Dave & Buster’s Entertainment (PLAY) to Release Earnings on Wednesday

Dave & Buster’s Entertainment (NASDAQ:PLAYGet Free Report) is scheduled to be announcing its earnings results after the market closes on Wednesday, June 12th. Analysts expect the company to announce earnings of $1.53 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Dave & Buster’s Entertainment (NASDAQ:PLAYGet Free Report) last released its quarterly earnings data on Tuesday, April 2nd. The restaurant operator reported $1.03 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.04). The firm had revenue of $599.10 million for the quarter, compared to analyst estimates of $603.41 million. Dave & Buster’s Entertainment had a return on equity of 53.96% and a net margin of 5.76%. On average, analysts expect Dave & Buster’s Entertainment to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Dave & Buster’s Entertainment Price Performance

Shares of Dave & Buster’s Entertainment stock opened at $51.15 on Wednesday. The business’s fifty day moving average price is $55.14 and its 200 day moving average price is $54.13. Dave & Buster’s Entertainment has a twelve month low of $31.81 and a twelve month high of $69.82. The company has a current ratio of 0.32, a quick ratio of 0.23 and a debt-to-equity ratio of 5.11. The stock has a market capitalization of $2.06 billion, a P/E ratio of 18.20 and a beta of 2.06.

Insider Activity

In other Dave & Buster’s Entertainment news, SVP John Mulleady sold 42,824 shares of the company’s stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $66.58, for a total value of $2,851,221.92. Following the transaction, the senior vice president now directly owns 57,132 shares of the company’s stock, valued at approximately $3,803,848.56. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, SVP John Mulleady sold 42,824 shares of the company’s stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $66.58, for a total value of $2,851,221.92. Following the sale, the senior vice president now owns 57,132 shares in the company, valued at approximately $3,803,848.56. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Michael J. Griffith sold 5,203 shares of Dave & Buster’s Entertainment stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $65.57, for a total value of $341,160.71. Following the completion of the transaction, the director now owns 33,546 shares of the company’s stock, valued at $2,199,611.22. The disclosure for this sale can be found here. Insiders own 1.60% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on PLAY shares. Jefferies Financial Group boosted their target price on Dave & Buster’s Entertainment from $60.00 to $80.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. Truist Financial raised their target price on shares of Dave & Buster’s Entertainment from $75.00 to $78.00 and gave the company a “buy” rating in a research note on Wednesday, April 3rd. BMO Capital Markets upped their price target on shares of Dave & Buster’s Entertainment from $60.00 to $75.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 3rd. UBS Group increased their price target on Dave & Buster’s Entertainment from $60.00 to $66.00 and gave the company a “neutral” rating in a report on Wednesday, April 3rd. Finally, Raymond James restated a “market perform” rating on shares of Dave & Buster’s Entertainment in a research note on Monday, March 25th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $69.21.

Check Out Our Latest Report on Dave & Buster’s Entertainment

About Dave & Buster’s Entertainment

(Get Free Report)

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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Earnings History for Dave & Buster's Entertainment (NASDAQ:PLAY)

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