Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) Director Stephen M. King sold 10,935 shares of the business’s stock in a transaction on Friday, April 5th. The shares were sold at an average price of $54.69, for a total transaction of $598,035.15. Following the completion of the sale, the director now directly owns 43,186 shares in the company, valued at $2,361,842.34. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Shares of NASDAQ:PLAY opened at $52.01 on Thursday. The company has a current ratio of 0.37, a quick ratio of 0.26 and a debt-to-equity ratio of 0.98. Dave & Buster’s Entertainment Inc has a one year low of $37.98 and a one year high of $67.05. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 17.75, a price-to-earnings-growth ratio of 1.19 and a beta of 1.00.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last issued its quarterly earnings results on Tuesday, April 2nd. The restaurant operator reported $0.75 EPS for the quarter, topping the consensus estimate of $0.63 by $0.12. Dave & Buster’s Entertainment had a net margin of 9.26% and a return on equity of 27.71%. The firm had revenue of $331.80 million for the quarter, compared to analysts’ expectations of $324.90 million. During the same period in the previous year, the firm posted $0.61 EPS. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. As a group, equities analysts forecast that Dave & Buster’s Entertainment Inc will post 3.11 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Tuesday, March 26th were given a dividend of $0.15 per share. The ex-dividend date was Monday, March 25th. This represents a $0.60 annualized dividend and a yield of 1.15%. Dave & Buster’s Entertainment’s dividend payout ratio (DPR) is presently 20.48%.

PLAY has been the topic of several analyst reports. Maxim Group boosted their price target on shares of Dave & Buster’s Entertainment from $64.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday, April 3rd. BidaskClub raised shares of Dave & Buster’s Entertainment from a “sell” rating to a “hold” rating in a research report on Tuesday, March 26th. Zacks Investment Research cut shares of Dave & Buster’s Entertainment from a “hold” rating to a “sell” rating in a research report on Monday, February 4th. BMO Capital Markets reissued an “outperform” rating and set a $66.00 price target (up from $62.00) on shares of Dave & Buster’s Entertainment in a research report on Wednesday, April 3rd. Finally, Wells Fargo & Co boosted their price target on shares of Dave & Buster’s Entertainment from $59.00 to $60.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 3rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $65.00.

Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Dave & Buster’s Entertainment by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 3,955,269 shares of the restaurant operator’s stock valued at $261,918,000 after purchasing an additional 92,063 shares during the period. Vanguard Group Inc raised its holdings in shares of Dave & Buster’s Entertainment by 2.4% in the 3rd quarter. Vanguard Group Inc now owns 3,955,269 shares of the restaurant operator’s stock valued at $261,918,000 after purchasing an additional 92,063 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Dave & Buster’s Entertainment by 81.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,842,912 shares of the restaurant operator’s stock valued at $188,258,000 after purchasing an additional 1,272,203 shares during the period. Mackenzie Financial Corp raised its holdings in shares of Dave & Buster’s Entertainment by 16.0% in the 4th quarter. Mackenzie Financial Corp now owns 2,075,402 shares of the restaurant operator’s stock valued at $92,480,000 after purchasing an additional 286,696 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Dave & Buster’s Entertainment by 2.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,182,893 shares of the restaurant operator’s stock valued at $52,710,000 after purchasing an additional 24,246 shares during the period.

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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 entrées 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.

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Insider Buying and Selling by Quarter for Dave & Buster`s Entertainment (NASDAQ:PLAY)

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