Lucky Strike Entertainment (NYSE:LUCK) Releases Earnings Results

Lucky Strike Entertainment (NYSE:LUCK) announced its quarterly earnings data on Tuesday. The company reported ($0.12) EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.03, Zacks reports. Lucky Strike Entertainment had a negative return on equity of 23.31% and a negative net margin of 3.80%.The company had revenue of $292.28 million during the quarter, compared to the consensus estimate of $282.98 million. Lucky Strike Entertainment updated its FY 2026 guidance to EPS.

Lucky Strike Entertainment Stock Up 0.8%

LUCK stock traded up $0.06 during midday trading on Thursday, reaching $8.04. 236,473 shares of the company’s stock traded hands, compared to its average volume of 326,450. The company has a 50-day simple moving average of $9.57 and a two-hundred day simple moving average of $9.56. Lucky Strike Entertainment has a 1-year low of $7.66 and a 1-year high of $13.25. The company has a market cap of $1.13 billion, a price-to-earnings ratio of -21.16 and a beta of 0.72.

Lucky Strike Entertainment Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 29th were issued a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Friday, August 29th. Lucky Strike Entertainment’s dividend payout ratio (DPR) is currently -63.16%.

Wall Street Analyst Weigh In

A number of analysts have commented on LUCK shares. Canaccord Genuity Group reiterated a “buy” rating and issued a $16.00 price objective on shares of Lucky Strike Entertainment in a research report on Friday, August 29th. Zacks Research raised Lucky Strike Entertainment from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 10th. Stifel Nicolaus increased their target price on Lucky Strike Entertainment from $12.00 to $13.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Weiss Ratings reissued a “sell (d)” rating on shares of Lucky Strike Entertainment in a report on Wednesday, October 8th. Finally, Roth Capital reissued a “neutral” rating and issued a $11.00 target price on shares of Lucky Strike Entertainment in a report on Friday, August 29th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $12.20.

Insiders Place Their Bets

In other Lucky Strike Entertainment news, President Lev Ekster purchased 2,505 shares of the company’s stock in a transaction that occurred on Friday, September 5th. The stock was purchased at an average cost of $9.99 per share, with a total value of $25,024.95. Following the acquisition, the president directly owned 71,800 shares of the company’s stock, valued at approximately $717,282. This trade represents a 3.61% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Over the last ninety days, insiders acquired 5,179 shares of company stock worth $51,627. Company insiders own 84.20% of the company’s stock.

Institutional Investors Weigh In On Lucky Strike Entertainment

Several hedge funds and other institutional investors have recently made changes to their positions in LUCK. Geode Capital Management LLC acquired a new stake in shares of Lucky Strike Entertainment in the 2nd quarter valued at $2,661,000. Jane Street Group LLC acquired a new stake in shares of Lucky Strike Entertainment in the 2nd quarter valued at $1,117,000. State of Wyoming acquired a new stake in shares of Lucky Strike Entertainment in the 2nd quarter valued at $222,000. XTX Topco Ltd acquired a new stake in shares of Lucky Strike Entertainment in the 2nd quarter valued at $123,000. Finally, Invesco Ltd. acquired a new stake in shares of Lucky Strike Entertainment in the 2nd quarter valued at $114,000. 68.11% of the stock is owned by institutional investors and hedge funds.

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.