Today, a Director at Dave & Busters Entertainment (NASDAQ: PLAY), Stephen King, bought shares of PLAY for $61.27K.
Following this transaction Stephen King’s holding in the company was increased by 100% to a total of $2.05 million. In addition to Stephen King, one other PLAY executive reported Buy trades in the last month.
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Based on Dave & Busters Entertainment’s latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $319 million and quarterly net profit of $33.78 million. In comparison, last year the company earned revenue of $281 million and had a net profit of $30.36 million. PLAY’s market cap is $2.5B and the company has a P/E ratio of 21.17. Currently, Dave & Busters Entertainment has an average volume of 179.1K.
Starting in October 2017, PLAY received 62 Buy ratings in a row. Seven different firms, including BMO Capital and Canaccord Genuity, currently also have a Buy rating on the stock. Based on 7 analyst ratings, the analyst consensus is Strong Buy with an average price target of $70.17, reflecting a 9.0% upside.
In the last 30 days, insiders have sold $159.8K worth of PLAY shares and purchased $245.1K worth of PLAY shares. The insider sentiment on Dave & Busters Entertainment has been positive according to 56 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Dave & Buster’s Entertainment, Inc. is an owner and operator of entertainment and dining venues under the name Dave & Buster’s. Its concept is to offer its customers the opportunity to Eat Drink Play all in one location, through a full menu of casual dining food items and a full selection of non-alcoholic and alcoholic beverage items together with an extensive assortment of entertainment attractions, including skill and sports-oriented redemption games, video games, interactive simulators and other traditional games. The company was founded by David O. Corriveau and James W. Corley in 1982 and is headquartered in Dallas, TX.
