Zacks Research Has Negative Outlook of PLAY FY2025 Earnings
by Teresa Graham · The Cerbat GemDave & Buster’s Entertainment Inc (NASDAQ:PLAY – Free Report) – Zacks Research decreased their FY2025 earnings estimates for Dave & Buster’s Entertainment in a report issued on Monday, November 25th. Zacks Research analyst R. Department now anticipates that the restaurant operator will post earnings per share of $2.54 for the year, down from their prior forecast of $2.63. The consensus estimate for Dave & Buster’s Entertainment’s current full-year earnings is $2.62 per share. Zacks Research also issued estimates for Dave & Buster’s Entertainment’s Q1 2026 earnings at $1.14 EPS, Q4 2026 earnings at $1.08 EPS, Q1 2027 earnings at $1.18 EPS and FY2027 earnings at $2.92 EPS.
Dave & Buster’s Entertainment (NASDAQ:PLAY – Get Free Report) last announced its quarterly earnings data on Tuesday, September 10th. The restaurant operator reported $1.12 EPS for the quarter, topping the consensus estimate of $0.84 by $0.28. The business had revenue of $557.10 million for the quarter, compared to analyst estimates of $560.65 million. Dave & Buster’s Entertainment had a net margin of 5.10% and a return on equity of 51.75%. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.94 earnings per share.
A number of other equities analysts have also recently commented on PLAY. Truist Financial cut their price target on shares of Dave & Buster’s Entertainment from $59.00 to $56.00 and set a “buy” rating for the company in a research note on Tuesday. StockNews.com lowered shares of Dave & Buster’s Entertainment from a “hold” rating to a “sell” rating in a report on Wednesday, September 11th. Benchmark began coverage on shares of Dave & Buster’s Entertainment in a research report on Monday, October 7th. They set a “hold” rating on the stock. BMO Capital Markets reduced their price objective on shares of Dave & Buster’s Entertainment from $55.00 to $51.00 and set an “outperform” rating on the stock in a research report on Tuesday. Finally, Loop Capital reduced their target price on shares of Dave & Buster’s Entertainment from $63.00 to $59.00 and set a “buy” rating on the stock in a research report on Thursday, September 12th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Dave & Buster’s Entertainment has an average rating of “Hold” and a consensus price target of $61.57.
View Our Latest Stock Report on Dave & Buster’s Entertainment
Dave & Buster’s Entertainment Price Performance
Shares of NASDAQ:PLAY opened at $36.08 on Wednesday. The company has a 50 day moving average of $35.80 and a 200 day moving average of $38.11. The stock has a market cap of $1.42 billion, a P/E ratio of 13.17 and a beta of 2.13. Dave & Buster’s Entertainment has a 12 month low of $29.31 and a 12 month high of $69.82. The company has a current ratio of 0.24, a quick ratio of 0.14 and a debt-to-equity ratio of 4.54.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. SG Americas Securities LLC grew its holdings in shares of Dave & Buster’s Entertainment by 1,931.4% in the second quarter. SG Americas Securities LLC now owns 38,698 shares of the restaurant operator’s stock valued at $1,541,000 after purchasing an additional 36,793 shares in the last quarter. Eminence Capital LP lifted its position in Dave & Buster’s Entertainment by 69.3% in the second quarter. Eminence Capital LP now owns 3,768,476 shares of the restaurant operator’s stock worth $150,023,000 after buying an additional 1,542,154 shares during the last quarter. Hennessy Advisors Inc. bought a new stake in Dave & Buster’s Entertainment in the second quarter worth $5,191,000. LMR Partners LLP bought a new stake in Dave & Buster’s Entertainment in the third quarter worth $3,167,000. Finally, Nisa Investment Advisors LLC lifted its position in Dave & Buster’s Entertainment by 32.8% in the second quarter. Nisa Investment Advisors LLC now owns 206,535 shares of the restaurant operator’s stock worth $8,222,000 after buying an additional 51,022 shares during the last quarter. 91.45% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Dave & Buster’s Entertainment
In other Dave & Buster’s Entertainment news, CEO Christopher Daniel Morris bought 14,912 shares of the business’s stock in a transaction that occurred on Monday, October 7th. The stock was purchased at an average cost of $33.67 per share, with a total value of $502,087.04. Following the completion of the acquisition, the chief executive officer now owns 83,847 shares in the company, valued at $2,823,128.49. This trade represents a 21.63 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.60% 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.
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