Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) currently has a daily average trading volume of 1.31M but it saw 1501364 shares traded in last market. With a market cap of 1.45B USD, the company’s current market price of $36.86 came rising about 8.19 while comparing to the previous closing price of $34.07. 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 $34.32 while lowest mark touched by it was $36.89.
Taking a look at 20-day trading activity of Dave & Buster’s Entertainment Inc (PLAY) gives us an average price of $34.40, while its current price level is -47.21% below from 52-week high level whereas it is 25.76% 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 $32.85 while that of 200 days or SMA-200 reads an average of $46.31. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.88% during that period while stretching the period over a month that decreases to 4.62%. 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 58.74 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 -4.93% down while it is 15.22% when we observe its performance for the past one month. Year-to-date it is -31.55% down and over the past year, the stock is showing an upside performance of 4.75%.
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 -0.31 while estimate for next year EPS is 2.59. In next quarter, company is expected to be making quarterly sales of $566.82M as analysts are expecting the sales for current fiscal year at $2.18B and seeing the company making $2.33B in sales next year. Moreover, analysts are in estimates of $469.03M 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 13.47 while having a 10.37 of forward P/E ratio. Stock’s beta reads 2.15. Stock has a price to book (P/B) ratio of 5.09 while price to sale or P/S ratio amounts to 0.66. Its return on asset (ROA) is 2.98% on average.
