Lucky Strike Entertainment (NYSE:LUCK) Director Acquires $10,500.00 in Stock

Lucky Strike Entertainment (NYSE:LUCK) Director John Alan Young bought 1,000 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The shares were bought at an average cost of $10.50 per share, for a total transaction of $10,500.00. Following the transaction, the director now owns 65,738 shares of the company’s stock, valued at $690,249. The trade was a 1.54 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

John Alan Young also recently made the following trade(s):

• On Monday, February 24th, John Alan Young bought 3,685 shares of Lucky Strike Entertainment stock. The shares were bought at an average cost of $10.13 per share, for a total transaction of $37,329.05.

Lucky Strike Entertainment Stock Performance

Shares of NYSE:LUCK opened at $10.87 on Thursday. The firm’s 50 day moving average is $10.76. Lucky Strike Entertainment has a 12-month low of $9.61 and a 12-month high of $14.92. The stock has a market capitalization of $1.55 billion, a PE ratio of -1,085.91 and a beta of 0.77.

Lucky Strike Entertainment (NYSE:LUCK) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.06 earnings per share for the quarter, hitting the consensus estimate of $0.06. Lucky Strike Entertainment had a negative return on equity of 35.76% and a net margin of 1.11%. As a group, analysts anticipate that Lucky Strike Entertainment will post 0.43 earnings per share for the current year.

Lucky Strike Entertainment Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 21st will be given a $0.055 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.22 annualized dividend and a yield of 2.02%. Lucky Strike Entertainment’s dividend payout ratio is currently -2,200.00%.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $12.00 target price (down previously from $15.00) on shares of Lucky Strike Entertainment in a research report on Friday, January 17th.

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.