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DraftKings (DKNG) Competitors

DraftKings logo
$43.80 +0.59 (+1.37%)
(As of 11/20/2024 ET)

DKNG vs. TKO, EDR, PLNT, LTH, FUN, IMVT, SGHC, MANU, RSI, and VVNT

Should you be buying DraftKings stock or one of its competitors? The main competitors of DraftKings include TKO Group (TKO), Endeavor Group (EDR), Planet Fitness (PLNT), Life Time Group (LTH), Cedar Fair (FUN), Immunovant (IMVT), Super Group (SGHC), Manchester United (MANU), Rush Street Interactive (RSI), and Vivint Smart Home (VVNT).

DraftKings vs.

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

DraftKings has a beta of 1.82, indicating that its stock price is 82% more volatile than the S&P 500. Comparatively, TKO Group has a beta of 1.06, indicating that its stock price is 6% more volatile than the S&P 500.

TKO Group has a net margin of -1.26% compared to DraftKings' net margin of -9.06%. TKO Group's return on equity of 3.39% beat DraftKings' return on equity.

Company Net Margins Return on Equity Return on Assets
DraftKings-9.06% -41.23% -10.27%
TKO Group -1.26%3.39%2.32%

DraftKings presently has a consensus target price of $50.85, indicating a potential upside of 16.10%. TKO Group has a consensus target price of $131.00, indicating a potential downside of 1.37%. Given DraftKings' stronger consensus rating and higher possible upside, research analysts plainly believe DraftKings is more favorable than TKO Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
DraftKings
0 Sell rating(s)
3 Hold rating(s)
24 Buy rating(s)
0 Strong Buy rating(s)
2.89
TKO Group
0 Sell rating(s)
3 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.80

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
DraftKings$3.67B10.52-$802.14M-$0.88-49.77
TKO Group$1.68B13.54$208.18M-$0.42-316.24

DraftKings received 272 more outperform votes than TKO Group when rated by MarketBeat users. However, 82.93% of users gave TKO Group an outperform vote while only 64.97% of users gave DraftKings an outperform vote.

CompanyUnderperformOutperform
DraftKingsOutperform Votes
306
64.97%
Underperform Votes
165
35.03%
TKO GroupOutperform Votes
34
82.93%
Underperform Votes
7
17.07%

37.7% of DraftKings shares are held by institutional investors. Comparatively, 89.8% of TKO Group shares are held by institutional investors. 48.9% of DraftKings shares are held by insiders. Comparatively, 53.8% of TKO Group shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

In the previous week, DraftKings had 4 more articles in the media than TKO Group. MarketBeat recorded 17 mentions for DraftKings and 13 mentions for TKO Group. DraftKings' average media sentiment score of 0.54 beat TKO Group's score of 0.26 indicating that DraftKings is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
DraftKings
6 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
TKO Group
2 Very Positive mention(s)
1 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

DraftKings and TKO Group tied by winning 9 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$38.57B$12.16B$8.18B$8.82B
Dividend YieldN/A2.96%2.75%4.07%
P/E Ratio-49.7721.2318.8817.81
Price / Sales10.525.487.5774.38
Price / CashN/A49.1215.4732.53
Price / Book45.156.765.474.68
Net Income-$802.14M$247.20M$264.44M$226.08M
7 Day Performance4.58%-0.60%-2.18%-2.04%
1 Month Performance13.88%-0.01%-3.00%0.06%
1 Year Performance13.24%9.72%14.56%24.60%

DraftKings Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DKNG
DraftKings
3.8417 of 5 stars
$43.80
+1.4%
$50.85
+16.1%
+13.2%$38.05B$3.67B-49.774,400
TKO
TKO Group
1.8768 of 5 stars
$132.82
+1.5%
$131.00
-1.4%
+70.6%$22.35B$1.68B0.001,250Options Volume
EDR
Endeavor Group
1.622 of 5 stars
$29.39
+0.5%
$27.86
-5.2%
+20.1%$20.00B$5.96B0.0010,000Short Interest ↓
Positive News
PLNT
Planet Fitness
4.4596 of 5 stars
$98.28
+0.4%
$91.81
-6.6%
+53.1%$8.28B$1.07B52.843,411Insider Trade
LTH
Life Time Group
4.0199 of 5 stars
$24.15
-1.7%
$27.63
+14.4%
+62.8%$5.09B$2.22B35.0037,000
FUN
Cedar Fair
3.7142 of 5 stars
$46.09
+0.6%
$55.92
+21.3%
+18.6%$4.60B$1.80B0.0053,050Analyst Forecast
Positive News
IMVT
Immunovant
1.5467 of 5 stars
$26.17
+3.8%
$48.10
+83.8%
-22.6%$3.70BN/A0.00120
SGHC
Super Group
3.3513 of 5 stars
$5.93
-0.3%
$6.33
+6.9%
+86.3%$2.96B$1.55B98.773,700Positive News
MANU
Manchester United
0.7399 of 5 stars
$16.75
-1.6%
$18.50
+10.4%
-12.8%$2.88B$833.39M0.001,140Upcoming Earnings
RSI
Rush Street Interactive
1.7888 of 5 stars
$12.21
+3.1%
$12.43
+1.8%
+160.9%$2.67B$691.16M0.00820Insider Trade
VVNT
Vivint Smart Home
N/A$12.00
flat
N/A+0.0%$2.58B$1.68B-50.0011,000News Coverage
High Trading Volume

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This page (NASDAQ:DKNG) was last updated on 11/21/2024 by MarketBeat.com Staff
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