Noble Financial Has Pessimistic Opinion of LUCK Q1 Earnings

Lucky Strike Entertainment (NYSE:LUCK) – Equities research analysts at Noble Financial lowered their Q1 2027 earnings estimates for Lucky Strike Entertainment in a research report issued to clients and investors on Wednesday, October 7th. Noble Financial analyst M. Kupinski now expects that the company will earn ($0.06) per share for the quarter, down from their prior forecast of ($0.03). The consensus estimate for Lucky Strike Entertainment’s current full-year earnings is ($0.02) per share. Noble Financial also issued estimates for Lucky Strike Entertainment’s Q4 2027 earnings at ($0.01) EPS.

Several other research firms have also recently weighed in on LUCK. Zacks Research cut Lucky Strike Entertainment from a “hold” rating to a “strong sell” rating in a research report on Monday, August 31st. Jefferies Financial Group set a $10.00 target price on shares of Lucky Strike Entertainment in a research report on Thursday, August 27th. Citizens Jmp began coverage on shares of Lucky Strike Entertainment in a research note on Monday, June 29th. They set a “market perform” rating for the company. Citigroup started coverage on shares of Lucky Strike Entertainment in a report on Monday, June 29th. They issued a “market perform” rating for the company. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Lucky Strike Entertainment in a research report on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Lucky Strike Entertainment has an average rating of “Hold” and an average price target of $8.39.

Lucky Strike Entertainment Stock Down 2.2%

LUCK opened at $5.05 on Friday. The stock’s 50 day moving average price is $6.04 and its two-hundred day moving average price is $7.28. The firm has a market capitalization of $689.14 million, a P/E ratio of -14.87 and a beta of 0.66. Lucky Strike Entertainment has a 12-month low of $5.00 and a 12-month high of $10.17.

Lucky Strike Entertainment (NYSE:LUCK) last posted its quarterly earnings data on Thursday, August 27th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.15). The company had revenue of $303.95 million during the quarter, compared to analyst estimates of $311.30 million.

Institutional Investors Weigh In On Lucky Strike Entertainment

Institutional investors have recently bought and sold shares of the business. Squarepoint Ops LLC boosted its holdings in Lucky Strike Entertainment by 69.8% during the second quarter. Squarepoint Ops LLC now owns 22,158 shares of the company’s stock valued at $166,000 after purchasing an additional 9,112 shares in the last quarter. Great Lakes Advisors LLC acquired a new position in shares of Lucky Strike Entertainment in the 2nd quarter worth approximately $1,361,000. Rice Hall James & Associates LLC raised its holdings in shares of Lucky Strike Entertainment by 52.7% in the 1st quarter. Rice Hall James & Associates LLC now owns 481,189 shares of the company’s stock worth $4,003,000 after buying an additional 166,104 shares in the last quarter. MYDA Advisors LLC bought a new position in shares of Lucky Strike Entertainment during the 4th quarter worth approximately $424,000. Finally, Maven Securities LTD bought a new position in shares of Lucky Strike Entertainment during the 4th quarter worth approximately $1,036,000. Institutional investors and hedge funds own 68.11% of the company’s stock.

Insider Activity at Lucky Strike Entertainment

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

Lucky Strike Entertainment Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Tuesday, September 8th. Lucky Strike Entertainment’s dividend payout ratio (DPR) is presently -70.59%.

About Lucky Strike Entertainment

Lucky Strike Entertainment Corporation (NYSE: LUCK) is an operator of bowling and location-based entertainment venues. Its centers offer traditional and boutique bowling, arcade games, billiards, laser tag, and other recreational activities, along with food and beverage services.

The company operates venues under brands that include Lucky Strike, Bowlero and AMF. Its facilities serve a range of customers, including families, casual entertainment seekers, league bowlers, and corporate or private-event groups.