Hollywood Bowl Group (LON:BOWL) Issues Quarterly Earnings Results

Hollywood Bowl Group (LON:BOWL) announced its earnings results on Wednesday. The company reported GBX 14.51 earnings per share for the quarter, Digital Look Earnings reports. Hollywood Bowl Group had a net margin of 13.81% and a return on equity of 22.81%. The firm had revenue of £141.54 million for the quarter.

Hollywood Bowl Group Stock Performance

LON:BOWL opened at GBX 298 on Wednesday. The firm has a market capitalization of £499.57 million, a PE ratio of 14.80, a price-to-earnings-growth ratio of 0.87 and a beta of 0.34. The business’s fifty day moving average price is GBX 252.41 and its 200 day moving average price is GBX 263.74. The company has a debt-to-equity ratio of 155.86, a current ratio of 0.61 and a quick ratio of 1.62. Hollywood Bowl Group has a 12 month low of GBX 227.50 and a 12 month high of GBX 309.

Insider Buying and Selling

In other Hollywood Bowl Group news, insider Stephen Burns purchased 1,481 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was purchased at an average cost of GBX 243 per share, with a total value of £3,598.83. Also, insider Melanie Dickinson purchased 2,222 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was acquired at an average cost of GBX 243 per share, with a total value of £5,399.46. Corporate insiders own 3.56% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on BOWL shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 376 target price on shares of Hollywood Bowl Group in a research note on Thursday, April 16th. Shore Capital Group restated a “buy” rating and set a GBX 325 price target on shares of Hollywood Bowl Group in a report on Wednesday. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Hollywood Bowl Group currently has an average rating of “Buy” and a consensus price target of GBX 390.25.

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.