Zacks Research Has Optimistic Outlook of PLAY Q1 Earnings

Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) – Investment analysts at Zacks Research increased their Q1 2027 earnings per share estimates for Dave & Buster’s Entertainment in a report issued on Tuesday, June 24th. Zacks Research analyst R. Department now forecasts that the restaurant operator will earn $0.95 per share for the quarter, up from their previous estimate of $0.93. The consensus estimate for Dave & Buster’s Entertainment’s current full-year earnings is $2.52 per share. Zacks Research also issued estimates for Dave & Buster’s Entertainment’s FY2028 earnings at $1.81 EPS.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last issued its quarterly earnings results on Tuesday, June 10th. The restaurant operator reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by ($0.20). Dave & Buster’s Entertainment had a return on equity of 40.67% and a net margin of 1.83%. The company had revenue of $567.70 million for the quarter, compared to analyst estimates of $572.12 million. During the same quarter last year, the company earned $0.99 EPS. The firm’s quarterly revenue was down 3.5% on a year-over-year basis.

A number of other equities research analysts also recently weighed in on PLAY. UBS Group boosted their target price on Dave & Buster’s Entertainment from $18.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 11th. Piper Sandler boosted their price objective on Dave & Buster’s Entertainment from $22.00 to $30.00 and gave the stock a “neutral” rating in a report on Wednesday, June 11th. BMO Capital Markets raised their target price on shares of Dave & Buster’s Entertainment from $30.00 to $35.00 and gave the company an “outperform” rating in a research note on Wednesday, June 11th. Loop Capital lifted their price target on shares of Dave & Buster’s Entertainment from $35.00 to $46.00 and gave the stock a “buy” rating in a research report on Wednesday, June 11th. Finally, Truist Financial increased their price objective on shares of Dave & Buster’s Entertainment from $22.00 to $29.00 and gave the company a “hold” rating in a report on Wednesday, June 11th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $33.83.

Dave & Buster’s Entertainment Stock Performance

PLAY stock opened at $30.48 on Thursday. The company has a 50 day moving average price of $23.65 and a 200 day moving average price of $23.68. Dave & Buster’s Entertainment has a fifty-two week low of $15.08 and a fifty-two week high of $43.73. The company has a debt-to-equity ratio of 10.69, a current ratio of 0.26 and a quick ratio of 0.17. The stock has a market capitalization of $1.05 billion, a PE ratio of 30.18 and a beta of 2.00.

Hedge Funds Weigh In On Dave & Buster’s Entertainment

Institutional investors have recently modified their holdings of the business. US Bancorp DE raised its holdings in Dave & Buster’s Entertainment by 442.0% during the 1st quarter. US Bancorp DE now owns 1,561 shares of the restaurant operator’s stock worth $27,000 after buying an additional 1,273 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of Dave & Buster’s Entertainment during the fourth quarter worth $47,000. Signaturefd LLC lifted its position in Dave & Buster’s Entertainment by 1,427.5% in the 1st quarter. Signaturefd LLC now owns 4,277 shares of the restaurant operator’s stock valued at $75,000 after acquiring an additional 3,997 shares in the last quarter. GAMMA Investing LLC boosted its stake in Dave & Buster’s Entertainment by 3,974.8% in the 1st quarter. GAMMA Investing LLC now owns 4,360 shares of the restaurant operator’s stock worth $77,000 after purchasing an additional 4,253 shares during the period. Finally, Federated Hermes Inc. bought a new position in Dave & Buster’s Entertainment during the 1st quarter worth about $139,000. Institutional investors own 91.45% of the company’s stock.

Insider Buying and Selling at Dave & Buster’s Entertainment

In other news, SVP John Mulleady sold 5,931 shares of the business’s stock in a transaction on Tuesday, June 17th. The shares were sold at an average price of $32.79, for a total value of $194,477.49. Following the completion of the transaction, the senior vice president now owns 42,550 shares of the company’s stock, valued at $1,395,214.50. The trade was a 12.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.02% of the company’s stock.

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.