Skip to Content

DraftKings Inc Ordinary Shares - Class A DKNG

Morningstar Rating
$43.53 +0.21 (0.48%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Price vs Fair Value

DKNG is trading at a 1% discount.
Price
$43.53
Fair Value
$32.00
Uncertainty
Very High
1-Star Price
$99.00
5-Star Price
$27.00
Economic Moat
Pbd
Capital Allocation
Fpjdcqb

Bulls Say, Bears Say

Bulls

We see DraftKings’ online platform as well positioned to participate in the $40 billion-$50 billion North American sports betting and iGaming revenue opportunity by 2030.

Bears

Online gaming operators face intense competition, with state licenses amounting to more than two dozen in some states.

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

Trading Information

Previous Close Price
$43.32
Day Range
$42.7243.65
52-Week Range
$17.0245.62
Bid/Ask
$43.42 / $43.45
Market Cap
$20.10 Bil
Volume/Avg
6.4 Mil / 12.3 Mil

Key Statistics

Price/Earnings (Normalized)
Price/Sales
5.49
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
0.40%

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 sports betting in 24 states (46% of the U.S. population) and iGaming in seven states (11% of U.S.), 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

Competitors

Valuation

Metric
DKNG
MGM
PENN
Price/Earnings (Normalized)
15.7315.54
Price/Book Value
24.493.680.88
Price/Sales
5.490.950.44
Price/Cash Flow
6.073.32
Price/Earnings
DKNG
MGM
PENN

Financial Strength

Metric
DKNG
MGM
PENN
Quick Ratio
1.051.280.93
Current Ratio
1.341.571.11
Interest Coverage
−316.164.20−0.16
Quick Ratio
DKNG
MGM
PENN

Profitability

Metric
DKNG
MGM
PENN
Return on Assets (Normalized)
−11.51%1.88%−1.80%
Return on Equity (Normalized)
−44.18%18.62%−8.09%
Return on Invested Capital (Normalized)
−20.84%3.30%0.57%
Return on Assets
DKNG
MGM
PENN
See how this stock stacks up to its competitors with Morningstar Investor

Gambling Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
FLUT
Flutter Entertainment PLCMvgycw$38.0 Bil
EVVTY
Evolution AB ADRBfb$27.3 Bil
EVGGF
Evolution ABMbbk$27.3 Bil
ARLUF
Aristocrat Leisure LtdHzcxv$19.4 Bil
LNW
Light & Wonder Inc Ordinary SharesPbmsq$9.2 Bil
CHDN
Churchill Downs IncWvqdl$8.8 Bil
LFDJF
La Francaise Des Jeux SA Ordinary SharesZtfy$8.0 Bil
GMVHY
Entain PLC ADRPyzpgkz$7.4 Bil
GMVHF
Entain PLCDggsdm$7.4 Bil

Sponsor Center