If you liked this idea, sign up for a no-obligation free trial of my Seeking Alpha Marketplace service, Timely Trader ! I sift through various asset classes to find the best places for your capital, helping you maximize your returns. Timely Trader seeks to find winners before they become winners, and keep you out of losers. In addition, you get access to our community via chat, direct access to me, real-time price alerts, a model portfolio, and more.Shares of Dave & Buster’s (NASDAQ: PLAY ) lost a fifth of ...

Shares of Dave Inc. (DAVE) have gained 33.8% over the past four weeks to close the last trading session at $84.03, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $106 indicates a potential upside of 26.2%.The average comprises six short-term price targets ranging from a low of $90 to a high of $119, with a standard deviation of $10.99. While the lowest estimate indicates an inc ...

U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 50 points on Wednesday.Shares of Macy’s, Inc. M fell sharply in today's pre-market trading after the company reported third-quarter financial results and lowered FY24 EPS outlook.Macy's expects 2024 sales of $22.3 billion—$22.5 billion, compared to prior guidance of $22.1 billion—$22.4 billion and a consensus of $22.42 billion. Macy's expects 2024 adjusted EPS of $2.25-$2.50 compared to prior guidance of $2.34-$2.69 and a con ...

Key TakeawaysShares of Dave & Buster's sank Wednesday morning after the company reported lower sales and a larger net loss than expected for the third quarter.CFO Darin Harper said severe weather and remodeling construction negatively impacted the company's results.The restaurant and arcade operator also announced the resignation of CEO Chris Morris, and said it has been working on a succession plan in recent months. Dave & Buster's (PLAY) stock started Wednesday morning lower after the company posted a lar ...

Dave & Buster's Entertainment, Inc. (PLAY) reported tepid third-quarter fiscal 2024 results, with earnings and revenues missing their respective Zacks Consensus Estimate. Both metrics declined on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company's third-quarter performance (traditionally its lowest seasonal volume period) faced challenges compared to the previous year due to a fiscal calendar mismatch, unfavorable weather in key regions, disruptions ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

There have been several stocks that have doubled in short order following Election Day. The risk-on behavior the broad market has seen is beginning to call upon those animal spirits in all of us. The worry now for investors is, how long can these moves last? One stock that’s doubled up in short order is today’s Bull of the Day.I’m talking about Zacks Rank #1 (Strong Buy) Dave ((DAVE) ). Dave Inc., founded in 2015 and headquartered in Los Angeles, California, is a financial technology company offering a suit ...

DALLAS, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that it will report financial results for its third quarter ended November 5, 2024 after the market closes on Tuesday, December 10, 2024. Management will host a conference call to report these results on Tuesday, December 10, 2024, at 4:00 p.m. Central Time (5:00 p.m. Eastern Time). A live and archived we ...

Dave Inc. (DAVE) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ear ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...