Hollywood Bowl Group (LON:BOWL) Sets New 1-Year Low – Should You Sell?

Hollywood Bowl Group plc (LON:BOWL) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 268.50 ($3.32) and last traded at GBX 268.50 ($3.32), with a volume of 290026 shares trading hands. The stock had previously closed at GBX 275 ($3.40).

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on BOWL shares. Shore Capital restated a “buy” rating on shares of Hollywood Bowl Group in a research note on Thursday, January 30th. Berenberg Bank restated a “buy” rating and set a GBX 420 ($5.19) target price on shares of Hollywood Bowl Group in a report on Thursday, November 28th.

Hollywood Bowl Group Stock Down 2.4 %

The stock has a market capitalization of £462.03 million, a P/E ratio of 1,342.50, a P/E/G ratio of 0.87 and a beta of 1.26. The company has a current ratio of 1.24, a quick ratio of 1.62 and a debt-to-equity ratio of 135.91. The firm’s fifty day moving average is GBX 296.34 and its 200-day moving average is GBX 310.30.

Hollywood Bowl Group (LON:BOWL) last posted its earnings results 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%. As a group, equities research analysts predict that Hollywood Bowl Group plc will post 22.5511696 earnings per share for the current year.

Hollywood Bowl Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 21st. Investors of record on Thursday, January 30th will be given a GBX 8.08 ($0.10) dividend. This represents a 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 payout ratio is 6,500.00%.

Insider Buying and Selling at Hollywood Bowl Group

In other news, insider Peter Boddy bought 100,000 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were bought at an average cost of GBX 320 ($3.95) per share, for a total transaction of £320,000 ($395,452.30). Also, insider Stephen Burns purchased 13,210 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The stock was purchased at an average cost of GBX 300 ($3.71) per share, with a total value of £39,630 ($48,974.30). In the last ninety days, insiders have bought 183,510 shares of company stock worth $56,378,100. Insiders own 4.36% of the company’s stock.

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.