Streetbeat News

PLAY

Dave & Buster's Entertainment, Inc.

https://ir.daveandbusters.com

Industry

Entertainment

Dave & Buster's Entertainment, Inc. owns and operates entertainment and dining venues for adults and families in North America. Its venues offer a menu of entrées 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. The company operates its venues under the Dave & Buster's name. As of January 30, 2022, it owned and operated 144 stores located in 40 states, Puerto Rico, and one Canadian Province. The company was founded in 1982 and is headquartered in Coppell, Texas.

Open

39.18

Mkt cap

1.5B

Volume

849K

High

39.65

P/E Ratio

13.67

52-wk high

69.82

Low

37.98

Div yield

N/A

52-wk low

29.31

BMO Capital analyst Andrew Strelzik has maintained an 'Outperform' rating on Dave & Buster's Enter (NASDAQ:PLAY) but lowered the price target from $60 to $55.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 12:11 pm

Several analyst forecasts were released on Thursday, with price target changes for Verint Systems, Dave & Buster's Entertainment, Vail Resorts, The Greenbrier Companies, Tronox Holdings, Polestar Automotive Holding, Crocs, Intuit, Owens Corning, American Eagle Outfitters, and Roku. Most of the companies saw their price targets reduced, with a few exceptions such as Vail Resorts, Intuit, Owens Corning, American Eagle Outfitters, and Roku which had their price targets increased.

Portfolio Pulse from Lisa Levin

September 07, 2023 | 11:44 am

Several US stocks traded lower in Thursday's pre-market session. Sportsman's Warehouse Holdings, Verint Systems, Yext, Amkor Technology, ChargePoint Holdings, BlackBerry, C3.ai, Dave & Buster's Entertainment, and Rollins all recorded losses. The reasons for the declines include downbeat Q2 results, weak quarterly results, mixed Q2 earnings, secondary offering of shares, and anticipated revenue decline.

Portfolio Pulse from Lisa Levin

September 07, 2023 | 11:00 am

Raymond James analyst Brian Vaccaro has downgraded Dave & Buster's Enter (NASDAQ:PLAY) from Strong Buy to Outperform and lowered the price target from $60 to $55.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 10:50 am

Dave & Buster's Entertainment Inc (NASDAQ:PLAY) reported Q2 earnings of 94 cents per share, beating the analyst consensus estimate of 93 cents, and a 10.59% increase from the same period last year. However, the company's quarterly sales of $542.10 million missed the analyst consensus estimate of $559.00 million. The company ended the quarter with $572.8 million of liquidity and purchased 2.1 million shares at a total cost of $74.5 million. Despite the mixed results, the company remains confident in its growth initiatives.

Portfolio Pulse from Ryan Gustafson

September 06, 2023 | 8:38 pm

Dave & Buster's has increased its remaining share repurchase program authorization from $100 million to $200 million at the end of the second quarter of 2023.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 8:11 pm

Dave & Buster's Enter (NASDAQ:PLAY) reported Q2 adjusted earnings of $0.94 per share, beating the analyst consensus estimate of $0.93 by 1.08%. However, the company's quarterly sales of $542.10 million missed the analyst consensus estimate of $559.00 million by 3.02%. The earnings represent a 10.59% increase from the same period last year, while the sales represent a 15.74% increase.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 8:09 pm

Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) is expected to report higher Q2 earnings at 93 cents per share, up from 59 cents per share a year ago. The company's revenue is projected to be $559 million, compared to $468.36 million in the year-ago period. However, the company's shares fell 4.5% to close at $37.93 on Tuesday. Several analysts have given their ratings and price targets for the company, with most maintaining a positive outlook.

Portfolio Pulse from Lisa Levin

September 06, 2023 | 2:42 pm

Trading in the index future suggests a lackluster session for stocks on Wednesday. The futures market has priced in a 93% probability of a pause at the Federal Open Market Committee meeting, given growing evidence of a slowdown. The SPDR S&P 500 ETF Trust (NYSE:SPY) moved down 0.14% to $448.59 and the Invesco QQQ ETF (NASDAQ:QQQ) fell 0.25% to $377.14 in premarket trading. Stocks in focus include AeroVironment, Inc. (NASDAQ:AVAV), GitLab, Inc. (NASDAQ:GTLB), and Zscaler, Inc. (NASDAQ:ZS) due to their earnings reports.

Portfolio Pulse from Shanthi Rexaline

September 06, 2023 | 11:12 am

Dave & Buster's Enter (NASDAQ:PLAY) is set to release its latest quarterly earnings report on September 6, 2023. Analysts estimate an earnings per share (EPS) of $0.93. The company's past performance shows a pattern of beating EPS estimates, which has often led to an increase in share price. However, the stock has been down 11.65% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 2:01 pm

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