Hollywood Bowl Group (LON:BOWL) Hits New 1-Year Low - Should You Sell?

Hollywood Bowl Group plc (LON:BOWL - Get Free Report)'s share price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 267 ($3.37) and last traded at GBX 268.50 ($3.38), with a volume of 725208 shares traded. The stock had previously closed at GBX 271.50 ($3.42).

Wall Street Analyst Weigh In

Several brokerages have issued reports on BOWL. Berenberg Bank restated a "buy" rating and issued a GBX 420 ($5.29) target price on shares of Hollywood Bowl Group in a report on Thursday, November 28th. Shore Capital reissued a "buy" rating on shares of Hollywood Bowl Group in a report on Tuesday, February 18th.

Hollywood Bowl Group Stock Performance

The company has a debt-to-equity ratio of 143.39, a current ratio of 0.95 and a quick ratio of 1.62. The company has a market cap of £454.26 million, a price-to-earnings ratio of 12.88, a PEG ratio of 0.87 and a beta of 1.26. The firm has a 50 day simple moving average of GBX 281.51 and a 200-day simple moving average of GBX 305.80.

Hollywood Bowl Group (LON:BOWL - Get Free Report) last issued its quarterly earnings data on Tuesday, December 17th. The company reported GBX 18.82 ($0.24) 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, analysts predict that Hollywood Bowl Group plc will post 22.5511696 EPS for the current fiscal year.

Hollywood Bowl Group Increases Dividend

The business also recently declared a dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, January 30th were given a dividend of GBX 8.08 ($0.10) per share. The ex-dividend date was Thursday, January 30th. This is a boost from Hollywood Bowl Group's previous dividend of $3.98. This represents a dividend yield of 2.42%. Hollywood Bowl Group's dividend payout ratio (DPR) is currently 63.64%.

Insider Transactions at Hollywood Bowl Group

In other Hollywood Bowl Group news, insider Peter Boddy purchased 40,000 shares of the business's stock in a transaction on Thursday, December 19th. The shares were bought at an average cost of GBX 300 ($3.78) per share, for a total transaction of £120,000 ($151,266.86). Also, insider Stephen Burns purchased 13,210 shares of Hollywood Bowl Group stock in a transaction dated Tuesday, December 17th. The shares were acquired at an average cost of GBX 300 ($3.78) per share, for a total transaction of £39,630 ($49,955.88). In the last three months, insiders have purchased 121,010 shares of company stock worth $34,615,600. 4.36% of the stock is currently owned by insiders.

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.