Hollywood Bowl Group (LON:BOWL) Trading 1.4% Higher – What’s Next?

Hollywood Bowl Group plc (LON:BOWL)’s stock price shot up 1.4% during mid-day trading on Monday . The company traded as high as GBX 280.50 and last traded at GBX 280. 508,893 shares changed hands during trading, a decline of 50% from the average session volume of 1,009,376 shares. The stock had previously closed at GBX 276.

Wall Street Analyst Weigh In

Several brokerages recently commented on BOWL. Shore Capital reiterated a “buy” rating on shares of Hollywood Bowl Group in a research report on Tuesday, October 14th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 420 target price on shares of Hollywood Bowl Group in a report on Tuesday, November 4th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 440 target price on shares of Hollywood Bowl Group in a research report on Wednesday, November 12th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of GBX 400.

Hollywood Bowl Group Stock Performance

The company has a debt-to-equity ratio of 143.39, a quick ratio of 1.62 and a current ratio of 0.95. The stock has a 50 day moving average of GBX 275.21 and a 200 day moving average of GBX 261.77. The stock has a market capitalization of £467.19 million, a P/E ratio of 13.90, a P/E/G ratio of 0.87 and a beta of 1.26.

Hollywood Bowl Group (LON:BOWL) last announced its quarterly earnings results on Tuesday, December 16th. The company reported GBX 21.51 earnings per share (EPS) for the quarter. Hollywood Bowl Group had a net margin of 15.73% and a return on equity of 23.23%. Equities analysts predict that Hollywood Bowl Group plc will post 22.5511696 EPS for the current year.

Hollywood Bowl Group Company Profile

Hollywood Bowl Group plc is a leading international leisure operator of ten-pin bowling and mini-golf centres, bringing families and friends together for affordable fun and safe, healthy competition.

Our unique purpose-led culture and proven investment-led strategy are enabling us to capitalise on the significant growth opportunities in the markets we operate in, and achieve strong returns on capital invested.

We are market leader in the UK and Canada, and one of the largest operators of ten-pin bowling centres in the world.