Hollywood Bowl Group (LON:BOWL) Reaches New 12-Month Low – Should You Sell?

Hollywood Bowl Group plc (LON:BOWL) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 256.50 ($3.26) and last traded at GBX 257 ($3.27), with a volume of 553721 shares trading hands. The stock had previously closed at GBX 263 ($3.34).

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Shore Capital reissued a “buy” rating on shares of Hollywood Bowl Group in a research report on Tuesday, February 18th. Berenberg Bank reiterated a “buy” rating and issued a GBX 420 ($5.34) price target on shares of Hollywood Bowl Group in a research note on Thursday, November 28th.

Hollywood Bowl Group Stock Down 2.3 %

The stock has a fifty day moving average price of GBX 280.95 and a two-hundred day moving average price of GBX 305.44. The firm has a market capitalization of £443.88 million, a P/E ratio of 12.58, a P/E/G ratio of 0.87 and a beta of 1.26. The company has a debt-to-equity ratio of 143.39, a quick ratio of 1.62 and a current ratio of 0.95.

Hollywood Bowl Group (LON:BOWL) last issued its earnings results on Tuesday, December 17th. The company reported GBX 18.82 ($0.24) earnings per share for the quarter. Hollywood Bowl Group had a net margin of 15.73% and a return on equity of 23.23%. Research analysts forecast that Hollywood Bowl Group plc will post 22.5511696 EPS for the current year.

Hollywood Bowl Group Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, January 30th were issued a GBX 8.08 ($0.10) dividend. The ex-dividend date was Thursday, January 30th. This represents a yield of 2.42%. This is a boost from Hollywood Bowl Group’s previous dividend of $3.98. Hollywood Bowl Group’s dividend payout ratio (DPR) is currently 63.64%.

Insider Activity

In other news, insider Peter Boddy purchased 40,000 shares of Hollywood Bowl Group stock in a transaction dated Thursday, December 19th. The stock was bought at an average price of GBX 300 ($3.81) per share, with a total value of £120,000 ($152,497.14). Also, insider Stephen Burns purchased 13,210 shares of the stock in a transaction dated Tuesday, December 17th. The shares were purchased at an average price of GBX 300 ($3.81) per share, with a total value of £39,630 ($50,362.18). Over the last ninety days, insiders purchased 121,010 shares of company stock valued at $34,615,600. 4.36% of the stock is currently owned by insiders.

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.