Lucky Strike Entertainment (NYSE:LUCK) Stock Rated “Hold” by Sell-Side Brokerages

Lucky Strike Entertainment (NYSE:LUCK) has been given an average recommendation of “Hold” by the thirteen research firms that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $8.17.

A number of brokerages have recently issued reports on LUCK. Truist Financial dropped their target price on shares of Lucky Strike Entertainment from $9.00 to $8.00 and set a “buy” rating on the stock in a report on Friday, October 23rd. Jefferies Financial Group set a $10.00 price target on Lucky Strike Entertainment in a report on Thursday, August 27th. Roth Capital set a $6.50 price target on Lucky Strike Entertainment in a research report on Friday, August 28th. Stifel Nicolaus dropped their price objective on Lucky Strike Entertainment from $9.00 to $8.00 and set a “buy” rating on the stock in a research note on Friday, August 28th. Finally, Zacks Research raised Lucky Strike Entertainment from a “strong sell” rating to a “hold” rating in a research report on Monday, October 26th.

Insiders Place Their Bets

In related news, Director Sandeep Mathrani acquired 9,350 shares of Lucky Strike Entertainment stock in a transaction on Friday, August 28th. The stock was purchased at an average cost of $6.41 per share, with a total value of $59,933.50. Following the completion of the transaction, the director directly owned 9,350 shares in the company, valued at $59,933.50. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Thomas F. Shannon acquired 30,000 shares of the firm’s stock in a transaction on Wednesday, September 9th. The stock was bought at an average price of $5.86 per share, for a total transaction of $175,800.00. Following the completion of the acquisition, the chief executive officer owned 3,144,000 shares of the company’s stock, valued at approximately $18,423,840. The trade was a 0.96% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders purchased 43,537 shares of company stock worth $261,064. 84.20% of the stock is owned by company insiders.

Institutional Trading of Lucky Strike Entertainment

A number of hedge funds have recently modified their holdings of LUCK. Squarepoint Ops LLC raised its position in shares of Lucky Strike Entertainment by 69.8% in the second quarter. Squarepoint Ops LLC now owns 22,158 shares of the company’s stock valued at $166,000 after buying an additional 9,112 shares in the last quarter. Rice Hall James & Associates LLC boosted its stake in shares of Lucky Strike Entertainment by 52.7% in the first quarter. Rice Hall James & Associates LLC now owns 481,189 shares of the company’s stock valued at $4,003,000 after buying an additional 166,104 shares during the period. Finally, Great Lakes Advisors LLC acquired a new stake in Lucky Strike Entertainment during the second quarter worth approximately $1,361,000. Institutional investors and hedge funds own 68.11% of the company’s stock.

Trending Headlines about Lucky Strike Entertainment

Here are the key news stories impacting Lucky Strike Entertainment this week:

• Positive Sentiment: Management reaffirmed fiscal 2027 EBITDA guidance of $340 million–$360 million and said it is targeting about $100 million in debt reduction. These goals may reassure investors about earnings expectations and balance-sheet priorities. Read article
• Neutral Sentiment: Quarterly revenue was $302.64 million, above analysts’ $297.79 million estimate. The company also guided to about $1.3 billion in fiscal 2027 revenue, in line with consensus. Read article
• Negative Sentiment: Lucky Strike reported a quarterly loss of $0.21 per share, wider than the expected $0.11 loss and the $0.12 loss a year earlier. The company also suspended its dividend, removing an income source for shareholders and highlighting its focus on debt reduction; these factors have contributed to recent share-price weakness. Read article

Lucky Strike Entertainment Trading Up 1.2%

NYSE LUCK opened at $3.79 on Friday. The firm’s fifty day moving average price is $5.12 and its two-hundred day moving average price is $7.15. Lucky Strike Entertainment has a 1 year low of $3.57 and a 1 year high of $9.59. The firm has a market capitalization of $517.37 million, a P/E ratio of -8.83 and a beta of 0.71.

Lucky Strike Entertainment (NYSE:LUCK) last announced its quarterly earnings data on Thursday, November 5th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.10). The firm had revenue of $302.64 million for the quarter, compared to the consensus estimate of $297.79 million. On average, research analysts anticipate that Lucky Strike Entertainment will post -0.02 EPS for the current fiscal year.

Lucky Strike Entertainment Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 6.3%. Lucky Strike Entertainment’s payout ratio is presently -70.59%.

Lucky Strike Entertainment Company Profile

Lucky Strike Entertainment Corp. is an operator of location-based entertainment venues centered on bowling. The company provides recreational and social experiences through bowling lanes, arcade games, food and beverage offerings, and spaces for parties, corporate events and other group gatherings.

The company operates venues under brands that include Lucky Strike, Bowlero and AMF, serving customers across the United States and Canada. Its locations range from upscale entertainment venues to traditional bowling centers, with offerings designed for families, casual visitors, league bowlers and private-event guests.

Lucky Strike Entertainment was previously known as Bowlero Corp.