DraftKings Inc. (DKNG)
DraftKings Statistics
Share Statistics
DraftKings has 489.96M shares outstanding. The number of shares has increased by 2.96% in one year.
| Shares Outstanding | 489.96M |
| Shares Change (YoY) | 2.96% |
| Shares Change (QoQ) | 0.43% |
| Owned by Institutions (%) | 76.17% |
| Shares Floating | 472.05M |
| Failed to Deliver (FTD) Shares | 300 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 22.51M, so 4.62% of the outstanding shares have been sold short.
| Short Interest | 22.51M |
| Short % of Shares Out | 4.62% |
| Short % of Float | 4.79% |
| Short Ratio (days to cover) | 2.65 |
Valuation Ratios
The PE ratio is -35.34 and the forward PE ratio is 30.9. DraftKings 's PEG ratio is 0.9.
| PE Ratio | -35.34 |
| Forward PE | 30.9 |
| PS Ratio | 3.76 |
| Forward PS | 2.3 |
| PB Ratio | 17.74 |
| P/FCF Ratio | 43.99 |
| PEG Ratio | 0.9 |
Enterprise Valuation
DraftKings Inc. has an Enterprise Value (EV) of 16.37B.
| EV / Earnings | -32.27 |
| EV / Sales | 3.43 |
| EV / EBITDA | -52.51 |
| EV / EBIT | -26.88 |
| EV / FCF | 40.16 |
Financial Position
The company has a current ratio of 0.93, with a Debt / Equity ratio of 1.32.
| Current Ratio | 0.93 |
| Quick Ratio | 0.93 |
| Debt / Equity | 1.32 |
| Total Debt / Capitalization | 56.92 |
| Cash Flow / Debt | 0.31 |
| Interest Coverage | -205.81 |
Financial Efficiency
Return on equity (ROE) is -0.5% and return on capital (ROIC) is -22.18%.
| Return on Equity (ROE) | -0.5% |
| Return on Assets (ROA) | -0.12% |
| Return on Capital (ROIC) | -22.18% |
| Revenue Per Employee | 934.84K |
| Profits Per Employee | -99.47K |
| Employee Count | 5.10K |
| Asset Turnover | 1.11 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -86.34M |
| Effective Tax Rate | 0.15 |
Stock Price Statistics
The stock price has increased by 21.25% in the last 52 weeks. The beta is 1.92, so DraftKings 's price volatility has been higher than the market average.
| Beta | 1.92 |
| 52-Week Price Change | 21.25% |
| 50-Day Moving Average | 41.3 |
| 200-Day Moving Average | 39.05 |
| Relative Strength Index (RSI) | 72.4 |
| Average Volume (20 Days) | 8.77M |
Income Statement
In the last 12 months, DraftKings had revenue of 4.77B and earned -507.29M in profits. Earnings per share was -1.05.
| Revenue | 4.77B |
| Gross Profit | 1.82B |
| Operating Income | -609.00M |
| Net Income | -507.29M |
| EBITDA | -311.76M |
| EBIT | -609.00M |
| Earnings Per Share (EPS) | -1.05 |
Balance Sheet
The company has 788.29M in cash and 1.34B in debt, giving a net cash position of -546.79M.
| Cash & Cash Equivalents | 788.29M |
| Total Debt | 1.34B |
| Net Cash | -546.79M |
| Retained Earnings | -6.44B |
| Total Assets | 4.28B |
| Working Capital | -121.23M |
Cash Flow
In the last 12 months, operating cash flow was 417.77M and capital expenditures -10.18M, giving a free cash flow of 407.59M.
| Operating Cash Flow | 417.77M |
| Capital Expenditures | -10.18M |
| Free Cash Flow | 407.59M |
| FCF Per Share | 0.85 |
Margins
Gross margin is 38.11%, with operating and profit margins of -12.77% and -10.64%.
| Gross Margin | 38.11% |
| Operating Margin | -12.77% |
| Pretax Margin | -12.44% |
| Profit Margin | -10.64% |
| EBITDA Margin | -6.54% |
| EBIT Margin | -12.77% |
| FCF Margin | 8.55% |
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 | -2.13% |
| FCF Yield | 1.68% |
Analyst Forecast
The average price target for DKNG is $55, which is 11.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $55 |
| Price Target Difference | 11.3% |
| Analyst Consensus | Buy |
| Analyst Count | 25 |
Scores
| Altman Z-Score | 3.08 |
| Piotroski F-Score | 3 |