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

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

Hollywood Bowl Group Price Performance

LON BOWL opened at GBX 301 on Thursday. The business’s fifty day moving average price is GBX 253.44 and its 200-day moving average price is GBX 263.95. The stock has a market capitalization of £504.60 million, a price-to-earnings ratio of 14.95, a PEG ratio of 0.87 and a beta of 0.34. 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 1-year low of GBX 227.50 and a 1-year high of GBX 305.

Wall Street Analysts Forecast Growth

BOWL has been the topic of several research analyst reports. Shore Capital Group reissued a “buy” rating and set a GBX 325 price target on shares of Hollywood Bowl Group in a report on Wednesday. Berenberg Bank increased their price target on Hollywood Bowl Group from GBX 440 to GBX 450 and gave the company a “buy” rating in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 376 price target on shares of Hollywood Bowl Group in a report on Thursday. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 392.75.

Insider Buying and Selling at Hollywood Bowl Group

In other news, insider Melanie Dickinson purchased 2,222 shares of the stock in a transaction dated Friday, March 6th. The shares were purchased at an average cost of GBX 243 per share, with a total value of £5,399.46. Also, insider Stephen Burns bought 1,481 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The stock was bought at an average cost of GBX 243 per share, for a total transaction of £3,598.83. 3.56% of the stock is owned by corporate insiders.

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.