Ratings DraftKings Inc. Sao Paulo

Equities

D2KN34

BRD2KNBDR000

Delayed Sao Paulo Other stock markets 12:01:51 2024-06-03 pm EDT			5-day change	1st Jan Change
30.69 ^BRL	-13.01%		-1.60%	+5.25%

May. 31	Berenberg Trims Price Target on DraftKings to $41.50 From $43, Maintains Hold Rating	MT
May. 29	Stifel Adjusts DraftKings Price Target to $50 From $51, Maintains Buy Rating	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
The company is in a robust financial situation considering its net cash and margin position.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.

Weaknesses

The company's enterprise value to sales, at 3.38 times its current sales, is high.
The company appears highly valued given the size of its balance sheet.
The valuation of the company is particularly high given the cash flows generated by its activity.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

Ratings chart - Surperformance

Sector: Casinos & Gaming

	1st Jan change	Capi.	ESG Refinitiv
DRAFTKINGS INC.	+5.25%	16.99B	-
FLUTTER ENTERTAINMENT PLC	+6.38%	33.66B	B
EVOLUTION AB	-6.01%	22.11B	C+
GALAXY ENTERTAINMENT GROUP LIMITED	-12.57%	20.96B	B-
SANDS CHINA LTD	-17.29%	19.29B	A
ARISTOCRAT LEISURE LIMITED	+10.90%	18.88B	B-
CHURCHILL DOWNS INCORPORATED	-3.11%	9.52B	C-
CAESARS ENTERTAINMENT, INC.	-26.07%	7.7B	B-
THE LOTTERY CORPORATION LIMITED	+1.24%	7.2B	-
MGM CHINA HOLDINGS LIMITED	+45.51%	6.76B	B

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes