Dave & Buster's Entertainment (PLAY) Expected to Announce Quarterly Earnings on Monday

Dave & Buster's Entertainment (NASDAQ:PLAY - Get Free Report) is expected to post its quarterly earnings results after the market closes on Monday, April 7th. Analysts expect Dave & Buster's Entertainment to post earnings of $0.70 per share and revenue of $548.77 million for the quarter.

Dave & Buster's Entertainment Stock Down 8.1 %

PLAY stock traded down $1.49 during midday trading on Thursday, hitting $17.00. The company's stock had a trading volume of 1,725,871 shares, compared to its average volume of 1,459,504. The firm's 50-day moving average is $22.24 and its 200-day moving average is $29.41. The company has a current ratio of 0.29, a quick ratio of 0.19 and a debt-to-equity ratio of 6.38. Dave & Buster's Entertainment has a 12 month low of $16.64 and a 12 month high of $68.63. The company has a market cap of $654.55 million, a PE ratio of 8.42 and a beta of 1.86.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on PLAY shares. Loop Capital lowered their price target on Dave & Buster's Entertainment from $59.00 to $45.00 and set a "buy" rating on the stock in a report on Thursday, December 12th. Gordon Haskett reissued a "hold" rating and issued a $34.00 target price (down previously from $40.00) on shares of Dave & Buster's Entertainment in a report on Wednesday, December 11th. William Blair reissued a "market perform" rating on shares of Dave & Buster's Entertainment in a research report on Wednesday, December 11th. BMO Capital Markets reduced their price target on shares of Dave & Buster's Entertainment from $51.00 to $47.00 and set an "outperform" rating for the company in a research report on Wednesday, December 11th. Finally, Truist Financial dropped their price objective on shares of Dave & Buster's Entertainment from $27.00 to $21.00 and set a "hold" rating on the stock in a report on Wednesday. One analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $45.67.

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.