During the last session, Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY)’s traded shares were 0.89 million, with the beta value of the company hitting 2.10. At the end of the trading day, the stock’s price was $36.42, reflecting an intraday loss of -1.83% or -$0.68. The 52-week high for the PLAY share is $51.73, that puts it down -42.04 from that peak though still a striking 64.28% gain since the share price plummeted to a 52-week low of $13.01. The company’s market capitalization is $1.68B, and the average intraday trading volume over the past 10 days was 1.46 million shares, and the average trade volume was 1.23 million shares over the past three months.
Dave & Buster’s Entertainment Inc. (PLAY) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.40. PLAY has a Sell rating from 1 analyst(s) out of 11 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.56.
Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) trade information
Dave & Buster’s Entertainment Inc. (PLAY) registered a -1.83% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.83% in intraday trading to $36.42 this Friday, 09/03/21, hitting a weekly high. The stock’s 5-day price performance is -4.86%, and it has moved by 7.91% in 30 days. Based on these gigs, the overall price performance for the year is 97.24%. The short interest in Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) is 7.46 million shares and it means that shorts have 7.95 day(s) to cover.
The consensus price target of analysts on Wall Street is $49.56, which implies an increase of 26.51% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $38.00 and $57.00 respectively. As a result, PLAY is trading at a discount of -56.51% off the target high and -4.34% off the low.
Dave & Buster’s Entertainment Inc. (PLAY) estimates and forecasts
Statistics show that Dave & Buster’s Entertainment Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Dave & Buster’s Entertainment Inc. (PLAY) shares have gone down -18.43% during the last six months, with a year-to-date growth rate more than the industry average at 134.04% against 33.30. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to grow 145.20% this quarter and then jump 105.00% in the quarter after that. In the rating firms’ projections, revenue will increase 196.60% compared to the previous financial year.
Revenue for the current quarter is expected to be $356.61 million as predicted by 11 analyst(s). Meanwhile, a consensus of 11 analyst(s) estimates revenue growth to $311.82 million by the end of Oct 2021.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -40.20%. While earnings are projected to return -261.60% in 2021, the next five years will return 4.58% per annum.
Dave & Buster’s Entertainment Inc. is due to release its next quarterly earnings between September 08 and September 13. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY)’s Major holders
Dave & Buster’s Entertainment Inc. insiders own 1.85% of total outstanding shares while institutional holders control 95.66%, with the float percentage being 97.47%. Blackrock Inc. is the largest shareholder of the company, while 278 institutions own stock in it. As of Jun 29, 2021, the company held over 7.39 million shares (or 15.35% of all shares), a total value of $300.16 million in shares.
The next largest institutional holding, with 5.02 million shares, is of Vanguard Group, Inc. (The)’s that is approximately 10.42% of outstanding shares. At the market price on Jun 29, 2021, these shares were valued at $203.66 million.
Also, the Mutual Funds coming in first place with the largest holdings of Dave & Buster’s Entertainment Inc. (PLAY) shares are iShares Core S&P Smallcap ETF and American Century Small Cap Value Fund. Data provided on Jun 29, 2021 indicates that iShares Core S&P Smallcap ETF owns about 3.22 million shares. This amounts to just over 6.69 percent of the company’s overall shares, with a $130.89 million market value. The same data shows that the other fund manager holds slightly less at 1.45 million, or about 3.00% of the stock, which is worth about $58.67 million.