Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) closed the day trading at $65.10 down -4.67% from the previous closing price of $68.29. In other words, the price has decreased by -$3.19 from its previous closing price. On the day, 2376039 shares were traded.
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 70.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 77.16. 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 Mulleady John sold 42,824 shares for $66.58 per share. The transaction valued at 2,851,320 led to the insider holds 57,132 shares of the business.
Griffith Michael J sold 5,203 shares of PLAY for $341,161 on Apr 04 ’24. The Director now owns 33,546 shares after completing the transaction at $65.57 per share. On Jan 16 ’24, another insider, Mulleady John, who serves as the SVP, RE & Dev of the company, sold 7,500 shares for $48.25 each. As a result, the insider received 361,860 and left with 57,132 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 2.62B and an Enterprise Value of 5.50B. As of this moment, Dave’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.27, and their Forward P/E ratio for the next fiscal year is 12.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 10.44. Its current Enterprise Value per Revenue stands at 2.49 whereas that against EBITDA is 11.19.
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 59.74, while the 200-Day Moving Average is calculated to be 46.21.
Shares Statistics:
Over the past 3-months, PLAY traded about 1.06M shares per day on average, while over the past 10 days, PLAY traded about 1.83M shares per day. A total of 40.27M shares are outstanding, with a floating share count of 39.61M. Insiders hold about 1.72% of the company’s shares, while institutions hold 109.01% stake in the company. Shares short for PLAY as of Mar 15, 2024 were 4.57M with a Short Ratio of 4.30, compared to 5.48M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.38% and a Short% of Float of 17.74%.
Earnings Estimates
Current recommendations for the stock of the company come from 7 analysts. On average, analysts expect EPS of $1.75 for the current quarter, with a high estimate of $2.06 and a low estimate of $1.36, while EPS last year was $1.45. The consensus estimate for the next quarter is $1.16, with high estimates of $1.31 and low estimates of $1.04.
Analysts are recommending an EPS of between $5.09 and $3.8 for the fiscal current year, implying an average EPS of $4.3. EPS for the following year is $5.09, with 7 analysts recommending between $5.8 and $4.07.
Revenue Estimates
A total of 9 analysts have provided revenue estimates for PLAY’s current fiscal year. The highest revenue estimate was $2.41B, while the lowest revenue estimate was $2.27B, resulting in an average revenue estimate of $2.33B. In the same quarter a year ago, actual revenue was $2.21B, up 5.80% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $2.52B in the next fiscal year. The high estimate is $2.63B and the low estimate is $2.45B. The average revenue growth estimate for next year is up 8.10% from the average revenue estimate for this year.
