Lucky Strike Entertainment (NYSE:LUCK – Get Free Report) Director John Young bought 7,453 shares of the stock in a transaction that occurred on Monday, November 9th. The shares were bought at an average price of $3.74 per share, for a total transaction of $27,874.22. Following the completion of the transaction, the director directly owned 104,714 shares of the company’s stock, valued at $391,630.36. This represents a 7.66% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.
John Alan Young also recently made the following trade(s):
- On Friday, November 6th, John Young purchased 7,543 shares of Lucky Strike Entertainment stock. The shares were bought at an average cost of $3.86 per share, with a total value of $29,115.98.
- On Tuesday, September 1st, John Young purchased 1,000 shares of Lucky Strike Entertainment stock. The stock was bought at an average price of $614.00 per share, with a total value of $614,000.00.
- On Monday, August 31st, John Young acquired 400 shares of Lucky Strike Entertainment stock. The stock was bought at an average cost of $6.25 per share, for a total transaction of $2,500.00.
- On Friday, August 28th, John Young acquired 2,800 shares of Lucky Strike Entertainment stock. The shares were bought at an average cost of $6.23 per share, for a total transaction of $17,444.00.
Lucky Strike Entertainment Price Performance
Shares of LUCK stock traded down $0.03 during trading hours on Monday, reaching $3.77. 199,940 shares of the company traded hands, compared to its average volume of 124,397. Lucky Strike Entertainment has a 12-month low of $3.57 and a 12-month high of $9.59. The company has a market cap of $513.83 million, a P/E ratio of -8.76 and a beta of 0.71. The firm has a 50-day moving average price of $5.12 and a 200 day moving average price of $7.15.
Lucky Strike Entertainment (NYSE:LUCK – Get Free Report) last released its earnings results on Thursday, November 5th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.10). The company had revenue of $302.64 million for the quarter, compared to the consensus estimate of $297.79 million. Sell-side analysts predict that Lucky Strike Entertainment will post -0.02 EPS for the current year.
Lucky Strike Entertainment Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th were given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date was Tuesday, September 8th. Lucky Strike Entertainment’s dividend payout ratio is presently -55.81%.
Institutional Investors Weigh In On Lucky Strike Entertainment
A number of institutional investors have recently added to or reduced their stakes in LUCK. Squarepoint Ops LLC raised its position in shares of Lucky Strike Entertainment by 69.8% during the second quarter. Squarepoint Ops LLC now owns 22,158 shares of the company’s stock valued at $166,000 after buying an additional 9,112 shares during the last quarter. Rice Hall James & Associates LLC lifted its holdings in shares of Lucky Strike Entertainment by 52.7% in the first quarter. Rice Hall James & Associates LLC now owns 481,189 shares of the company’s stock worth $4,003,000 after buying an additional 166,104 shares in the last quarter. Finally, Great Lakes Advisors LLC bought a new position in shares of Lucky Strike Entertainment during the second quarter worth $1,361,000. 68.11% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the stock. Jefferies Financial Group set a $10.00 price objective on shares of Lucky Strike Entertainment in a research note on Thursday, August 27th. Stifel Nicolaus lowered their target price on shares of Lucky Strike Entertainment from $9.00 to $8.00 and set a “buy” rating on the stock in a research note on Friday, August 28th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lucky Strike Entertainment in a report on Thursday, October 29th. Zacks Research upgraded Lucky Strike Entertainment from a “strong sell” rating to a “hold” rating in a research note on Monday, October 26th. Finally, Truist Financial cut their price target on Lucky Strike Entertainment from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Friday, October 23rd. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $8.17.
View Our Latest Stock Report on Lucky Strike Entertainment
About Lucky Strike Entertainment
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.
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