Shares of Mid-cap consumer discretionary company DraftKings moved 3.5 this afternoon, and are now trading at $29.14 per share. On the other hand, the average analyst target price for the stock is $36.17.
DraftKings Inc. operates a digital sports entertainment and gaming company.
DraftKings Investors Should Consider This:
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DraftKings has moved 107.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of -0.43. A number between 0 and 1 could mean that the market is undervaluing DraftKings's estimated growth potential
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Its Price to Book (P/B) ratio is 13.25
Understanding DraftKings's Operating Margins
Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
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2022-02-18 | 1,296,025 | -2,063,480 | -120 | 12.41 |
2021-02-26 | 614,532 | -1,111,199 | -137 | -204.44 |
2020-02-26 | 323,410 | -366,066 | -45 |
Averaging out to -100.7% over the last 3 years, DraftKings's operating margins also have a high coefficient of variability, which stands at 48.6%. The firm's margins are declining at a -38.9% compounded yearly rate.