Dave & Buster’s Entertainment Inc (PLAY) is expecting -37.79% growth in the next quarter: What can investors do to maximize their returns?

A new trading day began on Tuesday, with Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) stock price down -0.83% from the previous day of trading, before settling in for the closing price of $30.11. PLAY’s price has ranged from $29.78 to $69.82 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 40.19%. Meanwhile, its annual earnings per share averaged -8.30%. With a float of $38.81 million, this company’s outstanding shares have now reached $40.27 million.

Considering the fact that the conglomerate employs 23258 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 58.05%, operating margin of 12.81%, and the pretax margin is 5.69%.

Dave & Buster’s Entertainment Inc (PLAY) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Entertainment Industry. The insider ownership of Dave & Buster’s Entertainment Inc is 1.91%, while institutional ownership is 117.13%. The most recent insider transaction that took place on Jul 03 ’24, was worth 521,126. In this transaction Chief Financial Officer of this company bought 13,438 shares at a rate of $38.78, taking the stock ownership to the 35,598 shares. Before that another transaction happened on Jul 05 ’24, when Company’s Chief Financial Officer bought 140 for $37.82, making the entire transaction worth $5,295. This insider now owns 35,738 shares in total.

Dave & Buster’s Entertainment Inc (PLAY) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -8.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.88% during the next five years compared to -0.36% drop over the previous five years of trading.

Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) Trading Performance Indicators

Here are Dave & Buster’s Entertainment Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.54.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.35, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach 3.80 in one year’s time.

Technical Analysis of Dave & Buster’s Entertainment Inc (PLAY)

Compared to the last year’s volume of 1.21 million, its volume of 2.09 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 20.61%. Additionally, its Average True Range was 1.18.

During the past 100 days, Dave & Buster’s Entertainment Inc’s (PLAY) raw stochastic average was set at 1.87%, which indicates a significant decrease from 12.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.10% in the past 14 days, which was lower than the 45.28% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $34.54, while its 200-day Moving Average is $48.60. Nevertheless, the first resistance level for the watch stands at $30.37 in the near term. At $30.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.39. If the price goes on to break the first support level at $29.35, it is likely to go to the next support level at $28.83. Should the price break the second support level, the third support level stands at $28.33.

Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) Key Stats

With a market capitalization of 1.18 billion, the company has a total of 39,560K Shares Outstanding. Currently, annual sales are 2,205 M while annual income is 126,900 K. The company’s previous quarter sales were 588,100 K while its latest quarter income was 41,400 K.