Dave & Buster’s Entertainment (NASDAQ:PLAY) posted its quarterly earnings results on Tuesday. The restaurant operator reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.04, Fidelity Earnings reports. The business had revenue of $344.60 million during the quarter, compared to analysts’ expectations of $345.27 million. Dave & Buster’s Entertainment had a return on equity of 29.12% and a net margin of 9.06%. Dave & Buster’s Entertainment updated its FY 2019 guidance to EPS.
NASDAQ:PLAY traded down $3.64 during mid-day trading on Wednesday, hitting $40.08. 3,032,255 shares of the stock were exchanged, compared to its average volume of 802,106. The stock has a market capitalization of $1.55 billion, a price-to-earnings ratio of 13.68, a price-to-earnings-growth ratio of 0.97 and a beta of 0.86. The firm’s 50-day simple moving average is $40.46 and its 200 day simple moving average is $46.70. The company has a debt-to-equity ratio of 4.17, a quick ratio of 0.17 and a current ratio of 0.28. Dave & Buster’s Entertainment has a fifty-two week low of $37.21 and a fifty-two week high of $67.05.
In other news, Director Michael J. Griffith acquired 5,000 shares of the firm’s stock in a transaction on Tuesday, July 2nd. The shares were purchased at an average cost of $39.32 per share, with a total value of $196,600.00. Following the acquisition, the director now directly owns 16,327 shares in the company, valued at approximately $641,977.64. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP John Mulleady sold 7,500 shares of the stock in a transaction on Monday, June 17th. The stock was sold at an average price of $39.94, for a total value of $299,550.00. Following the transaction, the senior vice president now owns 21,319 shares in the company, valued at approximately $851,480.86. The disclosure for this sale can be found here. Insiders own 3.70% of the company’s stock.
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 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.
Featured Article: What is the cash asset ratio?
Receive News & Ratings for Dave & Buster's Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dave & Buster's Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.