Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, DraftKings Inc (NASDAQ: DKNG) closed at $36.91 down -4.70% from its previous closing price of $38.73. In other words, the price has decreased by -$4.70 from its previous closing price. On the day, 7.76 million shares were traded. DKNG stock price reached its highest trading level at $38.84 during the session, while it also had its lowest trading level at $36.56.
Ratios:
For a deeper understanding of DraftKings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 40.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 79.96. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.31.
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, Susquehanna on January 08, 2025, Reiterated its Positive rating but revised its target price to $54 from $56 previously.
On October 18, 2024, Mizuho reiterated its Outperform rating and also lowered its target price recommendation from $54 to $62.
Susquehanna reiterated its Positive rating for the stock on October 07, 2024, while the target price for the stock was revised from $48 to $50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 17 ’25 when Dodge R Stanton sold 52,777 shares for $39.00 per share. The transaction valued at 2,058,303 led to the insider holds 653,843 shares of the business.
Dodge R Stanton sold 52,777 shares of DKNG for $1,985,509 on Mar 14 ’25. The Chief Legal Officer now owns 706,620 shares after completing the transaction at $37.62 per share. On Mar 17 ’25, another insider, Dodge R Stanton, who serves as the Officer of the company, bought 52,777 shares for $39.00 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 18084276224 and an Enterprise Value of 18631079936. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.84 while its Price-to-Book (P/B) ratio in mrq is 17.86. Its current Enterprise Value per Revenue stands at 3.908 whereas that against EBITDA is -59.761.
Stock Price History:
The Beta on a monthly basis for DKNG is 2.10, which has changed by -0.2022909 over the last 52 weeks, in comparison to a change of 0.07465422 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 $28.69. The 50-Day Moving Average of the stock is -11.66%, while the 200-Day Moving Average is calculated to be -5.17%.
Shares Statistics:
For the past three months, DKNG has traded an average of 10.23M shares per day and 11328930 over the past ten days. A total of 489.07M shares are outstanding, with a floating share count of 470.15M. Insiders hold about 4.04% of the company’s shares, while institutions hold 80.60% stake in the company. Shares short for DKNG as of 1740700800 were 23793331 with a Short Ratio of 2.33, compared to 1738281600 on 22135950. Therefore, it implies a Short% of Shares Outstanding of 23793331 and a Short% of Float of 4.9799999999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
