DraftKings Statistics
Total Valuation
DraftKings has a market cap or net worth of $17.90 billion. The enterprise value is $17.76 billion.
Market Cap | 17.90B |
Enterprise Value | 17.76B |
Important Dates
The next estimated earnings date is Thursday, August 1, 2024, after market close.
Earnings Date | Aug 1, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
DraftKings has 484.62 million shares outstanding. The number of shares has increased by 4.87% in one year.
Shares Outstanding | 484.62M |
Shares Change (YoY) | +4.87% |
Shares Change (QoQ) | +1.58% |
Owned by Insiders (%) | 2.40% |
Owned by Institutions (%) | 71.50% |
Float | 465.02M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | 408.11 |
PS Ratio | 4.40 |
Forward PS | 3.40 |
PB Ratio | 21.54 |
P/FCF Ratio | 619.68 |
PEG Ratio | n/a |
Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | 4.36 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | 614.88 |
Financial Position
The company has a current ratio of 1.34, with a Debt / Equity ratio of 1.62.
Current Ratio | 1.34 |
Quick Ratio | 1.25 |
Debt / Equity | 1.62 |
Debt / EBITDA | n/a |
Debt / FCF | 46.54 |
Interest Coverage | -200.69 |
Financial Efficiency
Return on equity (ROE) is -62.70% and return on invested capital (ROIC) is -24.74%.
Return on Equity (ROE) | -62.70% |
Return on Assets (ROA) | -14.40% |
Return on Capital (ROIC) | -24.74% |
Revenue Per Employee | $969,223 |
Profits Per Employee | -$130,372 |
Employee Count | 4,200 |
Asset Turnover | 1.07 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, DraftKings has paid $8.45 million in taxes.
Income Tax | 8.45M |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +40.72% in the last 52 weeks. The beta is 1.80, so DraftKings's price volatility has been higher than the market average.
Beta (5Y) | 1.80 |
52-Week Price Change | +40.72% |
50-Day Moving Average | 40.47 |
200-Day Moving Average | 38.01 |
Relative Strength Index (RSI) | 40.50 |
Average Volume (20 Days) | 10,571,203 |
Short Selling Information
The latest short interest is 20.25 million, so 4.18% of the outstanding shares have been sold short.
Short Interest | 20.25M |
Short Previous Month | 21.32M |
Short % of Shares Out | 4.18% |
Short % of Float | 4.36% |
Short Ratio (days to cover) | 1.87 |
Income Statement
In the last 12 months, DraftKings had revenue of $4.07 billion and -$547.56 million in losses. Loss per share was -$1.17.
Revenue | 4.07B |
Gross Profit | 1.59B |
Operating Income | -538.28M |
Pretax Income | -539.11M |
Net Income | -547.56M |
EBITDA | -329.55M |
EBIT | -536.44M |
Loss Per Share | -$1.17 |
Balance Sheet
The company has $1.48 billion in cash and $1.34 billion in debt, giving a net cash position of $138.65 million or $0.29 per share.
Cash & Cash Equivalents | 1.48B |
Total Debt | 1.34B |
Net Cash | 138.65M |
Net Cash Per Share | $0.29 |
Equity (Book Value) | 830.98M |
Book Value Per Share | 1.71 |
Working Capital | 496.36M |
Cash Flow
In the last 12 months, operating cash flow was $129.35 million and capital expenditures -$100.46 million, giving a free cash flow of $28.89 million.
Operating Cash Flow | 129.35M |
Capital Expenditures | -100.46M |
Free Cash Flow | 28.89M |
FCF Per Share | $0.06 |
Margins
Gross margin is 39.06%, with operating and profit margins of -13.22% and -13.45%.
Gross Margin | 39.06% |
Operating Margin | -13.22% |
Pretax Margin | -13.24% |
Profit Margin | -13.45% |
EBITDA Margin | -8.10% |
EBIT Margin | -13.18% |
FCF Margin | 0.71% |
Dividends & Yields
DraftKings does not appear to pay any dividends at this time.
Dividend Per Share | n/a |
Dividend Yield | n/a |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | -4.87% |
Shareholder Yield | -4.87% |
Earnings Yield | -3.06% |
FCF Yield | 0.16% |
Analyst Forecast
The average price target for DraftKings is $49.11, which is 32.95% higher than the current price. The consensus rating is "Strong Buy".
Price Target | $49.11 |
Price Target Difference | 32.95% |
Analyst Consensus | Strong Buy |
Analyst Count | 28 |
Revenue Growth Forecast (5Y) | 8.88% |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
Last Split Date | May 5, 2022 |
Split Type | n/a |
Split Ratio | 1:1 |
Scores
DraftKings has an Altman Z-Score of 2.14 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 2.14 |
Piotroski F-Score | 4 |