In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
After finishing at $24.83 in the prior trading day, Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) closed at $24.07, down -3.06%. In other words, the price has decreased by -$3.06 from its previous closing price. On the day, 4.12 million shares were traded. PLAY stock price reached its highest trading level at $25.48 during the session, while it also had its lowest trading level at $23.73.
Ratios:
Our goal is to gain a better understanding of PLAY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.19 and its Current Ratio is at 0.29. In the meantime, Its Debt-to-Equity ratio is 14.45 whereas as Long-Term Debt/Eq ratio is at 14.09.
On December 11, 2024, Truist Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $56 to $36.
Gordon Haskett Downgraded its Buy to Hold on December 11, 2024, whereas the target price for the stock was revised from $40 to $34.
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 Dec 26 ’24 when John Mulleady bought 6,000 shares for $29.33 per share.
Mulleady John sold 6,000 shares of PLAY for $175,980 on Dec 26 ’24. The SVP, RE & Dev now owns 51,183 shares after completing the transaction at $29.33 per share. On Dec 19 ’24, another insider, SHEEHAN KEVIN M, who serves as the Interim CEO of the company, bought 19,025 shares for $26.44 each. As a result, the insider paid 503,107 and bolstered with 69,025 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 926764800 and an Enterprise Value of 4516587520. As of this moment, Dave’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.88, and their Forward P/E ratio for the next fiscal year is 8.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 4.09. Its current Enterprise Value per Revenue stands at 2.043 whereas that against EBITDA is 8.666.
Stock Price History:
The Beta on a monthly basis for PLAY is 2.19, which has changed by -0.52524656 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, PLAY has reached a high of $69.82, while it has fallen to a 52-week low of $22.83. The 50-Day Moving Average of the stock is -26.73%, while the 200-Day Moving Average is calculated to be -38.74%.
Shares Statistics:
The stock has traded on average 1.76M shares per day over the past 3-months and 2111890 shares per day over the last 10 days, according to various share statistics. A total of 38.50M shares are outstanding, with a floating share count of 37.77M. Insiders hold about 1.91% of the company’s shares, while institutions hold 126.54% stake in the company. Shares short for PLAY as of 1732838400 were 5873082 with a Short Ratio of 3.64, compared to 1730332800 on 8527719. Therefore, it implies a Short% of Shares Outstanding of 5873082 and a Short% of Float of 26.860001999999998.
