Dave & Buster’s to Post Q2 2019 Earnings of $0.80 Per Share, William Blair Forecasts (PLAY)

Dave & Buster’s (NASDAQ:PLAY) – Research analysts at William Blair raised their Q2 2019 EPS estimates for shares of Dave & Buster’s in a research note issued to investors on Wednesday, April 4th. William Blair analyst S. Zackfia now anticipates that the restaurant operator will post earnings per share of $0.80 for the quarter, up from their prior estimate of $0.77.

How to Become a New Pot Stock Millionaire

Other research analysts have also recently issued reports about the stock. SunTrust Banks set a $87.00 price target on shares of Dave & Buster’s and gave the stock a “buy” rating in a report on Thursday, January 11th. BidaskClub cut shares of Dave & Buster’s from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. BMO Capital Markets upped their price target on shares of Dave & Buster’s to $60.00 and gave the stock an “outperform” rating in a report on Wednesday, January 10th. Maxim Group cut their price target on shares of Dave & Buster’s from $97.00 to $83.00 and set a “buy” rating on the stock in a report on Wednesday, January 10th. Finally, Piper Jaffray restated a “buy” rating and issued a $56.00 price target on shares of Dave & Buster’s in a report on Tuesday, January 9th. Three research analysts have rated the stock with a sell rating and nine have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $61.10.

PLAY stock opened at $41.56 on Friday. The company has a current ratio of 0.46, a quick ratio of 0.26 and a debt-to-equity ratio of 0.83. The firm has a market cap of $1,610.46, a price-to-earnings ratio of 15.98, a PEG ratio of 1.04 and a beta of 0.44. Dave & Buster’s has a twelve month low of $37.85 and a twelve month high of $73.48.

Dave & Buster’s (NASDAQ:PLAY) last posted its quarterly earnings data on Tuesday, April 3rd. The restaurant operator reported $0.61 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.01. Dave & Buster’s had a net margin of 10.61% and a return on equity of 24.67%. The business had revenue of $304.90 million for the quarter, compared to analysts’ expectations of $304.82 million. During the same quarter in the previous year, the business posted $0.63 earnings per share. The business’s revenue was up 12.8% compared to the same quarter last year.

A number of institutional investors have recently modified their holdings of the business. Elkfork Partners LLC bought a new position in Dave & Buster’s during the 4th quarter worth about $314,000. William Blair Investment Management LLC bought a new position in Dave & Buster’s during the 4th quarter worth about $27,806,000. We Are One Seven LLC bought a new position in Dave & Buster’s during the 4th quarter worth about $131,000. MetLife Investment Advisors LLC bought a new position in Dave & Buster’s during the 4th quarter worth about $1,085,000. Finally, Municipal Employees Retirement System of Michigan grew its holdings in Dave & Buster’s by 14.8% during the 4th quarter. Municipal Employees Retirement System of Michigan now owns 18,180 shares of the restaurant operator’s stock worth $1,003,000 after acquiring an additional 2,350 shares in the last quarter.

In other Dave & Buster’s news, SVP J Michael Plunkett sold 2,000 shares of the stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $46.60, for a total transaction of $93,200.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Kevin M. Sheehan bought 10,000 shares of the company’s stock in a transaction on Monday, January 8th. The shares were acquired at an average price of $45.58 per share, for a total transaction of $455,800.00. Following the completion of the acquisition, the director now owns 60,138 shares in the company, valued at $2,741,090.04. The disclosure for this purchase can be found here. 3.84% of the stock is owned by corporate insiders.

COPYRIGHT VIOLATION WARNING: This report was reported by Ticker Report and is the sole property of of Ticker Report. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://www.tickerreport.com/banking-finance/3334598/dave-busters-to-post-q2-2019-earnings-of-0-80-per-share-william-blair-forecasts-play.html.

Dave & Buster’s Company Profile

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 ?Fun American New Gourmet' 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.

Earnings History and Estimates for Dave & Buster`s (NASDAQ:PLAY)

Receive News & Ratings for Dave & Buster's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dave & Buster's and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Credits  Price Up 13.7% This Week
Credits Price Up 13.7% This Week
Apex  Price Hits $0.22 on Major Exchanges
Apex Price Hits $0.22 on Major Exchanges
Scry.info  24-Hour Volume Hits $849,453.00
Scry.info 24-Hour Volume Hits $849,453.00
Zacks: Analysts Expect Kinsale Capital Group  Will Post Quarterly Sales of $50.93 Million
Zacks: Analysts Expect Kinsale Capital Group Will Post Quarterly Sales of $50.93 Million
Brokerages Expect MB Financial Inc.  Will Announce Quarterly Sales of $247.80 Million
Brokerages Expect MB Financial Inc. Will Announce Quarterly Sales of $247.80 Million
RPC, Inc.  Expected to Announce Earnings of $0.28 Per Share
RPC, Inc. Expected to Announce Earnings of $0.28 Per Share


© 2006-2018 Ticker Report. Google+.