Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) concluded the trading at $38.05 on Thursday, January 13 with a fall of -1.58% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $38.66 and 5Y monthly beta was reading 2.00. Company’s P/E ratio for the trailing 12 months is 77.18. Considering stock’s 52-week price range provides that PLAY hit a high price of $51.73 and saw its price falling to a low level of $29.83 during that period. Over a period of past 1-month, stock came adding 0.08% in its value.
With its current market valuation of $1.84 billion, Dave & Buster’s Entertainment Inc. is set to declare its quarterly results on Mar 29, 2022 – Apr 04, 2022. Analysts are in estimates of $0.62 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to $2.31 for 2022 with estimates of that growing to $2.85 in next year. These estimates are suggesting current year growth of 148.60% for EPS and 23.40% growth next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of $368.01 million. They suggested that in the process company could generate revenue of as low as $356.6 million which could climb up to $386.2 million to hit a high. The average estimate is representing an increase of 215.00% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of $1.33 billion in 2022, which will be 204.50% more from revenue generated by the company last year.
In last 7 days, analysts came adjusting their opinions about stock’s EPS with no upward and no downward revisions, an indication which could give clearer idea about the company’s short term price movement. In contrast, when we review PLAY stock’s current outlook then short term indicators are assigning it an average of 50% Buy, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of Hold for it.
Digging deeper we become aware of the PEG ratio of the PLAY stock which is currently positioned at 16.85. It further provides that stock’s current price level is 0.67% away from its 20-day simple moving average and is 3.54% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 52.11 while volatility remained at 4.79% over the past week which changes to 5.25% when measuring it over the past month. Beta is valued at 1.99, while measure of average true range or ATR is currently at 1.99.
In comparing Dave & Buster’s Entertainment Inc. (PLAY)’s stock with other industry players reveals that stock’s current price change of -1.58% and that of 13.92% over the past 12 months is in competing position with that of Mondelez International Inc. (MDLZ) which saw its stock price raised by 0.40% in the last trading and went through an increase of 18.02% in past 12-month trading. Industry’s another major player Ruth’s Hospitality Group Inc. (RUTH) has rise 3.16% up in previous session, but over the past year has faced a rise of 11.21%, while TreeHouse Foods Inc. (THS) was also up 0.96% however its price remained floating in the green at 11.21% over the same period. Dave & Buster’s Entertainment Inc. has a P/E ratio of 77.18 against that of Mondelez International Inc.’s 21.58 while Ruth’s Hospitality Group Inc. is showing 23.77 for the same. On the other hand, the S&P 500 Index was down -1.42% in the last trading session while the Dow Jones Industrial closed the session lower at -0.49%.
Having a second look at Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) provides that stock’s average daily trading volume for 3 months was 1.27 million. Number of outstanding shares of the stock stood at 48.28 million.
The percentage of outstanding shares held by the insiders is 1.20% while it is 94.40% for the institutional holders. Subtraction of -0.91% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.