Dave & Buster’s Entertainment Inc (PLAY) is -5.07% away from 50-day simple Moving Average despite all headwinds

On Friday, Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) was 3.01% up from the session before settling in for the closing price of $31.57. A 52-week range for PLAY has been $29.31 – $69.82.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

A company in the Communication Services sector has jumped its sales by 40.19% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -7.48%. With a float of $38.55 million, this company’s outstanding shares have now reached $40.27 million.

In an organization with 23258 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 58.42%, operating margin of 13.06%, and the pretax margin is 6.44%.

Dave & Buster’s Entertainment Inc (PLAY) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Dave & Buster’s Entertainment Inc stocks. The insider ownership of Dave & Buster’s Entertainment Inc is 1.91%, while institutional ownership is 117.90%. The most recent insider transaction that took place on Sep 12 ’24, was worth 444,299. Before that another transaction happened on Sep 12 ’24, when Company’s SVP Chief Information Officer sold 17,512 for $31.13, making the entire transaction worth $545,207. This insider now owns 14,657 shares in total.

Dave & Buster’s Entertainment Inc (PLAY) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 7/31/2024, it has been observed that the corporation posted -0.12 earnings per share (EPS) during the time that was better than consensus figure (set at -0.13) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.95 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -7.48% 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

You can see what Dave & Buster’s Entertainment Inc (PLAY) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.58.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.74, a number that is poised to hit -0.30 in the next quarter and is forecasted to reach 3.60 in one year’s time.

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

Let’s dig in a bit further. During the last 5-days, its volume was 3.92 million. That was better than the volume of 1.26 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 44.11%. Additionally, its Average True Range was 1.46.

During the past 100 days, Dave & Buster’s Entertainment Inc’s (PLAY) raw stochastic average was set at 11.55%, which indicates a significant decrease from 57.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.30% in the past 14 days, which was lower than the 46.26% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $34.15, while its 200-day Moving Average is $48.49. However, in the short run, Dave & Buster’s Entertainment Inc’s stock first resistance to watch stands at $32.94. Second resistance stands at $33.37. The third major resistance level sits at $34.19. If the price goes on to break the first support level at $31.69, it is likely to go to the next support level at $30.87. The third support level lies at $30.44 if the price breaches the second support level.

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

There are 39,560K outstanding shares of the company, which has a market capitalization of 1.28 billion. As of now, sales total 2,205 M while income totals 126,900 K. Its latest quarter income was 588,100 K while its last quarter net income were 41,400 K.