Block Listing Application – Free Share Plan |
| 01/7/2024 | 07:00 | UK RNS | Entain PLC Change of registered office |
| 01/7/2024 | 07:00 | UK RNS | Entain PLC Total Voting Rights |
| 20/6/2024 | 09:46 | UK RNS | Entain PLC TR1: Notification of Major Holdings |
| 12/6/2024 | 13:50 | ALNC | Investors seek around GBP100 million payout from Entain |
| 06/6/2024 | 07:01 | UK RNS | Entain PLC Director/PDMR Shareholding |
Entain (ENT) Share Charts1 Year Entain Chart |
|
1 Month Entain Chart |
Intraday Entain Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 26/7/2024 | 18:17 | ENTAIN | 11,476 |
| 01/9/2021 | 22:49 | Enition (ENT) | 614 |
| 06/3/2006 | 13:54 | Enition - Featuring in an interesting reverse takeover deal - opportunities in t | 40 |
| 16/1/2006 | 11:00 | Enition PLC | 18 |
| 02/7/2004 | 13:17 | Interview: ENT's CEO Ray Dutton - Friday 2nd July, 11pm | 2 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-07-26 15:43:14 | 595.40 | 2,557,737 | 15,228,766.10 | O |
| 2024-07-26 15:38:48 | 649.00 | 37,154 | 241,129.46 | AT |
| 2024-07-26 15:38:43 | 649.00 | 10,000 | 64,900.00 | AT |
| 2024-07-26 15:38:36 | 649.00 | 10,000 | 64,900.00 | AT |
| 2024-07-26 15:38:35 | 649.00 | 75 | 486.75 | AT |
| Top Posts |
|---|
Posted at 26/7/2024 09:20 by Entain Daily Update Entain Plc is listed in the Amusement & Rec Svcs, Nec sector of the London Stock Exchange with ticker ENT. The last closing price for Entain was 640p.Entain currently has 638,799,891 shares in issue. The market capitalisation of Entain is £4,147,088,892. Entain has a price to earnings ratio (PE ratio) of -4.47. This morning ENT shares opened at 639.40p |
Posted at 23/6/2024 18:17 by pj84 Agreed and unless the uncertain litigation produces an unexpected result the market is fully aware of the litigation and hopefully it is now more than priced in at the current share price and I am hoping the interim CEO and her partner have invested millions of their own money for a reason. |
Posted at 13/6/2024 17:28 by loganair Mark Kleinman: Entain’s new CEO will be gambling with career:Talk about a glutton for punishment. I hear that Entain, the FTSE-100 gambling group, is on the brink of putting its chips on its next chief executive. Industry sources tell me that the anointed individual won’t be Henry Birch, the former Rank Group and Very Group boss, who made it to the final stages of the recruitment process. For the moment, the identity of Jette Nygaard-AndersenR Make no mistake: Entain is in a mess. From huge compliance failings to misguided takeovers, the company has become the gambling equivalent of Royal Bank of Scotland 15 years ago. Its share price has fallen by more than 40 per cent over the last year, and by even more since it rejected a takeover bid from MGM Resorts in 2021. Little wonder, then, that shareholders are shedding few tears over the departures of either Nygaard-Andersen or Barry Gibson, its chairman. Leading investors want its new leadership to restore the stock market’s confidence in the company’s ability to deliver against its targets each quarter without a nasty surprise. Entain’s travails have drawn the attention of a string of activist investors, with Eminence Capital’s Ricky Sandler joining its board in January. Others lurk in the shadows, as well as in plain sight. One shareholder said the perception of both the industry and fund managers is that Entain has run out of growth outside the US, while it faces losing out to Flutter Entertainment and DraftKings in the US. The company has been trying to accelerate its clean-up, firstly by agreeing a £615m settlement over its failure to prevent bribery at its Turkish operations; and secondly by outlining potential disposals of non-core assets alongside exits from unregulated markets. Investors don’t appear to believe, though, that either of those priorities can be executed smoothly while also restoring growth to the pace shown by industry rivals. Whoever lands the top job will also be taking a massive gamble – with the fate of Britain’s best-known bookie, and their own career. |
Posted at 29/5/2024 15:43 by wunderbar I must admit, up until recently I knew nothing about this stock. It caught my attention couple weeks back when it fell 5.5% in one day. My interest was piqued when I discovered Entain is the owner of gambling brands such as Ladbrokes, Coral, Party Poker and Foxy Bingo, to name a few.The more I delved into this company the more I liked about it. A major sports betting/gambling company [£4bn+ market cap], share price looking increasingly appealing, and notably the fact it turned down a takeover bid of £8.1bn [equivalent to 1383p per share] from its US joint venture partner MGM Resorts in January 2021. To me, this looks like a growth stock [having made numerous acquisitions in recent years] which has struggled to fire on all cylinders these past 12 months and consequently fallen out of favour. Having no permanent CEO for five months certainly doesn’t help, and you’d have to say, if they haven’t filled this vacancy by Interims [8 Aug 2024] then surely the board’s credibility will be called into question. I usually opt for income stocks at low prices with the aim of eventually netting decent capital gains over long term, but occasionally a company catches my eye and entices me to take a calculated punt. Needless to say ENT is one such stock. With such a paltry dividend yield of 2.69% [total 17.8p] it certainly isn’t an income play but does have potential for significant capital growth in medium term. My immediate concerns are; 1]. Given the FTSE is near record highs c.8200, if it drops to say to c.7500, will ENT hit new lows noting share price has already fallen 33% this year, down 52% over 12 months, and for good measure has fallen 70% since peaking at 2500p in Sept 2021. 