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DraftKings (GB:0ABA)
LSE:0ABA
DraftKings (0ABA) Share Price & Analysis
2 Followers
0ABA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$25.45 - $49.52
Previous Close$36.88
Volume7.04K
Average Volume (3M)12.92K
Market Cap
$32.33B
Enterprise Value$32.48B
Total Cash (Recent Filing)$1.19B
Total Debt (Recent Filing)$1.34B
Price to Earnings (P/E)―
Beta1.87
Next Earnings
Aug 01, 2024EPS Estimate
>-$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,722
30 Day Avg. Volume12,920
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.98
Enterprise Value/Gross Profit23.66
Enterprise Value/Ebitda-196.02
Forecast
1Y Price Target
$52.17Price Target Upside41.48% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering27
DraftKings News
Bulls Say, Bears Say
Bulls Say
EarningsDraftKings has shown a 36% year-to-date handle growth, highlighting its strong performance in the digital gaming space.
Market PositionDraftKings is well-positioned to execute during NFL season where it tends to excel, with easier hold comps ahead and strong handle share growth in Q2 as positive signs.
Strategic GrowthGrowth continues through state legalizations, product development, international expansion and acquisitions such as Jackpocket.
Bears Say
Customer AcquisitionHigher customer acquisition costs are putting pressure on financial performance.
Market ShareDraftKings has seen a decline in market share for online sports betting and iCasino.
Tax IncreaseThe recent Illinois tax hike is expected to significantly impact revenue and EBITDA.
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Ownership Overview
2.61% Insiders
22.74% Mutual Funds
15.52% Other Institutional Investors
59.13% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by DraftKings
Desktop Users
Mobile Users
0ABA FAQ
What was DraftKings’s price range in the past 12 months?
DraftKings lowest share price was $25.45 and its highest was $49.52 in the past 12 months.
What is DraftKings’s market cap?
Currently, no data Available
When is DraftKings’s upcoming earnings report date?
DraftKings’s upcoming earnings report date is Aug 01, 2024 which is in 9 days.
How were DraftKings’s earnings last quarter?
DraftKings released its earnings results on May 02, 2024. The company reported -$0.3 earnings per share for the quarter, missing the consensus estimate of -$0.288 by -$0.012.
Is DraftKings overvalued?
According to Wall Street analysts DraftKings’s price is currently Undervalued.
Does DraftKings pay dividends?
DraftKings does not currently pay dividends.
What is DraftKings’s EPS estimate?
DraftKings’s EPS estimate is >-$0.01.
How many shares outstanding does DraftKings have?
DraftKings has 484,621,550 shares outstanding.
What happened to DraftKings’s price movement after its last earnings report?
DraftKings reported an EPS of -$0.3 in its last earnings report, missing expectations of -$0.288. Following the earnings report the stock price went down -1.697%.
Which hedge fund is a major shareholder of DraftKings?
Among the largest hedge funds holding DraftKings’s share is ARK Investment Management LLC. It holds DraftKings’s shares valued at 396M.
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DraftKings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$52.17 (41.48% Upside)
$52.17 (41.48% Upside)
Blogger Sentiment
Bullish
GB:0ABA Sentiment 92%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $12.6M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
18.53%
12-Months-Change
Fundamentals
Return on Equity
-59.24%
Trailing 12-Months
Asset Growth
1.64%
Trailing 12-Months
Company Description
DraftKings
DraftKings is a leading gaming and digital sports entertainment company. It offers a wide range of online products, including sports betting (known as "Sportsbook"), online casino games ("iGaming"), and daily fantasy sports ("DFS"). Additionally, it provides retail sportsbook services, media content, and various consumer products. It also designs and develops software for sports betting and casino gaming.
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0ABA Company Deck
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0ABA Earnings Call
Q1 2024
0:00 / 0:00
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0ABA Revenue Breakdown
97.05% Online gaming
0.82% Gaming software
2.13% Other
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0ABA Stock 12 Month Forecast
Average Price Target
$52.17
▲(41.48% Upside)
Technical Analysis
DraftKings
―
Penn National Gaming
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MGM Resorts
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Caesars Entertainment
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Las Vegas Sands
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Best Analysts Covering 0ABA
1 Year
1 Year Success Rate
14/17 ratings generated profit
1 Year Average Return
+66.62%
reiterated a buy rating 3 months ago
Copying Jordan Bender's trades and holding each position for 1 Year would result in 82.35% of your transactions generating a profit, with an average return of +66.62% per trade.
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