- Previous Close
35.69 - Open
35.47 - Bid 35.77 x 2000
- Ask 35.89 x 1900
- Day's Range
35.10 - 36.25 - 52 Week Range
28.69 - 49.57 - Volume
3,461,196 - Avg. Volume
8,587,446 - Market Cap (intraday)
17.397B - Beta (5Y Monthly) 1.80
- PE Ratio (TTM)
-- - EPS (TTM)
-0.87 - Earnings Date Nov 7, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date --
- 1y Target Est
50.00
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. In addition, it offers DraftKings marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions. The company was founded in 2012 and is headquartered in Boston, Massachusetts.
www.draftkings.comRecent News: DKNG
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Performance Overview: DKNG
Trailing total returns as of 11/4/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: DKNG
View MoreValuation Measures
Market Cap
17.33B
Enterprise Value
17.86B
Trailing P/E
--
Forward P/E
29.41
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
3.91
Price/Book (mrq)
13.35
Enterprise Value/Revenue
4.15
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
-9.45%
Return on Assets (ttm)
-7.51%
Return on Equity (ttm)
-35.09%
Revenue (ttm)
4.3B
Net Income Avi to Common (ttm)
-406.47M
Diluted EPS (ttm)
-0.87
Balance Sheet and Cash Flow
Total Cash (mrq)
815.88M
Total Debt/Equity (mrq)
103.57%
Levered Free Cash Flow (ttm)
362.52M
Research Analysis: DKNG
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Research Reports: DKNG
View MoreDraftKings: We Have Upgraded Our Moat to Narrow and Raised Our Fair Value Estimate by 4%
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 27 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.
RatingPrice TargetThe Argus Mid-Cap Model Portfolio
Small- and mid-cap stocks (SMID), despite bursts of outperformance, have underperformed large-caps year to date - as they have over the past five years. But they may be in a better position to generate market-beating returns going forward. SMID companies tend to focus on domestic markets, so their businesses could be less disrupted by the fallout from unrest in the Middle East, the Russian invasion of Ukraine, issues in China, or other geopolitical developments. As well, the prices of SMID stocks generally are lower than the prices of large-caps. SMID stocks can be risky, but despite those risks, diversified investors look to have exposure to small- and mid-caps based on the long-term performance record. We estimate that 20% of the U.S. stock market's capitalization is comprised of SMID stocks.
DraftKings: We Have Upgraded Our Moat to Narrow and Raised Our Fair Value Estimate by 4%
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 27 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.
RatingPrice TargetDraftKings: We Have Upgraded Our Moat to Narrow and Raised Our Fair Value Estimate by 4%
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 27 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.
RatingPrice Target