DKNG vs. CHTR, RCL, EA, LVS, TCOM, LULU, RBLX, TTWO, HLT, 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), Electronic Arts (EA), Las Vegas Sands (LVS), Trip.com Group (TCOM), Lululemon Athletica (LULU), Roblox (RBLX), Take-Two Interactive Software (TTWO), Hilton Worldwide (HLT), and Live Nation Entertainment (LYV). These companies are all part of the "consumer discretionary" sector.
DraftKings (NASDAQ:DKNG) and Charter Communications (NASDAQ:CHTR) are both large-cap consumer discretionary companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, valuation, community ranking, risk, media sentiment, profitability, dividends, earnings and analyst recommendations.
DraftKings presently has a consensus target price of $49.07, indicating a potential upside of 11.44%. Charter Communications has a consensus target price of $356.47, indicating a potential upside of 33.20%. Given Charter Communications' higher probable upside, analysts clearly believe Charter Communications is more favorable than DraftKings.
Charter Communications received 534 more outperform votes than DraftKings when rated by MarketBeat users. Likewise, 62.79% of users gave Charter Communications an outperform vote while only 60.91% of users gave DraftKings an outperform vote.
Charter Communications has a net margin of 8.50% compared to DraftKings' net margin of -13.45%. Charter Communications' return on equity of 31.42% beat DraftKings' return on equity.
In the previous week, DraftKings had 44 more articles in the media than Charter Communications. MarketBeat recorded 60 mentions for DraftKings and 16 mentions for Charter Communications. Charter Communications' average media sentiment score of 0.76 beat DraftKings' score of 0.66 indicating that Charter Communications is being referred to more favorably in the news media.
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.
37.7% of DraftKings shares are held by institutional investors. Comparatively, 81.8% of Charter Communications shares are held by institutional investors. 48.9% of DraftKings shares are held by company insiders. Comparatively, 0.7% of Charter Communications shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
DraftKings has a beta of 1.87, meaning that its share price is 87% more volatile than the S&P 500. Comparatively, Charter Communications has a beta of 0.97, meaning that its share price is 3% less volatile than the S&P 500.
Summary
Charter Communications beats DraftKings on 12 of the 18 factors compared between the two stocks.
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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.
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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