Zacks Research Issues Positive Outlook for PLAY Earnings

Dave & Buster's Entertainment Inc (NASDAQ:PLAY - Free Report) - Equities researchers at Zacks Research lifted their Q1 2026 earnings per share estimates for shares of Dave & Buster's Entertainment in a report issued on Tuesday, May 20th. Zacks Research analyst R. Department now expects that the restaurant operator will earn $0.96 per share for the quarter, up from their prior estimate of $0.94. The consensus estimate for Dave & Buster's Entertainment's current full-year earnings is $2.52 per share. Zacks Research also issued estimates for Dave & Buster's Entertainment's FY2026 earnings at $1.51 EPS, Q1 2027 earnings at $0.93 EPS and FY2027 earnings at $1.68 EPS.

Dave & Buster's Entertainment (NASDAQ:PLAY - Get Free Report) last posted its quarterly earnings data on Monday, April 7th. The restaurant operator reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.05. Dave & Buster's Entertainment had a net margin of 3.88% and a return on equity of 44.22%. The firm had revenue of $534.50 million for the quarter, compared to analysts' expectations of $548.77 million. During the same quarter last year, the company posted $0.88 EPS. The business's quarterly revenue was down 10.8% on a year-over-year basis.

PLAY has been the subject of a number of other research reports. Piper Sandler lowered their target price on Dave & Buster's Entertainment from $33.00 to $22.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. BMO Capital Markets lowered their price objective on Dave & Buster's Entertainment from $47.00 to $30.00 and set an "outperform" rating for the company in a research report on Wednesday, April 9th. Truist Financial cut their target price on shares of Dave & Buster's Entertainment from $27.00 to $21.00 and set a "hold" rating on the stock in a report on Wednesday, April 2nd. Finally, Loop Capital dropped their price target on shares of Dave & Buster's Entertainment from $45.00 to $35.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $33.00.

Dave & Buster's Entertainment Price Performance

Shares of Dave & Buster's Entertainment stock traded down $0.41 during trading on Friday, hitting $22.26. 324,772 shares of the stock traded hands, compared to its average volume of 1,457,863. The stock has a market cap of $768.58 million, a price-to-earnings ratio of 11.07 and a beta of 1.94. The company has a quick ratio of 0.19, a current ratio of 0.29 and a debt-to-equity ratio of 6.38. Dave & Buster's Entertainment has a 52 week low of $15.08 and a 52 week high of $52.73. The firm's fifty day moving average is $19.46 and its 200-day moving average is $25.07.

Institutional Trading of Dave & Buster's Entertainment

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Eminence Capital LP boosted its holdings in Dave & Buster's Entertainment by 3.6% in the fourth quarter. Eminence Capital LP now owns 3,845,454 shares of the restaurant operator's stock worth $112,249,000 after acquiring an additional 135,095 shares in the last quarter. Patient Capital Management LLC increased its holdings in shares of Dave & Buster's Entertainment by 36.6% during the fourth quarter. Patient Capital Management LLC now owns 1,777,260 shares of the restaurant operator's stock valued at $51,878,000 after acquiring an additional 476,662 shares in the last quarter. Clearline Capital LP raised its position in shares of Dave & Buster's Entertainment by 17.7% in the 1st quarter. Clearline Capital LP now owns 1,349,236 shares of the restaurant operator's stock worth $23,706,000 after purchasing an additional 203,012 shares during the last quarter. NewEdge Wealth LLC boosted its stake in Dave & Buster's Entertainment by 13.4% in the 4th quarter. NewEdge Wealth LLC now owns 727,491 shares of the restaurant operator's stock worth $21,235,000 after purchasing an additional 85,820 shares in the last quarter. Finally, Boston Partners boosted its stake in Dave & Buster's Entertainment by 1.9% in the 1st quarter. Boston Partners now owns 578,639 shares of the restaurant operator's stock worth $10,169,000 after purchasing an additional 10,905 shares in the last quarter. Hedge funds and other 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.