Lucky Strike Entertainment (NYSE:LUCK – Get Free Report) announced its quarterly earnings results on Thursday. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.10), FiscalAI reports. The company had revenue of $302.64 million during the quarter, compared to the consensus estimate of $297.79 million.
Lucky Strike Entertainment Stock Up 1.2%
Lucky Strike Entertainment stock opened at $3.79 on Friday. The business has a fifty day moving average of $5.12 and a two-hundred day moving average of $7.15. The firm has a market cap of $517.37 million, a P/E ratio of -8.83 and a beta of 0.71. Lucky Strike Entertainment has a twelve month low of $3.57 and a twelve month high of $9.59.
Lucky Strike Entertainment Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th were paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend was Tuesday, September 8th. Lucky Strike Entertainment’s dividend payout ratio (DPR) is -70.59%.
Insider Buying and Selling at Lucky Strike Entertainment
In other Lucky Strike Entertainment news, Director Sandeep Mathrani acquired 9,350 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The shares were acquired at an average cost of $6.41 per share, for a total transaction of $59,933.50. Following the transaction, the director directly owned 9,350 shares of the company’s stock, valued at approximately $59,933.50. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Thomas Shannon acquired 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The stock was purchased at an average cost of $5.86 per share, with a total value of $175,800.00. Following the purchase, the chief executive officer directly owned 3,144,000 shares in the company, valued at approximately $18,423,840. This trade represents a 0.96% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders acquired 43,537 shares of company stock valued at $261,064. Insiders own 84.20% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the company. Stifel Nicolaus lowered their target price on Lucky Strike Entertainment from $9.00 to $8.00 and set a “buy” rating on the stock in a report on Friday, August 28th. Jefferies Financial Group set a $10.00 target price on Lucky Strike Entertainment in a report on Thursday, August 27th. Zacks Research upgraded Lucky Strike Entertainment from a “strong sell” rating to a “hold” rating in a report on Monday, October 26th. Roth Capital set a $6.50 price target on shares of Lucky Strike Entertainment in a research note on Friday, August 28th. Finally, Truist Financial lowered their target price on Lucky Strike Entertainment from $9.00 to $8.00 and set a “buy” rating on the stock in a report on Friday, October 23rd. Four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Lucky Strike Entertainment currently has a consensus rating of “Hold” and an average price target of $8.17.
View Our Latest Stock Analysis on Lucky Strike Entertainment
Lucky Strike Entertainment News Summary
Here are the key news stories impacting Lucky Strike Entertainment this week:
- Positive Sentiment: Management reaffirmed fiscal 2027 EBITDA guidance of $340 million–$360 million and said it is targeting about $100 million in debt reduction. These goals may reassure investors about earnings expectations and balance-sheet priorities. Read article
- Neutral Sentiment: Quarterly revenue was $302.64 million, above analysts’ $297.79 million estimate. The company also guided to about $1.3 billion in fiscal 2027 revenue, in line with consensus. Read article
- Negative Sentiment: Lucky Strike reported a quarterly loss of $0.21 per share, wider than the expected $0.11 loss and the $0.12 loss a year earlier. The company also suspended its dividend, removing an income source for shareholders and highlighting its focus on debt reduction; these factors have contributed to recent share-price weakness. Read article
Lucky Strike Entertainment Company Profile
Lucky Strike Entertainment Corp. is an operator of location-based entertainment venues centered on bowling. The company provides recreational and social experiences through bowling lanes, arcade games, food and beverage offerings, and spaces for parties, corporate events and other group gatherings.
The company operates venues under brands that include Lucky Strike, Bowlero and AMF, serving customers across the United States and Canada. Its locations range from upscale entertainment venues to traditional bowling centers, with offerings designed for families, casual visitors, league bowlers and private-event guests.
Lucky Strike Entertainment was previously known as Bowlero Corp.
Featured Articles
- Five stocks we like better than Lucky Strike Entertainment
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
- Airbnb Defied a Brutal Tech Sell-Off, But Can Its Post-Earnings Rally Last?
- MarketBeat Week in Review – 11/2 – 11/6
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
Receive News & Ratings for Lucky Strike Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lucky Strike Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.
