Dave & Buster’s Entertainment Inc to Post Q2 2025 Earnings of $1.19 Per Share, Zacks Research Forecasts (NASDAQ:PLAY)

Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) – Equities researchers at Zacks Research reduced their Q2 2025 earnings per share estimates for Dave & Buster’s Entertainment in a note issued to investors on Thursday, August 31st. Zacks Research analyst M. Kaushik now anticipates that the restaurant operator will earn $1.19 per share for the quarter, down from their previous forecast of $1.21. The consensus estimate for Dave & Buster’s Entertainment’s current full-year earnings is $3.53 per share.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last issued its earnings results on Tuesday, June 6th. The restaurant operator reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.19. The firm had revenue of $597.30 million for the quarter, compared to analysts’ expectations of $603.91 million. Dave & Buster’s Entertainment had a return on equity of 38.02% and a net margin of 6.64%. The firm’s revenue for the quarter was up 32.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.35 earnings per share.

A number of other research firms have also issued reports on PLAY. Raymond James boosted their target price on shares of Dave & Buster’s Entertainment from $55.00 to $60.00 in a research note on Wednesday, June 14th. Citigroup increased their target price on shares of Dave & Buster’s Entertainment to $56.50 in a research report on Tuesday, June 27th. BMO Capital Markets increased their price objective on Dave & Buster’s Entertainment from $55.00 to $60.00 in a report on Wednesday, June 7th. UBS Group began coverage on Dave & Buster’s Entertainment in a research report on Sunday, May 7th. They set a “neutral” rating and a $38.00 target price for the company. Finally, Piper Sandler began coverage on shares of Dave & Buster’s Entertainment in a research note on Monday, July 17th. They issued an “overweight” rating and a $56.00 target price on the stock. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Dave & Buster’s Entertainment has a consensus rating of “Moderate Buy” and a consensus target price of $54.07.

Dave & Buster’s Entertainment Trading Up 1.1 %

NASDAQ PLAY opened at $39.70 on Monday. The company’s fifty day moving average price is $43.03 and its two-hundred day moving average price is $38.88. Dave & Buster’s Entertainment has a 12 month low of $30.36 and a 12 month high of $47.29. The company has a market capitalization of $1.70 billion, a price-to-earnings ratio of 13.78 and a beta of 2.02. The company has a debt-to-equity ratio of 3.39, a current ratio of 0.51 and a quick ratio of 0.39.

Insiders Place Their Bets

In other news, SVP John Mulleady sold 7,500 shares of Dave & Buster’s Entertainment stock in a transaction on Thursday, June 15th. The stock was sold at an average price of $43.31, for a total value of $324,825.00. Following the completion of the sale, the senior vice president now directly owns 68,312 shares of the company’s stock, valued at approximately $2,958,592.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Dave & Buster’s Entertainment

A number of institutional investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. acquired a new stake in shares of Dave & Buster’s Entertainment in the 1st quarter valued at about $218,000. Bank of New York Mellon Corp raised its stake in Dave & Buster’s Entertainment by 6.5% in the first quarter. Bank of New York Mellon Corp now owns 396,095 shares of the restaurant operator’s stock valued at $19,448,000 after buying an additional 24,101 shares during the period. Citigroup Inc. lifted its holdings in Dave & Buster’s Entertainment by 7.6% during the 1st quarter. Citigroup Inc. now owns 33,683 shares of the restaurant operator’s stock valued at $1,654,000 after purchasing an additional 2,367 shares during the last quarter. Bank of Montreal Can raised its position in shares of Dave & Buster’s Entertainment by 4.2% in the first quarter. Bank of Montreal Can now owns 11,169 shares of the restaurant operator’s stock valued at $559,000 after purchasing an additional 453 shares during the period. Finally, MetLife Investment Management LLC lifted its stake in shares of Dave & Buster’s Entertainment by 56.4% during the 1st quarter. MetLife Investment Management LLC now owns 23,220 shares of the restaurant operator’s stock worth $1,140,000 after buying an additional 8,378 shares during the last quarter. 91.45% of the stock is owned by institutional investors and hedge funds.

Dave & Buster’s Entertainment Company Profile

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.