Draftkings (DKNG)

$44.21

-0.76

(-1.69%)

Market is closed - opens 7 PM, 20 May 2024

Insights on Draftkings

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 1.23B → 1.17B (in $), with an average decrease of 4.5% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, -44.62M → -142.56M (in $), with an average decrease of 219.5% per quarter

  • Vs RSI

    In the last 1 year, Rush Street Interactive Inc has given 173.0% return, outperforming this stock by 88.6%

Performance

  • $44.20
    $45.00
    $44.21
    downward going graph

    0.03%

    Downside

    Day's Volatility :1.79%

    Upside

    1.76%

    downward going graph
  • $22.92
    $49.57
    $44.21
    downward going graph

    48.16%

    Downside

    52 Weeks Volatility :53.76%

    Upside

    10.81%

    downward going graph

Returns

PeriodDraftkingsSector (Consumer Discretionary)Index (Russel 2000)
3 Months
6.99%
-0.2%
0.0%
6 Months
14.3%
6.9%
0.0%
1 Year
84.36%
16.9%
0.0%
3 Years
-0.14%
5.7%
-20.0%

Highlights

Market Capitalization
21.4B
Book Value
$1.75
Earnings Per Share (EPS)
-1.16
Wall Street Target Price
52.35
Profit Margin
-13.45%
Operating Margin TTM
-10.58%
Return On Assets TTM
-8.68%
Return On Equity TTM
-59.24%
Revenue TTM
4.1B
Revenue Per Share TTM
8.71
Quarterly Revenue Growth YOY
52.7%
Gross Profit TTM
756.2M
EBITDA
-316.4M
Diluted Eps TTM
-1.16
Quarterly Earnings Growth YOY
0.0
EPS Estimate Current Year
-0.15
EPS Estimate Next Year
0.85
EPS Estimate Current Quarter
-0.28
EPS Estimate Next Quarter
0.04

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 18.41%

Current $44.21
Target $52.35

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%
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%
Q1 FY24Q/Q Change
Revenue
1.2B
↓ 4.54%
Net Income
-142.6M
↑ 219.51%
Net Profit Margin
-12.13%
↓ 8.5%
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%
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%
Q1 FY24Q/Q Change
Total Assets
3.8B
↓ 3.66%
Total Liabilities
3.0B
↓ 4.34%
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%
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
6.17%
14.3%
84.36%
-0.14%
351.12%
Churchill Downs Incorporated
Churchill Downs Incorporated
12.0%
10.06%
-7.53%
39.34%
175.7%
International Game Technology
International Game Technology
1.2%
-24.76%
-23.01%
-10.84%
46.35%
Light & Wonder Inc
Light & Wonder Inc
5.75%
8.14%
48.12%
52.48%
357.59%
Rush Street Interactive Inc
Rush Street Interactive Inc
41.14%
85.47%
172.96%
-31.27%
-59.91%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Draftkings
Draftkings
NA
NA
NA
-0.15
-0.59
-0.09
NA
1.75
Churchill Downs Incorporated
Churchill Downs Incorporated
29.85
29.85
2.58
6.04
0.45
0.06
0.0
11.25
International Game Technology
International Game Technology
26.88
26.88
NA
1.6
0.17
0.06
0.04
7.52
Light & Wonder Inc
Light & Wonder Inc
39.51
39.51
0.56
4.09
0.23
0.07
NA
9.28
Rush Street Interactive Inc
Rush Street Interactive Inc
NA
NA
NA
0.08
-0.22
-0.05
NA
0.74
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Draftkings
Draftkings
Buy
$21.4B
351.12%
NA
-13.45%
Churchill Downs Incorporated
Churchill Downs Incorporated
Buy
$9.9B
175.7%
29.85
13.72%
International Game Technology
International Game Technology
Buy
$4.1B
46.35%
26.88
5.31%
Light & Wonder Inc
Light & Wonder Inc
Buy
$8.5B
357.59%
39.51
7.46%
Rush Street Interactive Inc
Rush Street Interactive Inc
Buy
$1.9B
-59.91%
NA
-1.58%

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