Dave & Buster's Entertainment (PLAY) is Initiated by Wells Fargo to Outperform

Dave & Buster's Entertainment (PLAY) was Initiated by Wells Fargo to “Outperform”. Wells Fargo advised their investors in a research report released on Oct 12, 2016.

Many Wall Street Analysts have commented on Dave & Buster's Entertainment. Dave & Buster's Entertainment was Downgraded by Stifel to ” Hold” on Jul 26, 2016.

On the company’s financial health, Dave & Buster's Entertainment reported $0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Sep 6, 2016. Analyst had a consensus of $0.44. The company had revenue of $244.30 million for the quarter, compared to analysts expectations of $243.14 million. The company’s revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS.

Dave & Buster's Entertainment closed down -0.45 points or -1.12% at $39.57 with 4,84,472 shares getting traded on Tuesday. Post opening the session at $39.8, the shares hit an intraday low of $39.3 and an intraday high of $40.07 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

In a different news, on Oct 11, 2016, Jay L Tobin (SVP, Gen Counsel & Sec) sold 7,500 shares at $39.92 per share price. According to the SEC, on Oct 3, 2016, Dolf A Berle (Pres. & COO) sold 3,750 shares at $40.66 per share price. On Oct 3, 2016, Brian Jenkins (SVP & CFO) sold 3,750 shares at $40.66 per share price, according to the Form-4 filing with the securities and exchange commission.

Dave & Buster's Entertainment

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