DraftKings Inc Ordinary Shares - Class A DKNG
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if DKNG is a good fit for your portfolio.
News
-
DraftKings and FanDuel parent hit by Illinois sports-tax legislation
-
DraftKings, FanDuel Owner's Stocks Drop as Illinois Looks to Raise Sports-Betting Tax
-
Gambling-software company Games Global valued at about $2 billion in IPO
-
DraftKings posts surge in revenue, hikes full-year sales guidance
-
The bulls still have what it takes to pull stocks back up
-
DraftKings is showing this 'powerful sign' that could help boost its stock 20%
-
DraftKings benefits from a 'gift that keeps on giving.' Its stock has a new fan.
-
Why DraftKings made $8 million and BetMGM lost nearly $5 million on Super Bowl bets in New York
Trading Information
- Previous Close Price
- €716.00
- Day Range
- €715.99–716.00
- 52-Week Range
- €411.00–821.00
- Bid/Ask
- €696.01 / €723.99
- Market Cap
- €346.99 Bil
- Volume/Avg
- 30 / 1,723
Key Statistics
- Price/Earnings (Normalized)
- 375.42
- Price/Sales
- 4.74
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- 0.43%
Company Profile
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online or retail sports betting in 27 states and iGaming in seven states, with both products available to around 40% of Canada's population. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.
- Sector
- Consumer Cyclical
- Industry
- Gambling
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 4,400
- Website
- https://www.draftkings.com
Competitors
Valuation
|
Metric
|
DKNG
|
MGM
|
CZR
|
|---|---|---|---|
Price/Earnings (Normalized) | 375.42 | 13.15 | 135.91 |
Price/Book Value | 24.67 | 3.63 | 1.77 |
Price/Sales | 4.74 | 0.82 | 0.68 |
Price/Cash Flow | 190.98 | 5.15 | 4.54 |
Price/Earnings
DKNG
MGM
CZR
Financial Strength
|
Metric
|
DKNG
|
MGM
|
CZR
|
|---|---|---|---|
Quick Ratio | 1.05 | 1.23 | 0.50 |
Current Ratio | 1.34 | 1.51 | 0.69 |
Interest Coverage | −223.67 | 3.66 | 0.99 |
Quick Ratio
DKNG
MGM
CZR
Profitability
|
Metric
|
DKNG
|
MGM
|
CZR
|
|---|---|---|---|
Return on Assets (Normalized) | −5.42% | 3.03% | 3.03% |
Return on Equity (Normalized) | −22.77% | 31.53% | 23.22% |
Return on Invested Capital (Normalized) | −11.27% | 4.74% | 14.64% |
Return on Assets
DKNG
MGM
CZR
Gambling Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Flutter Entertainment PLC
FLUT
| — | Qkbnr | $31.6 Bil | |||
| Evolution AB
EVGGF
| — | Bbz | $21.3 Bil | |||
| Evolution AB ADR
EVVTY
| — | Wth | $21.3 Bil | |||
| Aristocrat Leisure Ltd
ARLUF
| — | Hmcqgd | $19.6 Bil | |||
| DraftKings Inc Ordinary Shares - Class A
DKNG
| Vkwdhfs | Smfg | $18.9 Bil | |||
| Churchill Downs Inc
CHDN
| — | Mscwbv | $10.1 Bil | |||
| Light & Wonder Inc Ordinary Shares
LNW
| Fjlgzms | Xddlj | $8.4 Bil | |||
| The Lottery Corp Ltd
LTRCF
| — | Zlss | $7.7 Bil | |||
| La Francaise Des Jeux SA Ordinary Shares
LFDJF
| — | Rcntg | $6.2 Bil | |||
| Greek Organisation of Football Prognostics SA ADR
GOFPY
| — | Fjgb | $5.8 Bil |