Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) – Equities research analysts at Jefferies Financial Group issued their FY2021 earnings per share estimates for shares of Dave & Buster’s Entertainment in a report released on Tuesday, December 4th. Jefferies Financial Group analyst A. Barish forecasts that the restaurant operator will earn $3.74 per share for the year. Jefferies Financial Group has a “Buy” rating and a $66.00 price objective on the stock.

Other analysts have also issued research reports about the stock. Canaccord Genuity boosted their price target on shares of Dave & Buster’s Entertainment from $65.00 to $72.00 and gave the company a “buy” rating in a research report on Monday, September 17th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of Dave & Buster’s Entertainment from a “buy” rating to a “hold” rating in a research report on Thursday. ValuEngine raised shares of Dave & Buster’s Entertainment from a “hold” rating to a “buy” rating in a report on Monday, September 17th. William Blair reaffirmed a “buy” rating on shares of Dave & Buster’s Entertainment in a report on Friday, August 17th. Finally, Wells Fargo & Co upped their target price on shares of Dave & Buster’s Entertainment from $62.00 to $64.00 and gave the stock an “outperform” rating in a report on Wednesday, August 29th. One analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $69.82.

NASDAQ PLAY opened at $53.82 on Thursday. Dave & Buster’s Entertainment has a 12-month low of $37.85 and a 12-month high of $67.05. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.36 and a current ratio of 0.47. The company has a market capitalization of $2.12 billion, a PE ratio of 20.70, a price-to-earnings-growth ratio of 1.29 and a beta of 0.63.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last posted its quarterly earnings results on Friday, September 14th. The restaurant operator reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.17. Dave & Buster’s Entertainment had a net margin of 10.26% and a return on equity of 26.34%. The company had revenue of $319.20 million for the quarter, compared to analyst estimates of $311.85 million. During the same quarter in the previous year, the firm posted $0.59 earnings per share. The company’s quarterly revenue was up 13.7% compared to the same quarter last year.

A number of hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in 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 worth $261,918,000 after buying an additional 92,063 shares in the last quarter. Bank of New York Mellon Corp grew its stake in 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 worth $188,258,000 after buying an additional 1,272,203 shares in the last quarter. Mackenzie Financial Corp grew its stake in Dave & Buster’s Entertainment by 15.1% in the 3rd quarter. Mackenzie Financial Corp now owns 1,788,706 shares of the restaurant operator’s stock worth $118,448,000 after buying an additional 234,292 shares in the last quarter. Eagle Asset Management Inc. grew its stake in Dave & Buster’s Entertainment by 37.6% in the 3rd quarter. Eagle Asset Management Inc. now owns 1,191,125 shares of the restaurant operator’s stock worth $78,876,000 after buying an additional 325,346 shares in the last quarter. Finally, Rice Hall James & Associates LLC grew its stake in Dave & Buster’s Entertainment by 6.1% in the 3rd quarter. Rice Hall James & Associates LLC now owns 1,190,101 shares of the restaurant operator’s stock worth $78,808,000 after buying an additional 68,181 shares in the last quarter.

In other Dave & Buster’s Entertainment news, SVP J Michael Plunkett sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, November 1st. The shares were sold at an average price of $59.80, for a total value of $119,600.00. Following the completion of the transaction, the senior vice president now owns 3,671 shares of the company’s stock, valued at approximately $219,525.80. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP John Mulleady sold 7,500 shares of the business’s stock in a transaction that occurred on Monday, September 17th. The stock was sold at an average price of $61.89, for a total transaction of $464,175.00. Following the completion of the transaction, the senior vice president now directly owns 17,004 shares of the company’s stock, valued at approximately $1,052,377.56. The disclosure for this sale can be found here. Insiders have sold a total of 148,600 shares of company stock worth $9,306,183 in the last ninety days. 3.40% of the stock is currently owned by insiders.

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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Earnings History and Estimates for Dave & Buster`s Entertainment (NASDAQ:PLAY)

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