Equities Analysts Offer Predictions for LUCK Q1 Earnings

Lucky Strike Entertainment (NYSE:LUCK) – Stock analysts at Noble Financial lowered their Q1 2027 earnings estimates for shares of Lucky Strike Entertainment in a report issued on Wednesday, October 7th. Noble Financial analyst M. Kupinski now anticipates that the company will post earnings per share of ($0.06) for the quarter, down from their prior forecast of ($0.03). The consensus estimate for Lucky Strike Entertainment’s current full-year earnings is ($0.02) per share. Noble Financial also issued estimates for Lucky Strike Entertainment’s Q4 2027 earnings at ($0.01) EPS.

A number of other research analysts have also recently issued reports on the stock. Truist Financial set a $10.00 target price on shares of Lucky Strike Entertainment in a research note on Thursday, August 27th. Stifel Nicolaus decreased their price target on Lucky Strike Entertainment from $9.00 to $8.00 and set a “buy” rating on the stock in a research report on Friday, August 28th. Jefferies Financial Group set a $10.00 price target on Lucky Strike Entertainment in a report on Thursday, August 27th. Zacks Research downgraded Lucky Strike Entertainment from a “hold” rating to a “strong sell” rating in a research report on Monday, August 31st. Finally, Citigroup began coverage on Lucky Strike Entertainment in a research note on Monday, June 29th. They issued a “market perform” rating on the stock. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $8.39.

Lucky Strike Entertainment Trading Down 2.2%

Shares of Lucky Strike Entertainment stock opened at $5.05 on Friday. The stock has a market capitalization of $689.14 million, a price-to-earnings ratio of -14.87 and a beta of 0.66. The firm’s 50-day moving average price is $6.04 and its two-hundred day moving average price is $7.28. Lucky Strike Entertainment has a 1-year low of $5.00 and a 1-year high of $10.17.

Lucky Strike Entertainment (NYSE:LUCK) last announced its quarterly earnings results on Thursday, August 27th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.15). The company had revenue of $303.95 million for the quarter, compared to analysts’ expectations of $311.30 million.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Squarepoint Ops LLC increased its stake in shares of Lucky Strike Entertainment by 69.8% in the 2nd quarter. Squarepoint Ops LLC now owns 22,158 shares of the company’s stock valued at $166,000 after buying an additional 9,112 shares during the period. MYDA Advisors LLC acquired a new position in shares of Lucky Strike Entertainment during the fourth quarter valued at $424,000. Maven Securities LTD acquired a new position in shares of Lucky Strike Entertainment during the fourth quarter valued at $1,036,000. Great Lakes Advisors LLC bought a new position in Lucky Strike Entertainment in the second quarter valued at about $1,361,000. Finally, Rice Hall James & Associates LLC increased its position in Lucky Strike Entertainment by 38.5% in the fourth quarter. Rice Hall James & Associates LLC now owns 315,085 shares of the company’s stock worth $2,669,000 after purchasing an additional 87,656 shares during the period. 68.11% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Sandeep Mathrani purchased 9,350 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was acquired at an average price of $6.41 per share, with a total value of $59,933.50. Following the completion of the acquisition, the director directly owned 9,350 shares in the company, valued at approximately $59,933.50. This trade represents a ? increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Thomas F. Shannon acquired 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The stock was bought at an average price of $5.86 per share, with a total value of $175,800.00. Following the transaction, the chief executive officer directly owned 3,144,000 shares in the company, valued at $18,423,840. The trade was a 0.96% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought 43,537 shares of company stock worth $261,064 over the last quarter. 84.20% of the stock is owned by company insiders.

Lucky Strike Entertainment Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th were paid a $0.06 dividend. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 4.7%. Lucky Strike Entertainment’s payout ratio is currently -70.59%.

About Lucky Strike Entertainment

Lucky Strike Entertainment Corporation (NYSE: LUCK) is an operator of bowling and location-based entertainment venues. Its centers offer traditional and boutique bowling, arcade games, billiards, laser tag, and other recreational activities, along with food and beverage services.

The company operates venues under brands that include Lucky Strike, Bowlero and AMF. Its facilities serve a range of customers, including families, casual entertainment seekers, league bowlers, and corporate or private-event groups.