Dave & Buster's Enter Azioni (NASDAQ: PLAY)

Ultime notizie per Dave & Buster's Enter (NASDAQ:PLAY) Azioni

Dave & Buster's Enter

Dave & Buster's Entertainment Inc owns and operates nearly a hundred entertainment and dining establishments in the United States where customers can eat, drink, play games, and watch televised sports. Each store offers a full menu of entries 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. It derives maximum revenue from Entertainment.

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Oggi, 11 settembre 2024, ecco 5 titoli da monitorare: Designer Brands, GameStop, Manchester United, Dave &amp; Buster&#39;s, e Oxford Industries.

Pre-market: 5 titoli da monitorare oggi, 11 settembre 2024

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Scopri i 5 titoli azionari da tenere d&#39;occhio nel pre-market di oggi, 10 settembre 2024, per decisioni informate.

Pre-market: 5 titoli da monitorare oggi, 10 settembre 2024

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Shares of restaurant companies are trading higher following the Fed's rate cut, which could boost industry traffic through an increase in consumer discretionary incomes.

Loop Capital analyst Alton Stump maintains Dave &amp; Buster's Enter (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) with a Buy and lowers the price target from $63 to $59.

Price Target

Analyst Ratings

Loop Capital Maintains Buy on Dave & Buster's Enter, Lowers Price Target to $59

Shares of Dave &amp; Buster&#8217;s Entertainment Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) climbed in early trading on Wednesday, after the company reported <a href="https://www.benzinga.com/news/24/09/40809529/why-dave-busters-shares-are-trading-higher-by-around-13-here-are-20-stocks-moving-premarket">upbeat second-quarter results</a>.
The company reported its results amid an <a href="https://www.benzinga.com/earnings">exciting earnings season</a>. Here are some key analyst takeaways.
BMO Capital Markets On Dave &amp; Buster&#8217;s Entertainment
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/584fea22ee7bf600019078d3/andrew-strelzik">Analyst Andrew Strelzik</a> reiterated an Outperform rating, while reducing the price target from $65 to $55.
Dave &amp; Buster&#8217;s Entertainment reported its second-quarter EBITDA at $152 million, beating consensus by $11 million, with stronger restaurant margins and lower G&amp;A more than offseting weaker comps, Strelzik said in a note." This marks a return to supporting EBITDA upside despite top-line pressures following last quarter&#8217;s missteps," he added.
The company continues to witness pressure on same-store sales, with comps declining 6.3% in the second quarter and "likely similar declines in August owing to the challenging consumer spending environment," the analyst stated. While the top-line is likely to remain softer than was earlier anticipated, the quarterly results "bolster our confidence that PLAY could navigate a challenging environment with cost savings as a bridge to more conducive top-line environment in which its strategic initiatives could better perform," he further wrote.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
Truist Securities On Dave &amp; Buster&#8217;s Entertainment
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/589dc33d43eaaa000122c591/jake-bartlett">Analyst Jake Bartlett</a> maintained a Buy rating and price target of $59.
Although Dave &amp; Buster&#8217;s Entertainment delivered an earnings beat, its same-store sales declined sharply by 6.3%, versus consensus of a 3.3% downturn, Bartlett said.
"We continue to believe that PLAY&#8217;s sales initiatives will begin to offset macro pressures, with a building impact of remodels, a more focused marketing campaign during football season and significant special events sales drivers (pre-bookings already up Y/Y)," the analyst wrote. Although same-store sales are likely to remain under pressure in the near term, the company may be able to "at least partially offset" the impact of this with operating cost efficiencies, he added.
PLAY Price Action: Shares of Dave &amp; Buster&#8217;s Entertainment were up 1.5% to $30.37 at the time of publication on Wednesday.
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Photo: JHVEPhoto/Shutterstock.com

Analyst Color

Earnings Beats

Reiteration

Movers

Dave & Buster's Analysts See Upside In 'Challenging Environment' After Q2 Earnings Beat

U.S. stocks were lower, with the Dow Jones index falling over 1% on Wednesday.
Shares of Petco Health and Wellness Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WOOF#NASDAQ">WOOF</a>) rose sharply during Wednesday's session following quarterly results.
Petco reported quarterly losses of nine cents per share, which missed the analyst consensus estimate of losses of two cents per share. Quarterly sales of $1.52 billion met the analyst consensus estimate and represented a 1.99% increase over the same period last year.
Petco Health and Wellness shares surged 8.4% to $3.3299 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>PureCycle Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCT#NASDAQ">PCT</a>) shares jumped 20% to $5.63 after the company announced financing transaction and Ironton production update.</li>
<li>Sigma Lithium Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGML#NASDAQ">SGML</a>) gained 17.4% to $11.05 amid a rise in the price of lithium. Chinese company Contemporary Amperex Technology halted production at its lepidolite mine in Yichun, Jiangxi.</li>
<li>Lithium Americas (Argentina) Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAAC#NYSE">LAAC</a>) rose 15.7% to $2.49 amid a rise in the price of lithium. Chinese company Contemporary Amperex Technology halted production at its lepidolite mine in Yichun, Jiangxi.</li>
<li>Hyliion Holdings Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HYLN#NYSE">HYLN</a>) gained 13.3% to $2.0046. Hyliion Holdings recently announced it has been awarded a $15 million + contract by the Office of Naval Research to develop its KARNO generator for Navy ships and stationary power applications.</li>
<li>Oscar Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSCR#NYSE">OSCR</a>) jumped 13.2% to $19.72.</li>
<li>Arcadium Lithium plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALTM#NYSE">ALTM</a>) gained 11.7% to $2.5250.</li>
<li>Albemarle Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALB#NYSE">ALB</a>) gained 10.2% to $86.67 amid a rise in the price of lithium. Chinese company Contemporary Amperex Technology halted production at its lepidolite mine in Yichun, Jiangxi.</li>
<li>Liquidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LQDA#NASDAQ">LQDA</a>) gained 10.1% to $9.81 after the company announced raise of $67.5 million from new common stock financings and $32.5 million advance from HealthCare Royalty under current financing agreement.</li>
<li>SolarEdge Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) rose 8.8% to $19.41.</li>
<li>Array Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARRY#NASDAQ">ARRY</a>) gained 7.8% to $6.14.</li>
<li>Dave &amp; Buster&#8217;s Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) rose 7.5% to $32.09 after the company reported better-than-expected second-quarter EPS results.</li>
<li>Verona Pharma plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNA#NASDAQ">VRNA</a>) gained 6.6% to $29.86. HC Wainwright &amp; Co. analyst Raghuram Selvaraju reiterated Verona Pharma with a Buy and maintained a $36 price target.</li>
<li>First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) gained 6.2% to $221.14.</li>
<li>AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) gained 6.2% to $91.53. B of A Securities analyst Omar Dessouky maintained AppLovin with a Buy and raised the price target from $100 to $120.</li>
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Intraday Update

