Analysts Issue Forecasts for Dave & Buster’s Entertainment Inc’s FY2025 Earnings (NASDAQ:PLAY)

Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) – Equities research analysts at William Blair dropped their FY2025 earnings per share (EPS) estimates for shares of Dave & Buster’s Entertainment in a research report issued on Monday, March 25th. William Blair analyst S. Zackfia now expects that the restaurant operator will earn $4.18 per share for the year, down from their prior estimate of $4.19. The consensus estimate for Dave & Buster’s Entertainment’s current full-year earnings is $3.50 per share. William Blair also issued estimates for Dave & Buster’s Entertainment’s FY2026 earnings at $5.22 EPS.

A number of other equities research analysts have also recently commented on the company. Jefferies Financial Group increased their price target on Dave & Buster’s Entertainment from $60.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. TheStreet upgraded Dave & Buster’s Entertainment from a “c+” rating to a “b-” rating in a research report on Tuesday, January 2nd. Raymond James reissued a “market perform” rating on shares of Dave & Buster’s Entertainment in a report on Monday. Finally, Truist Financial lifted their price target on Dave & Buster’s Entertainment from $66.00 to $75.00 and gave the stock a “buy” rating in a research note on Tuesday, February 27th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $60.50.

Dave & Buster’s Entertainment Price Performance

PLAY opened at $61.46 on Thursday. Dave & Buster’s Entertainment has a 12-month low of $31.65 and a 12-month high of $64.90. The business’s fifty day simple moving average is $58.52 and its 200-day simple moving average is $47.31. The company has a market capitalization of $2.47 billion, a price-to-earnings ratio of 22.51 and a beta of 2.08. The company has a current ratio of 0.37, a quick ratio of 0.27 and a debt-to-equity ratio of 6.06.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Envestnet Asset Management Inc. acquired a new stake in shares of Dave & Buster’s Entertainment in the 1st quarter valued at approximately $218,000. Bank of New York Mellon Corp grew its position in Dave & Buster’s Entertainment by 6.5% in the first quarter. Bank of New York Mellon Corp now owns 396,095 shares of the restaurant operator’s stock valued at $19,448,000 after acquiring an additional 24,101 shares in the last quarter. Citigroup Inc. grew its position in Dave & Buster’s Entertainment by 7.6% in the first quarter. Citigroup Inc. now owns 33,683 shares of the restaurant operator’s stock valued at $1,654,000 after acquiring an additional 2,367 shares in the last quarter. Bank of Montreal Can grew its position in Dave & Buster’s Entertainment by 4.2% in the first quarter. Bank of Montreal Can now owns 11,169 shares of the restaurant operator’s stock valued at $559,000 after acquiring an additional 453 shares in the last quarter. Finally, MetLife Investment Management LLC grew its position in shares of Dave & Buster’s Entertainment by 56.4% during the first quarter. MetLife Investment Management LLC now owns 23,220 shares of the restaurant operator’s stock worth $1,140,000 after buying an additional 8,378 shares in the last quarter. Hedge funds and other institutional investors own 91.45% of the company’s stock.

Insider Buying and Selling

In other Dave & Buster’s Entertainment news, SVP John Mulleady sold 7,500 shares of the company’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $48.25, for a total transaction of $361,875.00. Following the sale, the senior vice president now owns 57,132 shares in the company, valued at approximately $2,756,619. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.60% 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.