Zacks Research Issues Positive Outlook for PLAY Earnings

Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY - Free Report) - Zacks Research increased their Q2 2026 earnings per share estimates for Dave & Buster's Entertainment in a research note issued to investors on Tuesday, June 24th. Zacks Research analyst R. Department now anticipates that the restaurant operator will post earnings per share of $0.80 for the quarter, up from their prior forecast of $0.65. 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 Q3 2026 earnings at ($0.90) EPS, Q4 2026 earnings at $0.75 EPS, FY2026 earnings at $1.41 EPS, Q2 2027 earnings at $0.84 EPS, Q3 2027 earnings at ($0.60) EPS, Q4 2027 earnings at $0.88 EPS, FY2027 earnings at $2.08 EPS and Q1 2028 earnings at $0.80 EPS.

Dave & Buster's Entertainment (NASDAQ:PLAY - Get Free Report) last released its quarterly earnings results on Tuesday, June 10th. The restaurant operator reported $0.76 EPS for the quarter, missing the consensus estimate of $0.96 by ($0.20). Dave & Buster's Entertainment had a net margin of 1.83% and a return on equity of 40.67%. The firm had revenue of $567.70 million for the quarter, compared to analysts' expectations of $572.12 million. During the same period in the previous year, the company posted $0.99 earnings per share. The business's quarterly revenue was down 3.5% compared to the same quarter last year.

A number of other research firms have also recently commented on PLAY. BMO Capital Markets increased their price target on Dave & Buster's Entertainment from $30.00 to $35.00 and gave the company an "outperform" rating in a research note on Wednesday, June 11th. Loop Capital boosted their price target on Dave & Buster's Entertainment from $35.00 to $46.00 and gave the stock a "buy" rating in a research note on Wednesday, June 11th. Truist Financial increased their price objective on shares of Dave & Buster's Entertainment from $22.00 to $29.00 and gave the company a "hold" rating in a research report on Wednesday, June 11th. Piper Sandler lifted their target price on shares of Dave & Buster's Entertainment from $22.00 to $30.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 11th. Finally, UBS Group boosted their target price on shares of Dave & Buster's Entertainment from $18.00 to $29.00 and gave the stock a "neutral" rating in a research report on Wednesday, June 11th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $33.83.

Dave & Buster's Entertainment Stock Performance

Shares of PLAY opened at $30.48 on Friday. Dave & Buster's Entertainment has a 12 month low of $15.08 and a 12 month high of $43.73. The stock has a fifty day moving average price of $23.65 and a 200-day moving average price of $23.68. The company has a current ratio of 0.26, a quick ratio of 0.17 and a debt-to-equity ratio of 10.69. The firm has a market cap of $1.05 billion, a PE ratio of 30.18 and a beta of 2.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rhumbline Advisers boosted its stake in shares of Dave & Buster's Entertainment by 3.9% in the fourth quarter. Rhumbline Advisers now owns 98,670 shares of the restaurant operator's stock worth $2,880,000 after buying an additional 3,730 shares during the last quarter. Principal Financial Group Inc. grew its position in Dave & Buster's Entertainment by 2.3% during the fourth quarter. Principal Financial Group Inc. now owns 153,487 shares of the restaurant operator's stock valued at $4,480,000 after buying an additional 3,494 shares during the period. Illinois Municipal Retirement Fund increased its holdings in Dave & Buster's Entertainment by 34.8% in the fourth quarter. Illinois Municipal Retirement Fund now owns 22,672 shares of the restaurant operator's stock valued at $662,000 after buying an additional 5,854 shares in the last quarter. NewEdge Wealth LLC increased its holdings in Dave & Buster's Entertainment by 13.4% in the fourth quarter. NewEdge Wealth LLC now owns 727,491 shares of the restaurant operator's stock valued at $21,235,000 after buying an additional 85,820 shares in the last quarter. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Dave & Buster's Entertainment in the fourth quarter worth about $47,000. 91.45% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Dave & Buster's Entertainment news, SVP John Mulleady sold 5,931 shares of Dave & Buster's Entertainment stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $32.79, for a total transaction of $194,477.49. Following the completion of the sale, the senior vice president now directly owns 42,550 shares in the company, valued at approximately $1,395,214.50. The trade was a 12.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.02% 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.

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