Some Quick Facts About DraftKings (DKNG)

Mid-cap consumer discretionary company DraftKings has moved -0.2% this evening, reaching $31.79 per share. In contrast, the average analyst target price for the stock is $36.05.

DraftKings Inc. operates a digital sports entertainment and gaming company. The company is based in the United States.

Make Sure to Consider the Following Before Buying DraftKings:

  • DraftKings has moved 75.0% over the last year.

  • DKNG has a forward P/E ratio of -56.8 based on its EPS guidance of -0.56.

  • Over the last 3 years, earnings per share (EPS) have been growing at a compounded average rate of 8.8%.

  • The company has a price to earnings growth (PEG) ratio of -0.52.

  • Its Price to Book (P/B) ratio is 14.46

DraftKings Has an Unconvincing Cash Flow History

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2022-02-18 -419,508 -15,925 -403,583 -121.26
2021-02-26 -194,157 -11,752 -182,405 -510.56
2020-02-26 -46,578 -16,703 -29,875

DraftKings's recent cash flow history is disappointing. They've averaged $-205.29 Million over the last 3 years while displaying a coefficient of variability of 89219357.5%. During this time, they grew at a -0.0% compounded yearly rate

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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