Lucky Strike Entertainment (NYSE:LUCK) Director Buys $17,444.00 in Stock

Lucky Strike Entertainment (NYSE:LUCKGet Free Report) Director John Young bought 2,800 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The shares were bought at an average cost of $6.23 per share, for a total transaction of $17,444.00. Following the transaction, the director owned 88,318 shares of the company’s stock, valued at $550,221.14. The trade was a 3.27% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

John Alan Young also recently made the following trade(s):

  • On Tuesday, September 1st, John Young purchased 1,000 shares of Lucky Strike Entertainment stock. The shares were bought at an average price of $614.00 per share, with a total value of $614,000.00.
  • On Monday, August 31st, John Young purchased 400 shares of Lucky Strike Entertainment stock. The stock was bought at an average cost of $6.25 per share, with a total value of $2,500.00.

Lucky Strike Entertainment Trading Down 0.8%

Shares of NYSE:LUCK opened at $6.19 on Friday. The stock’s fifty day simple moving average is $6.97 and its two-hundred day simple moving average is $7.78. Lucky Strike Entertainment has a 1-year low of $5.52 and a 1-year high of $10.82. The stock has a market cap of $845.68 million, a PE ratio of -18.21 and a beta of 0.62.

Lucky Strike Entertainment (NYSE:LUCKGet Free Report) last posted its quarterly earnings data on Thursday, August 27th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.15). The business had revenue of $303.95 million for the quarter, compared to analysts’ expectations of $311.30 million. On average, sell-side analysts forecast that Lucky Strike Entertainment will post -0.02 earnings per share for the current fiscal year.

Lucky Strike Entertainment Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be paid a $0.06 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $0.24 annualized dividend and a yield of 3.9%. Lucky Strike Entertainment’s dividend payout ratio (DPR) is -70.59%.

Institutional Investors Weigh In On Lucky Strike Entertainment

Hedge funds have recently modified their holdings of the stock. State of Wyoming purchased a new position in Lucky Strike Entertainment in the fourth quarter valued at approximately $74,000. Bank of America Corp DE bought a new stake in shares of Lucky Strike Entertainment in the second quarter valued at $94,000. Invesco Ltd. bought a new stake in shares of Lucky Strike Entertainment in the second quarter valued at $114,000. Jain Global LLC purchased a new position in shares of Lucky Strike Entertainment during the 3rd quarter valued at $121,000. Finally, XTX Topco Ltd purchased a new position in shares of Lucky Strike Entertainment during the 2nd quarter valued at $123,000. Institutional investors own 68.11% of the company’s stock.

Analysts Set New Price Targets

LUCK has been the subject of several recent analyst reports. Citigroup started coverage on Lucky Strike Entertainment in a report on Monday, June 29th. They issued a “market perform” rating for the company. Citizens Jmp assumed coverage on Lucky Strike Entertainment in a research note on Monday, June 29th. They issued a “market perform” rating for the company. Stifel Nicolaus decreased their target price on Lucky Strike Entertainment from $9.00 to $8.00 and set a “buy” rating for the company in a research report on Friday, August 28th. Roth Capital set a $6.50 target price on Lucky Strike Entertainment in a research note on Friday, August 28th. Finally, Wall Street Zen raised shares of Lucky Strike Entertainment from a “strong sell” rating to a “sell” rating in a report on Saturday, June 20th. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Lucky Strike Entertainment presently has an average rating of “Hold” and a consensus price target of $8.39.

View Our Latest Analysis on LUCK

Lucky Strike Entertainment Company Profile

(Get Free Report)

Lucky Strike Entertainment Corp. engages in operating bowling centers. It offers entertainment concepts with lounge seating, arcades, food and beverage offerings, and hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. The company was founded by Thomas F. Shannon in 1997 and is headquartered in Mechanicsville, VA.

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Insider Buying and Selling by Quarter for Lucky Strike Entertainment (NYSE:LUCK)

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