DraftKings Inc (NASDAQ: DKNG)’s stock price has dropped by -4.72 in relation to previous closing price of 37.04. Nevertheless, the company has seen a loss of -10.64% in its stock price over the last five trading days. fool.com reported 2025-03-29 that DraftKings (DKNG -4.64%) is growing its active user base as it expands to new markets.
Is It Worth Investing in DraftKings Inc (NASDAQ: DKNG) Right Now?
The 36-month beta value for DKNG is at 2.12. Analysts have varying views on the stock, with 22 analysts rating it as a “buy,” 9 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for DKNG is 479.86M, and currently, shorts hold a 4.95% of that float. The average trading volume for DKNG on March 31, 2025 was 10.37M shares.
DKNG’s Market Performance
DKNG stock saw a decrease of -10.64% in the past week, with a monthly decline of -17.43% and a quarterly a decrease of -8.50%. The volatility ratio for the week is 4.21%, and the volatility levels for the last 30 days are 5.57% for DraftKings Inc (DKNG). The simple moving average for the last 20 days is -9.14% for DKNG’s stock, with a simple moving average of -9.50% for the last 200 days.
Analysts’ Opinion of DKNG
Many brokerage firms have already submitted their reports for DKNG stocks, with Susquehanna repeating the rating for DKNG by listing it as a “Positive.” The predicted price for DKNG in the upcoming period, according to Susquehanna is $54 based on the research report published on January 08, 2025 of the current year 2025.
Mizuho, on the other hand, stated in their research note that they expect to see DKNG reach a price target of $62, previously predicting the price at $54. The rating they have provided for DKNG stocks is “Outperform” according to the report published on October 18th, 2024.
Susquehanna gave a rating of “Positive” to DKNG, setting the target price at $50 in the report published on October 07th of the previous year.
DKNG Trading at -15.44% from the 50-Day Moving Average
After a stumble in the market that brought DKNG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.17% of loss for the given period.
Volatility was left at 5.57%, however, over the last 30 days, the volatility rate increased by 4.21%, as shares sank -19.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.86% lower at present.
During the last 5 trading sessions, DKNG fell by -10.64%, which changed the moving average for the period of 200-days by -7.25% in comparison to the 20-day moving average, which settled at $38.84. In addition, DraftKings Inc saw -5.13% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DKNG starting from Liberman Paul, who sale 643,654 shares at the price of $38.95 back on Mar 25 ’25. After this action, Liberman Paul now owns 0 shares of DraftKings Inc, valued at $25,071,608 using the latest closing price.
Liberman Paul, the Officer of DraftKings Inc, proposed sale 643,654 shares at $40.50 during a trade that took place back on Mar 25 ’25, which means that Liberman Paul is holding shares at $26,067,987 based on the most recent closing price.
Stock Fundamentals for DKNG
Current profitability levels for the company are sitting at:
- -0.13 for the present operating margin
- 0.38 for the gross margin
The net margin for DraftKings Inc stands at -0.11. The total capital return value is set at -0.23. Equity return is now at value -54.81, with -12.33 for asset returns.
Based on DraftKings Inc (DKNG), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 1.32. The interest coverage ratio of the stock is -205.81.
Currently, EBITDA for the company is -311.76 million with net debt to EBITDA at -1.52. When we switch over and look at the enterprise to sales, we see a ratio of 3.82. The receivables turnover for the company is 82.43for trailing twelve months and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.93.
Conclusion
In conclusion, DraftKings Inc (DKNG) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