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Petco, AppLovin, Dave & Buster's And Other Big Stocks Moving Higher On Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page.</a>
<ul>
<li>Ascendiant Capital raised the price target for Atossa Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATOS#NASDAQ">ATOS</a>) from $6.25 to $6.5. Ascendiant Capital analyst Edward Woo maintained a Buy rating. Atossa Therapeutics shares gained 7.4% to close at $1.46 on Tuesday. <a href="https://www.benzinga.com/quote/atos/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities cut the price target for Novartis AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVS#NYSE">NVS</a>) from $135 to $130. B of A Securities analyst Graham Perry downgraded the stock from Buy to Neutral. Novartis shares fell 0.2% to close at $116.99 on Tuesday. <a href="https://www.benzinga.com/quote/NVS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Keefe, Bruyette &amp; Woods raised Camden National Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAC#NYSE">CAC</a>) price target from $40 to $41. Keefe, Bruyette &amp; Woods analyst Damon Delmonte maintained a Market Perform rating. Camden National shares fell 0.3% to close at $37.78 on Tuesday. <a href="https://www.benzinga.com/quote/CAC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler cut Supernus Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SUPN#NASDAQ">SUPN</a>) price target from $41 to $36. Piper Sandler analyst David Amsellem downgraded the stock from Overweight to Neutral. Supernus Pharmaceuticals shares fell 1.2% to close at $33.49 on Tuesday. <a href="https://www.benzinga.com/quote/SUPN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities raised the price target for AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) from $100 to $120. B of A Securities analyst Omar Dessouky maintained a Buy rating. AppLovin shares fell 0.1% to close at $86.23 on Tuesday. <a href="https://www.benzinga.com/quote/APP/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Stifel boosted Krystal Biotech, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRYS#NASDAQ">KRYS</a>) price target from $204 to $220. Stifel analyst Dae Gon Ha maintained a Buy rating. Krystal Biotech shares fell 1.4% to close at $185.00 on Tuesday. <a href="https://www.benzinga.com/quote/KRYS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>BMO Capital cut Dave &amp; Buster&#8217;s Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) price target from $65 to $55. BMO Capital analyst Andrew Strelzik maintained an Outperform rating. Dave &amp; Buster&#8217;s shares fell 0.8% to close at $29.86 on Tuesday. <a href="https://www.benzinga.com/quote/PLAY/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wedbush cut the price target for GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) from $11 to $10. Wedbush analyst Michael Pachter maintained an Underperform rating. GameStop shares fell 3.3% to close at $23.45 on Tuesday. <a href="https://www.benzinga.com/quote/GME/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Truist Securities boosted Academy Sports and Outdoors, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASO#NASDAQ">ASO</a>) price target from $60 to $63. Truist Securities analyst Joseph Civello maintained a Buy rating. Academy Sports shares gained 5.2% to close at $55.38 on Tuesday. <a href="https://www.benzinga.com/quote/ASO/analyst-ratings">See how other analysts view this stock.</a></li>
<li>BMO Capital cut Domino&#8217;s Pizza, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>) price target from $525 to $510. BMO Capital analyst Andrew Strelzik maintained an Outperform rating. Domino&#8217;s shares fell 0.8% to close at $416.77 on Tuesday. <a href="https://www.benzinga.com/quote/DPZ/analyst-ratings">See how other analysts view this stock.</a></li>
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<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="534" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/11090617/image-87-1024x534.png" alt="" class="wp-image-542314" style="width:481px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/11090617/image-87-1024x534.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/11090617/image-87-300x156.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/11090617/image-87-768x400.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/11090617/image-87.png 1276w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>

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PLAY: 15% &#x7C; <a href="https://www.benzinga.com//node/40811554">Dave &amp; Buster's Entertainment shares are trading higher after the company reported better-than-expected Q2 EPS results.</a>

BCTX

Market-Moving News for September 11th

BMO Capital analyst Andrew Strelzik maintains Dave &amp; Buster's Enter (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) with a Outperform and lowers the price target from $65 to $55.

BMO Capital Maintains Outperform on Dave & Buster's Enter, Lowers Price Target to $55

Dave & Buster's Entertainment shares are trading higher after the company reported better-than-expected Q2 EPS results.

