What Should Investors Know About DraftKings (DKNG) Stock?

By Tamara Parker • Monday, November 13 16:14 • Permanent Link

Mid-cap consumer discretionary company DraftKings has moved 1.6% this evening, reaching $35.58 per share. In contrast, the average analyst target price for the stock is $36.17.

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 141.0% over the last year.
DKNG has a forward P/E ratio of -64.7 based on its EPS guidance of -0.55.
The company has a price to earnings growth (PEG) ratio of -0.43.
Its Price to Book (P/B) ratio is 20.69

DraftKings Has None

Date Reported	Cash Flow from Operations ($ k)	Capital expenditures ($ k)	Free Cash Flow ($ k)
2023	-315,429	27,594	-343,023
2022	-625,519	32,402	-657,921
2021	-419,508	15,925	-435,433
2020	-194,157	11,752	-205,909
2019	nan	nan	nan

None

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.