Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) closed the day trading at $56.13 up 2.84% from the previous closing price of $54.58. In other words, the price has increased by $2.84 from its previous closing price. On the day, 1.01 million shares were traded. PLAY stock price reached its highest trading level at $56.17 during the session, while it also had its lowest trading level at $54.27.
Ratios:
For a better understanding of PLAY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 60.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 66.53. For the most recent quarter (mrq), Quick Ratio is recorded 0.23 and its Current Ratio is at 0.32. In the meantime, Its Debt-to-Equity ratio is 11.94 whereas as Long-Term Debt/Eq ratio is at 11.65.
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, Piper Sandler on April 04, 2024, Downgraded its rating to Neutral and sets its target price to $71 from $50 previously.
Raymond James Downgraded its Strong Buy to Outperform on September 07, 2023, whereas the target price for the stock was revised from $60 to $55.
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 Apr 04 ’24 when SHEEHAN KEVIN M sold 50,000 shares for $65.72 per share. The transaction valued at 3,285,755 led to the insider holds 50,000 shares of the business.
Mulleady John sold 42,824 shares of PLAY for $2,851,320 on Apr 04 ’24. The SVP, RE & Dev now owns 57,132 shares after completing the transaction at $66.58 per share. On Apr 04 ’24, another insider, SHEEHAN KEVIN M, who serves as the Director of the company, sold 25,000 shares for $65.72 each. As a result, the insider received 1,642,880 and left with 102,277 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 2262010880 and an Enterprise Value of 5160544256. As of this moment, Dave’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.06, and their Forward P/E ratio for the next fiscal year is 11.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 9.00. Its current Enterprise Value per Revenue stands at 2.34 whereas that against EBITDA is 9.807.
Stock Price History:
Over the past 52 weeks, PLAY has reached a high of $69.82, while it has fallen to a 52-week low of $31.65. The 50-Day Moving Average of the stock is -8.01%, while the 200-Day Moving Average is calculated to be 18.92%.
Shares Statistics:
Over the past 3-months, PLAY traded about 1.12M shares per day on average, while over the past 10 days, PLAY traded about 1517560 shares per day. A total of 40.27M shares are outstanding, with a floating share count of 39.67M. Insiders hold about 1.57% of the company’s shares, while institutions hold 108.72% stake in the company. Shares short for PLAY as of 1711584000 were 4338033 with a Short Ratio of 3.86, compared to 1709164800 on 4605904. Therefore, it implies a Short% of Shares Outstanding of 4338033 and a Short% of Float of 16.75.
