Hollywood Bowl Group (LON:BOWL) Receives “Buy” Rating from Shore Capital

Hollywood Bowl Group (LON:BOWL)‘s stock had its “buy” rating reissued by equities research analysts at Shore Capital in a research report issued on Thursday,Digital Look reports.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 420 ($5.23) target price on shares of Hollywood Bowl Group in a research note on Thursday, November 28th.

Hollywood Bowl Group Trading Down 4.7 %

LON:BOWL traded down GBX 13.50 ($0.17) during mid-day trading on Thursday, hitting GBX 274.50 ($3.42). 2,346,398 shares of the stock traded hands, compared to its average volume of 1,108,934. The company has a quick ratio of 1.62, a current ratio of 1.24 and a debt-to-equity ratio of 135.91. Hollywood Bowl Group has a 52 week low of GBX 272.29 ($3.39) and a 52 week high of GBX 355 ($4.42). The stock has a market capitalization of £472.36 million, a price-to-earnings ratio of 1,372.50, a PEG ratio of 0.87 and a beta of 1.26. The firm’s 50 day moving average is GBX 303.04 and its two-hundred day moving average is GBX 312.90.

Hollywood Bowl Group (LON:BOWL) last released its earnings results on Tuesday, December 17th. The company reported GBX 18.82 ($0.23) earnings per share for the quarter. Hollywood Bowl Group had a return on equity of 24.25% and a net margin of 15.71%. On average, equities research analysts predict that Hollywood Bowl Group will post 22.5511696 earnings per share for the current year.

Insider Activity at Hollywood Bowl Group

In other Hollywood Bowl Group news, insider Peter Boddy bought 100,000 shares of Hollywood Bowl Group stock in a transaction that occurred on Wednesday, November 13th. The shares were bought at an average cost of GBX 320 ($3.98) per share, with a total value of £320,000 ($398,406.37). Also, insider Stephen Burns purchased 13,210 shares of the stock in a transaction on Tuesday, December 17th. The stock was acquired at an average cost of GBX 300 ($3.74) per share, with a total value of £39,630 ($49,340.14). Insiders have acquired a total of 155,210 shares of company stock valued at $48,539,000 over the last ninety days. 4.36% of the stock is owned by company 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.