Hollywood Bowl Group (LON:BOWL) Issues Quarterly Earnings Results

Hollywood Bowl Group (LON:BOWL) released its quarterly earnings data on Wednesday. The company reported GBX 14.51 EPS for the quarter, Digital Look Earnings reports. The business had revenue of £141.54 million for the quarter. Hollywood Bowl Group had a net margin of 13.81% and a return on equity of 22.81%.

Hollywood Bowl Group Trading Up 15.4%

Shares of Hollywood Bowl Group stock opened at GBX 300 on Wednesday. The company’s 50-day moving average price is GBX 252.41 and its 200-day moving average price is GBX 263.74. The company has a market cap of £502.92 million, a price-to-earnings ratio of 14.90, a PEG ratio of 0.87 and a beta of 0.34. The company has a current ratio of 0.61, a quick ratio of 1.62 and a debt-to-equity ratio of 155.86. Hollywood Bowl Group has a 12-month low of GBX 227.50 and a 12-month high of GBX 309.

Insider Buying and Selling

In related news, insider Stephen Burns bought 1,481 shares of the stock in a transaction that occurred on Friday, March 6th. The shares were acquired at an average cost of GBX 243 per share, with a total value of £3,598.83. Also, insider Melanie Dickinson bought 2,222 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was bought at an average cost of GBX 243 per share, for a total transaction of £5,399.46. Company insiders own 3.56% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on BOWL. Shore Capital Group reaffirmed a “buy” rating and set a GBX 325 price objective on shares of Hollywood Bowl Group in a report on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 376 price objective on shares of Hollywood Bowl Group in a report on Thursday, April 16th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 390.25.

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.