Motorsport Games (NASDAQ:MSGM) & DraftKings (NASDAQ:DKNG) Financial Analysis

Motorsport Games (NASDAQ:MSGMGet Free Report) and DraftKings (NASDAQ:DKNGGet Free Report) are both consumer discretionary companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, analyst recommendations, institutional ownership, risk, valuation, dividends and profitability.

Profitability

This table compares Motorsport Games and DraftKings’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Motorsport Games 34.24% 86.01% 42.20%
DraftKings -4.90% -22.84% -4.63%

Analyst Ratings

This is a summary of recent recommendations for Motorsport Games and DraftKings, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Motorsport Games 0 1 0 0 2.00
DraftKings 2 5 25 0 2.72

DraftKings has a consensus price target of $47.48, indicating a potential upside of 33.68%. Given DraftKings’ stronger consensus rating and higher probable upside, analysts plainly believe DraftKings is more favorable than Motorsport Games.

Volatility & Risk

Motorsport Games has a beta of 1.77, suggesting that its stock price is 77% more volatile than the S&P 500. Comparatively, DraftKings has a beta of 1.6, suggesting that its stock price is 60% more volatile than the S&P 500.

Insider and Institutional Ownership

1.7% of Motorsport Games shares are held by institutional investors. Comparatively, 37.7% of DraftKings shares are held by institutional investors. 17.3% of Motorsport Games shares are held by insiders. Comparatively, 47.1% of DraftKings shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares Motorsport Games and DraftKings”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Motorsport Games $8.69 million 1.70 -$2.75 million $0.40 6.38
DraftKings $4.77 billion 3.71 -$507.29 million ($0.57) -62.32

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

About Motorsport Games

(Get Free Report)

Motorsport Games Inc. develops and publishes multi-platform racing video games in the United States. It operates through Gaming and Esports segments. The company offers rFactor 2, a realistic racing simulation game; NASCAR Heat Mobile, a racing experience for mobile devices; NASCAR Heat 3, NASCAR Heat 4, NASCAR Heat 5, NASCAR Heat Ultimate Edition, and NASCAR 21: Ignition, which are racing video games; KartKraft, a kart racing simulator; NASCAR Rivals, a racing video game; and Le Mans Ultimate, a official game of the FIA World Endurance Championship and 24 Hours of Le Mans. It also organizes and facilitates esports tournaments, competitions, and events for its licensed racing games, as well as on behalf of third-party racing game developers and publishers. The company offers its products for game consoles, personal computer, and mobile platforms through various retail and digital channels, including full-game and downloadable content. The company was founded in 2018 and is headquartered in Miami, Florida. Motorsport Games Inc. operates as a subsidiary of Motorsport Network LLC.

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.

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