Hollywood Bowl Group’s (BOWL) Buy Rating Reaffirmed at Shore Capital

Shore Capital reissued their buy rating on shares of Hollywood Bowl Group (LON:BOWL) in a research report released on Thursday, MarketBeat Ratings reports.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 420 ($5.22) target price on shares of Hollywood Bowl Group in a research note on Thursday, November 28th.

Hollywood Bowl Group Trading Up 0.9 %

Hollywood Bowl Group stock opened at GBX 277 ($3.44) on Thursday. The company has a market cap of £476.66 million, a price-to-earnings ratio of 1,385.00, a P/E/G ratio of 0.87 and a beta of 1.26. The firm has a 50-day moving average of GBX 302.20 and a 200-day moving average of GBX 312.64. The company has a debt-to-equity ratio of 135.91, a current ratio of 1.24 and a quick ratio of 1.62. Hollywood Bowl Group has a one year low of GBX 270 ($3.35) and a one year high of GBX 355 ($4.41).

Hollywood Bowl Group (LON:BOWL) last posted its quarterly earnings results on Tuesday, December 17th. The company reported GBX 18.82 ($0.23) earnings per share for the quarter. Hollywood Bowl Group had a return on equity of 24.25% and a net margin of 15.71%. On average, equities analysts expect that Hollywood Bowl Group will post 22.5511696 earnings per share for the current fiscal year.

Hollywood Bowl Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 21st. Stockholders of record on Thursday, January 30th will be given a GBX 8.08 ($0.10) dividend. The ex-dividend date is Thursday, January 30th. This is a positive change from Hollywood Bowl Group’s previous dividend of $3.98. This represents a dividend yield of 2.42%. Hollywood Bowl Group’s dividend payout ratio is presently 6,500.00%.

Insider Transactions at Hollywood Bowl Group

In other Hollywood Bowl Group news, insider Stephen Burns purchased 13,210 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The shares were acquired at an average cost of GBX 300 ($3.73) per share, for a total transaction of £39,630 ($49,217.59). Also, insider Julia Porter purchased 2,000 shares of the stock in a transaction that occurred on Monday, January 20th. The shares were acquired at an average cost of GBX 288 ($3.58) per share, for a total transaction of £5,760 ($7,153.50). In the last 90 days, insiders purchased 155,210 shares of company stock worth $48,539,000. 4.36% of the stock is owned by insiders.

Hollywood Bowl Group Company Profile

Hollywood Bowl Group plc is a leading international leisure operator of ten-pin bowling and mini-golf centres, bringing families and friends together for affordable fun and safe, healthy competition.

Our unique purpose-led culture and proven investment-led strategy are enabling us to capitalise on the significant growth opportunities in the markets we operate in, and achieve strong returns on capital invested.

We are market leader in the UK and Canada, and one of the largest operators of ten-pin bowling centres in the world.