Added to YB: 2024-12-23
Pitch date: 2024-12-21
PLAY [bullish]
Dave & Buster's Entertainment, Inc.
-27.78%
current return
Author Info
Under the Hood is a private investor (ex-NYSE, Bridgewater, Alliance Bernstein) writing about stocks. Sign up for their newsletter.
Company Info
Dave & Buster's Entertainment, Inc. owns and operates entertainment and dining venues for adults and families in North America.
Market Cap
$672.4M
Pitch Price
$27.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.60
P/E
13.34
EV/Sales
1.91
Sector
Hotels, Restaurants and Leisure
Category
value
A 5x Ebitda PLAY with Strong Unit Economics
PLAY: Trading at 4.75x EV/EBITDA vs historical 6-10x. Strong insider buys, 40% share reduction since IPO, $100M buyback. 30% short interest, potential squeeze. 6 SSS declines, but remodels excluded. 30%+ cash-on-cash return on new stores. High debt, but strong unit economics. Macro headwinds temporary.
Read full article (6 min)