Hollywood Bowl Group (LON:BOWL) Hits New 12-Month Low - Here's Why

Hollywood Bowl Group plc (LON:BOWL - Get Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 268.50 ($3.38) and last traded at GBX 268.50 ($3.38), with a volume of 290026 shares traded. The stock had previously closed at GBX 275 ($3.46).

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Shore Capital restated a "buy" rating on shares of Hollywood Bowl Group in a research note on Thursday, January 30th. Berenberg Bank restated a "buy" rating and set a GBX 420 ($5.29) price objective on shares of Hollywood Bowl Group in a research note on Thursday, November 28th.

Hollywood Bowl Group Stock Performance

The company has a market cap of £471.52 million, a P/E ratio of 13.36, a PEG ratio of 0.87 and a beta of 1.26. The company has a 50 day moving average price of GBX 291.24 and a 200-day moving average price of GBX 308.93. The company has a quick ratio of 1.62, a current ratio of 0.95 and a debt-to-equity ratio of 143.39.

Hollywood Bowl Group (LON:BOWL - Get Free Report) last released its quarterly earnings results 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%. Equities analysts expect that Hollywood Bowl Group plc will post 22.5511696 EPS for the current fiscal year.

Hollywood Bowl Group Increases Dividend

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

Insider Activity at Hollywood Bowl Group

In other news, insider Ivan Schofield bought 28,300 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The stock was acquired at an average price of GBX 277 ($3.49) per share, with a total value of £78,391 ($98,667.09). Also, insider Peter Boddy bought 40,000 shares of Hollywood Bowl Group stock in a transaction dated Thursday, December 19th. The shares were bought at an average cost of GBX 300 ($3.78) per share, with a total value of £120,000 ($151,038.39). Insiders bought 83,510 shares of company stock valued at $24,378,100 over the last 90 days. 4.36% of the stock is currently owned by corporate insiders.

About Hollywood Bowl Group

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.