Lucky Strike Entertainment (NYSE:LUCK) Director John Alan Young Acquires 1,050 Shares

Lucky Strike Entertainment (NYSE:LUCK) Director John Alan Young purchased 1,050 shares of the company’s stock in a transaction dated Wednesday, March 5th. The shares were acquired at an average price of $9.85 per share, for a total transaction of $10,342.50. Following the purchase, the director now directly owns 70,473 shares in the company, valued at approximately $694,159.05. The trade was a 1.51 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

John Alan Young also recently made the following trade(s):

• On Monday, February 24th, John Alan Young bought 3,685 shares of Lucky Strike Entertainment stock. The shares were purchased at an average price of $10.13 per share, for a total transaction of $37,329.05.
• On Friday, February 21st, John Alan Young bought 1,000 shares of Lucky Strike Entertainment stock. The shares were purchased at an average price of $10.50 per share, for a total transaction of $10,500.00.

Lucky Strike Entertainment Stock Performance

Shares of NYSE LUCK opened at $9.55 on Friday. The company has a market cap of $1.37 billion, a P/E ratio of -954.05 and a beta of 0.76. The company has a fifty day moving average of $10.70. Lucky Strike Entertainment has a 52-week low of $8.90 and a 52-week high of $14.92.

Lucky Strike Entertainment (NYSE:LUCK) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.06. Lucky Strike Entertainment had a net margin of 1.11% and a negative return on equity of 35.76%. As a group, equities analysts anticipate that Lucky Strike Entertainment will post 0.43 earnings per share for the current fiscal year.

Lucky Strike Entertainment Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 21st were issued a $0.055 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.30%. Lucky Strike Entertainment’s dividend payout ratio (DPR) is presently -2,200.00%.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated a “neutral” rating and set a $12.00 target price (down previously from $15.00) on shares of Lucky Strike Entertainment in a research note on Friday, January 17th.

Lucky Strike Entertainment Company Profile

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.