Dave & Buster’s Entertainment Inc (PLAY) Stock: What the Analysts are Saying

Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) has a price-to-earnings ratio that is above its average at 12.68x. The stock has a 36-month beta value of 2.14. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 4 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for PLAY is 38.81M, and at present, short sellers hold a 9.46% of that float. On September 10, 2024, the average trading volume of PLAY was 1.24M shares.

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PLAY) stock’s latest price update

Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) has experienced a decline in its stock price by -1.23 compared to its previous closing price of 30.11. However, the company has seen a fall of -2.33% in its stock price over the last five trading days. benzinga.com reported 2024-09-10 that Dave & Buster’s Entertainment, Inc. PLAY will release earnings results for its second quarter, after the closing bell on Tuesday, Sept. 10.

PLAY’s Market Performance

Dave & Buster’s Entertainment Inc (PLAY) has experienced a -2.33% fall in stock performance for the past week, with a -6.36% drop in the past month, and a -38.04% drop in the past quarter. The volatility ratio for the week is 3.66%, and the volatility levels for the past 30 days are at 3.27% for PLAY. The simple moving average for the last 20 days is -5.70% for PLAY’s stock, with a simple moving average of -38.86% for the last 200 days.

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 -14.38% 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 -57.40% of loss for the given period.

Volatility was left at 3.27%, however, over the last 30 days, the volatility rate increased by 3.66%, as shares sank -2.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.07% lower at present.

During the last 5 trading sessions, PLAY fell by -2.04%, which changed the moving average for the period of 200-days by -22.24% in comparison to the 20-day moving average, which settled at $31.49. In addition, Dave & Buster’s Entertainment Inc saw -44.77% 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 13,438 shares at the price of $38.78 back on Jul 03 ’24. After this action, Harper Darin now owns 35,598 shares of Dave & Buster’s Entertainment Inc, valued at $521,126 using the latest closing price.

Harper Darin, the Chief Financial Officer of Dave & Buster’s Entertainment Inc, purchase 140 shares at $37.82 during a trade that took place back on Jul 05 ’24, which means that Harper Darin is holding 35,738 shares at $5,295 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 1.81. 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

To sum up, Dave & Buster’s Entertainment Inc (PLAY) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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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