Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) closed the day trading at $52.59 down -2.16% from the previous closing price of $53.75. In other words, the price has decreased by -$2.16 from its previous closing price. On the day, 0.74 million shares were traded. PLAY stock price reached its highest trading level at $54.01 during the session, while it also had its lowest trading level at $52.59.
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 56.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 62.33. 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 2119350656 and an Enterprise Value of 5080348160. As of this moment, Dave’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.80, and their Forward P/E ratio for the next fiscal year is 10.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 8.43. Its current Enterprise Value per Revenue stands at 2.304 whereas that against EBITDA is 9.655.
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 -11.70%, while the 200-Day Moving Average is calculated to be 10.49%.
Shares Statistics:
Over the past 3-months, PLAY traded about 1.16M shares per day on average, while over the past 10 days, PLAY traded about 1115470 shares per day. A total of 40.27M shares are outstanding, with a floating share count of 39.64M. Insiders hold about 1.64% of the company’s shares, while institutions hold 110.70% stake in the company. Shares short for PLAY as of 1713139200 were 5398637 with a Short Ratio of 4.64, compared to 1710460800 on 4574417. Therefore, it implies a Short% of Shares Outstanding of 5398637 and a Short% of Float of 20.84.
