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DKNG Quote, Financials, Valuation and Earnings
Last price:
$37.56
Seasonality move
:
17.2%
Day range:
$37.53 - $38.50
52-week range:
$28.69 - $49.57
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
4.01x
P/B ratio:
17.18x
Volume:
4.4M
Avg. volume:
7.7M
1-year change:
5.95%
Market cap:
$18.5B
Revenue:
$3.7B
EPS (TTM):
-$0.90
Analysts' Opinion
-
Consensus RatingDraftKings has received a consensus rating of Buy. The company's average rating is a Buy based on 20 Buy ratings, 7 Hold ratings, and 0 Sell ratings.
-
Price Target UpsideAccording to analysts' consensus price target of $51.25, DraftKings has an estimated upside of 35.15% from its current price of $37.92.
-
Price Target DownsideAccording to analysts, the lowest downside price target is $35.00 representing 100% downside risk from its current price of $37.92.
Fair Value
-
According to the consensus of 27 analysts, DraftKings has 35.15% upside to fair value with a price target of $51.25 per share.
DKNG vs. S&P 500
-
Over the past 5 trading days, DraftKings has underperformed the S&P 500 by -4.4% suggesting its relative strength compared to the major market average is weak at this time.
Share Buyback
-
DraftKings does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.
Revenue Growth
-
DraftKings has grown year-over-year revenues for 0 quarters straight. In the most recent quarter DraftKings reported revenues of $1.1B.
Earnings Growth
-
DraftKings has grown year-over-year earnings for 0 quarters straight. In the most recent quarter DraftKings reported earnings per share of -$0.60.
Enterprise value:
18.9B
EV / Invested capital:
8.09x
Price / LTM sales:
4.01x
EV / EBIT:
--
EV / Revenue:
4.10x
PEG ratio (5yr expected):
--
EV / Free cash flow:
392.32x
Price / Operating cash flow:
383.84x
Enterprise value / EBITDA:
--
Gross Profit (TTM):
$1.8B
Return On Assets:
-10.38%
Net Income Margin (TTM):
-9.06%
Return On Equity:
-43.02%
Return On Invested Capital:
-18.75%
Operating Margin:
-27.26%
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Income Statement | ||||||
| Revenue | $1.9B | $3.3B | $4.6B | $790M | $1.1B | |
| Gross Profit | $606.6M | $1.2B | $1.8B | $246.5M | $353.1M | |
| Operating Income | -$1.6B | -$977.6M | -$513.6M | -$286.6M | -$298.6M | |
| EBITDA | -$1.4B | -$788.3M | -$222.3M | -$230.9M | -$204M | |
| Diluted EPS | -$3.44 | -$2.18 | -$0.90 | -$0.61 | -$0.60 | |
| Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $1.5B | $3B | $2.2B | $2B | $1.6B | |
| Total Assets | $2.6B | $4.3B | $4.2B | $3.9B | $4.3B | |
| Current Liabilities | $512.8M | $939.9M | $1.3B | $1.5B | $1.6B | |
| Total Liabilities | $571.9M | $2.4B | $2.8B | $3.1B | $3.2B | |
| Total Equity | $2B | $1.8B | $1.4B | $801.4M | $1.1B | |
| Total Debt | -- | $1.2B | $1.3B | $1.3B | $1.3B | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | -$649.3M | -$222.3M | $164.6M | $145.4M | $133.6M | |
| Cash From Investing | -$248.3M | -$103.8M | -$511.6M | -$40M | -$31.7M | |
| Cash From Financing | -$12.2M | -$50.4M | -$84.1M | -$12.7M | -$18.9M | |
| Free Cash Flow | -$767.9M | -$346.4M | $48.1M | $105.4M | $101.8M | |
DKNG
Sector
Market Cap
$18.5B
$485.3M
Price % of 52-Week High
76.5%
72.52%
Dividend Yield
0%
0%
Shareholder Yield
0.51%
3.55%
1-Year Price Total Return
5.95%
-12.7%
Beta (5-Year)
1.868
0.971
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years
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Technicals
8-day SMA
Sell
Level
$39.07
200-day SMA
Sell
Level
$39.48
Bollinger Bands (100)
Sell
Level
34.74 - 41.7
Chaikin Money Flow
Sell
Level
-502.2M
20-day SMA
Sell
Level
$41.22
Relative Strength Index (RSI14)
Sell
Level
37.83
ADX Line
Sell
Level
8.95
Williams %R
Buy
Level
-93.8727
50-day SMA
Sell
Level
$40.17
MACD (12, 26)
Sell
Level
-0.81
25-day Aroon Oscillator
Sell
Level
-60
On Balance Volume
Neutral
Level
140.6M
Financial Scores
Sell
Altman Z-Score
(Annual)
Level (1.5426)
Sell
CA Score
(Annual)
Level (-2.0469)
Buy
Beneish M-Score
(Annual)
Level (-2.8926)
Buy
Momentum Score
Level (8)
Sell
Ohlson Score
Level (2.9101)
Buy
Piotroski F Score
(Annual)
Level (5)
Buy
Quality Ratio Score
Level (6)
Sell
Fundamental Score
Level (4)
Revenue Forecast
Earnings per Share Forecast
Company Profile
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online or retail sports betting in about 30 states and iGaming in seven states, with both products available to around 40% of Canada's population. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.
Stock Forecast FAQ
In the current month, DKNG has received 20 Buy ratings 7 Hold ratings, and 0 Sell ratings. The DKNG average analyst price target in the past 3 months is $51.25.
-
Where Will DraftKings Stock Be In 1 Year?
According to analysts, the consensus estimate is that DraftKings share price will rise to $51.25 per share over the next 12 months.
-
What Do Analysts Say About DraftKings?
Analysts are divided on their view about DraftKings share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that DraftKings is a Sell and believe this share price will drop from its current level to $35.00.
-
What Is DraftKings's Price Target?
The price target for DraftKings over the next 1-year time period is forecast to be $51.25 according to 27 Wall Street analysts, 20 of them rate the stock a Buy, 0 rate the stock a Sell, and 7 analysts rate the stock a Hold.
-
Is DKNG A Buy, Sell Or Hold?
According to Wall Street analysts, the consensus rating for DraftKings is a Buy. 20 of 27 analysts rate the stock a Buy at this time.
-
How Can I Buy Shares Of DKNG?
You can purchase shares of DraftKings via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase DraftKings shares.
-
What Is The DraftKings Share Price Today?
DraftKings was last trading at $37.56 per share. This represents the most recent stock quote for DraftKings. Yesterday, DraftKings closed at $37.92 per share.
-
How To Buy DraftKings Stock Online?
In order to purchase DraftKings stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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