Lucky Strike Entertainment (NYSE:LUCK) Lowered to “Strong Sell” Rating by Zacks Research

Zacks Research cut shares of Lucky Strike Entertainment (NYSE:LUCK) from a hold rating to a strong sell rating in a research report released on Monday,Zacks reports.

Other equities research analysts have also recently issued reports about the stock. Roth Capital set a $6.50 price objective on shares of Lucky Strike Entertainment in a research report on Friday. Craig Hallum cut Lucky Strike Entertainment from a “buy” rating to a “hold” rating and set a $6.50 target price for the company. in a report on Thursday, May 7th. Citizens Jmp assumed coverage on Lucky Strike Entertainment in a research note on Monday, June 29th. They issued a “market perform” rating on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Lucky Strike Entertainment in a report on Friday, July 31st. Finally, Wall Street Zen raised Lucky Strike Entertainment from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 20th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Lucky Strike Entertainment currently has an average rating of “Hold” and an average target price of $8.39.

Lucky Strike Entertainment Stock Performance

Shares of LUCK stock opened at $6.13 on Monday. The company has a market capitalization of $837.48 million, a P/E ratio of -18.03 and a beta of 0.62. The company’s 50 day moving average price is $7.03 and its two-hundred day moving average price is $7.80. Lucky Strike Entertainment has a 52 week low of $5.52 and a 52 week high of $10.88.

Lucky Strike Entertainment (NYSE:LUCK) last announced 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 business had revenue of $303.95 million for the quarter, compared to analysts’ expectations of $311.30 million. Analysts forecast that Lucky Strike Entertainment will post -0.02 earnings per share for the current year.

Lucky Strike Entertainment Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be issued a dividend of $0.06 per share. The ex-dividend date is Tuesday, September 8th. This represents a $0.24 annualized dividend and a yield of 3.9%. Lucky Strike Entertainment’s dividend payout ratio is presently -70.59%.

Insiders Place Their Bets

In other Lucky Strike Entertainment news, Director Sandeep Mathrani bought 9,350 shares of the firm’s 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 transaction, the director owned 9,350 shares in the company, valued at approximately $59,933.50. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have acquired a total of 13,572 shares of company stock valued at $88,017 over the last ninety days. 84.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Lucky Strike Entertainment

Large investors have recently modified their holdings of the business. Great Lakes Advisors LLC acquired a new position in Lucky Strike Entertainment during the second quarter valued at approximately $1,361,000. Rice Hall James & Associates LLC grew its stake in shares of Lucky Strike Entertainment by 52.7% in the first quarter. Rice Hall James & Associates LLC now owns 481,189 shares of the company’s stock valued at $4,003,000 after buying an additional 166,104 shares in the last quarter. XTX Topco Ltd acquired a new position in Lucky Strike Entertainment during the fourth quarter worth $428,000. Engineers Gate Manager LP increased its holdings in Lucky Strike Entertainment by 285.8% during the fourth quarter. Engineers Gate Manager LP now owns 46,874 shares of the company’s stock worth $397,000 after buying an additional 34,724 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD acquired a new stake in Lucky Strike Entertainment in the fourth quarter valued at $137,000. 68.11% of the stock is currently owned by institutional investors and hedge funds.

Key Lucky Strike Entertainment News

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.

About Lucky Strike Entertainment

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.