The shares of Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) has been pegged with a rating of Buy by Maxim Group in its latest research note that was published on April 3rd, 2019. The research company has also assigned a $67 price target. Maxim Group wasn’t the only research firm that published a report of Dave & Buster’s Entertainment, Inc., with other equities research analysts also giving their opinion on the stock. BMO Capital Markets advised investors in its research note published on April 3rd, 2019, to Outperform the PLAY stock while also putting a $66 price target. The stock had earned Buy rating from Maxim Group when it published its report on December 12th, 2018. That day the Maxim Group set price target on the stock to $64. The stock was given Buy rating by Maxim Group in its report released on December 7th, 2018, the day when the price target on the stock was placed at $76. Loop Capital was of a view that PLAY is Buy in its latest report on October 25th, 2018. Gordon Haskett thinks that PLAY is worth Buy rating. This was contained in the firm’s report on October 19th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 0 believe it has the potential for further growth, thus rating it as Hold while 5 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $63.60. The price of the stock the last time has raised by 20.45% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 47.16.
The shares of the company added by 1.90% during the trading session on Tuesday, reaching a low of $50.00 while ending the day at $51.53. During the trading session, a total of 3.58 million shares were traded which represents a -373100.84% decline from the average session volume which is 959.78K shares. PLAY had ended its last session trading at 50.57. Dave & Buster’s Entertainment, Inc. currently has a market cap of $1.89B, while its P/E ratio stands at 17.61, while its P/E earnings growth sits at 1.49, with a beta of 1.10. Dave & Buster’s Entertainment, Inc. debt-to-equity ratio currently stands at 1.01, while its quick ratio hovers at 0.30. PLAY 52-week low price stands at $42.78 while its 52-week high price is $67.05.
The company in its last quarterly report recorded $0.75 earnings per share which is above the $0.63 predicted by most analysts. The Dave & Buster’s Entertainment, Inc. generated $331.78 million in revenue during the last quarter, which is slightly higher than the $323.77 million predicted by analysts. In the second quarter last year, the firm recorded $0.30 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 60%. Dave & Buster’s Entertainment, Inc. has the potential to record 2.93 EPS for the current fiscal year, according to equities analysts.
Investment analysts at BofA/Merrill published a research note on February 20th, 2019 where it informed investors and clients that American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) is now rated as Buy. Their price target on the stock stands at $20. BMO Capital Markets also rated AXL as Reiterated on April 3rd, 2019, with its price target of $66 suggesting that AXL could surge by 35.89% from its current share price. Even though the stock has been trading at $11.50/share, analysts expect it to surge higher by 1.57% to reach $18.22/share. It started the day trading at $11.92 and traded between $11.55 and $11.68 throughout the trading session.
A look at its technical shows that AXL’s 50-day SMA is 13.31 while its 200-day SMA stands at 14.29. At the moment, only of American Axle & Manufacturing Holdings, Inc. shares were sold short. The company’s average trading volume currently stands at 1.73M shares, which means that the short-interest ratio is just 5.93 days. Over the past seven days, the company moved, with its shift of 3.91%. Looking further, the stock has dropped -19.61% over the past 90 days while it gained 3.09% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. BlackRock Fund Advisors bought more AXL shares, increasing its portfolio by +1.35% during the last quarter. This move now sees BlackRock Fund Advisors purchasing 206,550 shares in the last quarter, thus it now holds 15,480,206 shares of AXL, with a total valuation of $156,504,883. The Vanguard Group Inc meanwhile bought more AXL shares in the recently filed quarter, changing its stake to $119,158,098 worth of shares. Dimensional Fund Advisors LP followed the path by increasing its AXL portfolio by +0.01% in the quarter. This means that Dimensional Fund Advisors LP bought 590 shares in the last quarter and now controls 9,386,848 shares of the AXL stock, with the valuation hitting $94,901,033.
Similarly, LSV Asset Management increased its American Axle & Manufacturing Holdings, Inc. shares by +49.80% during the recently filed quarter. After buying 1,809,991 shares in the last quarter, the firm now controls 5,444,771 shares of American Axle & Manufacturing Holdings, Inc. which are valued at $55,046,635. In the same vein, Thrivent Investment Management I increased its American Axle & Manufacturing Holdings, Inc. shares by during the most recent reported quarter. The firm bought 84,470 shares during the quarter which increased its stakes to 3,808,894 shares and is now valued at $38,507,918. Following these latest developments, around 2.10% of American Axle & Manufacturing Holdings, Inc. stocks are owned by institutional investors and hedge funds.