Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) was downgraded by equities researchers at Roth Capital from a "buy" rating to a "neutral" rating in a report released on Monday,Briefing.com Automated Import reports. They currently have a $9.00 price target on the stock. Roth Capital's price target suggests a potential upside of 2.62% from the stock's current price.
Several other analysts have also recently commented on LUCK. JPMorgan Chase & Co. decreased their price target on shares of Lucky Strike Entertainment from $12.00 to $10.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Truist Financial decreased their target price on Lucky Strike Entertainment from $14.00 to $11.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, Canaccord Genuity Group restated a "buy" rating and set a $16.00 price target (down previously from $18.00) on shares of Lucky Strike Entertainment in a report on Monday, May 5th.
Check Out Our Latest Research Report on LUCK
Lucky Strike Entertainment Stock Up 5.5%
Lucky Strike Entertainment stock opened at $8.77 on Monday. Lucky Strike Entertainment has a 12-month low of $7.66 and a 12-month high of $14.92. The business has a 50 day moving average price of $9.29. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of -876.12 and a beta of 0.80.
Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.16). The business had revenue of $339.88 million during the quarter, compared to the consensus estimate of $361.42 million. Lucky Strike Entertainment had a negative return on equity of 35.76% and a net margin of 1.11%. As a group, analysts predict that Lucky Strike Entertainment will post 0.43 EPS for the current fiscal year.
Insider Buying and Selling at Lucky Strike Entertainment
In other Lucky Strike Entertainment news, Vice Chairman Brett I. Parker sold 1,747,434 shares of the company's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $11.54, for a total value of $20,165,388.36. Following the sale, the insider now owns 498,092 shares in the company, valued at approximately $5,747,981.68. This represents a 77.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director John Alan Young purchased 3,685 shares of Lucky Strike Entertainment stock in a transaction that occurred on Monday, February 24th. The stock was acquired at an average cost of $10.13 per share, with a total value of $37,329.05. Following the acquisition, the director now directly owns 69,423 shares in the company, valued at $703,254.99. This trade represents a 5.61% increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 6,163 shares of company stock valued at $62,213. 79.90% of the stock is currently owned by insiders.
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.
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