LUCK Stock Earnings Estimates Increased by Noble Financial

Key Points

• Noble Financial raised Lucky Strike Entertainment’s Q2 2027 EPS forecast to $0.00 from $(0.01) and projects Q3 2027 EPS of $0.24.
• Lucky Strike recently reported a quarterly loss of $(0.20) per share, missing the $(0.05) consensus estimate, while revenue of $303.95 million also fell short of expectations.
• The stock opened at $5.18, near its 52-week low, and analysts maintain a consensus “Hold” rating with an average price target of $8.39; the company also offers a $0.24 annualized dividend yielding 4.6%.

Lucky Strike Entertainment (NYSE:LUCK - Free Report) - Research analysts at Noble Financial lifted their Q2 2027 EPS estimates for shares of Lucky Strike Entertainment in a report released on Wednesday, October 7th. Noble Financial analyst M. Kupinski now expects that the company will post earnings of $0.00 per share for the quarter, up from their prior forecast of ($0.01). The consensus estimate for Lucky Strike Entertainment's current full-year earnings is ($0.02) per share. Noble Financial also issued estimates for Lucky Strike Entertainment's Q3 2027 earnings at $0.24 EPS.

Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) last announced its earnings results on Thursday, August 27th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.15). The firm had revenue of $303.95 million for the quarter, compared to the consensus estimate of $311.30 million.

A number of other brokerages have also commented on LUCK. Jefferies Financial Group set a $10.00 price target on Lucky Strike Entertainment in a report on Thursday, August 27th. Zacks Research downgraded shares of Lucky Strike Entertainment from a "hold" rating to a "strong sell" rating in a report on Monday, August 31st. Citizens Jmp initiated coverage on shares of Lucky Strike Entertainment in a research report on Monday, June 29th. They issued a "market perform" rating on the stock. Wall Street Zen raised shares of Lucky Strike Entertainment from a "strong sell" rating to a "sell" rating in a research report on Saturday, June 20th. Finally, Weiss Ratings restated a "sell (d)" rating on shares of Lucky Strike Entertainment in a research note on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $8.39.

Lucky Strike Entertainment Stock Performance

NYSE:LUCK opened at $5.18 on Thursday. Lucky Strike Entertainment has a 52 week low of $5.10 and a 52 week high of $10.32. The firm has a 50-day moving average price of $6.08 and a two-hundred day moving average price of $7.30. The firm has a market cap of $706.87 million, a price-to-earnings ratio of -15.25 and a beta of 0.66.

Lucky Strike Entertainment Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th were given a $0.06 dividend. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $0.24 annualized dividend and a dividend yield of 4.6%. Lucky Strike Entertainment's payout ratio is -70.59%.

Insider Buying and Selling

In other Lucky Strike Entertainment news, Director Sandeep Mathrani acquired 9,350 shares of the business's stock in a transaction that occurred on Friday, August 28th. The stock was bought at an average cost of $6.41 per share, with a total value of $59,933.50. Following the acquisition, the director owned 9,350 shares in the company, valued at approximately $59,933.50. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Thomas Shannon bought 30,000 shares of the stock in a transaction on Wednesday, September 9th. The shares were acquired at an average cost of $5.86 per share, for a total transaction of $175,800.00. Following the acquisition, the chief executive officer directly owned 3,144,000 shares in the company, valued at approximately $18,423,840. This trade represents a 0.96% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 43,537 shares of company stock worth $261,064 over the last 90 days. 84.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Lucky Strike Entertainment

Hedge funds have recently bought and sold shares of the company. Rice Hall James & Associates LLC lifted its stake in 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 worth $4,003,000 after purchasing an additional 166,104 shares in the last quarter. Great Lakes Advisors LLC bought a new position in shares of Lucky Strike Entertainment in the second quarter worth $1,361,000. Maven Securities LTD bought a new position in shares of Lucky Strike Entertainment in the fourth quarter worth $1,036,000. Squarepoint Ops LLC raised its position in shares of Lucky Strike Entertainment by 69.8% in the second quarter. Squarepoint Ops LLC now owns 22,158 shares of the company's stock worth $166,000 after buying an additional 9,112 shares in the last quarter. Finally, MYDA Advisors LLC bought a new stake in Lucky Strike Entertainment during the fourth quarter valued at $424,000. Hedge funds and other institutional investors own 68.11% of the company's stock.

About Lucky Strike Entertainment

Lucky Strike Entertainment Corporation NYSE: LUCK is an operator of bowling and location-based entertainment venues. Its centers offer traditional and boutique bowling, arcade games, billiards, laser tag, and other recreational activities, along with food and beverage services.

The company operates venues under brands that include Lucky Strike, Bowlero and AMF. Its facilities serve a range of customers, including families, casual entertainment seekers, league bowlers, and corporate or private-event groups.

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