Brokers Set Expectations for Dave & Buster's Entertainment Inc's Q1 2025 Earnings (NASDAQ:PLAY)

Dave & Buster's Entertainment Inc (NASDAQ:PLAY - Free Report) - Equities researchers at Zacks Research cut their Q1 2025 earnings estimates for shares of Dave & Buster's Entertainment in a research note issued to investors on Tuesday, April 16th. Zacks Research analyst M. Kaushik now anticipates that the restaurant operator will post earnings of $1.41 per share for the quarter, down from their previous estimate of $1.58. The consensus estimate for Dave & Buster's Entertainment's current full-year earnings is $3.96 per share. Zacks Research also issued estimates for Dave & Buster's Entertainment's Q2 2025 earnings at $1.08 EPS, Q1 2026 earnings at $1.87 EPS, Q2 2026 earnings at $1.10 EPS, Q4 2026 earnings at $1.43 EPS and FY2027 earnings at $4.71 EPS.

Several other research firms also recently issued reports on PLAY. Piper Sandler reaffirmed a "neutral" rating and set a $71.00 price target (up previously from $50.00) on shares of Dave & Buster's Entertainment in a research note on Thursday, April 4th. TheStreet raised Dave & Buster's Entertainment from a "c+" rating to a "b-" rating in a research note on Tuesday, January 2nd. StockNews.com raised Dave & Buster's Entertainment from a "sell" rating to a "hold" rating in a research note on Wednesday, April 10th. Jefferies Financial Group boosted their target price on shares of 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. Finally, UBS Group boosted their target price on shares of Dave & Buster's Entertainment from $60.00 to $66.00 and gave the company a "neutral" rating in a research note on Wednesday, April 3rd. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, Dave & Buster's Entertainment has an average rating of "Hold" and an average price target of $69.21.

Dave & Buster's Entertainment Price Performance

Shares of NASDAQ:PLAY traded down $0.49 during midday trading on Wednesday, hitting $53.82. 1,068,610 shares of the stock were exchanged, compared to its average volume of 1,158,947. The stock has a market cap of $2.17 billion, a P/E ratio of 19.15 and a beta of 2.08. The company has a current ratio of 0.32, a quick ratio of 0.23 and a debt-to-equity ratio of 5.11. Dave & Buster's Entertainment has a twelve month low of $31.65 and a twelve month high of $69.82. The company has a 50 day moving average price of $61.41 and a 200-day moving average price of $50.04.

Insider Activity

In other news, SVP John Mulleady sold 42,824 shares of the company's stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $66.58, for a total transaction of $2,851,221.92. Following the completion of the transaction, the senior vice president now owns 57,132 shares of the company's stock, valued at approximately $3,803,848.56. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, SVP John Mulleady sold 42,824 shares of the business's stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $66.58, for a total transaction of $2,851,221.92. Following the completion of the sale, the senior vice president now owns 57,132 shares in the company, valued at approximately $3,803,848.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael J. Griffith sold 5,203 shares of the business's stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $65.57, for a total value of $341,160.71. Following the sale, the director now owns 33,546 shares of the company's stock, valued at approximately $2,199,611.22. The disclosure for this sale can be found here. Corporate insiders own 1.60% of the company's stock.

Hedge Funds Weigh In On Dave & Buster's Entertainment

Institutional investors and hedge funds have recently bought and sold shares of the stock. Quadrature Capital Ltd acquired a new position in shares of Dave & Buster's Entertainment in the 4th quarter valued at approximately $910,000. Price T Rowe Associates Inc. MD grew its stake in shares of Dave & Buster's Entertainment by 4.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 22,211 shares of the restaurant operator's stock worth $1,197,000 after purchasing an additional 925 shares in the last quarter. Voya Investment Management LLC boosted its stake in Dave & Buster's Entertainment by 46.3% during the fourth quarter. Voya Investment Management LLC now owns 21,385 shares of the restaurant operator's stock valued at $1,152,000 after buying an additional 6,765 shares in the last quarter. Public Sector Pension Investment Board boosted its stake in Dave & Buster's Entertainment by 68.0% during the fourth quarter. Public Sector Pension Investment Board now owns 71,293 shares of the restaurant operator's stock valued at $3,839,000 after buying an additional 28,853 shares in the last quarter. Finally, Bayesian Capital Management LP bought a new position in Dave & Buster's Entertainment during the fourth quarter valued at about $665,000. Hedge funds and other institutional investors own 91.45% 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 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.