Shares of Dave &amp; Buster&#8217;s Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) rose sharply in today's pre-market trading after the company posted stronger-than-expected earnings for<a href="https://www.benzinga.com/news/earnings/24/09/40804051/dave-busters-stock-races-higher-after-q2-eps-beat-details"> its second quarter on Tuesday.</a>
Dave &amp; Buster's reported quarterly earnings of $1.12 per share, which beat the analyst consensus estimate of 84 cents by 33.33%. Quarterly sales came in at $557.1 million, slightly below the analyst consensus estimate of $560.646 million.
Dave &amp; Buster&#8217;s Entertainment shares jumped 12.7% to $33.66 in the pre-market trading.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>CN Energy Group. Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNEY#NASDAQ">CNEY</a>) gained 201.1% to $0.8454 in pre-market trading after gaining over 5% on Tuesday.</li>
<li>FTC Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTCI#NASDAQ">FTCI</a>) rose 96.9% to $0.4431 in today's pre-market trading after the company announced that it has been selected by Strata Clean Energy to supply approximately 500 megawatts of its Voyager 2P solar tracker technology for multiple project sites in the U.S. and will be the preferred 2P solar tracker supplier over a three-year initial term.</li>
<li>Quhuo Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QH#NASDAQ">QH</a>) gained 79.7% to $2.39 in the pre-market trading session after jumping around 307% on Tuesday.</li>
<li>BIO-key International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKYI#NASDAQ">BKYI</a>) shares gained 27.6% to $2.55 in pre-market trading. BIO-Key shares jumped around 92% on Tuesday after the company announced it was rewarded $500K in new orders from a government defense ministry.</li>
<li>China SXT Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SXTC#NASDAQ">SXTC</a>) gained 25.6% to $0.7090 in pre-market trading.</li>
<li>Tantech Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TANH#NASDAQ">TANH</a>) gained 22.1% to $0.1690 in pre-market trading after declining around 5% on Tuesday.</li>
<li>TOMI Environmental Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOMZ#NASDAQ">TOMZ</a>) gained 16.5% to $0.8980 in pre-market trading after declining 3% on Tuesday.</li>
<li>Arcadium Lithium plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALTM#NYSE">ALTM</a>) rose 9.7% to $2.48 in pre-market trading.</li>
<li>NFT Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MI#NYSE">MI</a>) gained 9.3% to $4.70 in pre-market trading.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Telesis Bio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBIO#NASDAQ">TBIO</a>) fell 52.9% to $1.79 in pre-market trading after the company announced that it has notified the Nasdaq Stock Market of its decision to delist.</li>
<li>MultiPlan Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPLN#NYSE">MPLN</a>) fell 22.8% to $0.1852 in pre-market trading. MultiPlan announced a 1-for-40 reverse stock split, effective Sept. 23.</li>
<li>Rentokil Initial plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTO#NYSE">RTO</a>) shares fell 17.6% to $26.02 in pre-market trading.</li>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) shares declined 16% to $15.65 in pre-market trading after gaining 3% on Tuesday.</li>
<li>Silexion Therapeutics Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLXN#NASDAQ">SLXN</a>) shares fell 16% to $1.04 in pre-market trading after jumping over 26% on Tuesday.</li>
<li>iLearningEngines, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AILE#NASDAQ">AILE</a>) shares fell 12.8% to $1.36 in pre-market trading. iLearningEngines shares jumped 115% on Tuesday after the company&#8217;s CEO responded to short seller statements.</li>
<li>LiveOne, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LVO#NASDAQ">LVO</a>) fell 12.6% to $1.25 in today's pre-market trading after declining over 6% on Tuesday.</li>
<li>Relay Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RLAY#NASDAQ">RLAY</a>) shares dipped 11.9% to $7.93 in pre-market trading. Relay Therapeutics priced its $200 million public offering of 28,571,429 common shares at $7/share.</li>
<li>HWH International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HWH#NASDAQ">HWH</a>) shares declined 11.6% to $0.47 in pre-market trading after jumping 17% on Tuesday.</li>
<li>GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) declined 10.5% to $20.98 in pre-market trading. GameStop reported a surprise profit for the second quarter, while sales missed expectations.</li>
</ul>
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Why Dave & Buster's Shares Are Trading Higher By Around 13%; Here Are 20 Stocks Moving Premarket

With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Designer Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBI#NYSE">DBI</a>) to report quarterly earnings at $0.53 per share on revenue of $816.14 million before the opening bell. Designer Brands shares rose 3.2% to $6.00 in after-hours trading.</li>
<li>GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) reported a surprise profit for the second quarter, while sales missed expectations. GameStop shares dipped 10.4% to $21.01 in the after-hours trading session.</li>
<li>Analysts are expecting Manchester United plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MANU#NYSE">MANU</a>) to post a quarterly loss at $0.17 per share on revenue of $188.52 million. The company will release earnings before the markets open. Manchester United shares rose 1.4% to $16.63 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Dave &amp; Buster&#8217;s Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) posted stronger-than-expected earnings for its second quarter on Tuesday. Dave &amp; Buster&#8217;s shares climbed 12.2% to $33.50 in the after-hours trading session.</li>
<li>Analysts expect Oxford Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) to report quarterly earnings at $3.00 per share on revenue of $438.18 million after the closing bell. Oxford Industries shares rose 4% to $86.73 in after-hours trading.</li>
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GameStop, Designer Brands And 3 Stocks To Watch Heading Into Wednesday

