Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) gapped up before the market opened on Tuesday after an insider bought additional shares in the company. The stock had previously closed at $10.51, but opened at $11.00. Lucky Strike Entertainment shares last traded at $10.30, with a volume of 30,304 shares changing hands.
Specifically, Director John Alan Young acquired 3,685 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The shares were purchased at an average price of $10.13 per share, with a total value of $37,329.05. Following the completion of the acquisition, the director now owns 69,423 shares in the company, valued at approximately $703,254.99. This represents a 5.61 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. reissued a "neutral" rating and set a $12.00 price objective (down previously from $15.00) on shares of Lucky Strike Entertainment in a report on Friday, January 17th.
Read Our Latest Stock Report on Lucky Strike Entertainment
Lucky Strike Entertainment Stock Performance
The company has a market capitalization of $1.53 billion, a PE ratio of -1,066.93 and a beta of 0.77. The business has a fifty day moving average price of $10.75.
Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting 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%. On average, equities analysts expect that Lucky Strike Entertainment will post 0.43 EPS for the current fiscal year.
Lucky Strike Entertainment Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 21st will be given a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date is Friday, February 21st. Lucky Strike Entertainment's payout ratio is currently -2,200.00%.
About Lucky Strike Entertainment
(
Get Free Report)
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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