Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) had its target price reduced by research analysts at Truist Financial from $14.00 to $11.00 in a research report issued to clients and investors on Monday, Marketbeat reports. The firm presently has a "buy" rating on the stock. Truist Financial's price objective suggests a potential upside of 29.72% from the stock's previous close.
Separately, JPMorgan Chase & Co. restated a "neutral" rating and issued a $12.00 target price (down previously from $15.00) on shares of Lucky Strike Entertainment in a research note on Friday, January 17th.
Check Out Our Latest Analysis on LUCK
Lucky Strike Entertainment Stock Up 1.6 %
NYSE:LUCK traded up $0.13 on Monday, hitting $8.48. The company had a trading volume of 394,479 shares, compared to its average volume of 467,133. The stock has a market cap of $1.21 billion, a PE ratio of -847.15 and a beta of 0.79. Lucky Strike Entertainment has a 52 week low of $7.70 and a 52 week high of $14.92. The company's 50 day moving average price is $9.90.
Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.06 EPS for the quarter, meeting analysts' consensus estimates of $0.06. Lucky Strike Entertainment had a net margin of 1.11% and a negative return on equity of 35.76%. As a group, equities analysts expect that Lucky Strike Entertainment will post 0.43 earnings per share for the current fiscal year.
Insider Activity at Lucky Strike Entertainment
In related news, Vice Chairman Brett I. Parker sold 1,747,434 shares of the firm's stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $11.54, for a total value of $20,165,388.36. Following the completion of the transaction, the insider now directly owns 498,092 shares of the company's stock, valued at approximately $5,747,981.68. This trade represents a 77.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John Alan Young bought 3,685 shares of the business's stock in a transaction dated Monday, February 24th. The shares were bought at an average cost of $10.13 per share, for a total transaction of $37,329.05. Following the transaction, the director now owns 69,423 shares in the company, valued at approximately $703,254.99. The trade was a 5.61 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 6,163 shares of company stock worth $62,213. Corporate insiders own 79.90% of the company's stock.
Lucky Strike Entertainment Company Profile
(
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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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