Research Analysts Offer Predictions for PLAY Q3 Earnings

Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) – Stock analysts at Zacks Research decreased their Q3 2027 earnings estimates for shares of Dave & Buster’s Entertainment in a research report issued to clients and investors on Monday, June 29th. Zacks Research analyst Team now forecasts that the restaurant operator will post earnings of ($1.40) per share for the quarter, down from their prior estimate of ($1.38). Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Dave & Buster’s Entertainment’s current full-year earnings is ($1.02) per share. Zacks Research also issued estimates for Dave & Buster’s Entertainment’s Q4 2027 earnings at ($0.18) EPS, FY2027 earnings at ($1.18) EPS, Q1 2028 earnings at $0.34 EPS, Q2 2028 earnings at $0.05 EPS, Q3 2028 earnings at ($1.30) EPS, Q4 2028 earnings at ($0.18) EPS, FY2028 earnings at ($1.09) EPS, Q1 2029 earnings at $0.36 EPS and FY2029 earnings at ($0.81) EPS.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last released its quarterly earnings results on Monday, June 15th. The restaurant operator reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.38). The firm had revenue of $559.20 million for the quarter, compared to the consensus estimate of $580.60 million. Dave & Buster’s Entertainment had a negative net margin of 3.09% and a negative return on equity of 24.19%. Dave & Buster’s Entertainment’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.76 earnings per share.

A number of other equities research analysts also recently issued reports on PLAY. Citigroup began coverage on Dave & Buster’s Entertainment in a research note on Monday. They set a “market perform” rating for the company. Weiss Ratings restated a “sell (d)” rating on shares of Dave & Buster’s Entertainment in a research report on Monday, April 20th. Wall Street Zen downgraded shares of Dave & Buster’s Entertainment from a “hold” rating to a “strong sell” rating in a research report on Monday, April 6th. UBS Group dropped their price target on shares of Dave & Buster’s Entertainment from $13.00 to $12.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 16th. Finally, Citizens Jmp initiated coverage on Dave & Buster’s Entertainment in a research note on Monday. They issued a “market perform” rating for the company. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $19.33.

Dave & Buster’s Entertainment Stock Up 0.6%

Dave & Buster’s Entertainment stock opened at $11.40 on Wednesday. The stock has a market cap of $396.61 million, a PE ratio of -6.03 and a beta of 1.81. The company has a debt-to-equity ratio of 15.01, a quick ratio of 0.20 and a current ratio of 0.29. Dave & Buster’s Entertainment has a one year low of $9.61 and a one year high of $35.53. The stock has a fifty day moving average of $11.65 and a 200 day moving average of $14.36.

Insiders Place Their Bets

In other Dave & Buster’s Entertainment news, SVP Steve Klohn sold 6,989 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $14.69, for a total value of $102,668.41. Following the completion of the transaction, the senior vice president directly owned 38,547 shares in the company, valued at $566,255.43. This represents a 15.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.73% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Ruffer LLP purchased a new stake in shares of Dave & Buster’s Entertainment during the fourth quarter worth about $2,111,000. ING Groep NV bought a new position in Dave & Buster’s Entertainment in the 4th quarter worth approximately $7,311,000. First Eagle Investment Management LLC purchased a new stake in Dave & Buster’s Entertainment during the 3rd quarter valued at approximately $1,834,000. SG Americas Securities LLC raised its position in shares of Dave & Buster’s Entertainment by 232.3% during the fourth quarter. SG Americas Securities LLC now owns 634,148 shares of the restaurant operator’s stock valued at $10,280,000 after buying an additional 443,308 shares during the last quarter. Finally, MUFG Securities EMEA plc purchased a new position in shares of Dave & Buster’s Entertainment in the fourth quarter worth $7,359,000. Hedge funds and other institutional investors own 91.45% of the company’s stock.

Dave & Buster’s Entertainment News Summary

Here are the key news stories impacting Dave & Buster’s Entertainment this week:

• Positive Sentiment: Zacks Research slightly raised its Q2 2028 EPS estimate to $0.05 from $0.03, suggesting a modest improvement in that period.
• Neutral Sentiment: Citizens JMP initiated coverage with a “market perform” rating, which is less bearish than Zacks’ view but does not imply a strong upside catalyst. Tickerreport.com
• Negative Sentiment: Zacks Research lowered FY2027 EPS to ($1.18) from ($0.93) and FY2028 EPS to ($1.09) from ($0.94), reinforcing a view that losses could persist.
• Negative Sentiment: The firm also cut Q1 2028 EPS to $0.34 from $0.53 and Q4 2027 EPS to ($0.18) from ($0.11), adding to near-term earnings concerns.
• Negative Sentiment: More cautious long-range forecasts, including FY2029 EPS reduced to ($0.81) from ($0.67) and Q1 2029 EPS cut to $0.36 from $0.57, may weigh on sentiment around the stock.

About Dave & Buster’s Entertainment

Dave & Buster’s Entertainment, Inc operates a chain of combined restaurant and entertainment venues designed to appeal to families, young adults and corporate groups. Each location features a full-service restaurant and bar alongside an arcade gaming area with ticket-based redemption, virtual reality experiences and skill-based games. Many venues also include multiple large-screen televisions and a sports bar atmosphere, catering to fans who wish to watch live sporting events in a social setting.

The company was founded in 1982 by David Corriveau and James “Buster” Corley, opening its first location in Dallas, Texas.