Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) shares traded 4.66% higher at $31.25 on Wall Street last session.
PLAY stock price is now -9.52% away from the 50-day moving average and -35.70% away from the 200-day moving average. The market capitalization of the company currently stands at $1.24B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target enhanced from $50 to $71, Piper Sandler Downgraded its rating from Overweight to Neutral for Dave & Buster’s Entertainment Inc (NASDAQ: PLAY). , while ‘Piper Sandler’ rates the stock as ‘Overweight’
In other news, Harper Darin, Chief Financial Officer bought 13,438 shares of the company’s stock on Jul 03 ’24. The stock was bought for $521,126 at an average price of $38.78. Upon completion of the transaction, the Chief Financial Officer now directly owns 35,598 shares in the company, valued at $1.11 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 05 ’24, Chief Financial Officer Harper Darin bought 140 shares of the business’s stock. A total of $5,295 was incurred on buying the stock at an average price of $37.82. This leaves the insider owning 35,738 shares of the company worth $1.12 million. A total of 1.91% of the company’s stock is owned by insiders.
During the past 12 months, Dave & Buster’s Entertainment Inc has had a low of $29.34 and a high of $69.82. As of last week, the company has a debt-to-equity ratio of 10.84, a current ratio of 0.24, and a quick ratio of 0.14. According to the stock market information, the enterprise value for the company is $4117487616, which is based on a 11.42 price-to-earnings ratio, a 1.94 price-to-earnings-growth ratio, and a beta of 2.14. The fifty day moving average price for PLAY is $34.3879 and a two-hundred day moving average price translates $48.560074 for the stock.
The latest earnings results from Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) was released for 2024-08-06. The net profit margin was 5.10% and return on equity was 37.64% for PLAY. The company reported revenue of $557.1 million for the quarter, compared to $542.1 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.77 percent.
