Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of DraftKings Inc (NASDAQ: DKNG) was $47.18 for the day, up 2.36% from the previous closing price of $46.09. In other words, the price has increased by $2.36 from its previous closing price. On the day, 6.72 million shares were traded. DKNG stock price reached its highest trading level at $47.3762 during the session, while it also had its lowest trading level at $45.802.
Ratios:
Our analysis of DKNG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.66. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 1.89 whereas as Long-Term Debt/Eq ratio is at 1.88.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on July 01, 2025, Reiterated its Buy rating but revised its target price to $58 from $55 previously.
On June 23, 2025, JP Morgan started tracking the stock assigning a Overweight rating and target price of $50.
On June 04, 2025, Bernstein started tracking the stock assigning a Outperform rating and target price of $46.Bernstein initiated its Outperform rating on June 04, 2025, with a $46 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 19 ’25 when Ellingson Alan Wayne sold 44,693 shares for $44.90 per share. The transaction valued at 2,006,716 led to the insider holds 128,131 shares of the business.
Moore Ryan R bought 76,390 shares of DKNG for $3,505,000 on Aug 21 ’25. On Aug 19 ’25, another insider, Ellingson Alan Wayne, who serves as the Officer of the company, bought 44,693 shares for $44.89 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DKNG now has a Market Capitalization of 23423455232 and an Enterprise Value of 24071432192. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.33 while its Price-to-Book (P/B) ratio in mrq is 23.18. Its current Enterprise Value per Revenue stands at 4.45 whereas that against EBITDA is -778.809.
Stock Price History:
The Beta on a monthly basis for DKNG is 1.73, which has changed by 0.34454262 over the last 52 weeks, in comparison to a change of 0.1513431 over the same period for the S&P500. Over the past 52 weeks, DKNG has reached a high of $53.61, while it has fallen to a 52-week low of $29.64. The 50-Day Moving Average of the stock is 9.35%, while the 200-Day Moving Average is calculated to be 17.94%.
Shares Statistics:
DKNG traded an average of 9.52M shares per day over the past three months and 8373410 shares per day over the past ten days. A total of 496.05M shares are outstanding, with a floating share count of 477.88M. Insiders hold about 3.75% of the company’s shares, while institutions hold 83.92% stake in the company. Shares short for DKNG as of 1753920000 were 33462711 with a Short Ratio of 3.52, compared to 1751241600 on 29122270. Therefore, it implies a Short% of Shares Outstanding of 33462711 and a Short% of Float of 6.909999999999999.
Earnings Estimates
The performance of DraftKings Inc (DKNG) in the stock market is under the watchful eye of 9.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.65, with high estimates of $0.85 and low estimates of $0.35.
Analysts are recommending an EPS of between $1.66 and $0.7 for the fiscal current year, implying an average EPS of $1.27. EPS for the following year is $2.0, with 13.0 analysts recommending between $2.51 and $1.15.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 25 analysts. It ranges from a high estimate of $1.51B to a low estimate of $1.32B. As of the current estimate, DraftKings Inc’s year-ago sales were $1.1BFor the next quarter, 25 analysts are estimating revenue of $2.06B. There is a high estimate of $2.16B for the next quarter, whereas the lowest estimate is $1.91B.
A total of 32 analysts have provided revenue estimates for DKNG’s current fiscal year. The highest revenue estimate was $6.49B, while the lowest revenue estimate was $6.2B, resulting in an average revenue estimate of $6.38B. In the same quarter a year ago, actual revenue was $4.77BBased on 32 analysts’ estimates, the company’s revenue will be $7.57B in the next fiscal year. The high estimate is $8.03B and the low estimate is $7.25B.