Dave &amp; Buster&#8217;s Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) shares are climbing after the company reported its second-quarter financial results after Tuesday's closing bell. Here's a look at the <a href="https://www.benzinga.com/pressreleases/24/09/g40803367/dave-busters-reports-second-quarter-2024-financial-results">details from the report.&nbsp;</a>
The Details: Dave &amp; Buster&#8217;s reported quarterly earnings of $1.12 per share, which beat the analyst consensus estimate of 84 cents by 33.33%. Quarterly sales came in at $557.1 million, slightly below the analyst consensus estimate of $560.646 million.
Comparable store sales decreased 6.3% compared to the same period last year. Store operating income before depreciation and amortization totaled $176.5 million, or 31.7% of revenue. 
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&#8220;We are pleased with the progress we are making on our strategic initiatives and on the strong financial results achieved during the quarter. During the quarter, we grew Revenue and Adjusted EBITDA, expanded our Adjusted EBITDA margins and generated strong operating cash flow which allowed us to invest in the business and return cash to shareholders,&#8221; said Chris Morris, Dave &amp; Buster&#8217;s CEO.
&#8220;We have also continued to make significant progress toward our strategic goals. Our fully programmed remodels continue to perform well and we are excited about the remodels that have recently opened and will open throughout the remainder of Fiscal 2024 and beyond,&#8221; Morris added.
PLAY Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Dave &amp; Buster's Entertainment shares are up 7.50% after-hours at $32.10 at the time of publication Tuesday.
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Photo: Courtesy of Dave &amp; Buster&#8217;s Entertainment, Inc.

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Dave & Buster's Stock Races Higher After Q2 EPS Beat: Details

Dave & Buster's Entertainment shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results.

Dave &amp; Buster's Enter (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) reported quarterly earnings of $1.12 per share which beat the analyst consensus estimate of $0.84 by 33.33 percent. The company reported quarterly sales of $557.100 million which missed the analyst consensus estimate of $560.646 million by 0.63 percent. This is a 2.77 percent increase over sales of $542.100 million the same period last year.

Earnings Misses

Dave & Buster's Enter Q2 2024 Adj. EPS $1.12 Beats $0.84 Estimate, Sales $557.100M Miss $560.646M Estimate

The market sentiment seems to fluctuate as the index futures dipped slightly, indicating a lower opening on Tuesday. The CBOE Volatility, aka VIX, rose slightly but held around the 20 level. Oracle Corp.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) <a href="https://www.benzinga.com/news/earnings/24/09/40781943/oracle-stock-climbs-on-strong-q1-results-partnerships-with-google-cloud-aws">earnings and the management&#8217;s comments </a>regarding huge data center needs could buoy the tech space, although the Court of Justice of the European Union&#8217;s rulings against two big techs, necessitating payment of huge fines could act as a dampener.
That said, traders are likely to adopt a &#8220;wait-and-watch&#8221; approach as the market prepares to receive the consumer and producer price inflation reports over Wednesday and Thursday. The first presidential debate between former President Donald Trump and Vice President Kamala Harris, due late Tuesday, will also evince the interest of traders, given the candidates will likely discuss policy measures during the debate.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.29%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.11%</td>
</tr>
<tr>
<td>Dow</td>
<td>-0.07%</td>
</tr>
<tr>
<td>R2K</td>
<td>-0.24%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Tuesday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) edged up 0.02% to $546.51 and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) slipped 0.04% to $454.30, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Cues From Last Session: 
Bargain hunting helped reverse sentiment on Wall Street on Monday, as the major averages held above the unchanged line throughout the session, although amid some volatility. The S&amp;P 500 Index had closed the previous week with the biggest loss in about a year-and-a-half amid macro concerns. Monday&#8217;s rebound was led by high-profile tech stocks including Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>). The buying was broad-based with consumer discretionary, industrial, financial, IT and real estate stocks seeing marked strength.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+1.16%</td>
<td>16,884.60</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+1.16%</td>
<td>5,471.05</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+1.20%</td>
<td>40,829.59</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+0.30%</td>
<td>2,097.78</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Weak economic data has accelerated the nascent rotation from growth stocks to value but particularly to dividend-paying stocks, said WisdomTree Senior Economist and Wharton professor Jeremy Siegel. &#8220;This shift reflects the broader anticipation of rate cuts, making bonds less attractive in comparison,&#8221; he said. The economist also highlighted significant technical sell signals seen in sectors that were prior market leaders, particularly in tech and semiconductors like Nvidia, which could indicate broader market shifts ahead.
The upcoming consumer and producer price inflation reports and other high-frequency economic data will be crucial in shaping the Fed&#8217;s actions, Siegel said. &#8220;While the U.S. economy is not in a recession and I do not forecast one, the slowdown necessitates more aggressive interest rate cuts by the Fed to mitigate risks and support economic stability,&#8221; he added.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How To Trade Futures</a>
Upcoming Economic Data:
<ul>
<li>The Energy Information Administration will release its short-term energy outlook report at 12 p.m. EDT.</li>
<li>The Treasury will auction three-year notes at 1 p.m. EDT.</li>
</ul>
Stocks In Focus:
<ul>
<li>Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) climbed over 9% <a href="https://www.benzinga.com/premarket">in premarket trading</a> following the company&#8217;s quarterly results.</li>
<li>Dave &amp; Buster&#8217;s Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>), GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) and Petco Health and Wellness Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WOOF#NASDAQ">WOOF</a>) are scheduled to announce their <a href="https://www.benzinga.com/calendars/earnings">quarterly results after the market close.</a></li>
<li>Hewlett Packard Enterprise Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) fell about 6% on a convertible stock offering.</li>
<li>Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) retreated over 1% and Alphabet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) edged down on <a href="https://www.benzinga.com/news/24/09/40787706/apple-alphabets-google-forced-to-cough-up-multi-billion-dollars-in-fines-as-top-eu-court-rules-again">adverse EU apex court rulings.</a></li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures declined steeply but gold futures rose modestly and traded shy of the $2,550 level. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) gained ground and traded just above the $57K level. The 10-year Treasury note yield edged slightly higher at 3.708%.
As Asian stocks took inspiration from Wall Street&#8217;s buoyancy overnight, most major markets in the region advanced, although caution remained the watchword ahead of the twin U.S. inflation reports. On the other hand, the Japanese stocks slipped amid a firmer yen, and the South Korean and Taiwanese markets also bucked the uptrend.
Sentiment across the Atlantic was nervous in early trading, with the Euro STOXX 50 Index marginally higher. 
Read Next: 
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</ul>
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Nasdaq, S&P 500 Futures Slip As Traders Eye Presidential Debate, Oracle Rallies Over 8%: Economist Points This Shift In Broader Market Trend Amid Flurry Of Weak Data

