B. Riley Has Optimistic Outlook of Bowlero FY2025 Earnings

Bowlero Corp. (NYSE:BOWL - Free Report) - Research analysts at B. Riley lifted their FY2025 earnings estimates for shares of Bowlero in a research note issued to investors on Monday, November 4th. B. Riley analyst E. Wold now expects that the company will post earnings per share of $0.33 for the year, up from their prior forecast of ($0.03). B. Riley has a "Buy" rating and a $17.00 price target on the stock. The consensus estimate for Bowlero's current full-year earnings is $0.20 per share. B. Riley also issued estimates for Bowlero's Q4 2025 earnings at ($0.05) EPS, Q1 2026 earnings at ($0.19) EPS and Q4 2026 earnings at ($0.03) EPS.

Other research analysts also recently issued reports about the company. Canaccord Genuity Group reiterated a "buy" rating and issued a $18.00 price target on shares of Bowlero in a report on Monday, September 30th. Piper Sandler began coverage on shares of Bowlero in a report on Monday, October 28th. They issued a "neutral" rating and a $12.00 price target on the stock. JPMorgan Chase & Co. cut their price objective on shares of Bowlero from $16.00 to $15.00 and set an "overweight" rating on the stock in a research report on Tuesday. Finally, Royal Bank of Canada raised shares of Bowlero to a "moderate buy" rating in a research report on Thursday, October 3rd. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $15.88.

Bowlero Stock Down 1.4 %

BOWL stock traded down $0.17 during trading on Thursday, hitting $11.58. 344,433 shares of the company's stock traded hands, compared to its average volume of 810,685. The firm has a market capitalization of $1.71 billion, a P/E ratio of -19.21 and a beta of 0.62. Bowlero has a 1 year low of $9.70 and a 1 year high of $15.47. The business has a fifty day simple moving average of $11.48 and a two-hundred day simple moving average of $12.17.

Bowlero (NYSE:BOWL - Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of ($0.17) by $0.30. Bowlero had a negative return on equity of 34.55% and a negative net margin of 6.63%. The firm had revenue of $260.20 million for the quarter, compared to analyst estimates of $249.42 million. During the same quarter last year, the firm posted ($0.10) earnings per share.

Institutional Trading of Bowlero

Several institutional investors and hedge funds have recently bought and sold shares of BOWL. Price T Rowe Associates Inc. MD lifted its stake in Bowlero by 7.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 14,953 shares of the company's stock valued at $205,000 after acquiring an additional 978 shares during the period. Victory Capital Management Inc. lifted its stake in Bowlero by 13.1% during the 3rd quarter. Victory Capital Management Inc. now owns 33,099 shares of the company's stock valued at $389,000 after acquiring an additional 3,835 shares during the period. Summit Securities Group LLC acquired a new stake in Bowlero during the 2nd quarter valued at approximately $392,000. XTX Topco Ltd acquired a new stake in Bowlero during the 2nd quarter valued at approximately $411,000. Finally, Bessemer Group Inc. lifted its stake in Bowlero by 12.3% during the 1st quarter. Bessemer Group Inc. now owns 37,200 shares of the company's stock valued at $509,000 after acquiring an additional 4,070 shares during the period. 68.11% of the stock is currently owned by institutional investors and hedge funds.

Bowlero Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be paid a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a yield of 1.90%. The ex-dividend date of this dividend is Friday, November 22nd. Bowlero's payout ratio is -36.07%.

About Bowlero

Bowlero Corp. operates bowling entertainment centers under the AMF, Bowlmor Lanes, and Bowlero brand names. The company also provides hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. It operates bowling centers in the United States, Mexico, and Canada.