Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) is -17.33% lower on its value in year-to-date trading and has touched a low of $22.83 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 $25.20 in the last trading session, with the day’s loss setting it -1.07%.
Currently trading at $24.13, the stock is -8.06% and -12.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing -4.25% at the moment leaves the stock -32.83% off its SMA200. PLAY registered -60.31% loss for a year compared to 6-month loss of -25.55%.
The stock witnessed a -8.94% gain in the last 1 month and extending the period to 3 months gives it a -36.52%, and is -0.33% down 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 5.00% over the week and 5.33% over the month.
Dave & Buster’s Entertainment Inc (PLAY) has around 23258 employees, a market worth around $929.07M and $2.20B in sales. Current P/E ratio is 11.91 and Fwd P/E is 8.19. Profit margin for the company is 3.88%. Distance from 52-week low is 5.69% and -65.44% from its 52-week high. The company has generated returns on investments over the last 12 months (2.49%).
with sales reaching $548.77M over the same period.The EPS is expected to shrink by -30.82% this year, but quarterly earnings will post -2.64% year-over-year. Quarterly sales are estimated to shrink -8.40% in year-over-year returns.
The shares outstanding are 38.50M, and float is at 37.76M with Short Float at 17.40%.
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 17.9462 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 9.4996 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 Dec 26 ’24 that Mulleady John (SVP, RE & Dev) sold a total of 6,000 shares of the company’s common stock. The trade occurred on Dec 26 ’24 and was made at $29.33 per share for $0.18 million. Following the transaction, the insider now directly holds 51183.0 shares of the PLAY stock.
Still, SEC filings show that on Dec 19 ’24, SHEEHAN KEVIN M (Interim CEO) acquired 19,025 shares at an average price of $26.44 for $0.5 million. The insider now directly holds 69,025 shares of Dave & Buster’s Entertainment Inc (PLAY).
