Key Insights:
- Dave & Buster's (PLAY, Financial) is expected to report Q1 earnings on June 10th post-market, with predictions of a 9.8% decline in EPS and a 3.9% drop in revenue.
- Analyst price targets imply a slight downside potential, while GuruFocus GF Value estimates suggest a significant upside.
- The stock's current consensus recommendation is "Hold," reflecting a cautious sentiment among analysts.
Upcoming Earnings Report
Anticipation builds as Dave & Buster's Entertainment Inc (PLAY) gears up for its first-quarter earnings release scheduled after the market closes on June 10th. Analysts forecast an earnings per share (EPS) of $1.01, which signifies a 9.8% year-over-year decline. The revenue is projected to reach $565 million, representing a 3.9% decrease compared to the previous year. Notably, while the company has had mixed success in surpassing EPS expectations, it has consistently fallen short of revenue projections over the last two years. Furthermore, recent analyst activity has shown six downward revisions for EPS and seven for revenue, reflecting tempered expectations.
Wall Street Analysts Forecast
Delving into price forecasts, seven analysts have provided one-year targets for Dave & Buster's Entertainment Inc (PLAY, Financial), with an average target price set at $25.29. This suggests a minor downside of 1.11% from the current stock price of $25.57, with predictions spanning from a high of $35.00 to a low of $18.00. For further insights, investors can access more detailed estimate data on the Dave & Buster's Entertainment Inc (PLAY) Forecast page.
Analyst Recommendations and GF Value
The prevailing consensus among 10 brokerage firms rates Dave & Buster's Entertainment Inc (PLAY, Financial) at an average of 2.6, categorized as a "Hold". This rating falls within a scale of 1 to 5, where 1 indicates a Strong Buy and 5 signals a Sell. This cautious stance underscores the mixed sentiment around the stock's near-term performance.
From a valuation perspective, GuruFocus estimates predict a GF Value of $57.70 for Dave & Buster's Entertainment Inc (PLAY, Financial) within the next year. This projection suggests a notable upside potential of 125.66% from its current price of $25.57. The GF Value metric represents GuruFocus' fair value estimate, determined by analyzing historical trading multiples, past business growth, and future performance forecasts. For an in-depth analysis, investors can visit the Dave & Buster's Entertainment Inc (PLAY) Summary page.
