NASDAQ: DKNGDraftkings Inc Stock
$46.15+2.02 (+4.58%)
Updated May 15, 2024
DKNG Price
$46.15
Fair Value Price
N/A
Market Cap
$21.98B
52 Week Low
$22.65
52 Week High
$49.57
P/E
-39.44x
P/B
26.45x
P/S
5.28x
PEG
N/A
Dividend Yield
N/A
Revenue
$4.07B
Earnings
-$547.56M
Gross Margin
39.1%
Operating Margin
-13.18%
Profit Margin
-13.5%
Debt to Equity
3.57
Operating Cash Flow
$129M
Beta
1.4
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A
DKNG Overview
DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions, as well as owns Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.
Zen Score
–
Industry Average (33)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how DKNG scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.
Due Diligence Checks
DKNG is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
DKNG is poor value based on its book value relative to its share price (26.45x), compared to the US Gambling industry average (9.18x)
P/B vs Industry Valuation
DKNG is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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DKNG News
Valuation
DKNG price to earnings (PE)
For valuing profitable companies with steady earnings
Company
-39.44x
Industry
-2.25x
Market
31.36x
DKNG price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
26.45x
Industry
9.18x
DKNG is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation
DKNG's financial health
Profit margin
Revenue
$1.2B
Net Income
-$142.6M
Profit Margin
-12.1%
DKNG's Earnings (EBIT) of -$536.44M... subscribe to Premium to read more.
Interest Coverage Financials
DKNG's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$3.8B
Liabilities
$3.0B
Debt to equity
3.57
DKNG's short-term assets ($1.94B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
DKNG's short-term assets ($1.94B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
DKNG's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
DKNG's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
-$70.4M
Investing
-$39.2M
Financing
-$30.6M
DKNG's operating cash flow ($129.35M)... subscribe to Premium to read more.
Debt Coverage Financials
DKNG vs Gambling Stocks
Draftkings Stock FAQ
Company
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.