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DraftKings (GB:0ABA)
LSE:0ABA
Holding GB:0ABA?
Track your performance easily
0ABA Stock Chart & Stats
Day’s Range― - ―
52-Week Range$27.65 - $49.52
Previous CloseN/A
Volume6.00K
Average Volume (3M)6.03K
Market Cap
$36.41B
Enterprise Value$19.51B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.66
Next Earnings
Feb 13, 2025EPS Estimate
-0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.87
Shares Outstanding487,627,750
10 Day Avg. Volume5,971
30 Day Avg. Volume6,028
Standard Deviation0.16
R-Squared0.09
Alpha0.04
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.38
Price to Cash Flow (P/CF)37.70
P/FCF Ratio48.50
Enterprise Value/Market Cap0.54
Enterprise Value/Revenue4.24
Enterprise Value/Gross Profit14.21
Enterprise Value/Ebitda-25.97
Forecast
1Y Price Target
$51.88Price Target Upside24.71% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering28
DraftKings News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRevenue growth was robust thanks to a significant increase in active customers and lower customer acquisition costs, which boosted EBITDA margin.
Market ExpansionDraftKings expects the US iGaming market to expand with an additional 15-20% of the US population covered, with New York potentially adding ~$1B of incremental GGR.
Strategic InitiativesDraftKings is likely to remain one of the top two US operators alongside FanDuel, supported by recent mergers and acquisitions aimed at lowering customer acquisition costs and enhancing the domestic product.
Bears Say
Financial PerformanceSkepticism exists on whether DKNG can reach its FY25 $900m-1b EBITDA guide.
Revenue GuidanceThe revenue guidance for 2024 has been lowered due to customer-friendly sports outcomes impacting the financial results.
Tax ImpactA ~200 bps step-up in state taxes leaves gross margins at the low end of DraftKings' target range.
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Ownership Overview
2.04% Insiders
27.80% Mutual Funds
0.06% Other Institutional Investors
56.52% 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 $27.65 and its highest was $49.52 in the past 12 months.
What is DraftKings’s market cap?
DraftKings’s market cap is $36.41B.
When is DraftKings’s upcoming earnings report date?
DraftKings’s upcoming earnings report date is Feb 13, 2025 which is in 13 days.
How were DraftKings’s earnings last quarter?
DraftKings released its earnings results on Nov 07, 2024. The company reported -$0.6 earnings per share for the quarter, missing the consensus estimate of -$0.411 by -$0.189.
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 -0.1.
How many shares outstanding does DraftKings have?
DraftKings has 487,627,750 shares outstanding.
What happened to DraftKings’s price movement after its last earnings report?
DraftKings reported an EPS of -$0.6 in its last earnings report, missing expectations of -$0.411. Following the earnings report the stock price went up 1.711%.
Which hedge fund is a major shareholder of DraftKings?
Currently, no hedge funds are holding shares in GB:0ABA
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DraftKings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$51.88 (24.71% Upside)
$51.88 (24.71% Upside)
Blogger Sentiment
Bullish
GB:0ABA Sentiment 88%
Sector Average 64%
Sector Average 64%
Insider Transactions
Sold Shares
Worth $137.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.48%
12-Months-Change
Fundamentals
Return on Equity
-44.43%
Trailing 12-Months
Asset Growth
10.66%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
DraftKings demonstrated strong revenue growth and customer acquisition efficiency, coupled with product enhancements and optimistic guidance for 2025. However, the company faced challenges with customer-friendly NFL outcomes affecting short-term financials and the impact of the Illinois tax increase. Despite these challenges, the focus on long-term growth and product innovation remains positive.Read More>---
0ABA Revenue Breakdown
98.10% U.S.
1.90% International
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0ABA Stock 12 Month Forecast
Average Price Target
$51.88
▲(24.71% Upside)
Technical Analysis
MGM Resorts
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Penn National Gaming
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Caesars Entertainment
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GAN
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Rush Street Interactive
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Best Analysts Covering 0ABA
1 Year
1 Year Success Rate
15/16 ratings generated profit
1 Year Average Return
+39.82%
reiterated a buy rating last month
Copying Clark Lampen's trades and holding each position for 1 Year would result in 93.75% of your transactions generating a profit, with an average return of +39.82% per trade.
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