Hollywood Bowl Group (LON:BOWL) Shares Down 10.3% - What's Next?

Hollywood Bowl Group plc (LON:BOWL - Get Free Report) shares dropped 10.3% during trading on Thursday . The stock traded as low as GBX 263 ($3.54) and last traded at GBX 265.50 ($3.57). Approximately 4,765,469 shares traded hands during mid-day trading, an increase of 336% from the average daily volume of 1,093,784 shares. The stock had previously closed at GBX 296 ($3.98).

Analyst Upgrades and Downgrades

BOWL has been the subject of several research reports. Berenberg Bank reiterated a "buy" rating and issued a GBX 440 ($5.92) target price on shares of Hollywood Bowl Group in a research report on Wednesday, April 23rd. Shore Capital reiterated a "buy" rating on shares of Hollywood Bowl Group in a research report on Thursday.

Hollywood Bowl Group Stock Down 0.4%

The firm has a market cap of £455.98 million, a price-to-earnings ratio of 12.92, a price-to-earnings-growth ratio of 0.87 and a beta of 1.26. The company has a current ratio of 0.95, a quick ratio of 1.62 and a debt-to-equity ratio of 143.39. The stock has a 50-day moving average of GBX 281.09 and a 200-day moving average of GBX 286.24.

Hollywood Bowl Group (LON:BOWL - Get Free Report) last released its quarterly earnings data on Thursday, May 29th. The company reported GBX 12.01 ($0.16) earnings per share (EPS) for the quarter. Hollywood Bowl Group had a return on equity of 23.23% and a net margin of 15.73%. As a group, sell-side analysts forecast that Hollywood Bowl Group plc will post 22.5511696 EPS for the current fiscal year.

Insider Activity at Hollywood Bowl Group

In other Hollywood Bowl Group news, insider Darren M. Shapland bought 30,000 shares of the business's stock in a transaction on Tuesday, March 11th. The shares were purchased at an average price of GBX 258 ($3.47) per share, with a total value of £77,400 ($104,172.27). Insiders own 4.36% of the company's stock.

Hollywood Bowl Group Company Profile

Hollywood Bowl Group plc is a leading international leisure operator of ten-pin bowling and mini-golf centres, bringing families and friends together for affordable fun and safe, healthy competition. Our unique purpose-led culture and proven investment-led strategy are enabling us to capitalise on the significant growth opportunities in the markets we operate in, and achieve strong returns on capital invested. We are market leader in the UK and Canada, and one of the largest operators of ten-pin bowling centres in the world.