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DraftKings (DKNG)
NASDAQ:DKNG
DraftKings (DKNG) Stock Price & Analysis
8,411 Followers
DKNG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.52 - $26.41
Previous Close$24.43
Volume12.49M
Average Volume (3M)11.77M
Market Cap
$20.88B
Enterprise Value$20.90B
Total Cash (Recent Filing)$1.31B
Total Debt (Recent Filing)$1.32B
Price to Earnings (P/E)-8.4
Beta2.61
Next Earnings
Aug 04, 2023EPS Estimate
-$0.28Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.91
Shares Outstanding801,684,214
10 Day Avg. Volume15,277,439
30 Day Avg. Volume11,765,657
Standard Deviation0.26
R-Squared0.14
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)-54.93
Price to Sales (P/S)21.09
Price to Cash Flow (P/CF)-31.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.33
Enterprise Value/Gross Profit27.64
Enterprise Value/Ebitda-15.57
Forecast
1Y Price Target
$27.56Price Target Upside10.59% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering27
DraftKings News
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Product Insights
The estimated number of people who visited one or more of the websites owned by DraftKings
Desktop Users
Mobile Users
DKNG FAQ
What was DraftKings’s price range in the past 12 months?
DraftKings lowest stock price was $10.52 and its highest was $26.41 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 Aug 04, 2023 which is in 62 days.
How were DraftKings’s earnings last quarter?
DraftKings released its earnings results on May 04, 2023. The company reported -$0.87 earnings per share for the quarter, beating the consensus estimate of -$0.877 by $0.007.
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 -$0.28.
How many shares outstanding does DraftKings have?
DraftKings has 461,865,800 shares outstanding.
What happened to DraftKings’s price movement after its last earnings report?
DraftKings reported an EPS of -$0.87 in its last earnings report, beating expectations of -$0.877. Following the earnings report the stock price went up 15.345%.
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 463M.
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DraftKings Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$27.56 (10.59% Upside)
$27.56 (10.59% Upside)
Blogger Sentiment
Bullish
DKNG Sentiment 66%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 2.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $112.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 0.2%
Last 30 Days ▲ 0.2%
News Sentiment
Neutral
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
80.82%
12-Months-Change
Fundamentals
Return on Equity
-108.80%
Trailing 12-Months
Asset Growth
-0.19%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
DraftKings
Diamond Eagle Acquisition Corp. operates as a blank check company that intent for a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on March 27, 2019 and is headquartered in Los Angeles, CA.
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Top 5 ETFs holding DKNG
Vanguard Total Stock Market ETF
$261.48M
iShares Russell 1000 Growth ETF
$26.46M
iShares Core S&P Total U.S. Stock Market ETF
$10.85M
Schwab U.S. Large-Cap Growth ETF
$9.85M
Vanguard Consumer Discretionary ETF
$8.85M
Up to five ETFs with an Outperform Smart Score that hold DKNG. The ETFs are listed according to market value of DKNG within the ETF
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