Taking On Challenges And Growing? – DraftKings Inc (DKNG)

After Hours

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.

Stocks Info

This NASDAQ-listed company operates within the Gambling industry segment, falling under the Consumer Cyclical sector. The current market capitalization of DraftKings Inc is $45.34B. A total of 20.43 million shares were traded on the day, compared to an average of 8.54M shares.

In the most recent transaction, Robins Jason sold 200,000 shares of DKNG for 45.00 per share on Feb 12 ’25. After the transaction, the insider now owns 2,678,613 company shares. In a previous transaction on Feb 12 ’25, Robins Jason bought 200,000 shares at 45.00 per share.

Among the insiders who sold shares, Liberman Paul disposed of 200,000 shares on Jan 10 ’25 at a per-share price of $39.00. This resulted in the insider holding 1,342,722 shares of DKNG after the transaction. In another insider transaction, Liberman Paul sold 532,095 shares at $38.30 per share on Dec 26 ’24. Company shares held by the insider now total 68,654.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, DKNG has a high of $53.61 and a low of $28.69.

As of this writing, DKNG has an earnings estimate of $0.17 per share for the current quarter. EPS was calculated based on a consensus of 9.0 estimates, with a high estimate of $0.27 per share and a lower estimate of -$0.01.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $2.07, while its Total Shareholder’s Equity was $1.68B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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.

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