Dave &amp; Buster&#8217;s Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) will release earnings results for its second quarter, after the <a href="https://www.benzinga.com/quote/PLAY/earnings">closing bell on Tuesday, Sept. 10.</a>
Analysts expect the Coppell, Texas-based company to report quarterly earnings at 84 cents per share, up from 60 cents per share. Dave &amp; Buster&#8217;s projects to report quarterly revenue of $560.65 million for the quarter, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On June 13, Dave &amp; Buster&#8217;s reported worse-than-expected first-quarter financial results.
Dave &amp; Buster&#8217;s shares fell 2.2% to $30.11 in after-hours trading.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TJX/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/589dc33d43eaaa000122c591/jake-bartlett">Truist Securities analyst Jake Bartlett</a> maintained a Buy rating and cut the price target from $64 to $59 on Aug. 22. This analyst has an accuracy rate of 74%.</li>
<li>BMO Capital analyst Andrew Strelzik maintained an Outperform rating and lowered the price target from $75 to $65 on June 13. This analyst has an accuracy rate of 65%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/592423cf290fa700011180e7/nicole-miller%20regan">Piper Sandler analyst Nicole Miller Regan</a> downgraded the stock from Overweight to Neutral and raised the price target from $50 to $71 on April 4. This analyst has an accuracy rate of 75%.</li>
<li>UBS analyst Dennis Geiger maintained a Neutral rating and raised the price target from $60 to $66 on April 3. This analyst has an accuracy rate of 69%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58b579d9b85e930001267b2f/brian-vaccaro">Raymond James analyst Brian Vaccaro </a>downgraded the stock from Outperform to Market Perform on March 25. This analyst has an accuracy rate of 82%.</li>
</ul>
Considering buying PLAY stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="523" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10021235/image-1-18-1024x523.png" alt="" class="wp-image-538878" style="width:642px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10021235/image-1-18-1024x523.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10021235/image-1-18-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10021235/image-1-18-768x392.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10021235/image-1-18.png 1296w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Dave & Buster's Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, but the index remained in the &#8220;Fear&#8221; zone on Monday.
U.S. stocks settled higher on Monday, with the Dow Jones index surging more than 1% during the session after losing over 1,200 points last week.
NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) shares jumped 3.5% on Monday after the AI darling fell around 14% last week. Relay Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RLAY#NASDAQ">RLAY</a>) shares jumped 52% on Monday after the company reported interim data for its breast cancer treatment.
On the economic data front, U.S. wholesale inventories increased by 0.2% month-over-month to $903.5 billion in July compared to a preliminary reading of a 0.3% rise, and versus a revised flat reading a month ago.
All sectors on the S&amp;P 500 closed on a positive note, with industrials, information technology and consumer discretionary stocks recording the biggest gains on Monday.
The Dow Jones closed higher by around 484 points to 40,829.59 on Monday. The S&amp;P 500 rose 1.16% to 5,471.05, while the Nasdaq Composite jumped 1.16% at 16,884.60 during Monday's session.
Investors are awaiting earnings results from Academy Sports and Outdoors, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASO#NASDAQ">ASO</a>), GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) and Dave &amp; Buster&#8217;s Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 42.1, the index remained in the &#8220;Fear&#8221; zone on Monday, versus a prior reading of 39.3.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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</ul>

