Lucky Strike Entertainment (NYSE:LUCK) Stock Rating Lowered by Zacks Research

Lucky Strike Entertainment (NYSE:LUCK) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Monday, Zacks reports.

LUCK has been the topic of several other research reports. Citizens Jmp started coverage on shares of Lucky Strike Entertainment in a research report on Monday, June 29th. They issued a “market perform” rating on the stock. Craig Hallum lowered shares of Lucky Strike Entertainment from a “buy” rating to a “hold” rating and set a $6.50 price target for the company. in a research note on Thursday, May 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lucky Strike Entertainment in a report on Friday, July 31st. Stifel Nicolaus dropped their price objective on Lucky Strike Entertainment from $9.00 to $8.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Roth Capital set a $6.50 price objective on Lucky Strike Entertainment in a report on Friday. 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. According to MarketBeat.com, Lucky Strike Entertainment currently has a consensus rating of “Hold” and an average price target of $8.39.

Lucky Strike Entertainment Price Performance

Shares of Lucky Strike Entertainment stock opened at $6.13 on Monday. The firm has a market cap of $837.48 million, a PE ratio of -18.03 and a beta of 0.62. Lucky Strike Entertainment has a 1 year low of $5.52 and a 1 year high of $10.88. The stock has a fifty day moving average price of $7.03 and a 200-day moving average price of $7.80.

Lucky Strike Entertainment (NYSE:LUCK) last issued its quarterly earnings results on Thursday, August 27th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.15). The company had revenue of $303.95 million for the quarter, compared to the consensus estimate of $311.30 million. As a group, equities analysts anticipate that Lucky Strike Entertainment will post -0.02 EPS for the current fiscal year.

Insider Activity

In other news, Director Sandeep Mathrani acquired 9,350 shares of the business’s stock in a transaction dated Friday, August 28th. The stock was bought at an average cost 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. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders have bought 13,572 shares of company stock valued at $88,017 over the last quarter. Corporate insiders own 84.20% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. State of Wyoming purchased a new position in Lucky Strike Entertainment during the fourth quarter worth about $74,000. Bank of America Corp DE bought a new position in Lucky Strike Entertainment in the 2nd quarter worth about $94,000. Invesco Ltd. purchased a new stake in shares of Lucky Strike Entertainment in the 2nd quarter valued at about $114,000. Jain Global LLC purchased a new stake in shares of Lucky Strike Entertainment in the 3rd quarter valued at about $121,000. Finally, XTX Topco Ltd bought a new stake in shares of Lucky Strike Entertainment during the 2nd quarter valued at about $123,000. 68.11% of the stock is owned by institutional investors.

Trending Headlines about Lucky Strike Entertainment

Here are the key news stories impacting Lucky Strike Entertainment this week:

• Positive Sentiment: Directors made multiple open-market purchases: Sandeep Mathrani bought 9,350 shares for approximately $59,934, while John Alan Young purchased 3,200 shares for roughly $19,944 across August 28 and August 31. These transactions increased their holdings and may signal that insiders view LUCK as undervalued after its recent decline. Analyst and insider activity article
• Positive Sentiment: A recent report said Lucky Strike’s fourth-quarter net loss narrowed by 65%, helped by stronger waterpark revenue and improved profitability. If sustained, the progress could strengthen the company’s path toward earnings recovery. Lucky Strike fourth-quarter results article
• Neutral Sentiment: Noble Financial forecasts seasonal losses of $0.03 per share in fiscal Q1 2027 and $0.01 in Q2, followed by $0.23 EPS in Q3. Its longer-term estimates call for $0.17 EPS in fiscal 2027 and $0.51 in fiscal 2028, suggesting possible improvement but continued near-term volatility.
• Negative Sentiment: Noble Financial lowered its fiscal 2027 EPS estimate to $0.17 from $0.32. Although the revised forecast is slightly above the current $0.15 consensus, the substantial cut points to weaker expectations for the pace of recovery.
• Negative Sentiment: Lucky Strike recently reported a $0.20-per-share quarterly loss, substantially worse than the expected $0.05 loss, while revenue of $303.95 million missed the $311.30 million estimate. The earnings shortfall remains a significant risk to the stock’s outlook.
• Negative Sentiment: LUCK remains below its 50-day and 200-day moving averages and closer to its 52-week low than its high, reflecting weak technical momentum. The company also remains unprofitable, which may limit the impact of its approximately 3.9% dividend yield.

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. Shannon in 1997 and is headquartered in Mechanicsville, VA.