Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, DraftKings Inc (NASDAQ: DKNG) closed at $35.54 down -1.47% from its previous closing price of $36.07. In other words, the price has decreased by -$1.47 from its previous closing price. On the day, 9.28 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 27.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 87.95. 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, BTIG Research on April 22, 2025, Reiterated its Buy rating but revised its target price to $52 from $64 previously.
On January 08, 2025, Susquehanna reiterated its Positive rating and also upped its target price recommendation from $56 to $54.
Mizuho reiterated its Outperform rating for the stock on October 18, 2024, while the target price for the stock was revised from $54 to $62.
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 May 16 ’25 when Ellingson Alan Wayne sold 6,829 shares for $36.77 per share. The transaction valued at 251,102 led to the insider holds 171,268 shares of the business.
Ellingson Alan Wayne bought 6,829 shares of DKNG for $251,102 on May 16 ’25. On May 12 ’25, another insider, Kalish Matthew, who serves as the insider of the company, sold 210,000 shares for $37.86 each. As a result, the insider received 7,951,548 and left with 4,155,130 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.32 while its Price-to-Book (P/B) ratio in mrq is 20.21.
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 0.40%, while the 200-Day Moving Average is calculated to be -7.35%.
Shares Statistics:
A total of 496.34M shares are outstanding, with a floating share count of 477.89M. Insiders hold about 3.71% of the company’s shares, while institutions hold 83.15% stake in the company.
Earnings Estimates
The market rating of DraftKings Inc (DKNG) is currently shaped by the ongoing analysis conducted by 5.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.05, with high estimates of $0.08 and low estimates of $0.01.
Analysts are recommending an EPS of between $1.66 and $0.69 for the fiscal current year, implying an average EPS of $1.29. EPS for the following year is $2.05, with 12.0 analysts recommending between $2.66 and $1.23.
Revenue Estimates
A total of 23 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, 23 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 31 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 $6.31B. In the same quarter a year ago, actual revenue was $4.77BBased on 29 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.
