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DraftKings (DE:IK1)
FRANKFURT:IK1
Holding DE:IK1?
Track your performance easily
IK1 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€24.70 - €46.20
Previous Close€33.93
Volume0.00
Average Volume (3M)126.00
Market Cap
€30.57B
Enterprise Value€31.05B
Total Cash (Recent Filing)$815.88M
Total Debt (Recent Filing)$1.34B
Price to Earnings (P/E)―
Beta1.31
Next Earnings
Nov 01, 2024EPS Estimate
-€0.38Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding485,530,405
10 Day Avg. Volume14
30 Day Avg. Volume126
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)12.71
Price to Sales (P/S)4.32
Price to Cash Flow (P/CF)158.10
P/FCF Ratio835.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.22
Enterprise Value/Gross Profit22.61
Enterprise Value/Ebitda-312.21
Forecast
1Y Price Target
€44.54Price Target Upside31.27% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering29
DraftKings News
Bulls Say, Bears Say
Bulls Say
Competitive PositionDraftKings and FanDuel continue to dominate market share.
Financial PerformanceApplying similar revenue growth and EBITDA flow-through trajectories to DraftKings Inc. suggests strong future financial performance.
Market OpportunityThe US Total Addressable Market (TAM) for DraftKings is likely larger than previously anticipated.
Bears Say
Financial PerformanceDraftKings missed its 2Q24 adjusted EBITDA guidance by $22 million and cut the midpoint of its guidance range by $120 million.
Market CompetitionFanDuel could market against DraftKings and gain more share from new customers irrespective of whether it leads to more EBITDA, which would be negative for DraftKings shares.
Strategic ChallengesThe industry is in too early a stage to be taking adversarial stances against states, particularly those where DraftKings is lobbying to pass iGaming.
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Ownership Overview
2.18% Insiders
24.53% Mutual Funds
0.26% Other Institutional Investors
59.90% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by DraftKings
Desktop Users
Mobile Users
IK1 FAQ
What was DraftKings’s price range in the past 12 months?
DraftKings lowest stock price was €24.70 and its highest was €46.20 in the past 12 months.
What is DraftKings’s market cap?
Currently, no data Available
When is DraftKings’s upcoming earnings report date?
DraftKings’s upcoming earnings report date is Nov 01, 2024 which is in 19 days.
How were DraftKings’s earnings last quarter?
DraftKings released its earnings results on Aug 02, 2024. The company reported €0.109 earnings per share for the quarter, beating the consensus estimate of -€0.008 by €0.117.
Is DraftKings overvalued?
According to Wall Street analysts DraftKings’s price is currently Undervalued.
Does DraftKings pay dividends?
DraftKings does not currently pay dividends.
What is DraftKings’s EPS estimate?
DraftKings’s EPS estimate is -€0.38.
How many shares outstanding does DraftKings have?
DraftKings has 485,530,400 shares outstanding.
What happened to DraftKings’s price movement after its last earnings report?
DraftKings reported an EPS of €0.109 in its last earnings report, beating expectations of -€0.008. Following the earnings report the stock price went down -11.392%.
Which hedge fund is a major shareholder of DraftKings?
Among the largest hedge funds holding DraftKings’s share is ARK Investment Management LLC. It holds DraftKings’s shares valued at 236M.
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DraftKings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
€44.54 (31.27% Upside)
€44.54 (31.27% Upside)
Blogger Sentiment
Bullish
DE:IK1 Sentiment 92%
Sector Average 65%
Sector Average 65%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
25.66%
12-Months-Change
Fundamentals
Return on Equity
-35.09%
Trailing 12-Months
Asset Growth
16.97%
Trailing 12-Months
Company Description
DraftKings
DraftKings is a leading gaming and digital sports entertainment company. It offers a wide range of online products, including sports betting (known as "Sportsbook"), online casino games ("iGaming"), and daily fantasy sports ("DFS"). Additionally, it provides retail sportsbook services, media content, and various consumer products. It also designs and develops software for sports betting and casino gaming.
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IK1 Company Deck
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IK1 Earnings Call
Q2 2024
0:00 / 0:00
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IK1 Revenue Breakdown
97.05% Online gaming
0.82% Gaming software
2.13% Other
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IK1 Stock 12 Month Forecast
Average Price Target
€44.54
▲(31.27% Upside)
Technical Analysis
DraftKings
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Penn National Gaming
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MGM Resorts
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Caesars Entertainment
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Las Vegas Sands
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Best Analysts Covering IK1
1 Year
1 Year Success Rate
15/18 ratings generated profit
1 Year Average Return
+63.82%
reiterated a buy rating 2 months ago
Copying Jordan Bender's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +63.82% per trade.
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