DraftKings (DKNG) Competitors

$44.21
-0.76 (-1.69%)
(As of 05/17/2024 ET)

DKNG vs. CHTR, RCL, TCOM, LVS, EA, LULU, HLT, TTWO, ONON, and LYV

Should you be buying DraftKings stock or one of its competitors? The main competitors of DraftKings include Charter Communications (CHTR), Royal Caribbean Cruises (RCL), Trip.com Group (TCOM), Las Vegas Sands (LVS), Electronic Arts (EA), Lululemon Athletica (LULU), Hilton Worldwide (HLT), Take-Two Interactive Software (TTWO), ON (ONON), and Live Nation Entertainment (LYV). These companies are all part of the "consumer discretionary" sector.

DraftKings vs.

Charter Communications (NASDAQ:CHTR) and DraftKings (NASDAQ:DKNG) are both large-cap consumer discretionary companies, but which is the better stock? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, valuation, analyst recommendations, media sentiment, community ranking and dividends.

Charter Communications has a net margin of 8.50% compared to Charter Communications' net margin of -13.45%. DraftKings' return on equity of 31.42% beat Charter Communications' return on equity.

Company Net Margins Return on Equity Return on Assets
Charter Communications8.50% 31.42% 3.16%
DraftKings -13.45%-62.74%-14.40%

In the previous week, DraftKings had 10 more articles in the media than Charter Communications. MarketBeat recorded 19 mentions for DraftKings and 9 mentions for Charter Communications. Charter Communications' average media sentiment score of 1.15 beat DraftKings' score of 0.94 indicating that DraftKings is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Charter Communications
5 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
DraftKings
13 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Charter Communications has higher revenue and earnings than DraftKings. DraftKings is trading at a lower price-to-earnings ratio than Charter Communications, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Charter Communications$54.63B0.72$4.56B$30.928.83
DraftKings$3.67B10.48-$802.14M-$1.18-37.47

81.8% of Charter Communications shares are owned by institutional investors. Comparatively, 37.7% of DraftKings shares are owned by institutional investors. 0.7% of Charter Communications shares are owned by company insiders. Comparatively, 51.2% of DraftKings shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Charter Communications received 533 more outperform votes than DraftKings when rated by MarketBeat users. Likewise, 62.79% of users gave Charter Communications an outperform vote while only 61.00% of users gave DraftKings an outperform vote.

CompanyUnderperformOutperform
Charter CommunicationsOutperform Votes
788
62.79%
Underperform Votes
467
37.21%
DraftKingsOutperform Votes
255
61.00%
Underperform Votes
163
39.00%

Charter Communications has a beta of 0.97, suggesting that its stock price is 3% less volatile than the S&P 500. Comparatively, DraftKings has a beta of 1.87, suggesting that its stock price is 87% more volatile than the S&P 500.

Charter Communications currently has a consensus target price of $356.47, suggesting a potential upside of 30.56%. DraftKings has a consensus target price of $49.21, suggesting a potential upside of 11.30%. Given DraftKings' higher possible upside, equities research analysts plainly believe Charter Communications is more favorable than DraftKings.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Charter Communications
1 Sell rating(s)
9 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.27
DraftKings
2 Sell rating(s)
1 Hold rating(s)
25 Buy rating(s)
0 Strong Buy rating(s)
2.82

Summary

Charter Communications beats DraftKings on 11 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding DKNG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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DKNG vs. The Competition

MetricDraftKingsamusement & recreation services IndustryDiscretionary SectorNASDAQ Exchange
Market Cap$38.43B$10.92B$6.91B$7.98B
Dividend YieldN/A2.91%2.76%3.91%
P/E Ratio-37.4726.4516.2115.85
Price / Sales10.485.435.8481.41
Price / CashN/A32.1231.9531.98
Price / Book46.055.926.714.64
Net Income-$802.14M$116.95M$195.60M$217.28M
7 Day Performance2.17%-0.11%2.60%2.90%
1 Month Performance8.68%2.01%7.50%6.66%
1 Year Performance83.37%-7.22%6.77%9.89%

DraftKings Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CHTR
Charter Communications
4.5 of 5 stars
$278.13
+1.3%
$356.47
+28.2%
-20.5%$40.06B$54.63B9.00101,100Gap Up
RCL
Royal Caribbean Cruises
4.445 of 5 stars
$140.80
0.0%
$146.13
+3.8%
+77.1%$36.23B$13.90B18.1498,200Analyst Forecast
Insider Selling
News Coverage
TCOM
Trip.com Group
4.219 of 5 stars
$55.70
+1.5%
$54.70
-1.8%
+69.3%$35.88B$6.27B26.9136,249Upcoming Earnings
LVS
Las Vegas Sands
4.9107 of 5 stars
$46.28
-1.4%
$63.46
+37.1%
-22.4%$34.48B$10.37B22.3638,700
EA
Electronic Arts
4.7804 of 5 stars
$126.59
+0.0%
$147.00
+16.1%
+1.2%$33.84B$7.56B27.0513,400Insider Selling
Short Interest ↓
News Coverage
LULU
Lululemon Athletica
4.8615 of 5 stars
$352.35
+1.5%
$474.79
+34.8%
-11.6%$44.40B$9.62B28.8638,000Short Interest ↓
Analyst Revision
HLT
Hilton Worldwide
4.2122 of 5 stars
$205.26
-0.4%
$207.59
+1.1%
+39.6%$51.32B$10.52B44.62178,000Short Interest ↑
TTWO
Take-Two Interactive Software
4.3861 of 5 stars
$144.96
+0.7%
$177.61
+22.5%
+5.9%$24.73B$5.35B-16.9011,580Earnings Report
Analyst Forecast
Options Volume
News Coverage
Gap Up
ONON
ON
2.0705 of 5 stars
$36.22
+18.0%
$37.53
+3.6%
+38.6%$22.81B$2.00B134.152,353Analyst Forecast
Analyst Revision
News Coverage
High Trading Volume
LYV
Live Nation Entertainment
4.828 of 5 stars
$95.83
+0.3%
$116.83
+21.9%
+14.3%$22.18B$22.75B91.2731,700Short Interest ↓

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This page (NASDAQ:DKNG) was last updated on 5/20/2024 by MarketBeat.com Staff

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