PLAY - Dave & Buster's Entertainment, Inc.
| Previous Close | 46.19 |
| Open | 46.12 |
| Bid | 46.12 x 800 |
| Ask | 49.00 x 800 |
| Day's Range | 45.39 - 46.37 |
| 52 Week Range | 37.20 - 59.60 |
| Volume | 375,523 |
| Avg. Volume | 766,798 |
| Market Cap | 1.414B |
| Beta (5Y Monthly) | 0.81 |
| PE Ratio (TTM) | 15.94 |
| EPS (TTM) | 2.90 |
| Earnings Date | Mar 31, 2020 - Apr 10, 2020 |
| Forward Dividend & Yield | 0.64 (1.40%) |
| Ex-Dividend Date | Jan 08, 2020 |
| 1y Target Est | 46.00 |
- Investor's Business Daily
Activist Investor Buys Stake In This Restaurant Stock Amid M&A Wave
Dave & Buster's stock flykicked through its 200-day moving average after it emerged activist investor KKR has taken a 6.3% stake in the arcade dining chain.
- Bloomberg
Dave & Buster’s Surges After KKR Takes Rare Activist Step
(Bloomberg) -- Private equity giant KKR & Co. took the unusual step to disclose plans to push for changes at Dave & Buster’s Entertainment Inc. Shares in the U.S. restaurant chain soared as much as 16% to the highest level since June.KKR disclosed in a filing Friday that it owned a 10.7% stake, including shares and options. It also said it has had and would continue discussions with management or board about the business, operations and strategy. It may also talk with stockholders, security holders and other relevant parties and could take actions including transactions and board or management changes. KKR had previously reported a stake of about 2.65%, according to a filing dated Sept. 30.KKR’s position adds to recent examples of private equity firms blurring the lines with activist investors. TPG, for example, is raising a fund focused on investing in public companies with the goal of pushing for changes, including seeking board seats and providing strategic advice to companies, people familiar with the matter have said.Shares in Dave & Buster’s have tumbled in the past year, dropping 20% in one day in June following a surprise decline in quarterly comparable sales -- a key metric for retailers. Investor confidence was rattled, Gordon Haskett’s Jeffrey Farmer wrote at the time, and it would take several quarters for management to rebuild, he said. The stock hadn’t recovered until Friday’s jump.The shares traded up 12.6% to $47.2 at 10:06 a.m in New York.Dave & Buster’s first opened in Dallas in 1982 and has more than 110 locations, according to its website.Today the chain is operating in an increasingly competitive industry. Same-store sales in the U.S. casual-diner industry fell 0.6% in 2019, according to Bloomberg Intelligence. Increasing wage costs, restaurant oversupply and difficulty to find labor all hurt the sector.This week Dave & Buster’s said comparable store sales would decline 2.5% to 3% in the fiscal year ending early February.Representatives for KKR and Dave & Buster’s couldn’t be reached for comment.To contact the reporters on this story: Sally Bakewell in New York at sbakewell1@bloomberg.net;Scott Deveau in New York at sdeveau2@bloomberg.netTo contact the editors responsible for this story: Crayton Harrison at tharrison5@bloomberg.net, Cécile DauratFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Zacks
4 Factors That Underscore Dave & Buster's Solid Prospects
Dave & Buster's (PLAY) expects to benefit from unique business model, various sales-boosting initiatives and expansion plans.
- Zacks
Red Robin Issues FY20 Outlook Post Preliminary Q4 Results
Red Robin Gourmet Burgers (RRGB) expects strong comparable restaurant revenue growth and margin expansion in fiscal 2020 and 2021.
