Dave & Buster’s Entertainment Inc (PLAY) Stock Experiences -11.54% Monthly Change

The stock of Dave & Buster’s Entertainment Inc (PLAY) has gone up by 0.38% for the week, with a -11.54% drop in the past month and a -26.90% drop in the past quarter. The volatility ratio for the week is 3.88%, and the volatility levels for the past 30 days are 3.92% for PLAY. The simple moving average for the past 20 days is 0.15% for PLAY’s stock, with a -19.87% simple moving average for the past 200 days.

Is It Worth Investing in Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) Right Now?

Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) has a price-to-earnings ratio of 16.77x that is above its average ratio. Additionally, the 36-month beta value for PLAY is 2.14. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 4 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for PLAY is 38.80M and currently, short sellers hold a 12.26% ratio of that float. The average trading volume of PLAY on July 19, 2024 was 1.35M shares.

PLAY) stock’s latest price update

Dave & Buster’s Entertainment Inc (NASDAQ: PLAY)’s stock price has decreased by -0.98 compared to its previous closing price of 39.73. However, the company has seen a 0.38% increase in its stock price over the last five trading sessions. zacks.com reported 2024-07-18 that Dave & Buster’s (PLAY) suffers due to reduced walk-in traffic, a tough economic environment and poor comparable sales figures.

Analysts’ Opinion of PLAY

Many brokerage firms have already submitted their reports for PLAY stocks, with Piper Sandler repeating the rating for PLAY by listing it as a “Neutral.” The predicted price for PLAY in the upcoming period, according to Piper Sandler is $71 based on the research report published on April 04, 2024 of the current year 2024.

Raymond James gave a rating of “Outperform” to PLAY, setting the target price at $55 in the report published on September 07th of the previous year.

PLAY Trading at -14.66% from the 50-Day Moving Average

After a stumble in the market that brought PLAY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.66% of loss for the given period.

Volatility was left at 3.92%, however, over the last 30 days, the volatility rate increased by 3.88%, as shares sank -5.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.81% lower at present.

During the last 5 trading sessions, PLAY rose by +0.38%, which changed the moving average for the period of 200-days by +6.12% in comparison to the 20-day moving average, which settled at $39.17. In addition, Dave & Buster’s Entertainment Inc saw -26.95% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at PLAY starting from Harper Darin, who purchase 140 shares at the price of $37.82 back on Jul 05 ’24. After this action, Harper Darin now owns 35,738 shares of Dave & Buster’s Entertainment Inc, valued at $5,295 using the latest closing price.

Harper Darin, the Chief Financial Officer of Dave & Buster’s Entertainment Inc, purchase 13,438 shares at $38.78 during a trade that took place back on Jul 03 ’24, which means that Harper Darin is holding 35,598 shares at $521,126 based on the most recent closing price.

Stock Fundamentals for PLAY

Current profitability levels for the company are sitting at:

  • 0.13 for the present operating margin
  • 0.58 for the gross margin

The net margin for Dave & Buster’s Entertainment Inc stands at 0.04. The total capital return value is set at 0.08. Equity return is now at value 30.13, with 2.63 for asset returns.

Based on Dave & Buster’s Entertainment Inc (PLAY), the company’s capital structure generated 0.82 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 4.64. The interest coverage ratio of the stock is 2.34.

Currently, EBITDA for the company is 544.6 million with net debt to EBITDA at 5.7. When we switch over and look at the enterprise to sales, we see a ratio of 1.99. The receivables turnover for the company is 64.98for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.32.

Conclusion

In conclusion, Dave & Buster’s Entertainment Inc (PLAY) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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