Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) is -12.40% lower on its value in year-to-date trading and has touched a low of $15.08 and a high of $51.27 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 $23.85 in the last trading session, with the day’s gains setting it 1.72%.
Currently trading at $25.57, the stock is 15.54% and 27.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.88 million and changing 7.19% at the moment leaves the stock -7.14% off its SMA200. PLAY registered -50.05% loss for a year compared to 6-month loss of -31.69%. The firm has a 50-day simple moving average (SMA 50) of $20.0719 and a 200-day simple moving average (SMA200) of $27.53585.
The stock witnessed a 21.53% gain in the last 1 month and extending the period to 3 months gives it a 22.87%, and is 17.94% 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 5.94% over the week and 4.93% over the month.
Dave & Buster’s Entertainment Inc (PLAY) has around 23420 employees, a market worth around $882.90M and $2.13B in sales. Current P/E ratio is 18.40 and Fwd P/E is 10.22. Profit margin for the company is 2.73%. Distance from 52-week low is 69.56% and -50.13% from its 52-week high. The company has generated returns on investments over the last 12 months (1.68%).
with sales reaching $565M over the same period.The EPS is expected to grow by 33.09% this year, but quarterly earnings will post 0.79% year-over-year. Quarterly sales are estimated to shrink -3.93% in year-over-year returns.
Dave & Buster’s Entertainment Inc (PLAY) Top Institutional Holders
267.0 institutions hold shares in Dave & Buster’s Entertainment Inc (PLAY), with institutional investors hold 135.35% of the company’s shares. The shares outstanding are 35.55M, and float is at 33.99M with Short Float at 20.70%. Institutions hold 133.06% 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 17.9462% 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 13.1431 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 4.06 million shares representing 10.2321% 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).
