After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
Stocks Info
DKNG belongs to the Consumer Cyclical sector of the NASDAQ while operating in the Gambling industry. The current market capitalization of DraftKings Inc is $36.20B. A total of 5.76 million shares were traded on the day, compared to an average of 8.73M shares.
In the most recent transaction, Liberman Paul sold 200,000 shares of DKNG for 39.00 per share on Jan 10 ’25. After the transaction, the insider now owns 1,342,722 company shares. In a previous transaction on Dec 26 ’24, Liberman Paul sold 532,095 shares at 38.30 per share. DKNG shares that the insider owns now total 68,654.
Among the insiders who bought shares, Liberman Paul acquired of 732,095 shares on Dec 26 ’24 at a per-share price of $38.17. In another insider transaction, Dodge R Stanton sold 228,496 shares at $42.74 per share on Dec 09 ’24. Company shares held by the Chief Legal Officer now total 541,884.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, DKNG has a high of $49.57 and a low of $28.69.
As of this writing, DKNG has an earnings estimate of $0.09 per share for the current quarter. EPS was calculated based on a consensus of 6.0 estimates, with a high estimate of $0.34 per share and a lower estimate of -$0.26.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. DKNG’s latest balance sheet shows that the firm has $2.15B in Cash & Short Term Investments as of fiscal 2021. There were $1.32B in debt and $929.42M in liabilities at the time. Its Book Value Per Share was $2.21, while its Total Shareholder’s Equity was $1.68B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DKNG is Buy with a score of 4.74.
