Zacks Research Has Positive Outlook of PLAY FY2026 Earnings

Dave & Buster's Entertainment Inc (NASDAQ:PLAY - Free Report) - Analysts at Zacks Research increased their FY2026 earnings per share estimates for shares of Dave & Buster's Entertainment in a note issued to investors on Tuesday, October 22nd. Zacks Research analyst R. Department now forecasts that the restaurant operator will post earnings of $3.01 per share for the year, up from their prior forecast of $3.00. The consensus estimate for Dave & Buster's Entertainment's current full-year earnings is $2.62 per share.

Dave & Buster's Entertainment (NASDAQ:PLAY - Get Free Report) last issued 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. Dave & Buster's Entertainment had a return on equity of 51.75% and a net margin of 5.10%. The company had revenue of $557.10 million during the quarter, compared to analyst estimates of $560.65 million. During the same quarter in the previous year, the firm earned $0.94 earnings per share. Dave & Buster's Entertainment's revenue was up 2.8% on a year-over-year basis.

PLAY has been the subject of several other research reports. StockNews.com lowered Dave & Buster's Entertainment from a "hold" rating to a "sell" rating in a report on Wednesday, September 11th. Benchmark began coverage on Dave & Buster's Entertainment in a research report on Monday, October 7th. They issued a "hold" rating for the company. BMO Capital Markets dropped their target price on Dave & Buster's Entertainment from $65.00 to $55.00 and set an "outperform" rating for the company in a research report on Wednesday, September 11th. Truist Financial dropped their target price on Dave & Buster's Entertainment from $64.00 to $59.00 and set a "buy" rating for the company in a research report on Thursday, August 22nd. Finally, Loop Capital dropped their target price on Dave & Buster's Entertainment from $63.00 to $59.00 and set a "buy" rating for the company in a research report on Thursday, September 12th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Dave & Buster's Entertainment currently has a consensus rating of "Hold" and an average target price of $62.57.

Dave & Buster's Entertainment Price Performance

Shares of NASDAQ PLAY traded up $0.52 during midday trading on Friday, hitting $37.38. 1,631,589 shares of the company's stock were exchanged, compared to its average volume of 1,265,549. 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. The company has a market cap of $1.47 billion, a price-to-earnings ratio of 13.72 and a beta of 2.15. The business's fifty day moving average price is $32.82 and its two-hundred day moving average price is $41.05.

Hedge Funds Weigh In On Dave & Buster's Entertainment

Hedge funds and other institutional investors have recently made changes to their positions in the business. Kimelman & Baird LLC purchased a new stake in Dave & Buster's Entertainment in the second quarter worth $28,000. Headlands Technologies LLC grew its stake in Dave & Buster's Entertainment by 23.4% in the first quarter. Headlands Technologies LLC now owns 1,227 shares of the restaurant operator's stock worth $77,000 after purchasing an additional 233 shares during the period. O Shaughnessy Asset Management LLC purchased a new stake in Dave & Buster's Entertainment in the first quarter worth $249,000. Allspring Global Investments Holdings LLC grew its stake in Dave & Buster's Entertainment by 22,338.9% in the second quarter. Allspring Global Investments Holdings LLC now owns 4,039 shares of the restaurant operator's stock worth $161,000 after purchasing an additional 4,021 shares during the period. Finally, Central Pacific Bank Trust Division purchased a new stake in Dave & Buster's Entertainment in the first quarter worth $331,000. Institutional investors own 91.45% of the company's stock.

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 firm's stock in a transaction that occurred on Monday, October 7th. The stock was bought at an average price of $33.67 per share, for a total transaction of $502,087.04. Following the completion of the acquisition, the chief executive officer now directly owns 83,847 shares in the company, valued at $2,823,128.49. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate 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.