Hollywood Bowl Group’s (BOWL) “Buy” Rating Reaffirmed at Shore Capital

Hollywood Bowl Group (LON:BOWL)‘s stock had its “buy” rating reaffirmed by equities researchers at Shore Capital in a research note issued to investors on Tuesday,Digital Look reports.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 420 ($5.30) target price on shares of Hollywood Bowl Group in a report on Thursday, November 28th.

Hollywood Bowl Group Stock Up 3.3 %

Shares of LON BOWL traded up GBX 9.11 ($0.11) during midday trading on Tuesday, reaching GBX 282.11 ($3.56). 2,041,975 shares of the company’s stock traded hands, compared to its average volume of 930,867. The company has a market cap of £487.25 million, a price-to-earnings ratio of 13.81, a P/E/G ratio of 0.87 and a beta of 1.26. Hollywood Bowl Group has a one year low of GBX 268 ($3.38) and a one year high of GBX 355 ($4.48). The company has a quick ratio of 1.62, a current ratio of 0.95 and a debt-to-equity ratio of 143.39. The stock’s 50 day simple moving average is GBX 290.04 and its 200-day simple moving average is GBX 308.35.

Hollywood Bowl Group (LON:BOWL) last released its quarterly 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%. On average, analysts predict that Hollywood Bowl Group will post 22.5511696 EPS for the current fiscal year.

Insider Activity at Hollywood Bowl Group

In other news, insider Julia Porter acquired 2,000 shares of Hollywood Bowl Group stock in a transaction dated Monday, January 20th. The stock was acquired at an average cost of GBX 288 ($3.63) per share, for a total transaction of £5,760 ($7,267.22). Also, insider Peter Boddy bought 40,000 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The shares were bought at an average price of GBX 300 ($3.79) per share, with a total value of £120,000 ($151,400.45). Insiders have bought a total of 83,510 shares of company stock worth $24,378,100 in the last ninety days. 4.36% of the stock is owned by insiders.

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.