2]. Impact on share price if ENT demoted from FTSE 100. 3]. Interims disappoint market - these are key to determining where we are heading short term. 4]. Regulatory headwinds I’m pinning future hopes on; 1]. Imminent appointment of CEO 2]. Interims warmly received by market 3]. MGMBet gaining market share in US market 4]. General market/sector turnaround 5]. Outside chance ENT getting taken over. There comes a point when you have to go from being a spectator to becoming an investor. I was initially tempted at 750p, 700p, 675p, but there’s only so long you can keep watching before FOMO [fear of missing out] kicks in. And so today I finally cracked and made an initial purchase @ 660p. Whether or not this turns out to be my one and only purchase remains to be seen. I will consider adding if it drops another 10-15% [c.560-600p]. Ultimately, I’m looking to double my money c.1320p. If I end up averaging down I’ll likely change my strategy and opt for a 50% gain, c.900-1000p. Either way, I’m looking to achieve my price target in 24-36 months. On a final note, according to latest FT data, the 17 analysts offering 12 month price targets for Entain PLC have a median target of 1,070p. Let’s see how that pans out. |
Posted at 03/4/2024 15:00 by macarona Ladbrokes owner ENT share price is #32LeoVegas BetMGM owner MGM share price is #4 |
Posted at 26/3/2024 14:01 by pj84 "Berenberg advises being patient with EntainPatience is needed to invest in Entain (ENT) but Berenberg says there is still value in the gambling group." ... "‘That being said, at the current share price, we still forecast good upside to our new price target of 1,140p and we remain “buy”-ra |
Posted at 11/3/2024 18:16 by uncle bungay I just had a read at Entains fininacial report from last week. I am only fair in accountancy matters but I noticed a couple of concening points. Reads like a conspiracy theory but Companies have been known to increase 'actual' asset and associated inventory costs to record a more positive financial result.The Figures quoted below are from the section titled 'NZ Ent Limited (trading as Tab NZ)'. Details of the purchase consideration, and the values of net assets acquired and goodwill are as follows (need to remember that the figures are quouted in £m.) A NZ dollar equates as $1.62 to a £1. Goodwill refers to the amount over book value that one company pays when acquiring another. The NZ Government had to bail the NZ TAB out for around $60,000,000 about three years ago as they were on paper insolvent. So how did Entain come up with an asset cost of goodwill of £250 million ? They are 50/50 partners so they are saying its worth double that . Entain are not purchasing the NZ TAB (it's a Government controlled monopoly) they haved signed a strategic partnership agreement with a 50/50 profit split. Goodwill should not be in the equation as an asset. The bottom line is it's not an asset that they should list as such as they didn't purchase the NZ TAB. From Entains Financial accounts for end of 2023. Intangible assets (excluding goodwill) £894,000,000 millionn . They have listed goodwill as a £250 million net asset aquired. Intangible assets in the 2022 NZ TAB Annual report were listed as $54,000,00 , how does that balloon out to £894,000,000m in Entains accounts? Property, plant and equipment purchased 17.4 m ($30,816,283 NZ $) In the 2022 NZ TAB Annual report Property, plant and equipment was valued at $51,209,000 NZ ( equates to £28,896, 407) hxxps://static.tab.c In relation to the financial profile of the partnership itself, the agreements’ commercial structure is a 50/50 gross profit share. Gross profit being revenue less variable expenses such as product fees and applicable taxes. But that differs from the following quote: Quote from Dean Shannon Entains main man down-under. We’re up for lot of things, which includes rebuilding the industry with greater investment,” Shannon said. “Our 50 per cent share of the profits comes with our responsibility to pay all the expenses, that’s how committed we are to this venture. I fail to see why Entain has the cost of intangible assets relating to the NZ TAB listed in their accounts . They are paying around $200,000,000 a year for the rights to be in the partnership. £894,000,000m for intangible assets of a Company you have become a 50/50 partner in? something just doesn't add up. Quote below from Entain media release following NZ Government approval for them to become 50/50 strategic partners. The estimates set out in this announcement have been prepared based on numerous assumptions and forecasts, some of which are outside of Entain's influence and/or