TheStreet upgraded shares of Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) from a hold rating to a buy rating in a research note issued to investors on Monday.

Several other analysts have also recently commented on PLAY. Stifel Nicolaus cut shares of Dave & Buster’s Entertainment from a buy rating to a hold rating and decreased their price objective for the company from $50.00 to $45.00 in a research note on Tuesday, July 26th. Zacks Investment Research cut shares of Dave & Buster’s Entertainment from a strong-buy rating to a sell rating in a research note on Wednesday, August 10th. Canaccord Genuity started coverage on shares of Dave & Buster’s Entertainment in a research note on Monday, August 22nd. They set a buy rating and a $52.00 price objective for the company. Piper Jaffray Cos. restated an overweight rating and set a $51.00 price objective on shares of Dave & Buster’s Entertainment in a research note on Wednesday, August 31st. Finally, BMO Capital Markets restated a buy rating and set a $51.00 price objective on shares of Dave & Buster’s Entertainment in a research note on Thursday, September 1st. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. Dave & Buster’s Entertainment has a consensus rating of Buy and an average target price of $47.27.

Analyst Recommendations for Dave & Buster`s Entertainment (NASDAQ:PLAY)

Dave & Buster’s Entertainment (NASDAQ:PLAY) traded down 1.12% during trading on Monday, reaching $39.57. 484,472 shares of the company traded hands. Dave & Buster’s Entertainment has a 52 week low of $29.54 and a 52 week high of $49.90. The company has a market capitalization of $1.66 billion, a P/E ratio of 21.37 and a beta of 0.62. The firm has a 50-day moving average price of $42.01 and a 200-day moving average price of $42.59.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last released its earnings results on Tuesday, September 6th. The company reported $0.50 earnings per share for the quarter, topping the 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%. The firm’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.40 EPS. Analysts forecast that Dave & Buster’s Entertainment will post $1.94 earnings per share for the current fiscal year.

In related news, CFO Brian Jenkins sold 9,250 shares of the business’s stock in a transaction on Monday, July 18th. The shares were sold at an average price of $47.60, for a total value of $440,300.00. Following the completion of the sale, the chief financial officer now owns 1 shares of the company’s stock, valued at approximately $47.60. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP John Mulleady sold 2,500 shares of the business’s stock in a transaction on Friday, July 15th. The stock was sold at an average price of $47.63, for a total transaction of $119,075.00. Following the completion of the sale, the senior vice president now directly owns 2,501 shares of the company’s stock, valued at approximately $119,122.63. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by corporate insiders.

Large investors have recently modified their holdings of the company. Paradigm Asset Management Co. LLC raised its stake in shares of Dave & Buster’s Entertainment by 6.9% in the second quarter. Paradigm Asset Management Co. LLC now owns 3,100 shares of the company’s stock valued at $145,000 after buying an additional 200 shares during the last quarter. Loomis Sayles & Co. L P raised its stake in shares of Dave & Buster’s Entertainment by 0.7% in the first quarter. Loomis Sayles & Co. L P now owns 53,777 shares of the company’s stock valued at $2,085,000 after buying an additional 359 shares during the last quarter. Teacher Retirement System of Texas raised its stake in shares of Dave & Buster’s Entertainment by 14.1% in the second quarter. Teacher Retirement System of Texas now owns 4,340 shares of the company’s stock valued at $203,000 after buying an additional 535 shares during the last quarter. Guggenheim Capital LLC raised its stake in shares of Dave & Buster’s Entertainment by 13.4% in the second quarter. Guggenheim Capital LLC now owns 5,940 shares of the company’s stock valued at $278,000 after buying an additional 702 shares during the last quarter. Finally, Victory Capital Management Inc. raised its stake in shares of Dave & Buster’s Entertainment by 31.9% in the second quarter. Victory Capital Management Inc. now owns 3,512 shares of the company’s stock valued at $164,000 after buying an additional 849 shares during the last quarter.

5 Day Chart for NASDAQ:PLAY

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