Key Points
- Director John Alan Young bought 1,500 shares of Lucky Strike Entertainment (NYSE:LUCK) on Nov. 7 at an average price of $7.90 (total $11,850), after acquiring 100 shares on Nov. 6, bringing his direct ownership to 74,833 shares (a 2.05% increase).
- LUCK shares were down about 1.5%, trading near $7.93 with a 50-day SMA of $9.41 and 200-day SMA of $9.55, and sit close to their 52-week low of $7.66 (52-week high $13.25); market cap is ~$1.11 billion.
- The company reported $0.27 EPS for the quarter but shows negative return on equity and net margin; analysts' consensus is a Hold with an average price target of $11.67, and the stock yields about 2.8% annualized.
Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) Director John Alan Young bought 1,500 shares of the business's stock in a transaction on Friday, November 7th. The stock was purchased at an average price of $7.90 per share, with a total value of $11,850.00. Following the completion of the transaction, the director directly owned 74,833 shares of the company's stock, valued at $591,180.70. This trade represents a 2.05% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.
John Alan Young also recently made the following trade(s):
- On Thursday, November 6th, John Alan Young acquired 100 shares of Lucky Strike Entertainment stock. The stock was purchased at an average cost of $7.95 per share, for a total transaction of $795.00.
Lucky Strike Entertainment Stock Down 1.5%
Shares of Lucky Strike Entertainment stock opened at $7.93 on Tuesday. The business has a fifty day simple moving average of $9.41 and a 200-day simple moving average of $9.55. Lucky Strike Entertainment has a fifty-two week low of $7.66 and a fifty-two week high of $13.25. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of -20.87 and a beta of 0.72.
Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) last released its earnings results on Wednesday, May 17th. The company reported $0.27 earnings per share (EPS) for the quarter. Lucky Strike Entertainment had a negative return on equity of 23.31% and a negative net margin of 3.80%.The firm had revenue of $257.82 million for the quarter. Analysts anticipate that Lucky Strike Entertainment will post 0.43 earnings per share for the current fiscal year.
Lucky Strike Entertainment Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 29th were paid a dividend of $0.055 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $0.22 annualized dividend and a yield of 2.8%. Lucky Strike Entertainment's dividend payout ratio is currently -57.89%.
Wall Street Analyst Weigh In
LUCK has been the topic of several recent research reports. Roth Capital restated a "neutral" rating and issued a $11.00 price target on shares of Lucky Strike Entertainment in a research report on Friday, August 29th. Canaccord Genuity Group reaffirmed a "buy" rating and set a $16.00 target price on shares of Lucky Strike Entertainment in a report on Friday, August 29th. Weiss Ratings reissued a "sell (d)" rating on shares of Lucky Strike Entertainment in a research note on Wednesday, October 8th. Zacks Research raised shares of Lucky Strike Entertainment from a "strong sell" rating to a "hold" rating in a research note on Wednesday, September 10th. Finally, Wall Street Zen upgraded shares of Lucky Strike Entertainment from a "sell" rating to a "hold" rating in a report on Saturday. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $11.67.
Read Our Latest Research Report on LUCK
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. Farther Finance Advisors LLC acquired a new position in Lucky Strike Entertainment during the second quarter valued at $30,000. Spire Wealth Management purchased a new position in Lucky Strike Entertainment during the 2nd quarter valued at about $42,000. PNC Financial Services Group Inc. acquired a new position in shares of Lucky Strike Entertainment in the 2nd quarter valued at about $50,000. GatePass Capital LLC purchased a new stake in shares of Lucky Strike Entertainment in the second quarter worth approximately $91,000. Finally, Bank of America Corp DE purchased a new stake in shares of Lucky Strike Entertainment in the second quarter worth approximately $94,000. Hedge funds and other institutional investors own 68.11% of the company's stock.
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.
Further Reading
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