Draftkings (DKNG)

$40.85

-0.36

(-0.87%)

Market is closed - opens 7 PM, 25 Apr 2024

Insights on Draftkings

  • Increasing Revenue

    Revenue is up for the last 2 quarters, 789.95M → 1.23B (in $), with an average increase of 35.8% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, -283.10M → -44.62M (in $), with an average increase of 534.5% per quarter

Performance

  • $40.73
    $42.19
    $40.85
    downward going graph

    0.31%

    Downside

    Day's Volatility :3.46%

    Upside

    3.16%

    downward going graph
  • $20.26
    $49.57
    $40.85
    downward going graph

    50.4%

    Downside

    52 Weeks Volatility :59.13%

    Upside

    17.59%

    downward going graph

Returns

PeriodDraftkingsSector (Consumer Discretionary)Index (Russel 2000)
3 Months
7.15%
1.0%
0.0%
6 Months
41.18%
14.7%
0.0%
1 Year
92.48%
19.5%
1.3%
3 Years
-30.42%
-3.0%
-22.1%

Highlights

Market Capitalization
19.3B
Book Value
$1.78
Earnings Per Share (EPS)
-1.73
Wall Street Target Price
49.85
Profit Margin
-21.88%
Operating Margin TTM
-3.4%
Return On Assets TTM
-12.31%
Return On Equity TTM
-74.17%
Revenue TTM
3.7B
Revenue Per Share TTM
7.92
Quarterly Revenue Growth YOY
43.9%
Gross Profit TTM
756.2M
EBITDA
-584.2M
Diluted Eps TTM
-1.73
Quarterly Earnings Growth YOY
0.0
EPS Estimate Current Year
-0.11
EPS Estimate Next Year
0.82
EPS Estimate Current Quarter
0.08
EPS Estimate Next Quarter
-0.33

Analyst Recommendation

Buy
    74%Buy
    25%Hold
    0
    0%Sell
Based on 39 Wall street analysts offering stock ratings for Draftkings(by analysts ranked 0 to 5 stars)
Based on 39 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
29
28
24
Hold
10
11
13
Sell
00
00
2

Analyst Forecast

What analysts predicted

Upside of 22.03%

Current $40.85
Target $49.85

Company Financials

FY18Y/Y Change
Revenue
226.3M
↑ 17.95%
Net Income
-76.2M
↑ 0.88%
Net Profit Margin
-33.68%
↑ 5.7%
FY19Y/Y Change
Revenue
323.4M
↑ 42.93%
Net Income
-142.3M
↑ 86.64%
Net Profit Margin
-43.99%
↓ 10.31%
FY20Y/Y Change
Revenue
614.5M
↑ 90.02%
Net Income
-843.7M
↑ 493.09%
Net Profit Margin
-137.29%
↓ 93.3%
FY21Y/Y Change
Revenue
1.3B
↑ 110.9%
Net Income
-1.5B
↑ 80.86%
Net Profit Margin
-117.74%
↑ 19.55%
FY22Y/Y Change
Revenue
2.2B
↑ 72.87%
Net Income
-1.4B
↓ 9.88%
Net Profit Margin
-61.38%
↑ 56.36%
FY23Y/Y Change
Revenue
3.7B
↑ 63.6%
Net Income
-802.1M
↓ 41.67%
Net Profit Margin
-21.88%
↑ 39.5%
Q3 FY22Q/Q Change
Revenue
501.9M
↑ 7.67%
Net Income
-450.4M
↑ 107.55%
Net Profit Margin
-89.74%
↓ 43.19%
Q4 FY22Q/Q Change
Revenue
855.1M
↑ 70.37%
Net Income
-242.3M
↓ 46.21%
Net Profit Margin
-28.33%
↑ 61.41%
Q1 FY23Q/Q Change
Revenue
769.7M
↓ 10.0%
Net Income
-397.0M
↑ 63.87%
Net Profit Margin
-51.59%
↓ 23.26%
Q2 FY23Q/Q Change
Revenue
874.9M
↑ 13.68%
Net Income
-77.3M
↓ 80.54%
Net Profit Margin
-8.83%
↑ 42.76%
Q3 FY23Q/Q Change
Revenue
790.0M
↓ 9.71%
Net Income
-283.1M
↑ 266.38%
Net Profit Margin
-35.84%
↓ 27.01%
Q4 FY23Q/Q Change
Revenue
1.2B
↑ 55.81%
Net Income
-44.6M
↓ 84.24%
Net Profit Margin
-3.63%
↑ 32.21%
FY18Y/Y Change
Total Assets
299.4M
-
Total Liabilities
484.6M
-
FY19Y/Y Change
Total Assets
330.7M
↑ 10.47%
Total Liabilities
638.7M
↑ 31.79%
FY20Y/Y Change
Total Assets
3.4B
↑ 939.94%
Total Liabilities
742.5M
↑ 16.26%
FY21Y/Y Change
Total Assets
4.1B
↑ 18.31%
Total Liabilities
2.4B
↑ 221.94%
FY22Y/Y Change
Total Assets
4.0B
↓ 0.71%
Total Liabilities
2.7B
↑ 13.68%
FY23Y/Y Change
Total Assets
3.9B
↓ 2.36%
Total Liabilities
3.1B
↑ 14.24%
Q3 FY22Q/Q Change
Total Assets
4.2B
↑ 0.92%
Total Liabilities
2.8B
↑ 15.36%
Q4 FY22Q/Q Change
Total Assets
4.0B
↓ 3.62%
Total Liabilities
2.7B
↓ 1.43%
Q1 FY23Q/Q Change
Total Assets
3.7B
↓ 7.45%
Total Liabilities
2.7B
↑ 0.15%
Q2 FY23Q/Q Change
Total Assets
3.6B
↓ 3.56%
Total Liabilities
2.6B
↓ 4.91%
Q3 FY23Q/Q Change
Total Assets
3.9B
↑ 7.08%
Total Liabilities
3.1B
↑ 18.25%
Q4 FY23Q/Q Change
Total Assets
3.9B
↑ 2.16%
Total Liabilities
3.1B
↑ 1.45%
FY18Y/Y Change
Operating Cash Flow
-45.6M
↓ 48.46%
Investing Cash Flow
-26.7M
↑ 245.72%
Financing Cash Flow
140.9M
↑ 18.87%
FY19Y/Y Change
Operating Cash Flow
-78.9M
↑ 73.06%
Investing Cash Flow
-42.3M
↑ 58.48%
Financing Cash Flow
79.8M
↓ 43.38%
FY20Y/Y Change
Operating Cash Flow
-337.9M
↑ 328.34%
Investing Cash Flow
-227.3M
↑ 437.82%
Financing Cash Flow
2.3B
↑ 2790.97%
FY21Y/Y Change
Operating Cash Flow
-419.5M
↑ 24.16%
Investing Cash Flow
-195.0M
↓ 14.22%
Financing Cash Flow
1.1B
↓ 50.62%
FY22Y/Y Change
Operating Cash Flow
-625.5M
↑ 49.11%
Investing Cash Flow
-208.8M
↑ 7.05%
Financing Cash Flow
-16.7M
↓ 101.47%
Q3 FY22Q/Q Change
Operating Cash Flow
52.2M
↓ 130.27%
Investing Cash Flow
-24.5M
↓ 80.33%
Financing Cash Flow
-4.3M
↑ 1877.98%
Q4 FY22Q/Q Change
Operating Cash Flow
-148.5M
↓ 384.17%
Investing Cash Flow
-36.8M
↑ 50.56%
Financing Cash Flow
111.0K
↓ 102.57%
Q1 FY23Q/Q Change
Operating Cash Flow
-201.5M
↑ 35.72%
Investing Cash Flow
612.0K
↓ 101.66%
Financing Cash Flow
-25.2M
↓ 22772.07%
Q2 FY23Q/Q Change
Operating Cash Flow
-17.7M
↓ 91.21%
Investing Cash Flow
612.0K
↑ 0.0%
Financing Cash Flow
-12.7M
↓ 49.61%
Q3 FY23Q/Q Change
Operating Cash Flow
145.4M
↓ 920.47%
Investing Cash Flow
-40.0M
↓ 6630.39%
Financing Cash Flow
-12.7M
↓ 0.17%

