Lucky Strike Entertainment (NYSE:LUCK) Director Buys $10,500.00 in Stock

Lucky Strike Entertainment (NYSE:LUCK) Director John Alan Young acquired 1,000 shares of the stock in a transaction on Friday, February 21st. The stock was purchased at an average cost of $10.50 per share, with a total value of $10,500.00. Following the transaction, the director now directly owns 65,738 shares of the company’s stock, valued at $690,249. This represents a 1.54 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 purchased at an average cost of $10.13 per share, for a total transaction of $37,329.05.

Lucky Strike Entertainment Stock Down 1.3 %

LUCK stock traded down $0.14 during midday trading on Monday, hitting $10.50. 509,640 shares of the company’s stock were exchanged, compared to its average volume of 544,470. The business has a 50 day moving average of $10.76. Lucky Strike Entertainment has a 12-month low of $9.61 and a 12-month high of $14.92. The firm has a market capitalization of $1.50 billion, a PE ratio of -1,048.95 and a beta of 0.77.

Lucky Strike Entertainment (NYSE:LUCK) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.06 earnings per share 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, sell-side analysts forecast that Lucky Strike Entertainment will post 0.43 earnings per share for the current fiscal year.

Lucky Strike Entertainment Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 21st will be given a dividend of $0.055 per share. The ex-dividend date is Friday, February 21st. This represents a $0.22 annualized dividend and a dividend yield of 2.10%. Lucky Strike Entertainment’s payout ratio is -2,197.80%.

Analyst Upgrades and Downgrades

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

Lucky Strike Entertainment Company Profile

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.