It’s Not A Fantasy To Think That Dave & Buster’s Entertainment Inc (PLAY) Has Big Future Potential

Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) currently has a daily average trading volume of 1.57M but it saw 1416294 shares traded in last market. With a market cap of 607.98M USD, the company’s current market price of $17.61 came rising about 0.48 while comparing to the previous closing price of $17.53. In past 52 weeks, the stock remained buoying in the range of price level as high as $62.21 and as low as $15.08. In the recent trading on the day, stock has struck highest price mark of $16.19 while lowest mark touched by it was $17.91.

Taking a look at 20-day trading activity of Dave & Buster’s Entertainment Inc (PLAY) gives us an average price of $18.41, while its current price level is -71.68% below from 52-week high level whereas it is 16.81% 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 $21.23 while that of 200 days or SMA-200 reads an average of $30.61. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.55% during that period while stretching the period over a month that decreases to 8.84%. 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 42.70 which implies that the stock is in neutral territory.

Truist downgraded its recommendation for the stock as a “Hold” from “Buy” on December 11, 2024 while assigning a price target range of $56-$36. Gordon Haskett also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $40 and $34.

Over the week, PLAY’s stock price is moving 3.62% up while it is -8.68% when we observe its performance for the past one month. Year-to-date it is -39.65% down and over the past year, the stock is showing a downside performance of -72.04%.

The company is expected to be releasing its next quarterly report on 2025-Apr-06, for which analysts forecasted an EPS of 1.06 while estimate for next year EPS is 2.11. In next quarter, company is expected to be making quarterly sales of $548.87M as analysts are expecting the sales for current fiscal year at $2.15B and seeing the company making $2.28B in sales next year. Moreover, analysts are in estimates of $573.25M for current-quarter revenue.

Currently, Dave & Buster’s Entertainment Inc’s total number of outstanding shares is 35.55M with 1.29% of that held by the insiders while 127.69% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.68% and return on equity (ROE) at 29.37%. It has a price to earnings ratio (P/E ratio) of 12.67 while having a 6.43 of forward P/E ratio. Stock’s beta reads 1.95. Stock has a price to book (P/B) ratio of 4.30 while price to sale or P/S ratio amounts to 0.29. Its return on asset (ROA) is 1.50% on average.