Dave & Buster’s Entertainment (NASDAQ:PLAY) is scheduled to release its earnings data after the market closes on Tuesday, June 11th. Analysts expect Dave & Buster’s Entertainment to post earnings of $1.12 per share for the quarter. Dave & Buster’s Entertainment has set its FY 2019 guidance at EPS and its FY20 guidance at $2.84-3.16 EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.
Dave & Buster’s Entertainment (NASDAQ:PLAY) last issued its earnings results on Tuesday, April 2nd. The restaurant operator reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.12. Dave & Buster’s Entertainment had a return on equity of 27.71% and a net margin of 9.26%. The business had revenue of $331.80 million during the quarter, compared to analyst estimates of $324.90 million. During the same period in the previous year, the company posted $0.61 EPS. The firm’s revenue was up 8.8% compared to the same quarter last year. On average, analysts expect Dave & Buster’s Entertainment to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of Dave & Buster’s Entertainment stock opened at $49.22 on Friday. Dave & Buster’s Entertainment has a one year low of $42.78 and a one year high of $67.05. The stock has a market capitalization of $1.80 billion, a P/E ratio of 16.80, a PEG ratio of 1.09 and a beta of 1.12. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.37 and a quick ratio of 0.26.
In other Dave & Buster’s Entertainment news, SVP J Michael Plunkett sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $50.36, for a total transaction of $201,440.00. Following the completion of the sale, the senior vice president now directly owns 4,001 shares of the company’s stock, valued at approximately $201,490.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Margo Lynn Manning sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $57.30, for a total value of $573,000.00. Following the sale, the chief operating officer now directly owns 23,960 shares of the company’s stock, valued at $1,372,908. The disclosure for this sale can be found here. Insiders have sold a total of 40,635 shares of company stock valued at $2,185,020 over the last three months. Corporate insiders own 3.70% of the company’s stock.
A number of analysts recently commented on the company. BidaskClub raised Dave & Buster’s Entertainment from a “hold” rating to a “buy” rating in a research report on Tuesday, April 30th. Maxim Group reaffirmed a “buy” rating and issued a $67.00 target price on shares of Dave & Buster’s Entertainment in a research report on Tuesday, June 4th. Zacks Investment Research lowered Dave & Buster’s Entertainment from a “hold” rating to a “sell” rating in a research report on Monday, February 11th. Wells Fargo & Co boosted their target price on Dave & Buster’s Entertainment from $59.00 to $60.00 and gave the company an “outperform” rating in a research report on Wednesday, April 3rd. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $66.00 target price (up from $62.00) on shares of Dave & Buster’s Entertainment in a research report on Wednesday, April 3rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and twelve have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $65.00.
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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 entrÃ©es 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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