Critical Review: Flutter Entertainment (NYSE:FLUT) & DraftKings (NASDAQ:DKNG)

DraftKings (NASDAQ:DKNGGet Free Report) and Flutter Entertainment (NYSE:FLUTGet Free Report) are both large-cap consumer discretionary companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, valuation, risk, profitability, analyst recommendations, earnings and institutional ownership.

Institutional & Insider Ownership

37.7% of DraftKings shares are held by institutional investors. 51.2% of DraftKings shares are held by company insiders. Comparatively, 0.1% of Flutter Entertainment shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares DraftKings and Flutter Entertainment’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
DraftKings -4.90% -22.84% -4.63%
Flutter Entertainment -0.95% 14.42% 5.23%

Earnings and Valuation

This table compares DraftKings and Flutter Entertainment”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
DraftKings $4.77 billion 3.64 -$507.29 million ($0.57) -61.19
Flutter Entertainment $14.05 billion 2.75 $43.00 million ($1.30) -169.66

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

Analyst Ratings

This is a breakdown of current ratings and recommmendations for DraftKings and Flutter Entertainment, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
DraftKings 2 5 25 0 2.72
Flutter Entertainment 1 4 17 3 2.88

DraftKings currently has a consensus price target of $47.07, indicating a potential upside of 34.95%. Flutter Entertainment has a consensus price target of $302.45, indicating a potential upside of 37.13%. Given Flutter Entertainment’s stronger consensus rating and higher possible upside, analysts plainly believe Flutter Entertainment is more favorable than DraftKings.

Volatility & Risk

DraftKings has a beta of 1.6, suggesting that its stock price is 60% more volatile than the S&P 500. Comparatively, Flutter Entertainment has a beta of 1.92, suggesting that its stock price is 92% more volatile than the S&P 500.

Summary

Flutter Entertainment beats DraftKings on 9 of the 15 factors compared between the two stocks.

About DraftKings

(Get Free Report)

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. In addition, it offers DraftKings marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions. The company is headquartered in Boston, Massachusetts.

About Flutter Entertainment

(Get Free Report)

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting. In addition, it provides online poker, casino, and rummy. Further, it provides sports betting and gaming services through paddypower.com, betfair.com, sportsbet.com.au, tvg.com, us.betfair.com, fanduel.com, adjarabet.com, pokerstars.com, Skybet.com, tombola.com, sisal.com, and maxbet.rs websites under the FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, tombola, Betfair, MaxBet, TVG, Stardust, Junglee Games, and Adjarabet brands, as well as live poker tours and events. The company was formerly known as Paddy Power Betfair plc and changed its name to Flutter Entertainment plc in 2019. Flutter Entertainment plc was incorporated in 1958 and is headquartered in Dublin, Ireland.

Receive News & Ratings for DraftKings Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DraftKings and related companies with MarketBeat.com's FREE daily email newsletter.