Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY): What Does the Sell-Side Think About These Shares?

When conducting stock due diligence, investors may want to take a look at what the covering analysts are saying about the firm. Zacks Research provides an average analyst rating which is compiled using polled sell-side analysts.  After a recent scan, we can see that the current ABR for Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) is 1.1. Research firms may use various terminologies to describe their stock recommendations. This particular rating falls on a numerical scale from 1 to 5. A 1 rating would point to a Strong Buy, and a score of 5 would indicate a Strong Sell rating. The average analyst rating helps investors by offering a general feel for sell-side sentiment on firm shares. We have also noted that 10 analysts presently have the stock rated as a Buy or Strong Buy.

Investors have many things to keep an eye on when trading the stock market. Riding through the ups and downs that come with market volatility may take some getting used to for beginners. Even if the investor does all the proper due diligence and stock diligence work, things may not go as planned. One of the more essential aspects of securing long-term success in the markets is learning how to execute a well-planned strategy all the way through to completion. Finding that right stocks to add to the portfolio may take some time and effort, but it can be accomplished. Deciding on the proper time to sell can be the trickiest part. Many investors will have the tendency to panic when markets are suffering. Although market panic may be fairly normal, it can have longer lasting adverse effects on the stock portfolio. 

Viewing some sought-after support and resistance marks on shares of Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY), we can see that the 52-week high is currently $66.22, and the 52-week low is presently $38.05. When the stock is trading near the 52-week high or 52-week low, investors may be on the lookout for a potential break through the level. Looking at recent action, we can see that the stock has been trading near the $53.82 level. Investors may also want to track historical price activity. Over the past 12 weeks, the stock has changed -6.43%. Looking special back to the beginning of the calendar year, we note that shares have moved -2.45%. Over the previous 4 weeks, shares have seen a change of -11.45%. Over the last 5 trading sessions, the stock has moved -6.4%. Investors will be monitoring stock activity over the next few days to try and gauge which way the momentum is shifting.

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Wall Street analysts tracking shares of Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) have been closely monitor firm activities and fundamentals. They Often times create due diligence reports to help with investment decisions. On a consensus basis, analysts have set a target price of $68.56 on the stock. This number may be alternate from the First Call consensus target estimate. Analysts that routinely cover the firm may use alternate modes in order to create a future target price. Because of the alternate procedures, price targets may differ greatly from one broker to another.

Shifting gears, we can see that the current quarter earnings per share consensus estimate for Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) is .66. This earnings per share estimate is using 6 sell-side analysts polled by Zacks Research. For the prior reporting duration, the firm posted a quarterly earnings per share of .84. As we move through earnings course, all eyes will be on the firm to see if they can beat broker estimates and show improvement from the last quarter. When a firm reports actual earnings numbers, the surprise factor can cause a share price to realize increased activity. Investors and analysts will be closely watching to see how the earnings results impact the stock after the next release. Many investors will decide to be cautious around earnings releases and delay buy/sell moves until after the share price has steadied.

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