Mid-cap Consumer Discretionary company DraftKings has logged a -1.3% change today on a trading volume of 737,226. The average volume for the stock is 12,305,538.
DraftKings Inc. operates a digital sports entertainment and gaming company. Based in Boston, United States the company has 4,200 full time employees and a market cap of $13,403,351,040.
The company is now trading -17.77% away from its average analyst target price of $35.29 per share. The 29 analysts following the stock have set target prices ranging from $22.5 to $44.0, and on average give DraftKings a rating of buy.
Over the last 52 weeks, DKNG stock has risen 40.0%, which amounts to a 35.0% difference compared to the S&P 500. The stock's 52 week high is $34.49 whereas its 52 week low is $10.69 per share. With its net margins declining an average -8.7% over the last 4 years, DraftKings may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 2,240,461 | -1,377,987 | -61.5 | 47.67 |
| 2021-12-31 | 1,296,025 | -1,523,195 | -117.53 | 14.45 |
| 2020-12-31 | 614,532 | -844,270 | -137.38 | -211.31 |
| 2019-12-31 | 323,410 | -142,734 | -44.13 | n/a |
