Brokers Issue Forecasts for LUCK Q2 Earnings

Lucky Strike Entertainment (NYSE:LUCK) – Equities research analysts at Noble Financial issued their Q2 2027 earnings per share estimates for Lucky Strike Entertainment in a report released on Monday, November 9th. Noble Financial analyst M. Kupinski anticipates that the company will earn ($0.06) per share for the quarter. The consensus estimate for Lucky Strike Entertainment’s current full-year earnings is ($0.07) per share. Noble Financial also issued estimates for Lucky Strike Entertainment’s Q3 2027 earnings at $0.18 EPS, Q4 2027 earnings at ($0.05) EPS and FY2027 earnings at ($0.14) EPS.

Several other research analysts have also commented on the stock. Jefferies Financial Group set a $10.00 price target on shares of Lucky Strike Entertainment in a research note on Thursday, August 27th. Roth Capital set a $6.50 price objective on shares of Lucky Strike Entertainment in a report on Friday, August 28th. Truist Financial lowered their target price on shares of Lucky Strike Entertainment from $9.00 to $8.00 and set a “buy” rating on the stock in a research report on Friday, October 23rd. Zacks Research raised shares of Lucky Strike Entertainment from a “strong sell” rating to a “hold” rating in a research report on Monday, October 26th. Finally, Stifel Nicolaus cut their target price on Lucky Strike Entertainment from $9.00 to $8.00 and set a “buy” rating on the stock in a report on Friday, August 28th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $8.06.

Lucky Strike Entertainment Stock Down 8.9%

LUCK stock opened at $3.42 on Wednesday. The company has a market capitalization of $466.79 million, a price-to-earnings ratio of -7.96 and a beta of 0.71. Lucky Strike Entertainment has a 12 month low of $3.31 and a 12 month high of $9.59. The firm has a 50 day moving average of $5.01 and a two-hundred day moving average of $7.10.

Lucky Strike Entertainment (NYSE:LUCK) last issued its quarterly earnings data on Thursday, November 5th. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.10). The company had revenue of $302.64 million for the quarter, compared to analysts’ expectations of $297.79 million.

Lucky Strike Entertainment Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date was Tuesday, September 8th. Lucky Strike Entertainment’s dividend payout ratio is -55.81%.

Insider Activity

In other Lucky Strike Entertainment news, Director Sandeep Mathrani purchased 9,350 shares of the stock in a transaction dated Friday, August 28th. The shares were bought at an average cost of $6.41 per share, with a total value of $59,933.50. Following the completion of the transaction, the director owned 9,350 shares in the company, valued at $59,933.50. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John Young acquired 7,453 shares of the company’s stock in a transaction dated Monday, November 9th. The stock was acquired at an average price of $3.74 per share, for a total transaction of $27,874.22. Following the completion of the purchase, the director directly owned 104,714 shares of the company’s stock, valued at $391,630.36. This trade represents a 7.66% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have acquired 58,533 shares of company stock valued at $318,055. 61.38% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Rice Hall James & Associates LLC lifted its holdings in shares of Lucky Strike Entertainment by 52.7% during the first quarter. Rice Hall James & Associates LLC now owns 481,189 shares of the company’s stock worth $4,003,000 after buying an additional 166,104 shares during the last quarter. Great Lakes Advisors LLC acquired a new stake in shares of Lucky Strike Entertainment in the second quarter worth $1,361,000. Finally, Squarepoint Ops LLC grew its stake in shares of Lucky Strike Entertainment by 69.8% in the second quarter. Squarepoint Ops LLC now owns 22,158 shares of the company’s stock worth $166,000 after acquiring an additional 9,112 shares during the last quarter. 68.11% of the stock is owned by institutional investors.

Lucky Strike Entertainment Company Profile

Lucky Strike Entertainment operates bowling and entertainment venues across the United States and Canada. Its locations offer bowling alongside attractions such as arcade games and laser tag, as well as food and beverage services. The company serves both individual customers and groups, hosting birthday parties, corporate events and bowling leagues. Its venues operate under brands including Lucky Strike, Bowlero and AMF. Previously known as Bowlero Corp., the company adopted the Lucky Strike Entertainment name in 2024.