Key Points
- Director John Alan Young bought 6,000 shares on Feb. 6 at $6.50 each (about $39,000), increasing his holding to 85,518 shares—a 7.55% rise in his stake.
- Earnings miss: Lucky Strike reported Q results of ($0.11) EPS versus a $0.03 consensus and revenue of $306.86M versus $313.83M; the stock trades around $7.60 (52‑week range $5.70–$13.25) and carries an average analyst rating of Hold with a $11.64 average price target.
Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) Director John Alan Young acquired 6,000 shares of the company's stock in a transaction dated Friday, February 6th. The shares were bought at an average price of $6.50 per share, for a total transaction of $39,000.00. Following the acquisition, the director owned 85,518 shares in the company, valued at approximately $555,867. This trade represents a 7.55% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Lucky Strike Entertainment Stock Performance
NYSE LUCK opened at $7.60 on Wednesday. Lucky Strike Entertainment has a twelve month low of $5.70 and a twelve month high of $13.25. The stock has a market cap of $1.06 billion, a PE ratio of -11.69 and a beta of 0.71. The firm has a 50-day simple moving average of $8.58 and a 200 day simple moving average of $9.05.
Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.14). The company had revenue of $306.86 million during the quarter, compared to analysts' expectations of $313.83 million. Research analysts forecast that Lucky Strike Entertainment will post 0.43 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several research analysts recently commented on LUCK shares. Wall Street Zen cut Lucky Strike Entertainment from a "hold" rating to a "sell" rating in a research report on Saturday, January 31st. Piper Sandler dropped their price objective on shares of Lucky Strike Entertainment from $10.00 to $9.00 and set a "neutral" rating for the company in a research note on Monday, November 10th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Lucky Strike Entertainment in a research report on Monday, December 29th. Jefferies Financial Group reissued a "buy" rating and issued a $18.00 target price on shares of Lucky Strike Entertainment in a research note on Monday, December 15th. Finally, Roth Mkm reissued a "neutral" rating and issued a $7.50 price target on shares of Lucky Strike Entertainment in a research report on Thursday, February 5th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $11.64.
Get Our Latest Stock Analysis on Lucky Strike Entertainment
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Champlain Investment Partners LLC acquired a new stake in shares of Lucky Strike Entertainment in the 2nd quarter valued at $23,774,000. Private Management Group Inc. acquired a new stake in shares of Lucky Strike Entertainment during the 2nd quarter worth about $17,143,000. Systematic Financial Management LP bought a new position in Lucky Strike Entertainment during the 2nd quarter valued at about $5,785,000. Primecap Management Co. CA acquired a new position in Lucky Strike Entertainment in the second quarter valued at about $2,985,000. Finally, Millennium Management LLC grew its stake in Lucky Strike Entertainment by 291.5% during the third quarter. Millennium Management LLC now owns 412,218 shares of the company's stock worth $4,221,000 after buying an additional 306,931 shares during the last quarter. 68.11% of the stock is owned by institutional investors.
About Lucky Strike Entertainment
(
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.
Further Reading
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