DraftKings Statistics
Share Statistics
DraftKings has 487.63M shares outstanding. The number of shares has increased by 4.14% in one year.
| Shares Outstanding | 487.63M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0.19% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 469.68M |
| Failed to Deliver (FTD) Shares | 14.30K |
| FTD / Avg. Volume | 0.17% |
Short Selling Information
The latest short interest is 24.40M, so 5% of the outstanding shares have been sold short.
| Short Interest | 24.40M |
| Short % of Shares Out | 5% |
| Short % of Float | 5.2% |
| Short Ratio (days to cover) | 3.47 |
Valuation Ratios
The PE ratio is -20.33 and the forward PE ratio is 73.18.
| PE Ratio | -20.33 |
| Forward PE | 73.18 |
| PS Ratio | 4.45 |
| Forward PS | 3.1 |
| PB Ratio | 19.41 |
| P/FCF Ratio | -141.63 |
| PEG Ratio | n/a |
Enterprise Valuation
DraftKings Inc. has an Enterprise Value (EV) of 16.37B.
| EV / Earnings | -20.41 |
| EV / Sales | 4.47 |
| EV / EBITDA | -27.9 |
| EV / EBIT | -20.74 |
| EV / FCF | -142.18 |
Financial Position
The company has a current ratio of 1.34, with a Debt / Equity ratio of 1.51.
| Current Ratio | 1.34 |
| Quick Ratio | 1.34 |
| Debt / Equity | 1.51 |
| Total Debt / Capitalization | 60.09 |
| Cash Flow / Debt | 0 |
| Interest Coverage | -294.6 |
Financial Efficiency
Return on equity (ROE) is -0.95% and return on capital (ROIC) is -36.56%.
| Return on Equity (ROE) | -0.95% |
| Return on Assets (ROA) | -0.2% |
| Return on Capital (ROIC) | -36.56% |
| Revenue Per Employee | 833.04K |
| Profits Per Employee | -182.31K |
| Employee Count | 4.40K |
| Asset Turnover | 0.93 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 10.17M |
| Effective Tax Rate | -0.01 |
Stock Price Statistics
The stock price has increased by 12.7% in the last 52 weeks. The beta is 1.82, so DraftKings 's price volatility has been higher than the market average.
| Beta | 1.82 |
| 52-Week Price Change | 12.7% |
| 50-Day Moving Average | 39.95 |
| 200-Day Moving Average | 39.63 |
| Relative Strength Index (RSI) | 47.15 |
| Average Volume (20 Days) | 8.54M |
Income Statement
In the last 12 months, DraftKings had revenue of $3.67B and earned -$802.14M in profits. Earnings per share was $-1.73.
| Revenue | 3.67B |
| Gross Profit | 1.37B |
| Operating Income | -789.23M |
| Net Income | -802.14M |
| EBITDA | -586.65M |
| EBIT | -789.23M |
| Earnings Per Share (EPS) | -1.73 |
Balance Sheet
The company has $1.27B in cash and $1.35B in debt, giving a net cash position of -$75.58M.
| Cash & Cash Equivalents | 1.27B |
| Total Debt | 1.35B |
| Net Cash | -75.58M |
| Retained Earnings | -5.93B |
| Total Assets | 4.27B |
| Working Capital | -2.84M |
Cash Flow
In the last 12 months, operating cash flow was -$1.75M and capital expenditures -$113.39M, giving a free cash flow of -$115.14M.
| Operating Cash Flow | -1.75M |
| Capital Expenditures | -113.39M |
| Free Cash Flow | -115.14M |
| FCF Per Share | -0.25 |
Margins
Gross margin is 37.46%, with operating and profit margins of -21.53% and -21.88%.
| Gross Margin | 37.46% |
| Operating Margin | -21.53% |
| Pretax Margin | -21.59% |
| Profit Margin | -21.88% |
| EBITDA Margin | -16.01% |
| EBIT Margin | -21.53% |
| FCF Margin | -3.14% |
Dividends & Yields
DKNG does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -4.34% |
| FCF Yield | -0.59% |
Analyst Forecast
The average price target for DKNG is $52, which is 30.5% higher than the current price. The consensus rating is "Buy".
| Price Target | $52 |
| Price Target Difference | 30.5% |
| Analyst Consensus | Buy |
| Analyst Count | 25 |
Scores
| Altman Z-Score | 2.43 |
| Piotroski F-Score | 4 |