After finishing at $61.74 in the prior trading day, Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) closed at $62.48, up 1.20%. In other words, the price has increased by $+0.74 from its previous closing price. On the day, 716552 shares were traded. PLAY stock price reached its highest trading level at $62.87 during the session, while it also had its lowest trading level at $60.25.
Ratios:
Our goal is to gain a better understanding of PLAY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 39.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.92. For the most recent quarter (mrq), Quick Ratio is recorded 0.27 and its Current Ratio is at 0.37. In the meantime, Its Debt-to-Equity ratio is 13.92 whereas as Long-Term Debt/Eq ratio is at 13.54.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Raymond James on September 07, 2023, Downgraded its rating to Outperform and sets its target price to $55 from $60 previously.
On July 18, 2023, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $56.
On May 08, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $38.UBS initiated its Neutral rating on May 08, 2023, with a $38 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 16 when Mulleady John sold 7,500 shares for $48.25 per share. The transaction valued at 361,860 led to the insider holds 57,132 shares of the business.
Mulleady John sold 7,500 shares of PLAY for $273,000 on Sep 15. The SVP, RE & Dev now owns 68,312 shares after completing the transaction at $36.40 per share. On Sep 12, another insider, Griffith Michael J, who serves as the Director of the company, sold 6,470 shares for $35.23 each. As a result, the insider received 227,930 and left with 33,546 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLAY now has a Market Capitalization of 2.51B and an Enterprise Value of 5.39B. As of this moment, Dave’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.99, and their Forward P/E ratio for the next fiscal year is 14.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 11.87. Its current Enterprise Value per Revenue stands at 2.48 whereas that against EBITDA is 11.37.
Stock Price History:
Over the past 52 weeks, PLAY has reached a high of $64.15, while it has fallen to a 52-week low of $31.65. The 50-Day Moving Average of the stock is 54.90, while the 200-Day Moving Average is calculated to be 43.28.
Shares Statistics:
The stock has traded on average 1.13M shares per day over the past 3-months and 746.32k shares per day over the last 10 days, according to various share statistics. A total of 48.41M shares are outstanding, with a floating share count of 39.50M. Insiders hold about 1.72% of the company’s shares, while institutions hold 109.32% stake in the company. Shares short for PLAY as of Feb 15, 2024 were 5.48M with a Short Ratio of 4.85, compared to 5.26M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.63% and a Short% of Float of 21.24%.
Earnings Estimates
Its stock is currently analyzed by 8 different market analysts. On average, analysts expect EPS of $1.13 for the current quarter, with a high estimate of $1.27 and a low estimate of $0.96, while EPS last year was $0.8. The consensus estimate for the next quarter is $1.89, with high estimates of $2.06 and low estimates of $1.79.
Analysts are recommending an EPS of between $3.26 and $2.99 for the fiscal current year, implying an average EPS of $3.14. EPS for the following year is $4.41, with 8 analysts recommending between $5.09 and $4.07.
Revenue Estimates
9 analysts predict $605.24M in revenue for the current quarter. It ranges from a high estimate of $621.39M to a low estimate of $574M. As of the current estimate, Dave & Buster’s Entertainment Inc’s year-ago sales were $563.76M, an estimated increase of 7.40% from the year-ago figure.
A total of 9 analysts have provided revenue estimates for PLAY’s current fiscal year. The highest revenue estimate was $2.23B, while the lowest revenue estimate was $2.18B, resulting in an average revenue estimate of $2.21B. In the same quarter a year ago, actual revenue was $1.96B, up 12.60% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $2.36B in the next fiscal year. The high estimate is $2.41B and the low estimate is $2.28B. The average revenue growth estimate for next year is up 6.50% from the average revenue estimate for this year.
