What Dave & Buster’s Entertainment Inc. (PLAY) Insiders Are Up To

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Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) finished Wednesday with an addition of $0.1 to close at $34.95, an upside of 0.29 percent. An average of 1,194,340 shares of common stock have been traded in the last five days. There was a gain of $1.66 in the past week, and it reached a new high 9 times over the past 12 months. The last 20 days have seen an average of 1,491,925 shares traded, while the 50-day average volume stands at 1,177,368.

PLAY stock has decreased by -11.47% in the last month. The company shares reached their 1-month lowest point of $32.85 on 12/20/22. With the stock rallying to its 52-week high on 03/30/22, shares of the company touched a low of $29.60 and a high of $52.54 in 52 weeks. It has reached a new high 8 times so far this year and lost -8.98% or -$3.45 in price. In spite of this, the price is down -33.47% from the 52-week high.


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Insider Transactions

PLAY stock investors should be aware that Dave & Buster’s Entertainment Inc. (PLAY) stock had its last reported insider trading activity 14 days ago on Dec 27. In this transaction, the insider spent $262,500. SVP, Chief Marketing Officer, Coleman Brandon Charles III, disposed of 10,000 shares at a price of $40.06 on May 13. The insider now owns more than $400,640 worth of shares. Prior to that, VP of Accounting & Controller Metzinger Michael Joseph went on to Sale 572 shares at $45.91 each on Apr 28. An amount of $26,260 was transacted.

Valuation Metrics

Dave & Buster’s Entertainment Inc. (PLAY) has a trailing price-to-earnings (P/E) ratio of 13.95. The stock’s beta is 1.83. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.96, the price-to-book (PB) ratio at 4.67, and the price-to-cash flow ratio at 8.72.

Financial Health

The quick ratio of Dave & Buster’s Entertainment Inc. for the three months ended October 30 was 0.50, and the current ratio was 0.60, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 3.39 and a total debt to equity ratio of 3.41 for the quarter ending October 30. Its gross profit as reported stood at $1.1 billion compared to revenue of $1.3 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Dave & Buster’s Entertainment Inc.’s return on assets was 4.10%.

Earnings Surprise

For the three-month period that ended October 30, Dave & Buster’s Entertainment Inc. had $1.22 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $1.92 million in the quarter, while revenues were shrunk -451.56%. The analyst consensus anticipated Dave & Buster’s Entertainment Inc.’s latest quarter earnings to come in at $0.04 per share, but it turned out to be $0.04, a 0.00% surprise. For the quarter, EBITDA amounted to $78.53 million. Shareholders own equity worth $48.29 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Dave & Buster’s Entertainment Inc. (PLAY) price momentum. RSI 9-day as of the close on 28 December was 47.48%, suggesting the stock is Neutral, with historical volatility in this time frame at 29.16%.

As of today, PLAY’s price is $34.68 +4.99% or $1.66 from its 5-day moving average. PLAY is currently trading -10.86% lower than its 20-day SMA and -10.52% lower than its 100-day SMA. However, the stock’s current price level is +2.67% above the SMA50 and -9.78% below the SMA200.

The stochastic %K and %D were 46.80% and 44.99%, respectively, and the average true range (ATR) was 1.20. With the 14-day stochastic at 48.31% and the average true range at 1.33, the RSI (14) stands at 45.62%. The stock has reached 0.69 on the 9-day MACD Oscillator while the 14-day reading was at 0.31.

Analyst Ratings

Deutsche Bank upgraded Dave & Buster’s Entertainment Inc. (NASDAQ: PLAY) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Hold. The consensus rating for Dave & Buster’s Entertainment Inc. (PLAY) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell PLAY, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 8 others rate it as a “buy”.

What is PLAY’s price target for the next 12 months?

Analysts predict a range of price targets between $38.00 and $62.00, with a median target of $55.00. Taking a look at these predictions, the average price target given by analysts for Dave & Buster’s Entertainment Inc. (PLAY) stock is $52.88.

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