The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, DraftKings Inc (NASDAQ: DKNG) closed at $33.73 down -3.19% from its previous closing price of $34.84. In other words, the price has decreased by -$3.19 from its previous closing price. On the day, 10.63 million shares were traded.
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 26.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 83.47. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 2.20 whereas as Long-Term Debt/Eq ratio is at 2.19.
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, Bernstein on June 04, 2025, initiated with a Outperform rating and assigned the stock a target price of $46.
On April 22, 2025, BTIG Research reiterated its Buy rating and also upped its target price recommendation from $64 to $52. Susquehanna reiterated its Positive rating for the stock on January 08, 2025, while the target price for the stock was revised from $56 to $54.
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 Jun 02 ’25 when Dodge R Stanton sold 52,777 shares for $33.49 per share. The transaction valued at 1,767,549 led to the insider holds 516,563 shares of the business.
Moore Jocelyn sold 3,136 shares of DKNG for $110,638 on May 30 ’25. The Director now owns 5,947 shares after completing the transaction at $35.28 per share. On Jun 02 ’25, another insider, Dodge R Stanton, who serves as the Officer of the company, bought 52,777 shares for $34.09 each.
Stock Price History:
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 -2.71%, while the 200-Day Moving Average is calculated to be -12.44%.
Shares Statistics:
A total of 496.34M shares are outstanding, with a floating share count of 477.84M. Insiders hold about 3.72% of the company’s shares, while institutions hold 83.07% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from 6.0 analysts. The consensus estimate for the next quarter is $0.04, with high estimates of $0.08 and low estimates of $0.01.
Analysts are recommending an EPS of between $1.66 and $0.91 for the fiscal current year, implying an average EPS of $1.36. EPS for the following year is $2.06, with 12.0 analysts recommending between $2.66 and $1.12.
Revenue Estimates
A total of 24 analysts believe the company’s revenue will be $1.39B this quarter.It ranges from a high estimate of $1.42B to a low estimate of $1.38B. As of the current estimate, DraftKings Inc’s year-ago sales were $1.1BFor the next quarter, 24 analysts are estimating revenue of $1.4B. There is a high estimate of $1.52B for the next quarter, whereas the lowest estimate is $1.28B.
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 $6.17B, resulting in an average revenue estimate of $6.3B. In the same quarter a year ago, actual revenue was $4.77BBased on 30 analysts’ estimates, the company’s revenue will be $7.53B in the next fiscal year. The high estimate is $8.03B and the low estimate is $6.88B.
