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

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

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 420 ($5.21) target price on shares of Hollywood Bowl Group in a report on Thursday, November 28th.

Hollywood Bowl Group Price Performance

BOWL stock opened at GBX 281 ($3.48) on Thursday. The company has a fifty day simple moving average of GBX 301.53 and a two-hundred day simple moving average of GBX 312.21. The company has a quick ratio of 1.62, a current ratio of 1.24 and a debt-to-equity ratio of 135.91. Hollywood Bowl Group has a 52 week low of GBX 270 ($3.35) and a 52 week high of GBX 355 ($4.40). The firm has a market capitalization of £483.54 million, a P/E ratio of 1,405.00, a price-to-earnings-growth ratio of 0.87 and a beta of 1.26.

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

Hollywood Bowl Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 21st. Investors of record on Thursday, January 30th will be issued a dividend of GBX 8.08 ($0.10) per share. This represents a dividend yield of 2.42%. The ex-dividend date of this dividend is Thursday, January 30th. This is a boost from Hollywood Bowl Group’s previous dividend of $3.98. Hollywood Bowl Group’s dividend payout ratio (DPR) is 6,500.00%.

Insider Buying and Selling at Hollywood Bowl Group

In other news, insider Stephen Burns bought 13,210 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was purchased at an average cost of GBX 300 ($3.72) per share, with a total value of £39,630 ($49,138.25). Also, insider Julia Porter purchased 2,000 shares of the stock in a transaction that occurred on Monday, January 20th. The shares were purchased at an average cost of GBX 288 ($3.57) per share, for a total transaction of £5,760 ($7,141.97). Over the last three months, insiders have acquired 155,210 shares of company stock valued at $48,539,000. 4.36% of the stock is owned by insiders.

About Hollywood Bowl Group

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.