Is it time to Buy before this week’s earning report Dave & Buster’s Entertainment (NASDAQ:PLAY)

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Earnings results for Dave & Buster’s Entertainment (NASDAQ:PLAY)

Dave & Buster’s Entertainment, Inc. is expected* to report earnings on 09/10/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 6 analysts’ forecasts, the consensus EPS forecast for the quarter is $-1.44. The reported EPS for the same quarter last year was $0.9.

Dave & Buster’s Entertainment last released its quarterly earnings data on June 11th, 2020. The restaurant operator reported ($1.37) EPS for the quarter, missing the consensus estimate of ($0.85) by $0.52. The business earned $159.80 million during the quarter, compared to the consensus estimate of $167.83 million. Its quarterly revenue was down 56.1% compared to the same quarter last year. Dave & Buster’s Entertainment has generated $3.02 earnings per share over the last year and currently has a price-to-earnings ratio of 52.7. Dave & Buster’s Entertainment has confirmed that its next quarterly earnings report will be published on Thursday, September 10th, 2020.

Analyst Opinion on Dave & Buster’s Entertainment (NASDAQ:PLAY)

13 Wall Street analysts have issued ratings and price targets for Dave & Buster’s Entertainment in the last 12 months. Their average twelve-month price target is $26.86, predicting that the stock has a possible upside of 45.68%. The high price target for PLAY is $55.00 and the low price target for PLAY is $7.00. There are currently 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Dave & Buster’s Entertainment has received a consensus rating of Hold. The company’s average rating score is 2.38, and is based on 5 buy ratings, 8 hold ratings, and no sell ratings. According to analysts’ consensus price target of $26.86, Dave & Buster’s Entertainment has a forecasted upside of 45.7% from its current price of $18.44. Dave & Buster’s Entertainment has only been the subject of 3 research reports in the past 90 days.

Dividend Strength: Dave & Buster’s Entertainment (NASDAQ:PLAY)

Dave & Buster’s Entertainment does not currently pay a dividend. Dave & Buster’s Entertainment does not have a long track record of dividend growth.

Insiders buying/selling: Dave & Buster’s Entertainment (NASDAQ:PLAY)

In the past three months, Dave & Buster’s Entertainment insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $369,839.00 in company stock. Only 4.70% of the stock of Dave & Buster’s Entertainment is held by insiders. 84.55% of the stock of Dave & Buster’s Entertainment is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Dave & Buster’s Entertainment (NASDAQ:PLAY

Earnings for Dave & Buster’s Entertainment are expected to grow in the coming year, from ($3.40) to $0.28 per share. The P/E ratio of Dave & Buster’s Entertainment is 52.69, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.56. The P/E ratio of Dave & Buster’s Entertainment is 52.69, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 34.48. Dave & Buster’s Entertainment has a P/B Ratio of 3.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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