Hollywood Bowl Group (LON:BOWL) Issues Earnings Results

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

Hollywood Bowl Group Trading Up 14.6%

Shares of BOWL stock opened at GBX 298 on Wednesday. Hollywood Bowl Group has a twelve month low of GBX 227.50 and a twelve month high of GBX 309. The company has a market capitalization of £499.57 million, a P/E ratio of 14.80, a price-to-earnings-growth 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. The business’s 50 day moving average is GBX 252.41 and its two-hundred day moving average is GBX 263.74.

Insider Buying and Selling at Hollywood Bowl Group

In other news, insider Stephen Burns bought 1,481 shares of Hollywood Bowl Group stock in a transaction dated Friday, March 6th. The stock was bought at an average price of GBX 243 per share, for a total transaction of £3,598.83. Also, insider Melanie Dickinson bought 2,222 shares of Hollywood Bowl Group stock in a transaction dated Friday, March 6th. The stock was purchased at an average price of GBX 243 per share, with a total value of £5,399.46. 3.56% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

BOWL has been the subject of a number of research reports. Shore Capital Group reiterated a “buy” rating and issued a GBX 325 price objective on shares of Hollywood Bowl Group in a research note on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 376 price objective on shares of Hollywood Bowl Group in a research note on Thursday, April 16th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 390.25.

About Hollywood Bowl Group

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.