Key Points
- Director John Alan Young bought 2,800 Lucky Strike shares at an average price of $6.23, increasing his stake by 3.27% to 88,318 shares. He also made additional purchases of 400 shares on August 31 and 1,000 shares on September 1.
- Lucky Strike’s latest quarterly results missed expectations, with a $0.20-per-share loss versus the anticipated $0.05 loss and revenue of $303.95 million below the $311.30 million consensus.
- The stock opened at $6.13, near its 52-week low of $5.52, while analysts maintain an average “Hold” rating and an $8.39 consensus price target. The company also declared a quarterly dividend of $0.06 per share, implying a 3.9% annualized yield.
Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) Director John Alan Young bought 2,800 shares of the firm's stock in a transaction on Friday, August 28th. The stock was acquired at an average cost of $6.23 per share, with a total value of $17,444.00. Following the transaction, the director owned 88,318 shares in the company, valued at $550,221.14. The trade was a 3.27% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
John Alan Young also recently made the following trade(s):
- On Tuesday, September 1st, John Alan Young acquired 1,000 shares of Lucky Strike Entertainment stock. The shares were bought at an average price of $614.00 per share, for a total transaction of $614,000.00.
- On Monday, August 31st, John Alan Young purchased 400 shares of Lucky Strike Entertainment stock. The shares were purchased at an average cost of $6.25 per share, for a total transaction of $2,500.00.
Lucky Strike Entertainment Stock Performance
LUCK stock opened at $6.13 on Wednesday. The business's 50-day moving average is $7.03 and its two-hundred day moving average is $7.80. Lucky Strike Entertainment has a fifty-two week low of $5.52 and a fifty-two week high of $10.88. The company has a market cap of $837.48 million, a price-to-earnings ratio of -18.03 and a beta of 0.62.
Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) last announced its earnings results on Thursday, August 27th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.15). The company had revenue of $303.95 million for the quarter, compared to the consensus estimate of $311.30 million. Equities analysts predict that Lucky Strike Entertainment will post -0.02 earnings per share for the current year.
Lucky Strike Entertainment Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be paid a dividend of $0.06 per share. The ex-dividend date is Tuesday, September 8th. This represents a $0.24 dividend on an annualized basis and a yield of 3.9%. Lucky Strike Entertainment's dividend payout ratio (DPR) is presently -70.59%.
Hedge Funds Weigh In On Lucky Strike Entertainment
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State of Wyoming purchased a new position in Lucky Strike Entertainment during the 4th quarter valued at approximately $74,000. Bank of America Corp DE bought a new position in shares of Lucky Strike Entertainment during the 2nd quarter valued at approximately $94,000. Invesco Ltd. bought a new position in shares of Lucky Strike Entertainment during the 2nd quarter valued at approximately $114,000. Jain Global LLC purchased a new position in shares of Lucky Strike Entertainment in the third quarter valued at $121,000. Finally, XTX Topco Ltd purchased a new position in shares of Lucky Strike Entertainment in the second quarter valued at $123,000. 68.11% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on LUCK. Roth Capital set a $6.50 price target on Lucky Strike Entertainment in a research note on Friday. Wall Street Zen raised Lucky Strike Entertainment from a "strong sell" rating to a "sell" rating in a research note on Saturday, June 20th. Truist Financial set a $10.00 target price on Lucky Strike Entertainment in a research report on Thursday, August 27th. Weiss Ratings reissued a "sell (d)" rating on shares of Lucky Strike Entertainment in a research note on Friday, July 31st. Finally, Craig Hallum cut Lucky Strike Entertainment from a "buy" rating to a "hold" rating and set a $6.50 price target on the stock. in a report on Thursday, May 7th. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Lucky Strike Entertainment presently has an average rating of "Hold" and a consensus price target of $8.39.
View Our Latest Stock Analysis on LUCK
Key Lucky Strike Entertainment News
Here are the key news stories impacting Lucky Strike Entertainment this week:
- Positive Sentiment: Directors demonstrated confidence in Lucky Strike Entertainment by purchasing shares. Sandeep Mathrani bought 9,350 shares for approximately $59,934, while John Alan Young acquired a combined 3,200 shares for roughly $19,944. Insider purchases can support investor sentiment because they indicate that company directors view the stock as potentially undervalued. SEC insider purchase filing SEC insider purchase filing
- Positive Sentiment: Lucky Strike’s fourth-quarter net loss reportedly narrowed 65%, with waterpark revenue and profitability showing strong improvement. The update may provide a more favorable outlook for earnings recovery and operational performance. Lucky Strike Q4 results article
- Neutral Sentiment: Noble Financial projects a seasonal loss of $0.03 per share in the first quarter of fiscal 2027 and $0.01 in the second quarter, followed by $0.23 in the third quarter. The firm forecasts $0.17 EPS for fiscal 2027 and $0.51 for fiscal 2028, indicating potential longer-term improvement.
- Negative Sentiment: Noble Financial cut its fiscal 2027 EPS forecast to $0.17 from $0.32. Although the new estimate remains above the current full-year consensus of $0.15, the sizable reduction signals weaker near-term expectations.
- Negative Sentiment: Lucky Strike recently missed quarterly expectations, reporting a $0.20 per-share loss versus the $0.05 loss analysts expected, while revenue of $303.95 million fell short of the $311.30 million consensus. The earnings miss likely remains a key source of selling pressure.
- Negative Sentiment: The company’s smaller-reporting-company status brings reduced disclosure requirements, which may limit transparency and increase perceived risk for shareholders. Smaller reporting status article
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. Shannon in 1997 and is headquartered in Mechanicsville, VA.
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