Technicals Summary

Sell

Neutral

Buy

Draftkings is currently in a neutral trading position according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Draftkings
Draftkings
-12.91%
41.18%
92.48%
-30.42%
320.51%
Churchill Downs Incorporated
Churchill Downs Incorporated
4.88%
10.81%
-2.79%
14.38%
161.89%
International Game Technology
International Game Technology
-4.64%
-32.62%
-27.01%
22.67%
47.77%
Light & Wonder Inc
Light & Wonder Inc
-11.95%
26.47%
59.97%
69.87%
342.95%
Super Group Sghc Ltd
Super Group Sghc Ltd
-11.76%
-14.33%
-9.37%
-63.03%
-63.64%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Draftkings
Draftkings
NA
NA
NA
-0.11
-0.74
-0.12
NA
1.78
Churchill Downs Incorporated
Churchill Downs Incorporated
21.99
21.99
2.58
5.74
0.58
0.06
0.0
12.0
International Game Technology
International Game Technology
26.53
26.53
NA
1.59
0.14
0.06
0.04
7.06
Light & Wonder Inc
Light & Wonder Inc
51.64
51.64
0.56
3.76
0.19
0.07
NA
8.5
Super Group Sghc Ltd
Super Group Sghc Ltd
30.5
30.5
NA
0.1
0.09
0.04
NA
1.14
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Draftkings
Draftkings
Buy
$19.3B
320.51%
NA
-21.88%
Churchill Downs Incorporated
Churchill Downs Incorporated
Buy
$8.9B
161.89%
21.99
16.95%
International Game Technology
International Game Technology
Buy
$4.1B
47.77%
26.53
3.95%
Light & Wonder Inc
Light & Wonder Inc
Buy
$8.1B
342.95%
51.64
5.62%
Super Group Sghc Ltd
Super Group Sghc Ltd
Buy
$1.5B
-63.64%
30.5
3.24%

Institutional Holdings

  • Vanguard Group Inc

    8.25%
  • BlackRock Inc

    4.47%
  • ARK Investment Management LLC

    2.59%
  • Wellington Management Company LLP

    2.26%
  • State Street Corporation

    1.85%
  • Sumitomo Mitsui Trust Holdings Inc

    1.61%

Corporate Announcements

  • Draftkings Earnings

    Draftkings’s price-to-earnings ratio stands at None

    Read More

Company Information

DraftKings is an American daily fantasy sports contest and sports betting company. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major American sports (MLB, the NHL, the NFL, the NBA and the PGA), Premier League and UEFA Champions League football, NASCAR auto racing, Canadian Football League, the XFL, mixed martial arts (MMA), Tennis, All Elite Wrestling (AEW), and WWE.

Organization
Draftkings
Employees
4400
CEO
Mr. Jason D. Robins
Industry
Consumer Services

FAQs