Dave & Buster’s Entertainment Inc to Post FY2025 Earnings of $4.68 Per Share, Truist Securities Forecasts (NASDAQ:PLAY)

Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) – Analysts at Truist Securities issued their FY2025 earnings per share estimates for shares of Dave & Buster’s Entertainment in a research note issued on Wednesday, January 12th. Truist Securities analyst J. Bartlett anticipates that the restaurant operator will post earnings of $4.68 per share for the year.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last posted its quarterly earnings results on Tuesday, December 7th. The restaurant operator reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.09. The firm had revenue of $317.98 million for the quarter, compared to analyst estimates of $319.74 million. Dave & Buster’s Entertainment had a net margin of 2.43% and a return on equity of 12.97%. Dave & Buster’s Entertainment’s quarterly revenue was up 191.6% on a year-over-year basis. During the same period in the previous year, the business posted ($1.01) earnings per share.

Several other equities analysts have also weighed in on the stock. Piper Sandler decreased their target price on shares of Dave & Buster’s Entertainment from $53.00 to $38.00 and set a “neutral” rating on the stock in a report on Wednesday, December 8th. Loop Capital assumed coverage on shares of Dave & Buster’s Entertainment in a report on Tuesday, October 5th. They issued a “buy” rating and a $56.00 target price on the stock. Gordon Haskett upgraded shares of Dave & Buster’s Entertainment from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a report on Friday. Zacks Investment Research upgraded shares of Dave & Buster’s Entertainment from a “hold” rating to a “strong-buy” rating and set a $45.00 target price on the stock in a report on Wednesday, November 10th. Finally, Truist boosted their target price on shares of Dave & Buster’s Entertainment from $56.00 to $60.00 in a report on Wednesday. One analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $50.00.

NASDAQ:PLAY opened at $38.06 on Thursday. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.50 and a quick ratio of 0.38. The firm has a market capitalization of $1.84 billion, a price-to-earnings ratio of 77.67, a PEG ratio of 1.11 and a beta of 2.00. The company’s 50-day moving average is $36.76 and its two-hundred day moving average is $36.87. Dave & Buster’s Entertainment has a 1-year low of $29.83 and a 1-year high of $51.73.

Large investors have recently made changes to their positions in the business. Steward Partners Investment Advisory LLC increased its position in shares of Dave & Buster’s Entertainment by 674.0% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 774 shares of the restaurant operator’s stock valued at $31,000 after purchasing an additional 674 shares during the last quarter. Ellevest Inc. increased its position in shares of Dave & Buster’s Entertainment by 39.7% in the 3rd quarter. Ellevest Inc. now owns 1,404 shares of the restaurant operator’s stock valued at $54,000 after purchasing an additional 399 shares during the last quarter. Eagle Bay Advisors LLC increased its position in shares of Dave & Buster’s Entertainment by 150.0% in the 3rd quarter. Eagle Bay Advisors LLC now owns 2,500 shares of the restaurant operator’s stock valued at $96,000 after purchasing an additional 1,500 shares during the last quarter. KBC Group NV purchased a new stake in shares of Dave & Buster’s Entertainment in the 3rd quarter valued at approximately $99,000. Finally, Dark Forest Capital Management LP purchased a new stake in shares of Dave & Buster’s Entertainment in the 2nd quarter valued at approximately $110,000. 99.69% of the stock is currently owned by institutional investors.

In other Dave & Buster’s Entertainment news, CEO Kevin M. Sheehan bought 15,000 shares of the business’s stock in a transaction that occurred on Thursday, December 9th. The shares were purchased at an average cost of $34.92 per share, with a total value of $523,800.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 3.57% of the stock is owned by corporate insiders.

About Dave & Buster’s Entertainment

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 and Estimates for Dave & Buster's Entertainment (NASDAQ:PLAY)

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