Lucky Strike Entertainment (NYSE:LUCK) Lowered to Strong Sell Rating by Zacks Research

Lucky Strike Entertainment (NYSE:LUCK) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Monday, Zacks reports.

A number of other research analysts also recently weighed in on the company. Weiss Ratings reissued a “sell (d)” rating on shares of Lucky Strike Entertainment in a report on Friday, July 31st. Craig Hallum downgraded Lucky Strike Entertainment from a “buy” rating to a “hold” rating and set a $6.50 price target for the company. in a research note on Thursday, May 7th. Stifel Nicolaus reduced their price target on shares of Lucky Strike Entertainment from $9.00 to $8.00 and set a “buy” rating for the company in a research report on Friday. Jefferies Financial Group set a $10.00 price target on shares of Lucky Strike Entertainment in a research report on Thursday, August 27th. Finally, Roth Capital set a $6.50 price objective on shares of Lucky Strike Entertainment in a research note on Friday. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Lucky Strike Entertainment has a consensus rating of “Hold” and an average target price of $8.39.

Lucky Strike Entertainment Trading Down 2.7%

NYSE:LUCK opened at $6.13 on Monday. The company has a market cap of $837.48 million, a PE ratio of -18.03 and a beta of 0.62. The company has a 50 day simple moving average of $7.03 and a two-hundred day simple moving average of $7.80. Lucky Strike Entertainment has a 12 month low of $5.52 and a 12 month high of $10.88.

Lucky Strike Entertainment (NYSE:LUCK) last released its quarterly earnings results on Thursday, August 27th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.15). The firm had revenue of $303.95 million during the quarter, compared to analysts’ expectations of $311.30 million. Research analysts forecast that Lucky Strike Entertainment will post -0.02 earnings per share for the current year.

Insider Buying and Selling at Lucky Strike Entertainment

In related news, Director Sandeep Mathrani acquired 9,350 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was bought at an average cost of $6.41 per share, for a total transaction of $59,933.50. Following the purchase, the director owned 9,350 shares in the company, valued at $59,933.50. The trade was a ? increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Over the last 90 days, insiders bought 13,572 shares of company stock worth $88,017. 84.20% of the stock is owned by insiders.

Institutional Trading of Lucky Strike Entertainment

Hedge funds and other institutional investors have recently modified their holdings of the company. Rice Hall James & Associates LLC lifted its stake in shares of Lucky Strike Entertainment by 52.7% during the 1st quarter. Rice Hall James & Associates LLC now owns 481,189 shares of the company’s stock valued at $4,003,000 after buying an additional 166,104 shares in the last quarter. Great Lakes Advisors LLC bought a new stake in Lucky Strike Entertainment during the second quarter valued at about $1,361,000. Maven Securities LTD purchased a new position in shares of Lucky Strike Entertainment in the fourth quarter valued at about $1,036,000. Squarepoint Ops LLC boosted its stake in shares of Lucky Strike Entertainment by 110.4% in the fourth quarter. Squarepoint Ops LLC now owns 40,130 shares of the company’s stock worth $340,000 after acquiring an additional 21,059 shares during the period. Finally, Price T Rowe Associates Inc. MD purchased a new stake in shares of Lucky Strike Entertainment during the fourth quarter worth about $137,000. 68.11% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Lucky Strike Entertainment

Here are the key news stories impacting Lucky Strike Entertainment this week:

• Positive Sentiment: Directors made multiple open-market purchases: Sandeep Mathrani bought 9,350 shares for approximately $59,934, while John Alan Young purchased 3,200 shares for roughly $19,944 across August 28 and August 31. These transactions increased their holdings and may signal that insiders view LUCK as undervalued after its recent decline. Analyst and insider activity article
• Positive Sentiment: A recent report said Lucky Strike’s fourth-quarter net loss narrowed by 65%, helped by stronger waterpark revenue and improved profitability. If sustained, the progress could strengthen the company’s path toward earnings recovery. Lucky Strike fourth-quarter results article
• Neutral Sentiment: Noble Financial forecasts seasonal losses of $0.03 per share in fiscal Q1 2027 and $0.01 in Q2, followed by $0.23 EPS in Q3. Its longer-term estimates call for $0.17 EPS in fiscal 2027 and $0.51 in fiscal 2028, suggesting possible improvement but continued near-term volatility.
• Negative Sentiment: Noble Financial lowered its fiscal 2027 EPS estimate to $0.17 from $0.32. Although the revised forecast is slightly above the current $0.15 consensus, the substantial cut points to weaker expectations for the pace of recovery.
• Negative Sentiment: Lucky Strike recently reported a $0.20-per-share quarterly loss, substantially worse than the expected $0.05 loss, while revenue of $303.95 million missed the $311.30 million estimate. The earnings shortfall remains a significant risk to the stock’s outlook.
• Negative Sentiment: LUCK remains below its 50-day and 200-day moving averages and closer to its 52-week low than its high, reflecting weak technical momentum. The company also remains unprofitable, which may limit the impact of its approximately 3.9% dividend yield.

About Lucky Strike Entertainment

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. Shannon in 1997 and is headquartered in Mechanicsville, VA.