Somewhat Positive News Coverage Extremely Unlikely to Affect Dave & Buster’s Entertainment (PLAY) Share Price

Media stories about Dave & Buster’s Entertainment (NASDAQ:PLAY) have been trending somewhat positive recently, according to InfoTrie. The research firm identifies negative and positive media coverage by analyzing more than 6,000 news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Dave & Buster’s Entertainment earned a news impact score of 1.33 on their scale. InfoTrie also assigned news headlines about the restaurant operator an news buzz score of 1 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the media stories that may have effected Dave & Buster’s Entertainment’s analysis:

Several research firms recently weighed in on PLAY. BidaskClub raised Dave & Buster’s Entertainment from a “hold” rating to a “buy” rating in a report on Tuesday, April 30th. Maxim Group raised their price objective on Dave & Buster’s Entertainment from $64.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, April 3rd. Zacks Investment Research lowered Dave & Buster’s Entertainment from a “hold” rating to a “sell” rating in a research note on Monday, February 4th. SunTrust Banks decreased their price target on Dave & Buster’s Entertainment to $61.00 and set a “buy” rating on the stock in a research note on Tuesday, March 5th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $66.00 price target (up previously from $62.00) on shares of Dave & Buster’s Entertainment in a research note on Wednesday, April 3rd. One analyst has rated the stock with a sell rating, one has issued a hold rating and twelve have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $65.00.

Shares of NASDAQ:PLAY traded up $0.22 during midday trading on Friday, reaching $53.83. The company’s stock had a trading volume of 444,700 shares, compared to its average volume of 877,573. The company has a market capitalization of $2.04 billion, a price-to-earnings ratio of 18.37, a P/E/G ratio of 1.22 and a beta of 1.04. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.37 and a quick ratio of 0.26. Dave & Buster’s Entertainment has a fifty-two week low of $37.98 and a fifty-two week high of $67.05.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last announced its quarterly earnings data on Tuesday, April 2nd. The restaurant operator reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.12. Dave & Buster’s Entertainment had a return on equity of 27.71% and a net margin of 9.26%. The company had revenue of $331.80 million for the quarter, compared to the consensus estimate of $324.90 million. During the same period in the previous year, the business earned $0.61 EPS. The firm’s revenue was up 8.8% compared to the same quarter last year. Analysts anticipate that Dave & Buster’s Entertainment will post 3.06 EPS for the current year.

In other Dave & Buster’s Entertainment news, COO Margo Lynn Manning sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $57.30, for a total transaction of $573,000.00. Following the completion of the sale, the chief operating officer now directly owns 23,960 shares of the company’s stock, valued at approximately $1,372,908. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP John Mulleady sold 7,500 shares of the company’s stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $48.37, for a total value of $362,775.00. Following the completion of the transaction, the senior vice president now directly owns 17,004 shares of the company’s stock, valued at $822,483.48. The disclosure for this sale can be found here. Insiders sold a total of 40,635 shares of company stock valued at $2,185,020 over the last ninety days. 3.70% of the stock is currently owned by corporate insiders.

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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 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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