- GlobeNewswire
Dave & Buster’s Reaffirms Fiscal 2019 Financial Outlook; Scheduled to Present at 2020 ICR Conference on Tuesday, January 14
“We remain focused on our near-term priorities to revitalize our existing stores, build deeper guest engagement, prioritize spending, allocate capital to high-return opportunities, and return capital to shareholders,” said Brian Jenkins, Chief Executive Officer. Chief Executive Officer Brian Jenkins and Chief Financial Officer Scott Bowman are scheduled to present at the 2020 ICR Conference in Orlando, Florida at 1:30 p.m. ET, and to hold small-group meetings with investors throughout the day.
- Zacks
4 Restaurant Stocks for Appetizing Returns in 2020
Spending on eating out has been rising steadily for quite some time now. Last year, money spent on eating out equaled that spent at grocery stores for the first time in the United States.
- Zacks
Why Is Dave & Buster's (PLAY) Up 6.3% Since Last Earnings Report?
Dave & Buster's (PLAY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Simply Wall St.
Is Dave & Buster's Entertainment, Inc.'s (NASDAQ:PLAY) 71% ROE Better Than Average?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- Zacks
Starbucks Adds Oatmilk Honey Latte to 1,300 Stores in U.S.
Starbucks (SBUX) is strengthening product portfolio by bringing innovation to beverages, refreshment, health and wellness, tea and core food offerings.
- Zacks
Is Dave & Buster's (PLAY) a Good Pick for Value Investors?
Is Dave & Buster's (PLAY) a great pick from the value investor's perspective right now? Read on to know more.
- Zacks
Here's Why You Should Hold onto Cracker Barrel Stock Now
Cracker Barrel Old Country Store's (CBRL) various sales-building initiatives are likely to drive growth. However, high costs remain a drag.
- Zacks
Is Dave & Buster's (PLAY) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- GlobeNewswire
Dave & Buster’s Declares Quarterly Cash Dividend of $0.16 Per Share
This cash dividend is payable on February 10, 2020 to shareholders of record on January 10, 2020. Founded in 1982 and headquartered in Dallas, Texas, Dave & Buster's Entertainment, Inc., is the owner and operator of 135 venues in North America that combine entertainment and dining and offer customers the opportunity to "Eat Drink Play and Watch," all in one location. Dave & Buster's offers a full menu of entrées and appetizers, a complete selection of alcoholic and non-alcoholic beverages, and an extensive assortment of entertainment attractions centered around playing games and watching live sports and other televised events.
- Zacks
Dave & Buster's Strategic Efforts Bode Well, Costs Woes Linger
Dave & Buster's (PLAY) unique business model, various sales-boosting initiatives and continual expansion strategies are encouraging amid a high-cost environment.
- Thomson Reuters StreetEvents
Edited Transcript of PLAY earnings conference call or presentation 10-Dec-19 10:00pm GMT
Q3 2019 Dave & Buster's Entertainment Inc Earnings Call
- Zacks
Should Value Investors Buy Dave & Buster's (PLAY) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Zacks
Dave & Buster's (PLAY) Q3 Earnings & Revenues Top Estimates
Dave & Buster's (PLAY) top line in third-quarter fiscal 2019 gains from solid Amusements and Other revenues as well as Food and Beverage revenues.
- GlobeNewswire
Dave & Buster’s Achieves 6.1% Revenue Growth in Third Quarter
DALLAS, Dec. 10, 2019 -- Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining.