control, and is therefore inherently uncertain and there can be no guarantee or assurance that it will be correct. The estimates have not been audited, reviewed, verified or subject to any procedures by Entain's auditors. Undue reliance should not be placed on them and there can be no guarantee or assurance that they will be correct. Once again quote from Dean Shannon Entains main man down-under. We’re up for lot of things, which includes rebuilding the industry with greater investment,” Shannon said. “Our 50 per cent share of the profits comes with our responsibility to pay all the expenses, that’s how committed we are to this venture. A Company on behalf of it's shareholders puts in a bid for a 25 year deal for close to one billion dollars to be paid over the first five years and they say they will pay 'all' the expenses. This is a deal done on a Company that was without Government injected funding going to go into liquidation. How a Government run wagering monopoly ever got iself into that state is beyond me and surely thats concern enough to have estimates reviewed and verified by your Company Auditors. Its called due deligence and in the best interest of your shareholders you owe them that procedure to be carried out. Frankly it's an unbelievable situation and one would imagine it's not the first time Entain have become partners or purchased a Company without first reviewing actual and forecast figures. Note (2) For the purposes of UK LR 10.4.1 R, as at 31 January 2023, the assets of the entity subject to the strategic partnering arrangement had a gross asset value of approximately NZ$138m (approximately £70m1) and generated operating profits of NZ$16m (approximately £8m1) in the year ending 31 July 2022 Gross asset value of ther NZ TAB reported to the London Stock Exchange as $138 million as at 31 Jan 2023 and then recorded in Entains last 12 months financial accounts total assets acquired as a 50/50 partner recorderd as 1,208 £m. The above qoute 'The estimates have not been audited, reviewed, verified or subject to any procedures by Entain's auditors.? Maybe its a little bit clearer now why they didn't get them involved. Entain keep referring in the accounts as 'acquired ' when referring to the NZ TAB. Purchase 'Acquisition accounting is a method of recording a company's purchase of another company' - they didn't puchase the NZ TAB it's a strategic 25 year partnership. |
Posted at 04/3/2024 13:21 by loganair Bookie Entain PLC (LSE:ENT) is reporting its 2023 annual results on Thursday 7 March with analysts still not sure that the mix of super growth in the US and dull as ditchwater UK betting shops works.UBS expects group revenue of £4.6 billion, group underlying profit [EBITDA] of £956 million and a share of joint venture income [BetMGM] of minus £42 million. BetMGM reported in early February that 2023 net revenue came in at $1.96bn with an EBITDA loss of minus US$67 million. A few weeks earlier, Entain received a downgrade from analysts at Barclays, who said that to justify the current share price the online arm needs to be doing better. "The Ladbrokes, Coral and BetMGM partner needs online to return to market growth rates or better and US share to stabilise (and grow)," says the broker, but neither is a given, it added. Meanwhile, there is little free cash flow and high debt ratios restrict M&A. |
Posted at 06/12/2023 18:36 by gambler911 Entain, the owner of Ladbrokes and Coral, as well as other gambling companies have experienced steep share price falls in the last few months but analysts at Exane believe the “negative moves are mostly overdone.”Shares in Entain have slipped close to 33% since August, while Flutter, owner of Paddy Power and Sky Bet, has dropped around 15% in the same period. Over the summer, investors saw several profit warnings from the UK’s leading gambling firms, with “unfavourable betting results”, regulatory headwinds and weakened demand leading to a dampening of sales and profits. However, analysts at the brokerage firm reckon luck is turning for these industry leaders, with Entain PLC (LSE:ENT) returning to trading at similar multiples to rival 888, albeit with less debt and better exposure geographically, while Flutter Entertainment PLC (LSE:FLTR) is performing well in Europe and has not lost its crown in the US to Draftkings Inc (NASDAQ:DKNG). “We have seen many recent headlines claiming DraftKings is now the leader in US online sports betting. The headlines are based on gross revenues, and don't take the material impact of free bets into account,” analysts at the London group said. DraftKings is expected to meet its fourth quarter earnings guidance but there remain questions about whether it will be also able to maintain market share and a gross margin of 50% at the same time. Only adjusting target prices to consider interest rate rises, the experts at Exane don’t see regulatory headwinds playing a negative role going forward. Exane analysts added: “The recent warnings from Entain and 888 have raised concerns over further potential regulatory headwinds. We think the worst is probably over, and that Flutter has continued to gain share, especially in online sports betting. “Concerns over the potential impact of a single customer view across operators' brands also look overdone for the more prudent operators.” Flutter remains Exane’s top pick, but the group also notes that “Entain offers value after recent share price woes.” Shares in Entain are flat at around 933p on Monday, while Flutter jumped by over 3% after opening at 12,475p. |
