Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) Director John Young acquired 7,453 shares of the company's stock in a transaction dated Monday, November 9th. The shares were bought at an average cost of $3.74 per share, with a total value of $27,874.22. Following the purchase, the director owned 104,714 shares in the company, valued at approximately $391,630.36. The trade was a 7.66% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
John Alan Young also recently made the following trade(s):
- On Friday, November 6th, John Young bought 7,543 shares of Lucky Strike Entertainment stock. The stock was bought at an average cost of $3.86 per share, for a total transaction of $29,115.98.
- On Tuesday, September 1st, John Young bought 1,000 shares of Lucky Strike Entertainment stock. The stock was bought at an average cost of $614.00 per share, for a total transaction of $614,000.00.
- On Monday, August 31st, John Young bought 400 shares of Lucky Strike Entertainment stock. The stock was bought at an average price of $6.25 per share, with a total value of $2,500.00.
- On Friday, August 28th, John Young bought 2,800 shares of Lucky Strike Entertainment stock. The stock was bought at an average price of $6.23 per share, with a total value of $17,444.00.
Lucky Strike Entertainment Stock Performance
Shares of LUCK stock opened at $3.77 on Tuesday. Lucky Strike Entertainment has a one year low of $3.57 and a one year high of $9.59. The company has a 50 day moving average price of $5.07 and a 200 day moving average price of $7.12. The firm has a market capitalization of $513.83 million, a price-to-earnings ratio of -8.76 and a beta of 0.71.
Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.10). The business had revenue of $302.64 million for the quarter, compared to the consensus estimate of $297.79 million. As a group, equities analysts forecast that Lucky Strike Entertainment will post -0.02 EPS for the current fiscal year.
Lucky Strike Entertainment Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th were given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend was Tuesday, September 8th. Lucky Strike Entertainment's dividend payout ratio (DPR) is -55.81%.
Institutional Investors Weigh In On Lucky Strike Entertainment
Large investors have recently made changes to their positions in the business. Rice Hall James & Associates LLC raised its stake in shares of Lucky Strike Entertainment by 52.7% in the 1st quarter. Rice Hall James & Associates LLC now owns 481,189 shares of the company's stock valued at $4,003,000 after acquiring an additional 166,104 shares during the period. Great Lakes Advisors LLC acquired a new position in shares of Lucky Strike Entertainment during the 2nd quarter valued at $1,361,000. Finally, Squarepoint Ops LLC boosted its position in Lucky Strike Entertainment by 69.8% during the 2nd quarter. Squarepoint Ops LLC now owns 22,158 shares of the company's stock worth $166,000 after purchasing an additional 9,112 shares during the period. Institutional investors and hedge funds own 68.11% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on LUCK. Truist Financial lowered their price target on Lucky Strike Entertainment from $9.00 to $8.00 and set a "buy" rating for the company in a research report on Friday, October 23rd. Stifel Nicolaus dropped 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, August 28th. Weiss Ratings restated a "sell (d)" rating on shares of Lucky Strike Entertainment in a report on Thursday, October 29th. Roth Capital set a $6.50 price objective on Lucky Strike Entertainment in a research note on Friday, August 28th. Finally, Zacks Research raised Lucky Strike Entertainment from a "strong sell" rating to a "hold" rating in a research note on Monday, October 26th. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Lucky Strike Entertainment has a consensus rating of "Hold" and an average price target of $8.06.
View Our Latest Stock Report on Lucky Strike Entertainment
Lucky Strike Entertainment Company Profile
(
Get Free Report)
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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