12.2 C
New York
Monday, June 5, 2023

It’s Not Over Yet For Dave & Buster’s Entertainment Inc. (NASDAQ: PLAY)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Dave & Buster’s Entertainment Inc. (PLAY) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.44, or 1.24%, to $35.90. The Dave & Buster’s Entertainment Inc. has recorded 18,423 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Dave & Buster’s Reports Record Fourth Quarter and Fiscal Year End 2022 Financial Results.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

Stocks Info

Dave & Buster’s Entertainment Inc. is listed on the NASDAQ as a member of the Communication Services sector and is a part of the Entertainment industry. At the end of the last regular session, the stock closed at $35.46 and fluctuated between $35.78 as its day high and $34.47 as its day low. The current market capitalization of Dave & Buster’s Entertainment Inc. is $1.68B. A total of 1.16 million shares were traded on the day, compared to an average of 1.01M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, PLAY has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 7,500 and the disposition of 7,500 shares. Over the last 12 months, there were 145 BUYs and 12 SELLs from insiders. Insiders purchased 4,463,117 shares during that period but sold 82,642.

In the most recent transaction, Pineiro Antonio bought 500 shares of PLAY for 34.90 per share on Apr 13. After the transaction, the SVP, Chief Int’l Dev Ofc now owns 23,812 company shares. In a previous transaction on Mar 16, Mulleady John sold 7,500 shares at 35.00 per share. PLAY shares that SVP, RE & Dev owns now total 78,777.

Among the insiders who bought shares, Pineiro Antonio acquired of 3,000 shares on Jan 13 at a per-share price of $42.54. This resulted in the SVP, Chief Int’l Dev Ofc holding 23,312 shares of PLAY after the transaction. In another insider transaction, Zickefoose Ashley bought 3,600 shares at $41.58 per share on Jan 11. Company shares held by the SVP, Chief Marketing Officer now total 23,021.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. PLAY’s most recent ex-dividend date was 1/9/2020 when it declared a $0.16 quarterly dividend that was paid in cash on 2/10/2020. Previously, the company paid the dividend on 11/11/2019 with an ex-dividend date of 10/10/2019. The PLAY stock dividend was $0.16 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for PLAY in the last 3 months, the mean price target is $52.86 with high estimates of $60.00 and low estimates of $38.00. In terms of 52-week highs and lows, PLAY has a high of $48.19 and a low of $29.60.

As of this writing, PLAY has an earnings estimate of $1.25 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $1.4 per share and a lower estimate of $0.89.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. PLAY’s latest balance sheet shows that the firm has $25.91M in Cash & Short Term Investments as of fiscal 2022. There were $1.71B in debt and $311.51M in liabilities at the time. Its Book Value Per Share was $8.50, while its Total Shareholder’s Equity was $275.46M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 8 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PLAY is Overweight with a score of 4.67. A total of 7 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles