With 0.99 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.37 million shares. The 52-week range on PLAY shows that it touched its highest point at $57.10 and its lowest point at $15.08 during that stretch. It currently has a 1-year price target of $24.71. Beta for the stock currently stands at 2.00.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PLAY was up-trending over the past week, with a rise of 9.38%, but this was up by 29.65% over a month. Three-month performance dropped to -20.97% while six-month performance fell -45.57%. The stock lost -60.26% in the past year, while it has lost -28.09% so far this year. A look at the trailing 12-month EPS for PLAY yields 1.39 with Next year EPS estimates of 2.71. For the next quarter, that number is 1.01. This implies an EPS growth rate of 41.32% for this year and 31.32% for next year. EPS is expected to grow by 29.76% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -13.10%.
Float and Shares Shorts:
At present, 35.55 million PLAY shares are outstanding with a float of 33.98 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PLAY since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.20743 being high and $3.05421 being low. For PLAY, this leads to a yearly average estimate of $3.12571. Based on analyst estimates, the high estimate for the next quarter is $1.1 and the low estimate is $0.77. The average estimate for the next quarter is thus $0.99.
