Dave & Buster's Entertainment (NASDAQ: PLAY) recently received a number of ratings updates from brokerages and research firms:

  • 9/8/2016 – Dave & Buster's Entertainment was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Dave & Buster’s Entertainment Inc. is an owner and operator of venues in North America that combine dining and entertainment. The Company offers its customers the opportunity to Eat Drink Play and Watch in one location. Eat and Drink is offered through a full menu of Fun American New Gourmet entrees and appetizers and a selection of non-alcoholic and alcoholic beverages. The Company’s Play and Watch offerings provide an assortment of entertainment attractions centered on playing games and watching live sports and other televised events. Dave & Buster’s Entertainment Inc. is headquartered in Dallas, Texas. “
  • 9/8/2016 – Dave & Buster's Entertainment had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $52.00 price target on the stock.
  • 9/7/2016 – Dave & Buster's Entertainment had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a $50.00 price target on the stock.
  • 9/7/2016 – Dave & Buster's Entertainment had its “overweight” rating reaffirmed by analysts at Piper Jaffray Cos.. They now have a $51.00 price target on the stock.
  • 9/1/2016 – Dave & Buster's Entertainment had its “buy” rating reaffirmed by analysts at BMO Capital Markets. They now have a $51.00 price target on the stock.
  • 8/31/2016 – Dave & Buster's Entertainment had its “overweight” rating reaffirmed by analysts at Piper Jaffray Cos.. They now have a $51.00 price target on the stock.
  • 8/22/2016 – Dave & Buster's Entertainment is now covered by analysts at Canaccord Genuity. They set a “buy” rating and a $52.00 price target on the stock.
  • 8/10/2016 – Dave & Buster's Entertainment was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “sell” rating. According to Zacks, “Dave & Buster’s Entertainment Inc. is an owner and operator of venues in North America that combine dining and entertainment. The Company offers its customers the opportunity to Eat Drink Play and Watch in one location. Eat and Drink is offered through a full menu of Fun American New Gourmet entrees and appetizers and a selection of non-alcoholic and alcoholic beverages. The Company’s Play and Watch offerings provide an assortment of entertainment attractions centered on playing games and watching live sports and other televised events. Dave & Buster’s Entertainment Inc. is headquartered in Dallas, Texas. “
  • 7/26/2016 – Dave & Buster's Entertainment was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating. They now have a $45.00 price target on the stock, down previously from $50.00.

Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) opened at 40.39 on Wednesday. The firm has a 50 day moving average of $43.68 and a 200-day moving average of $42.40. The company has a market capitalization of $1.70 billion, a P/E ratio of 21.81 and a beta of 0.57. Dave & Buster's Entertainment, Inc. has a 52 week low of $29.54 and a 52 week high of $49.90.

Dave & Buster's Entertainment (NASDAQ:PLAY) last issued its quarterly earnings data on Tuesday, September 6th. The company reported $0.50 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.06. The company had revenue of $244.30 million for the quarter. Dave & Buster's Entertainment had a net margin of 8.59% and a return on equity of 22.08%. Dave & Buster's Entertainment’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.40 earnings per share. On average, analysts forecast that Dave & Buster's Entertainment, Inc. will post $1.93 earnings per share for the current year.

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In other news, SVP John Mulleady sold 2,500 shares of the stock in a transaction dated Friday, July 15th. The shares were sold at an average price of $47.63, for a total value of $119,075.00. Following the transaction, the senior vice president now directly owns 2,501 shares of the company’s stock, valued at $119,122.63. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Stephen M. King sold 30,000 shares of the stock in a transaction dated Friday, July 1st. The shares were sold at an average price of $46.27, for a total transaction of $1,388,100.00. Following the completion of the transaction, the chief executive officer now directly owns 1 shares in the company, valued at $46.27. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by insiders.

5 Day Chart for NASDAQ:PLAY

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