Dave(DAVE)

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Is DAVE INC (DAVE) Stock Outpacing Its Business Services Peers This Year?
ZACKS· 2025-04-28 14:46
For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Dave Inc. (DAVE) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.Dave Inc. is a member of the Business Services sector. This ...
Dave to Host First Quarter 2025 Conference Call on May 8, 2025 at 8:30 a.m. ET
Prnewswire· 2025-04-24 20:17
LOS ANGELES, April 24, 2025 /PRNewswire/ -- Dave Inc. ("Dave" or the "Company") (Nasdaq: DAVE), one of the nation's leading neobanks, will host a conference call on Thursday, May 8, 2025 at 8:30 a.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2025. The Company's results will be reported in a press release on the same day, prior to the conference call.Dave management will host the conference call, followed by a question-and-answer period. The conference call details a ...
Valneva SE Company Investigated by the Portnoy Law Firm
GlobeNewswire News Room· 2025-04-22 22:42
LOS ANGELES, April 22, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Valneva SE (“Valneva” or “the Company”) (NASDAQ: DAVE) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Dave investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: info@portnoylaw.com, to discuss their legal righ ...
Spirit Airlines Picks New CEO From Rival Sun Country
PYMNTS.com· 2025-04-17 19:58
Leadership Changes - Dave Davis, former CFO and president of Sun Country Airlines, will become Spirit Airlines' new CEO next week [1] - Duncan Dee has been appointed as the new senior vice president for corporate communications [2] - Trey Urbahn has been named Spirit's senior commercial advisor, focusing on network, pricing, yield management, and onboard offerings [3] Financial Challenges - Spirit Airlines faced significant financial struggles during the previous CEO's tenure, leading to a bankruptcy filing in November of last year due to prolonged losses and substantial debt [4] - The airline emerged from bankruptcy last month, indicating a potential recovery phase [4] Strategic Direction - To revitalize its business, Spirit Airlines aims to shift towards premium services, projecting a revenue increase of up to 13% per passenger [6] - The company plans to upgrade its loyalty program and explore strategic partnerships with other airlines to strengthen its market position [6] Industry Trends - Other airlines, such as Delta Air Lines, are also focusing on premium services, indicating a broader industry trend towards enhancing customer experience [7] - Delta reported resilience in its premium, loyalty, and international businesses, contrasting with softness in domestic and main cabin sectors [7][8]
Dave Skyrockets 147% in a Year: Time to Buy the Stock or Stay Away?
ZACKS· 2025-04-16 16:20
Core Viewpoint - Dave Inc. (DAVE) has demonstrated exceptional stock performance, with a 147.3% increase over the past year, significantly outperforming its industry and the S&P 500 composite [1][4][17] Stock Performance - DAVE's stock has outperformed its industry peers, with Byrna Technologies Inc. (BYRN) gaining 58.7% and UiPath (PATH) declining by 44.7% over the same period [1] - In the last six months, DAVE shares increased by 95.9%, while the industry and UiPath experienced declines of 3.7% and 17.1%, respectively [4] - The stock closed at $83.84, which is 49% lower than its 52-week high of $125.00 [4] Credit Performance - In Q4 2024, DAVE experienced a 44% year-over-year increase in originations and a 53-basis-point improvement in the 28-day delinquency rate, attributed to its proprietary AI underwriting model, CashAI [6] - CashAI's real-time assessment of bank account transaction data enhances credit risk evaluation compared to traditional FICO-based methods [7] Revenue and Margin Expansion - DAVE's top line grew by 38% year-over-year in Q4 2024, driven by an increase in the transacting member base and effective customer acquisition [8] - The variable margin increased by 15% year-over-year, with fixed expenses declining by 800 basis points due to improved credit performance and cost management [10] - The adjusted EBITDA margin expanded by 1940 basis points year-over-year, indicating continued margin expansion potential [11] Capital Returns and Liquidity - DAVE's trailing 12-month return on equity (ROE) stands at 47.7%, significantly higher than the industry average of 6.4% [12] - The current ratio for DAVE in Q4 2024 was 8.05, well above the industry's 1.63, indicating strong short-term debt coverage capabilities [14] Future Prospects - The Zacks Consensus Estimate projects DAVE's 2025 revenues at $424.5 billion, reflecting a 22.3% increase year-over-year, with earnings expected to grow by 26.9% [16] - For 2026, revenue and earnings are anticipated to rise by 21.6% and 22.2% year-over-year, respectively [16] Investment Recommendation - DAVE's advancements in credit risk management, consistent revenue growth, margin expansion, high capital returns, and robust liquidity position suggest a strong investment opportunity [17]
Dave's Killer Bread Remixes a Classic with the Launch of Sandwich Rolls
Prnewswire· 2025-04-16 13:00
Available in Two Varieties, Baked with Organic Ingredients and Loaded with Whole Grain Nutrition As a part of the brand's ethos to offer products made with the highest quality ingredients, Dave's Killer Bread Sandwich Rolls are certified USDA organic, Non-GMO Project Verified, and contain no high fructose corn syrup, no artificial additives or preservatives. MILWAUKIE, Ore., April 16, 2025 /PRNewswire/ -- America's #1 organic bread brand, Dave's Killer Bread®, is expanding its product lineup with the nation ...
Dave Donates $1 Million to Los Angeles Regional Food Bank to Support Community Recovery Efforts
Prnewswire· 2025-04-16 12:00
Dave continues long-standing commitment to charitable giving, surpassing $21 million in lifetime contributions. About the Los Angeles Regional Food Bank The Los Angeles Regional Food Bank (the "Food Bank") has been mobilizing resources to fight hunger in Los Angeles County for over 50 years. To support the Food Bank's vision that no one goes hungry in Los Angeles County, food and grocery products are distributed through a network of partner agencies and other Food Bank programs. The Food Bank also energizes ...
Dave & Buster's Stock: A Short-Squeeze PLAY for Q2
MarketBeat· 2025-04-10 11:16
Dave & Buster's Entertainment TodayPLAYDave & Buster's Entertainment$17.53 +1.47 (+9.15%) 52-Week Range$15.08▼$62.21P/E Ratio8.68Price Target$33.00Add to WatchlistDave & Buster’s NASDAQ: PLAY has faced many headwinds, many self-inflicted, but those days are over, and the restaurant stock is set up for a significant advance. Not only is the board and executive team, including interim CEO and board member Kevin Sheehan, “laser-focused,” but they are “unwinding mistakes” made by the prior CEO. Those include ...
Dave & Buster's Q4 Earnings Surpass Estimates, Revenues Lag
ZACKS· 2025-04-08 14:30
Dave & Buster's Entertainment, Inc. (PLAY) reported fourth-quarter fiscal 2024 results, with earnings beating the Zacks Consensus Estimate and revenues missing the same. Both metrics declined on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Dave & Buster’s reported a weak fourth quarter but expressed confidence in the company’s direction as recent trends show signs of improvement. The current leadership team is undoing several decisions made by prior managem ...
Dave & Buster's Q4 Earnings: Share Buybacks Gone Wrong (Rating Downgrade)
Seeking Alpha· 2025-04-08 08:06
Even though the stock moved higher by 1% on the back of its earnings report, I believe that this stock isDave & Buster's Entertainment (NASDAQ: PLAY ) delivered fiscal Q4 2025 earnings that were a miss on the topline.Strong Investment PotentialMy Marketplace highlights a portfolio of undervalued investment opportunities - stocks with rapid growth potential, driven by top quality management, while these stocks are cheaply valued.I follow countless companies and select for you the most attractive investments. ...