In the latest session, Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) closed at $59.07 down -3.07% from its previous closing price of $60.94. In other words, the price has decreased by -$1.87 from its previous closing price. On the day, 1498099 shares were traded.
Ratios:
For a deeper understanding of Dave & Buster’s Entertainment Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.89. 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.
On September 07, 2023, Raymond James Downgraded its rating to Outperform which previously was Strong Buy and also lowered its target price recommendation from $60 to $55.
On July 18, 2023, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $56.Piper Sandler initiated its Overweight rating on July 18, 2023, with a $56 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 16 ’24 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 ’23. The SVP, RE & Dev now owns 68,312 shares after completing the transaction at $36.40 per share. On Sep 12 ’23, 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 2.45B and an Enterprise Value of 5.33B. As of this moment, Dave’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.74, and their Forward P/E ratio for the next fiscal year is 13.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 11.22. Its current Enterprise Value per Revenue stands at 2.46 whereas that against EBITDA is 11.24.
Stock Price History:
Over the past 52 weeks, PLAY has reached a high of $64.90, while it has fallen to a 52-week low of $31.65. The 50-Day Moving Average of the stock is 58.08, while the 200-Day Moving Average is calculated to be 45.55.
Shares Statistics:
For the past three months, PLAY has traded an average of 921.46K shares per day and 840.28k over the past ten days. 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 109.34% stake in the company. Shares short for PLAY as of Feb 29, 2024 were 4.61M with a Short Ratio of 5.00, compared to 5.1M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.46% and a Short% of Float of 17.86%.
Earnings Estimates
There are 8 different market analysts currently analyzing its stock. On average, analysts expect EPS of $1.12 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
A total of 9 analysts believe the company’s revenue will be $603.73M this 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 7.10% 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 12.50% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $2.35B 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.
