Media stories about Dave & Buster's Entertainment (NASDAQ:PLAY) have been trending positive on Thursday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Dave & Buster's Entertainment earned a news impact score of 0.26 on Accern’s scale. Accern also gave media coverage about the restaurant operator an impact score of 46.7495147604554 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment’s analysis:
Dave & Buster's Entertainment (NASDAQ:PLAY) traded up $2.11 during mid-day trading on Thursday, reaching $46.10. 4,093,900 shares of the company traded hands, compared to its average volume of 3,058,771. The firm has a market capitalization of $1,880.00, a price-to-earnings ratio of 17.60, a price-to-earnings-growth ratio of 1.44 and a beta of 0.58. The company has a current ratio of 0.38, a quick ratio of 0.26 and a debt-to-equity ratio of 0.70. Dave & Buster's Entertainment has a 1-year low of $43.77 and a 1-year high of $73.48.
Dave & Buster's Entertainment (NASDAQ:PLAY) last released its earnings results on Thursday, December 7th. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.06. The business had revenue of $250.00 million for the quarter, compared to analyst estimates of $255.70 million. Dave & Buster's Entertainment had a net margin of 10.20% and a return on equity of 24.82%. Dave & Buster's Entertainment’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.25 earnings per share. equities analysts anticipate that Dave & Buster's Entertainment will post 2.65 earnings per share for the current year.
Several research firms have issued reports on PLAY. BidaskClub downgraded Dave & Buster's Entertainment from a “hold” rating to a “sell” rating in a report on Wednesday. Maxim Group dropped their target price on shares of Dave & Buster's Entertainment from $97.00 to $83.00 and set a “buy” rating for the company in a research report on Wednesday. BMO Capital Markets upped their price objective on shares of Dave & Buster's Entertainment to $60.00 and gave the company an “outperform” rating in a research report on Wednesday. SunTrust Banks set a $87.00 price objective on shares of Dave & Buster's Entertainment and gave the company a “buy” rating in a research report on Thursday. Finally, Piper Jaffray Companies reiterated a “buy” rating and set a $56.00 target price on shares of Dave & Buster's Entertainment in a report on Tuesday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the stock. Dave & Buster's Entertainment presently has a consensus rating of “Buy” and an average target price of $69.00.
In other news, CFO Brian Jenkins sold 600 shares of the business’s stock in a transaction dated Wednesday, December 27th. The shares were sold at an average price of $57.25, for a total transaction of $34,350.00. Following the completion of the sale, the chief financial officer now directly owns 5,042 shares of the company’s stock, valued at $288,654.50. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Kevin M. Sheehan purchased 10,000 shares of the business’s stock in a transaction that occurred on Monday, January 8th. The shares were purchased at an average price of $45.58 per share, for a total transaction of $455,800.00. Following the completion of the acquisition, the director now owns 60,138 shares of the company’s stock, valued at approximately $2,741,090.04. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 26,600 shares of company stock valued at $1,478,448. Insiders own 3.84% of the company’s stock.
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Dave & Buster's Entertainment Company Profile
Dave & Busters Entertainment, Inc owns and operates entertainment and dining venues for adults and families in North America. Its venues offer a menu of Fun American New Gourmet entrées 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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