Key Points
- Director Richard Meynard Born purchased 30,000 shares on November 28 at an average price of $8.09 per share for a total of $242,700, an SEC-filed transaction that represents the initiation of his position (now owns 30,000 shares).
- LUCK trades around $8.17 with a 50-day/200-day moving average of $8.69/$9.37 and a market cap of ~$1.14B; analysts' consensus rating is Hold with an average price target of $11.67.
- Recent results showed $0.27 EPS for the quarter and $257.8M revenue, but the company has a negative net margin (-3.8%) and negative ROE (-23.31%), while analysts forecast ~0.43 EPS for the fiscal year.
Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) Director Richard Meynard Born acquired 30,000 shares of the stock in a transaction on Friday, November 28th. The shares were purchased at an average cost of $8.09 per share, with a total value of $242,700.00. Following the transaction, the director directly owned 30,000 shares of the company's stock, valued at approximately $242,700. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Lucky Strike Entertainment Price Performance
NYSE:LUCK opened at $8.17 on Wednesday. The firm's 50-day moving average price is $8.69 and its 200-day moving average price is $9.37. The company has a market capitalization of $1.14 billion, a PE ratio of -21.50 and a beta of 0.72. Lucky Strike Entertainment has a 1-year low of $6.96 and a 1-year high of $13.25.
Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) last issued its quarterly earnings results on Wednesday, May 17th. The company reported $0.27 earnings per share (EPS) for the quarter. Lucky Strike Entertainment had a negative net margin of 3.80% and a negative return on equity of 23.31%. The company had revenue of $257.82 million during the quarter. Equities analysts anticipate that Lucky Strike Entertainment will post 0.43 EPS for the current fiscal year.
Hedge Funds Weigh In On Lucky Strike Entertainment
A number of hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new position in Lucky Strike Entertainment in the 2nd quarter valued at approximately $30,000. Spire Wealth Management bought a new stake in shares of Lucky Strike Entertainment in the 2nd quarter worth $42,000. PNC Financial Services Group Inc. purchased a new position in shares of Lucky Strike Entertainment in the second quarter worth $50,000. GatePass Capital LLC purchased a new position in shares of Lucky Strike Entertainment in the second quarter worth $91,000. Finally, Bank of America Corp DE bought a new position in shares of Lucky Strike Entertainment during the second quarter valued at $94,000. 68.11% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts have recently commented on the company. Weiss Ratings reissued a "sell (d-)" rating on shares of Lucky Strike Entertainment in a research report on Monday. Canaccord Genuity Group reiterated a "buy" rating and set a $16.00 price objective on shares of Lucky Strike Entertainment in a research note on Friday, August 29th. Roth Capital reissued a "neutral" rating and issued a $11.00 target price on shares of Lucky Strike Entertainment in a report on Friday, August 29th. Wall Street Zen raised Lucky Strike Entertainment from a "sell" rating to a "hold" rating in a research note on Sunday, November 16th. Finally, Zacks Research upgraded Lucky Strike Entertainment from a "strong sell" rating to a "hold" rating in a report on Wednesday, September 10th. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $11.67.
View Our Latest Report 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.
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