In the last trading session, 2.09 million Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) shares changed hands as the company’s beta touched 2.20. With the company’s per share price at $25.24 changed hands at -$1.69 or -6.28% during last session, the market valuation stood at $971.81M. PLAY’s last price was a discount, traded about -176.62% off its 52-week high of $69.82. The share price had its 52-week low at $25.00, which suggests the last value was 0.95% up since then. When we look at Dave & Buster’s Entertainment Inc’s average trading volume, we note the 10-day average is 1.56 million shares, with the 3-month average coming to 1.71 million.
Analysts gave the Dave & Buster’s Entertainment Inc (PLAY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.40. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended PLAY as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Dave & Buster’s Entertainment Inc’s EPS for the current quarter is expected to be 0.72.
Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) trade information
Instantly PLAY was in red as seen at the end of in last trading. With action -17.41%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -13.53%, with the 5-day performance at -17.41% in the red. However, in the 30-day time frame, Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) is -14.18% down. Looking at the short shares, we see there were 5.87 million shares sold at short interest cover period of 5.28 days.
The consensus price target for the stock as assigned by Wall Street analysts is 59, meaning bulls need an upside of 57.22% from its current market value. According to analyst projections, PLAY’s forecast low is 59 with 60 as the target high. To hit the forecast high, the stock’s price needs a -137.72% plunge from its current level, while the stock would need to soar -133.76% for it to hit the projected low.
Dave & Buster’s Entertainment Inc (PLAY) estimates and forecasts
Data shows that the Dave & Buster’s Entertainment Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -35.38% over the past 6 months, a -12.50% in annual growth rate that is considerably lower than the industry average of 1.50%. Year-over-year growth is forecast to reach -2.64% down from the last financial year.
Consensus estimates given by 10 financial analysts project the company’s revenue in the current quarter to hit an average of 548.77M. 8 analysts are of the opinion that Dave & Buster’s Entertainment Inc’s revenue for the current quarter will be 602.03M. The company’s revenue for the corresponding quarters a year ago was 599.1M and 588.1M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -8.40%. The estimates for the next quarter sales put growth at 2.37%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -0.36%. The 2025 estimates are for Dave & Buster’s Entertainment Inc earnings to decrease by -30.82%.
PLAY Dividends
Dave & Buster’s Entertainment Inc is expected to release its next quarterly earnings report in February.
Dave & Buster’s Entertainment Inc (NASDAQ:PLAY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.42% of Dave & Buster’s Entertainment Inc shares while 124.02% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 125.81%. There are 124.02% institutions holding the Dave & Buster’s Entertainment Inc stock share, with HILL PATH CAPITAL LP the top institutional holder. As of 2024-06-30, the company held 17.6569% of the shares, roughly 7.12 million PLAY shares worth $283.42 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 12.9313% or 5.21 million shares worth $207.56 million as of 2024-06-30.
Among Mutual Funds, the top two as of Oct 31, 2024 were iShares Core S&P Smallcap ETF and American Century Small Cap Value Fund . With 2.02 shares estimated at $50.93 million under it, the former controlled 5.24% of total outstanding shares. On the other hand, American Century Small Cap Value Fund held about 3.16% of the shares, roughly 1.22 shares worth around $30.67 million.