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 1.38M but it saw 1124626 shares traded in last market. With a market cap of 662.35M USD, the company’s current market price of $19.19 came falling about -2.98 while comparing to the previous closing price of $19.78. In past 52 weeks, the stock remained buoying in the range of price level as high as $57.10 and as low as $15.08. In the recent trading on the day, stock has struck highest price mark of $18.76 while lowest mark touched by it was $19.83.

Taking a look at 20-day trading activity of Dave & Buster’s Entertainment Inc (PLAY) gives us an average price of $18.36, while its current price level is -66.39% below from 52-week high level whereas it is 27.25% 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 $19.45 while that of 200 days or SMA-200 reads an average of $29.34. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.96% during that period while stretching the period over a month that increases to 8.28%. 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 50.60 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 -1.49% down while it is 9.22% when we observe its performance for the past one month. Year-to-date it is -34.26% down and over the past year, the stock is showing a downside performance of -63.22%.

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 $546.75M as analysts are expecting the sales for current fiscal year at $2.16B and seeing the company making $2.28B in sales next year. Moreover, analysts are in estimates of $572.12M for current-quarter revenue.

Currently, Dave & Buster’s Entertainment Inc’s total number of outstanding shares is 35.55M with 1.42% of that held by the insiders while 139.33% 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 13.81 while having a 7.08 of forward P/E ratio. Stock’s beta reads 1.94. Stock has a price to book (P/B) ratio of 4.68 while price to sale or P/S ratio amounts to 0.31. Its return on asset (ROA) is 1.50% on average.