Lucky Strike Entertainment (NYSE:LUCK) Director John Alan Young Purchases 1,050 Shares

Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) Director John Alan Young purchased 1,050 shares of the company's stock in a transaction that occurred on Wednesday, March 5th. The shares were acquired at an average cost of $9.85 per share, with a total value of $10,342.50. Following the completion of the purchase, the director now owns 70,473 shares of the company's stock, valued at $694,159.05. The trade was a 1.51 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

John Alan Young also recently made the following trade(s):

• On Monday, February 24th, John Alan Young bought 3,685 shares of Lucky Strike Entertainment stock. The shares were acquired at an average price of $10.13 per share, with a total value of $37,329.05.
• On Friday, February 21st, John Alan Young bought 1,000 shares of Lucky Strike Entertainment stock. The shares were acquired at an average price of $10.50 per share, with a total value of $10,500.00.

Lucky Strike Entertainment Price Performance

LUCK stock remained flat at $9.55 during trading hours on Friday. 683,818 shares of the company's stock were exchanged, compared to its average volume of 527,689. The firm has a market cap of $1.37 billion, a P/E ratio of -954.05 and a beta of 0.76. The company has a fifty day moving average of $10.67. Lucky Strike Entertainment has a 12-month low of $8.90 and a 12-month high of $14.92.

Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.06 earnings per share for the quarter, meeting the consensus estimate of $0.06. Lucky Strike Entertainment had a net margin of 1.11% and a negative return on equity of 35.76%. On average, equities research analysts forecast that Lucky Strike Entertainment will post 0.43 EPS for the current year.

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Lucky Strike Entertainment Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 21st were given a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 2.30%. The ex-dividend date was Friday, February 21st. Lucky Strike Entertainment's payout ratio is presently -2,200.00%.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $12.00 price target (down previously from $15.00) on shares of Lucky Strike Entertainment in a research note on Friday, January 17th.

About Lucky Strike Entertainment

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.