- InvestorPlace
5 Top Stock Trades for Wednesday: CGC, PLAY, MDB
Stocks wavered on Tuesday, as reports signaled that the U.S. may not apply new tariffs on China on December 15th. Still, equities were mixed as a bevy of headlines continue to hit the wires. Let's look at a few top stock trades in the meantime. Top Stock Trades for Tomorrow No. 1: Canopy Growth (CGC)Source: Chart courtesy of StockCharts.comWe've looked at the daily charts a number of times for Canopy Growth (NYSE:CGC). Let's look at a weekly one instead.Investors can see how $15 played a vital role during last month's meltdown, just as the 200-week moving average is now playing a role as resistance. $22.50 has also acted as a ceiling on CGC.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOn the plus side, shares are above the 10-week moving average and downtrend resistance (blue line), the latter of which has been in play since summer. * 10 Best-Performing Growth Stocks of the 2010s So what now? I'd love to see a move over $22.50, which could trigger a longer-term breakout. On the downside, let's see if shares can stay above $17.50. Moving below that level puts the $15 level back on watch. Top Stock Trades for Tomorrow No. 2: Dave & Buster's (PLAY)Source: Chart courtesy of StockCharts.comI'm also using a weekly chart for Dave & Buster's (NASDAQ:PLAY). After getting hammered from $50 down to $40 in June, shares have been consolidating between $37.50 and $42.50.That's a relatively tight range, but it also sets up an excellent trading scenario. Over $42.50 opens the door to PLAY's major moving averages, between $45 and $48. Above the latter and downtrend resistance (blue line) near $52 is in play.On the downside, a move below $37.50 could send shares down into no man's land. There's a multi-year low down near $29, with a Fibonacci extension near $32. Top Stock Trades for Tomorrow No. 3: MongoDB (MDB)Source: Chart courtesy of StockCharts.comMongoDB (NASDAQ:MDB) shares were initially higher after reporting earnings, but those morning gains have since evaporated. In fact, the price action has turned rather ugly on Tuesday.The stock opened at $144.77, ticked higher by three cents, then plunged lower throughout the session. In doing so, MDB knifed right through its 20-day, 50-day and 200-day moving averages.It's really not a good look.Now, shares face the backside of prior downtrend resistance. If it holds as support, see if MDB can reclaim its major moving averages on the upside. If it can, it puts $145-plus back on the table.Should support fail to hold, look for a possible test of $115. That area was clear support in September and October. Below there, MDB could fill its gap down toward $105. Top Stock Trades for Tomorrow No. 4: Peloton (PTON)Source: Chart courtesy of StockCharts.comPeloton (NASDAQ:PTON) just can't seem to stay out of the news. This time, it's as Citron takes a swing at the stock, assigning a 2020 price target of $5.For now, PTON continues to put in higher lows (blue line), while struggling with $35. Above $35 could trigger a breakout to $37, where it faces its former highs. Above that and $40 is on the table.Below uptrend support and the 20-day moving average will be bulls' next line of defense. Below that and the $29 IPO price is on the table. Top Stock Trades for Tomorrow No. 5: GameStop (GME)Source: Chart courtesy of StockCharts.comGameStop (NYSE:GME) has really struggled this year, but the damage was a lot worse in August when shares hit a low of $3.15.The company will report earnings on Tuesday after the close. Ahead of the results, shares are struggling with the 200-day moving average, while maintaining above the 50-day moving average.The setup now is simple: Moving over the 200-day moving average could squeeze shares up toward $7.75 to try and fill the June gap. A move below the 50-day at $5.89 could send shares to $5, a pivotal level over the last six months.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best-Performing Growth Stocks of the 2010s * 10 Stocks With Little or No Debt to Own for the Next 50 Years * 5 Restaurant Stocks Dominating Holiday Season Foot Traffic The post 5 Top Stock Trades for Wednesday: CGC, PLAY, MDB appeared first on InvestorPlace.
- Simply Wall St.
Have Insiders Been Buying Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) Shares?
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
- Insider Monkey
Is Dave & Buster’s Entertainment, Inc. (PLAY) A Good Stock To Buy?
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that's why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]
- Zacks
Q3 Productivity, Labor Costs Revised Down; Plus AZO Beats
Revisions to Q3 Productivity and Unit Labor Cost both came in lower than expected, while AutoZone (AZO) beat estimates on top and bottom lines.
- Benzinga
Q3 Earnings Preview For Dave & Buster's
On Tuesday, December 10, Dave & Buster's Enter (NASDAQ: PLAY ) will release its latest earnings report. Decipher the announcement with Benzinga's help. Earnings and Revenue Dave & Buster's Enter EPS will ...
