Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) is -38.61% lower on its value in year-to-date trading and has touched a low of $29.31 and a high of $69.82 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PLAY stock was last observed hovering at around $31.99 in the last trading session, with the day’s gains setting it 1.07%.
Currently trading at $33.06, the stock is 4.99% and -0.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing 3.34% at the moment leaves the stock -31.25% off its SMA200. PLAY registered -6.50% loss for a year compared to 6-month loss of -46.21%. The firm has a 50-day simple moving average (SMA 50) of $33.002 and a 200-day simple moving average (SMA200) of $48.0164.
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The stock witnessed a 4.59% gain in the last 1 month and extending the period to 3 months gives it a -16.52%, and is 0.52% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.44% over the week and 4.25% over the month.
Dave & Buster’s Entertainment Inc (PLAY) has around 23258 employees, a market worth around $1.30B and $2.21B in sales. Current P/E ratio is 12.08 and Fwd P/E is 9.19. Profit margin for the company is 5.10%. Distance from 52-week low is 12.79% and -52.65% from its 52-week high. The company has generated returns on investments over the last 12 months (3.42%).
The EPS is expected to shrink by -7.50% this year
300.0 institutions hold shares in Dave & Buster’s Entertainment Inc (PLAY), with institutional investors hold 120.85% of the company’s shares. The shares outstanding are 40.27M, and float is at 38.57M with Short Float at 16.84%. Institutions hold 118.96% of the Float.
The top institutional shareholder in the company is HILL PATH CAPITAL LP with over 7.12 million shares valued at $283.42 million. The investor’s holdings represent 17.6569 of the PLAY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.21 million shares valued at $207.56 million to account for 12.9313 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 4.06 million shares representing 10.0672 and valued at over $161.59 million, while EMINENCE CAPITAL, LP holds 9.3464 of the shares totaling 3.77 million with a market value of $150.02 million.
Dave & Buster’s Entertainment Inc (PLAY) Insider Activity
Dave & Buster’s Entertainment Inc disclosed in a document filed with the SEC on Sep 12 ’24 that Klohn Steve (SVP Chief Information Officer) sold a total of 17,512 shares of the company’s common stock. The trade occurred on Sep 12 ’24 and was made at $31.13 per share for $0.55 million. Following the transaction, the insider now directly holds 14657.0 shares of the PLAY stock.
Still, SEC filings show that on Sep 12 ’24, Klohn Steve (Officer) Proposed Sale 3,225 shares at an average price of $31.29 for $0.1 million. The insider now directly holds shares of Dave & Buster’s Entertainment Inc (PLAY).