Dow Jumps Over 1% Following Last Week's Selloff: Investor Sentiment Improves, But Fear & Greed Index Remains In 'Fear' Zone

With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Academy Sports and Outdoors, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASO#NASDAQ">ASO</a>) to report quarterly earnings at $2.03 per share on revenue of $1.57 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Academy Sports shares rose 0.3% to $52.80 in after-hours trading.</li>
<li>Oracle Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) reported better-than-expected earnings and sales results for its first quarter on Monday. Oracle and Amazon.com, Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) AWS announced the launch of Oracle Database@AWS, a new offering that allows customers to access Oracle Autonomous Database on dedicated infrastructure and Oracle Exadata Database Service within AWS. Oracle shares jumped 8.9% to $152.30 in the after-hours trading session.</li>
<li>Analysts are expecting GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) to post a quarterly loss at $0.9 per share on revenue of $895.67 million. The company will release earnings after the markets close. GameStop shares rose 0.7% to $24.43 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Calavo Growers, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) posted stronger-than-expected results for its third quarter on Monday. Calavo Growers shares climbed 7.6% to $25.82 in the after-hours trading session.</li>
<li>Analysts expect Dave &amp; Buster&#8217;s Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) to report quarterly earnings at $0.84 per share on revenue of $560.65 million after the closing bell. Dave &amp; Buster&#8217;s shares rose 0.8% to $30.35 in after-hours trading.</li>
</ul>
Check This Out: 
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<li><a href="https://www.benzinga.com/news/24/09/40773243/top-2-health-care-stocks-that-may-collapse-this-quarter">Top 2 Health Care Stocks That May Collapse This Quarter</a></li>
</ul>

GameStop, Oracle And 3 Stocks To Watch Heading Into Tuesday

5 analysts have expressed a variety of opinions on Dave &amp; Buster's Enter (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Dave &amp; Buster's Enter and provided 12-month price targets. The average target is $63.6, accompanied by a high estimate of $67.00 and a low estimate of $59.00. Observing a downward trend, the current average is 14.05% lower than the prior average price target of $74.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1724335255_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Dave &amp; Buster's Enter among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jake Bartlett</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$59.00</td>
<td>$64.00</td>
</tr>
<tr>
<td>Alton Stump</td>
<td>Loop Capital</td>
<td>Lowers</td>
<td>Buy</td>
<td>$63.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>Jake Bartlett</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$64.00</td>
<td>$67.00</td>
</tr>
<tr>
<td>Andrew Strelzik</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$65.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Jake Bartlett</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$67.00</td>
<td>$78.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Dave &amp; Buster's Enter. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Dave &amp; Buster's Enter compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Dave &amp; Buster's Enter's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Dave &amp; Buster's Enter's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PLAY/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Dave &amp; Buster's Enter analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Unveiling the Story Behind Dave &amp; Buster's Enter</h2>
Dave &amp; Buster's Entertainment Inc owns and operates nearly a hundred entertainment and dining establishments in the United States where customers can eat, drink, play games, and watch televised sports. Each store offers a full menu of entries 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. It derives maximum revenue from Entertainment.
<h3>Unraveling the Financial Story of Dave &amp; Buster's Enter</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Negative Revenue Trend: Examining Dave &amp; Buster's Enter's financials over 3 months reveals challenges. As of 30 April, 2024, the company experienced a decline of approximately -1.54% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Dave &amp; Buster's Enter's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.04% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 15.23%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Dave &amp; Buster's Enter's ROA stands out, surpassing industry averages. With an impressive ROA of 1.1%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 9.95, caution is advised due to increased financial risk.
<h2>The Basics of Analyst Ratings</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Scoreboard: 5 Ratings For Dave & Buster's Enter

Truist Securities analyst Jake Bartlett maintains Dave &amp; Buster's Enter (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) with a Buy and lowers the price target from $64 to $59.