Posted at 05/12/2023 21:58 by loganair Where does this leave Entain?At the time of writing, Entain’s share price was down 0.13% on market opening at 795.80p per share. Over the the last 30 days however, the company’s share price has decreased by 137.80p. In percentage terms, this totals a decrease of 14.75 %. This leaves Entain’s prospects unclear. Last week, investment bank and financial services giant Goldman Sachs downgraded Entain to sell from buy. This was amid concerns over business growth, particularly within its online division. The downgrade saw Entain’s price target has slashed from 1,450p to 820p. Following recent market movements, this is already more optimistic than Entain’s current share price of 795.80p per share (5 December). While quoting “regulatory headwinds” in its report, the wider focus is on Entain’s present issues of growth. In highlighting “increased competition and market dynamics”, Goldman Sachs forecasts Entain’s pro-forma online growth to be negative in Q4 of 2023 and H1 of 2024. The Group, it added, is not expected to return to growth until the second half of next year. Prospects uncertain: Such is this level of concern that Goldman Sachs is also cutting earnings per share estimates for 2024 and 2025. The bank says this will be approximately 30% lower than previous stated, adding that free cash flow has also deteriorated. There is also mixed news from the US front, with BetMGM, a joint venture between Entain and MGM Resorts. While BetMGM’s CEO, Adam Greenblatt, was upbeat on this week’s investor’s presentation, Goldman Sachs picks out the ongoing issue of stagnation. In its Q3 update, Entain said BetMGM held an 18% market share in US states. This was level with Q2 and only slightly ahead of 17% during the first quarter. In this week’s call, BetMGM has highlighted its aim to reach 25% market share in the US by 2026, as well as delivering $500.0m (£396.1m/€462. The business sees next year as an investment period, having already proved profitability in 2023. While it expects to achieve a profitable H2 2023, BetMGM expects negative EBITDA for 2024 in what it bills as an “investment year”. Losing confidence: Back in August, it was also revealed that MGM was launching BetMGM in the UK without Entain. Instead, MGM is working with LeoVegas, with the international platform utilising LeoVegas’ technology and platform. LeoVegas was acquired by MGM Resorts last year for $604m. While Entain reported a record H1 2023, its Q3 update showed online net gaming revenue growth had slowed to single figures. Not long after this, Entain chairman Barry Gibson and CEO Nygaard-Andersen significantly increased their shareholdings. The chair’s spouse, Brenda Gibson, also increased her holding in Entain from 41,902 shares to 57,434. In addition, senior independent non-executive director Stella David secured a further 95,025 shares and non-executive director Rahul Welde purchased 21,644 more shares. Also in its Q3 trading update, Entain unveiled Project Romer. This set out a goal of reaching an online EBITDA margin of 28% by 2026 and 30% by 2028. To achieve this, Entain plans to simplify the group to improve operational leverage and drive cost efficiencies. This will include making cross cost savings of £100.0m by 2025. |
Posted at 04/12/2023 15:54 by loganair Entain share price hits lowest point since August 2020:Entain's share price has tumbled, currently standing below £8.00 ($10.11), a stark contrast to its peak of £22.10 in September 2021. This substantial decline has attracted the attention of financial circles, raising questions about the factors contributing to the company’s downward spiral; it is the lowest share price since August 2020. Formerly known as GVC Holdings, Entain has faced several challenges of late, with a notable blow being the hefty £585m fine for its conduct in Turkey. Other factors that have caused investors to question the financial decision-making of the company and the capability of CEO Jette Nygaard-Andersen include Entain's acquisition of STS Holdings for £750m. Elsewhere, it also acquired 365Scores in April and Angstrom Sports in July. Analysts and investors are closely monitoring the seemingly ever-changing situation as the share price continues to plummet. The abrupt fall prompts concerns about the company’s stability and the potential consequences for shareholders. As investment firms scrutinise Entain's current situation, they are likely seeking clarity on how the company plans to address these challenges and whether there are strategies in place to mitigate potential risks. Moreover, speculation is surfacing about Entain’s future, particularly in light of reports suggesting MGM Resorts International may consider a bid for BetMGM. This bid would focus on acquiring the BetMGM joint venture, rather than the entirety of Entain. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
