Zacks Research Has Positive Outlook of PLAY FY2026 Earnings

Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) – Research analysts at Zacks Research lifted their FY2026 earnings estimates for Dave & Buster’s Entertainment in a report released on Tuesday, October 22nd. Zacks Research analyst R. Department now forecasts that the restaurant operator will post earnings per share of $3.01 for the year, up from their previous estimate of $3.00. The consensus estimate for Dave & Buster’s Entertainment’s current full-year earnings is $2.62 per share.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last announced its quarterly earnings data on Tuesday, September 10th. The restaurant operator reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.28. The company had revenue of $557.10 million during the quarter, compared to analysts’ expectations of $560.65 million. Dave & Buster’s Entertainment had a net margin of 5.10% and a return on equity of 51.75%. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.94 EPS.

PLAY has been the topic of several other reports. Loop Capital reduced their price objective on Dave & Buster’s Entertainment from $63.00 to $59.00 and set a “buy” rating on the stock in a research note on Thursday, September 12th. StockNews.com downgraded shares of Dave & Buster’s Entertainment from a “hold” rating to a “sell” rating in a research note on Wednesday, September 11th. BMO Capital Markets dropped their price objective on shares of Dave & Buster’s Entertainment from $65.00 to $55.00 and set an “outperform” rating for the company in a research report on Wednesday, September 11th. Benchmark assumed coverage on shares of Dave & Buster’s Entertainment in a report on Monday, October 7th. They set a “hold” rating on the stock. Finally, Truist Financial lowered their price target on Dave & Buster’s Entertainment from $64.00 to $59.00 and set a “buy” rating for the company in a report on Thursday, August 22nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Dave & Buster’s Entertainment has an average rating of “Hold” and a consensus target price of $62.57.

Dave & Buster’s Entertainment Price Performance

PLAY stock opened at $37.38 on Friday. The company has a market cap of $1.47 billion, a PE ratio of 13.72 and a beta of 2.15. The company has a current ratio of 0.24, a quick ratio of 0.14 and a debt-to-equity ratio of 4.54. The stock has a 50-day moving average price of $32.82 and a two-hundred day moving average price of $41.05. Dave & Buster’s Entertainment has a 12-month low of $29.31 and a 12-month high of $69.82.

Insiders Place Their Bets

In other Dave & Buster’s Entertainment news, CEO Christopher Daniel Morris bought 14,912 shares of the company’s stock in a transaction dated Monday, October 7th. The shares were acquired at an average cost of $33.67 per share, with a total value of $502,087.04. Following the completion of the transaction, the chief executive officer now owns 83,847 shares in the company, valued at $2,823,128.49. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.60% of the stock is currently owned by company insiders.

Institutional Trading of Dave & Buster’s Entertainment

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC increased its position in shares of Dave & Buster’s Entertainment by 1,931.4% in the 2nd quarter. SG Americas Securities LLC now owns 38,698 shares of the restaurant operator’s stock worth $1,541,000 after purchasing an additional 36,793 shares during the last quarter. Quadrature Capital Ltd increased its holdings in Dave & Buster’s Entertainment by 150.1% in the first quarter. Quadrature Capital Ltd now owns 42,279 shares of the restaurant operator’s stock valued at $2,647,000 after buying an additional 25,376 shares during the last quarter. Edgestream Partners L.P. acquired a new stake in Dave & Buster’s Entertainment during the first quarter valued at approximately $1,417,000. Keeley Teton Advisors LLC acquired a new stake in Dave & Buster’s Entertainment during the first quarter valued at approximately $1,803,000. Finally, Quantbot Technologies LP bought a new position in Dave & Buster’s Entertainment during the 1st quarter worth approximately $2,401,000. Institutional investors own 91.45% of the company’s stock.

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 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.