Dave & Buster’s Entertainment Inc (NASDAQ:PLAY – Get Free Report) has earned an average recommendation of “Moderate Buy” from the nine brokerages that are covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $62.57.
PLAY has been the subject of several recent research reports. BMO Capital Markets decreased their target price on shares of Dave & Buster’s Entertainment from $65.00 to $55.00 and set an “outperform” rating for the company in a research report on Wednesday, September 11th. StockNews.com downgraded shares of Dave & Buster’s Entertainment from a “hold” rating to a “sell” rating in a research report on Wednesday, September 11th. Truist Financial lowered their target price on shares of Dave & Buster’s Entertainment from $64.00 to $59.00 and set a “buy” rating on the stock in a research report on Thursday, August 22nd. Loop Capital decreased their price target on Dave & Buster’s Entertainment from $63.00 to $59.00 and set a “buy” rating for the company in a research note on Thursday, September 12th. Finally, Benchmark began coverage on Dave & Buster’s Entertainment in a research note on Monday, October 7th. They issued a “hold” rating on the stock.
Check Out Our Latest Stock Report on PLAY
Insider Buying and Selling
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC grew its position in Dave & Buster’s Entertainment by 1,931.4% during the second quarter. SG Americas Securities LLC now owns 38,698 shares of the restaurant operator’s stock worth $1,541,000 after buying an additional 36,793 shares in the last quarter. Quadrature Capital Ltd increased its position in shares of Dave & Buster’s Entertainment by 150.1% during the first quarter. Quadrature Capital Ltd now owns 42,279 shares of the restaurant operator’s stock valued at $2,647,000 after purchasing an additional 25,376 shares during the period. Edgestream Partners L.P. acquired a new position in shares of Dave & Buster’s Entertainment in the first quarter valued at $1,417,000. Keeley Teton Advisors LLC acquired a new position in shares of Dave & Buster’s Entertainment in the first quarter valued at $1,803,000. Finally, Quantbot Technologies LP bought a new position in Dave & Buster’s Entertainment in the first quarter worth $2,401,000. Institutional investors own 91.45% of the company’s stock.
Dave & Buster’s Entertainment Stock Performance
Shares of NASDAQ PLAY opened at $36.86 on Tuesday. The company has a debt-to-equity ratio of 4.54, a current ratio of 0.24 and a quick ratio of 0.14. Dave & Buster’s Entertainment has a one year low of $29.31 and a one year high of $69.82. The business’s 50-day moving average price is $32.73 and its two-hundred day moving average price is $41.08. The company has a market capitalization of $1.45 billion, a P/E ratio of 13.45 and a beta of 2.15.
Dave & Buster’s Entertainment (NASDAQ:PLAY – Get Free Report) last announced its quarterly earnings results on Tuesday, September 10th. The restaurant operator reported $1.12 EPS for the quarter, beating the consensus estimate of $0.84 by $0.28. Dave & Buster’s Entertainment had a return on equity of 51.75% and a net margin of 5.10%. The business had revenue of $557.10 million during the quarter, compared to analysts’ expectations of $560.65 million. During the same quarter in the previous year, the business posted $0.94 EPS. The firm’s quarterly revenue was up 2.8% compared to the same quarter last year. Analysts anticipate that Dave & Buster’s Entertainment will post 2.62 earnings per share for the current fiscal year.
About Dave & Buster’s Entertainment
Dave & Buster's Entertainment, Inc owns and operates entertainment and dining venues for adults and families. Its venues offer a menu of entrees and appetizers, as well as a selection of non-alcoholic and alcoholic beverages; and an assortment of entertainment attractions centered on playing games and watching live sports, and other televised events.
See Also
- Five stocks we like better than Dave & Buster’s Entertainment
- How to Calculate Return on Investment (ROI)
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- Insider Buying Explained: What Investors Need to Know
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- Bank Stocks – Best Bank Stocks to Invest In
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for Dave & Buster's Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dave & Buster's Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.