Analysts forecast that Dave & Buster’s Entertainment Inc (NASDAQ:PLAY – Get Rating) will report $1.19 earnings per share (EPS) for the current quarter, Zacks reports. Six analysts have issued estimates for Dave & Buster’s Entertainment’s earnings, with the lowest EPS estimate coming in at $0.78 and the highest estimate coming in at $1.40. Dave & Buster’s Entertainment posted earnings of $0.40 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 197.5%. The business is scheduled to issue its next quarterly earnings report on Monday, January 1st.
On average, analysts expect that Dave & Buster’s Entertainment will report full year earnings of $3.34 per share for the current year, with EPS estimates ranging from $2.30 to $3.79. For the next fiscal year, analysts forecast that the firm will post earnings of $3.91 per share, with EPS estimates ranging from $2.90 to $4.45. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of analysts that cover Dave & Buster’s Entertainment.
Dave & Buster’s Entertainment (NASDAQ:PLAY – Get Rating) last posted its quarterly earnings data on Monday, March 28th. The restaurant operator reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.09). The business had revenue of $343.10 million for the quarter, compared to the consensus estimate of $364.46 million. Dave & Buster’s Entertainment had a net margin of 8.33% and a return on equity of 46.70%. Dave & Buster’s Entertainment’s quarterly revenue was up 193.7% on a year-over-year basis. During the same period in the prior year, the business posted ($1.19) EPS.
In other Dave & Buster’s Entertainment news, CEO Kevin M. Sheehan purchased 10,000 shares of Dave & Buster’s Entertainment stock in a transaction that occurred on Friday, April 8th. The shares were bought at an average price of $40.58 per share, for a total transaction of $405,800.00. Following the acquisition, the chief executive officer now directly owns 163,798 shares in the company, valued at $6,646,922.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP Michael Joseph Metzinger sold 2,226 shares of the business’s stock in a transaction dated Wednesday, March 30th. The shares were sold at an average price of $50.00, for a total value of $111,300.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,798 shares of company stock worth $538,161. Company insiders own 3.21% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the stock. Whittier Trust Co. raised its stake in Dave & Buster’s Entertainment by 93.2% during the 4th quarter. Whittier Trust Co. now owns 738 shares of the restaurant operator’s stock valued at $28,000 after buying an additional 356 shares during the last quarter. Lazard Asset Management LLC bought a new position in shares of Dave & Buster’s Entertainment during the 1st quarter valued at about $32,000. Exane Derivatives bought a new position in shares of Dave & Buster’s Entertainment during the 4th quarter valued at about $40,000. Nisa Investment Advisors LLC lifted its holdings in shares of Dave & Buster’s Entertainment by 68.9% in the 1st quarter. Nisa Investment Advisors LLC now owns 1,030 shares of the restaurant operator’s stock valued at $51,000 after acquiring an additional 420 shares during the last quarter. Finally, Focused Wealth Management Inc bought a new position in shares of Dave & Buster’s Entertainment in the 1st quarter valued at about $69,000. 97.24% of the stock is currently owned by institutional investors and hedge funds.
NASDAQ:PLAY traded down $1.41 during trading hours on Monday, hitting $33.45. 2,312 shares of the company’s stock traded hands, compared to its average volume of 1,237,522. The firm has a market cap of $1.63 billion, a P/E ratio of 15.79, a P/E/G ratio of 0.71 and a beta of 1.81. Dave & Buster’s Entertainment has a 52 week low of $29.83 and a 52 week high of $52.54. The business’s fifty day simple moving average is $43.82 and its two-hundred day simple moving average is $39.88. The company has a quick ratio of 0.34, a current ratio of 0.47 and a debt-to-equity ratio of 1.57.
Dave & Buster’s Entertainment Company Profile (Get Rating)
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.
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