Dave & Buster's Entertainment's (PLAY) Buy Rating Reaffirmed at Canaccord Genuity

Marco Green
December 9, 2017

The Caxton Associates Lp holds 105,000 shares with $6.98 million value, up from 45,000 last quarter. The stock increased 1.30% or $1.08 during the last trading session, reaching $83.96. About 1.81M shares traded or 52.43% up from the average. Dave & Buster's Entertainment had a net margin of 10.20% and a return on equity of 24.82%. (NASDAQ:PLAY) has risen 74.20% since December 8, 2016 and is uptrending. It has outperformed by 57.50% the S&P500. Bartlett now forecasts that the restaurant operator will post earnings of $2.63 per share for the year, down from their prior estimate of $2.70.

Schwab Charles Investment stated it has 180,879 shares. PLAY trades with a P/S ratio of 2.1. The stock increased 0.40% or $0.22 during the last trading session, reaching $55.18. It has outperformed by 16.36% the S&P500. Goldman Sachs Group Inc (Put) (NYSE:GS) was reduced too. Zacks Investment Research upgraded Dave & Buster's Entertainment from a "hold" rating to a "buy" rating and set a $67.00 price objective on the stock in a research note on Tuesday, August 22nd. Therefore 90% are positive. Dave & Buster's Entertainment had 30 analyst reports since September 9, 2015 according to SRatingsIntel. (NASDAQ:PLAY) earned "Hold" rating by Stifel Nicolaus on Tuesday, July 26. The stock of Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) on Tuesday, October 10 with "Buy" rating. Leerink Swann maintained the stock with "Buy" rating in Wednesday, July 5 report. (NASDAQ:PLAY) earned "Buy" rating by BMO Capital Markets on Tuesday, June 6. Invesco Limited accumulated 78,899 shares. (PLAY), we can see that the 40-day commodity channel index signal is presently Buy while the 50-day Parabolic SAR generates a Buy signal. Canaccord Genuity has "Buy" rating and $72.0 target.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 1.6 out of the scale from 1 to 5, where 1 stands for Buy and 5 means Sell. (NASDAQ:PLAY) earned "Buy" rating by BMO Capital Markets on Tuesday, August 29. The investor is now holding $30.34 million shares due in part to a decrease of 1.52 million new shares in their portfolio. The firm has a market capitalization of $2,152.32, a price-to-earnings ratio of 21.16, a P/E/G ratio of 1.36 and a beta of 0.58. Among holders that decreased their positions, 46 sold out of the stock Dave & Buster's Entertainment, Inc. Shell Asset Mngmt holds 0.21% in Intuitive Surgical, Inc. Profund Advisors Ltd Limited Liability Company has invested 0.02% in Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY)'s shares owned by insiders are 0.30%, whereas shares owned by institutional owners are 0.00. Shares of PLAY have uptrended 7.87% in the past three months, while the S&P 500 has moved -3.84% in that time. Emerald Advisers Pa accumulated 197,759 shares. Columbus Circle Investors increased its stake in shares of Dave & Buster's Entertainment by 12.4% in the first quarter.

Dave & Buster's Entertainment (NASDAQ:PLAY) last released its earnings results on Thursday, December 7th. Wellington Grp Llp reported 434,215 shares stake. Trexquant Invest L P holds 0.09% or 4,900 shares. Of Vermont reported 471 shares stake. (NASDAQ:PLAY). Texas Permanent School Fund accumulated 27,335 shares or 0.02% of the stock.

Dave & Busters Entertainment, Inc owns and operates entertainment and dining venues for adults and families in North America. Catalyst Advisors Lc reported 0.05% of its portfolio in Dave & Buster's Entertainment, Inc. Its up 0.73, from 0.92 in 2017Q1. It increased, as 35 investors sold Intuitive Surgical, Inc. shares while 185 reduced holdings. 39 funds opened positions while 64 raised stakes. Weiss Multi owns 177,643 shares for 0.5% of their portfolio. Cibc Asset Management reported 0% in Penn National Gaming, Inc. Parkside Bank And Tru has invested 0.01% in Intuitive Surgical, Inc. Teachers Retirement System Of The State Of Kentucky reported 34,939 shares stake. (NASDAQ:PLAY). Riverhead Capital Mngmt Lc, a Delaware-based fund reported 3,529 shares. Millennium Management Ltd Co accumulated 396,096 shares or 0.02% of the stock. (NASDAQ:PLAY). Blackrock stated it has 4.57M shares or 0.02% of all its holdings. Ironwood Invest Mgmt Limited Liability Corporation has 0.41% invested in State Bank Financial Corporation (NASDAQ:STBZ). Timessquare Cap Mgmt Ltd Liability invested in 0.23% or 539,600 shares. For the full year, analysts expect earnings to jump 25.24% yoy to $2.63. It last reported revenues of $249.98 million and EPS of $0.29 for the October 2017, representing 9% top-line growth and 0.25 EPS growth. STBZ's profit will be $14.82 million for 19.52 P/E if the $0.38 EPS becomes a reality.

In the most updated research from a number of analysts on Wall Street, the company gets 6 Buys and 0 Sell among 9 analysts. Therefore 31% are positive. The rating has been shown in a research report on Thursday morning. "(PLAY) Lowered by SunTrust Banks" was published by TrueBlueTribune and is owned by of TrueBlueTribune. SunTrust has "Buy" rating and $35.0 target. On Thursday, October 5 the stock rating was maintained by Piper Jaffray with "Buy". (NASDAQ:ISRG) rating on Thursday, June 2.

In related news, SVP J Michael Plunkett sold 3,000 shares of the company's stock in a transaction dated Wednesday, October 4th. As per Friday, February 5, the company rating was maintained by Stifel Nicolaus. The stock has "Hold" rating by Keefe Bruyette & Woods on Thursday, June 1.

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