Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) price closed higher on Monday, September 13, jumping 1.14% above its previous close.
A look at the daily price movement shows that the last close reads $35.85, with intraday deals fluctuated between $33.70 and $36.61. The company’s 5Y monthly beta was ticking 2.11. Taking into account the 52-week price action we note that the stock hit a 52-week high of $51.73 and 52-week low of $13.01. The stock subtracted -1.71% on its value in the past month.
Dave & Buster’s Entertainment Inc., which has a market valuation of $1.73 billion, is expected to release its quarterly earnings report Dec 08, 2021 – Dec 13, 2021. Analysts tracking PLAY have forecast the quarterly EPS to grow by 0.04 per share this quarter, while the same analysts predict the annual EPS to hit $1.63 for the year 2021 and up to $2.54 for 2023. In this case, analysts estimate an annual EPS growth of 134.30% for the year and 55.80% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $311.58 million, with the likely lows of $297.93 million and highs of $326 million. Staying with the analyst view, there is a consensus estimate of $1.3 billion for the company’s annual revenue in 2022. Per this projection, the revenue is forecast to grow 197.00% above that which the company brought in 2022.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give PLAY a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 11 analysts have assigned PLAY a recommendation rating as follows: 5 rate it as a Hold; 5 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Dave & Buster’s Entertainment Inc. (PLAY) stock as Underweight, with 1 recommending Sell. In general, analysts have rated the stock Overweight, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that PLAY’s price is at present 2.26% off the SMA20 and 1.62% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 51.92, with weekly volatility standing at 7.49%. The indicator jumps to 5.28% when calculated based on the past 30 days. Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY)’s beta value is holding at 2.09, while the average true range (ATR) indicator is currently reading 2.09. Considering analysts have assigned the stock a price target range of $40.00-$58.00 as the low and high respectively, we find the trailing 12-month average consensus price target to be $48.22. Based on this estimate, we see that current price is roughly -10.31% off the estimated low and -59.96% off the forecast high. Investors will no doubt be excited to see the share price fall to $50.00, which is the median consensus price, and at that level PLAY would be -37.89% from current price.
Turning out attention to how the Dave & Buster’s Entertainment Inc. stock has performed in comparison to its peers in the industry, here’s what we find: PLAY’s stock is 1.14% on the day and 119.36% in the past 12 months, while Mondelez International Inc. (MDLZ) traded 0.90% in the last session and was positioned 5.60% up on its price 12 months ago. Another comparison is with Ruth’s Hospitality Group Inc. (RUTH) whose stock price was up 1.36% in the last trading session, and has flourished 81.66% over the past year. Also, TreeHouse Foods Inc. (THS) showed up trend of 1.44% while its price kept floating at -2.42% over the past year. Elsewhere in the market, the S&P 500 Index has rallied 0.23% in last trading session, with the Dow Jones Industrial also saw a positive session on the day with 0.76%.
An analysis of the Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) stock in terms of its daily trading volume indicates that the 3-month average is 1.30 million.
Current records show that the company has 48.18M in outstanding shares. The insiders’ percentage holdings are 2.00% of outstanding shares while the percentage share held by institutions stands at 95.70%. But the 20.79% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.