Truist Securities Maintains Buy on Dave & Buster's Enter, Lowers Price Target to $59

Although U.S. stocks closed higher on Friday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#8217;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">Noble</h3>
<ul>
<li>The Trade: Noble Corporation plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NE#NYSE">NE</a>) 10% owner APMH Invest A/S <a href="https://www.benzinga.com/quote/NE/analyst-ratings">acquired a total of 300,000 shares</a> at an average price of $44.15. To acquire these shares, it cost around $13.2 million.</li>
<li>What's Happening: Last month, Noble announced an agreement to acquire Diamond Offshore Drilling, Inc. for $2.15 billion in a cash &amp; stock deal.</li>
<li>What Noble Does: Noble Corp PLC is an offshore drilling contractor for the oil and gas industry that provides contract drilling services to the international oil and gas industry with its fleet of mobile offshore drilling units.</li>
</ul>
<h3 class="wp-block-heading">Friedman Industries</h3>
<ul>
<li>The Trade: Friedman Industries, Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FRD#NYSE">FRD</a>) Director, President / CEO Mike J Taylor acquired a total of 5,000 shares at an average price of $14.50. To acquire these shares, it cost around $72,500.</li>
<li>What's Happening: On June 26, Friedman Industries declared a cash dividend of 4 cents per share.</li>
<li>What Friedman Industries Does: Friedman Industries Inc is engaged in the manufacturing and processing of steel products.</li>
</ul>
Don&#8217;t forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<h3 class="wp-block-heading">Dave &amp; Buster&#8217;s Entertainment</h3>
<ul>
<li>The Trade: Dave &amp; Buster&#8217;s Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) CFO Darin Harper <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 13,578 shares</a> at an average price of $38.77. To acquire these shares, it cost around $526,420.</li>
<li>What's Happening: On June 12, Dave &amp; Buster&#8217;s reported worse-than-expected first-quarter financial results.</li>
<li>What Dave &amp; Buster&#8217;s Entertainment Does: Dave &amp; Buster&#8217;s Entertainment Inc owns and operates nearly a hundred entertainment and dining establishments in the United States where customers can eat, drink, play games, and watch televised sports.</li>
</ul>
<h3 class="wp-block-heading">First National</h3>
<ul>
<li>The Trade: First National Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FXNC#NASDAQ">FXNC</a>) Director Kirtesh Patel <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 7,500 shares</a> at an average price of $15.56. The insider spent around $116,700 to buy those shares. </li>
<li>What's Happening: On April 30, First National Corporation reported unaudited consolidated net income of $3.2 million for the three months ended March 31, 2024.</li>
<li>What First National Does: First National Corp is a bank holding company of First Bank, which is a commercial bank.</li>
</ul>
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39646161/top-3-financial-stocks-youll-regret-missing-in-q3">Top 3 Financial Stocks You&#8217;ll Regret Missing In Q3</a>

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Press Releases

Dave & Buster's Entertainment, Inc. Announces Opportunistic Term and Revolving Loan Repricing

Management

Rocky Mountain Chocolate Appoints Industry Veteran and Board Director Starlette B. Johnson as Interim Chief Executive Officer

Dave & Buster's Entertainment, Inc. to Report Fourth Quarter and Fiscal Year End 2023 Financial Results on April 2, 2024

Dave & Buster's Reports Fourth Quarter and Fiscal Year End 2023 Financial Results

Dave & Buster's Appoints New Chief Financial Officer

Dave & Buster's Entertainment, Inc. to Report First Quarter 2024 Financial Results on June 12, 2024

Hilton Grand Vacations Announces Appointment of Gail Mandel to its Board of Directors

Dave & Buster's Reports First Quarter 2024 Financial Results, Repurchases $50 Million of Shares and Executes Sale Leaseback Agreement of Two Properties for $45 Million

Dave & Buster's Entertainment, Inc. to Report Second Quarter 2024 Financial Results on September 10, 2024

Dave & Buster's Reports Second Quarter 2024 Financial Results

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