Putting The Spotlight On Dave & Buster’s Entertainment Inc (PLAY)

Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) currently has a daily average trading volume of 1.27M but it saw 1454777 shares traded in last market. With a market cap of 1.27B USD, the company’s current market price of $32.23 came rising about 0.88 while comparing to the previous closing price of $31.95. In past 52 weeks, the stock remained buoying in the range of price level as high as $69.82 and as low as $29.31. In the recent trading on the day, stock has struck highest price mark of $31.285 while lowest mark touched by it was $33.2.

Taking a look at 20-day trading activity of Dave & Buster’s Entertainment Inc (PLAY) gives us an average price of $32.85, while its current price level is -53.84% below from 52-week high level whereas it is 9.96% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $32.19 while that of 200 days or SMA-200 reads an average of $47.17. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.53% during that period while stretching the period over a month that decreases to 4.09%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 47.57 which implies that the stock is in neutral territory.

Piper Sandler downgraded its recommendation for the stock as a “Neutral” from “Overweight” on April 04, 2024 while assigning a price target range of $50-$71.

Over the week, PLAY’s stock price is moving -3.91% down while it is 3.14% when we observe its performance for the past one month. Year-to-date it is -40.15% down and over the past year, the stock is showing a downside performance of -10.12%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.12 beat the consensus estimate of -0.13 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of -0.28 while estimate for next year EPS is 2.64. In next quarter, company is expected to be making quarterly sales of $568.88M as analysts are expecting the sales for current fiscal year at $2.18B and seeing the company making $2.34B in sales next year. Moreover, analysts are in estimates of $469.81M for current-quarter revenue.

Currently, Dave & Buster’s Entertainment Inc’s total number of outstanding shares is 40.27M. Company’s return on investment (ROI) stands at 3.42% and return on equity (ROE) at 37.64%. It has a price to earnings ratio (P/E ratio) of 11.77 while having a 8.96 of forward P/E ratio. Stock’s beta reads 2.16. Stock has a price to book (P/B) ratio of 4.45 while price to sale or P/S ratio amounts to 0.57. Its return on asset (ROA) is 2.98% on average.