27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
During the last three months, 7 analysts shared their evaluations of Dave & Buster's Enter (NASDAQ:PLAY), revealing diverse outlooks from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 2 | 2 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 2 | 1 | 1 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Dave & Buster's Enter, revealing an average target of $71.86, a high estimate of $80.00, and a low estimate of $58.00. Observing a 18.07% increase, the current average has risen from the previous average price target of $60.86.
Investigating Analyst Ratings: An Elaborate Study
The analysis of recent analyst actions sheds light on the perception of Dave & Buster's Enter by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Nicole Miller Regan | Piper Sandler | Raises | Neutral | $71.00 | $50.00 |
| Andrew Strelzik | BMO Capital | Raises | Outperform | $75.00 | $60.00 |
| Jake Bartlett | Truist Securities | Raises | Buy | $78.00 | $75.00 |
| Dennis Geiger | UBS | Raises | Neutral | $66.00 | $60.00 |
| Andy Barish | Jefferies | Raises | Buy | $80.00 | $60.00 |
| Jake Bartlett | Truist Securities | Raises | Buy | $75.00 | $66.00 |
| Brian Vaccaro | Raymond James | Raises | Outperform | $58.00 | $55.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Dave & Buster's Enter. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Dave & Buster's Enter compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Dave & Buster's Enter's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Dave & Buster's Enter's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Dave & Buster's Enter analyst ratings.
About Dave & Buster's Enter
Dave & Buster's Entertainment Inc owns and operates nearly a hundred entertainment and dining establishments in the United States where customers can eat, drink, play games, and watch televised sports. The play division includes amusement, simulation, and video games, accounts for more than half of total company revenue. Food and beverage accounts for the rest. About one third of food and beverage revenue comes from alcoholic drinks, with the rest coming from food and nonalcoholic beverages.
Key Indicators: Dave & Buster's Enter's Financial Health
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Dave & Buster's Enter displayed positive results in 3 months. As of 31 January, 2024, the company achieved a solid revenue growth rate of approximately 6.26%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: Dave & Buster's Enter's net margin is impressive, surpassing industry averages. With a net margin of 6.03%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Dave & Buster's Enter's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 15.6%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Dave & Buster's Enter's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.97% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Dave & Buster's Enter's debt-to-equity ratio surpasses industry norms, standing at 11.6. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Analyst Ratings: What Are They?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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