Bowlero Corp (NYSE: BOWL) closed the day trading at $13.46 up 0.15% from the previous closing price of $13.44. In other words, the price has increased by $+0.02 from its previous closing price. On the day, 535254 shares were traded.
Ratios:
For a better understanding of BOWL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 71.94 whereas as Long-Term Debt/Eq ratio is at 70.90.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on June 02, 2023, initiated with a Buy rating and assigned the stock a target price of $18.
On April 19, 2023, Jefferies started tracking the stock assigning a Buy rating and target price of $23.
On March 28, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $26.Stifel initiated its Buy rating on March 28, 2023, with a $26 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 11 ’24 when Bass Robert J bought 178 shares for $12.85 per share. The transaction valued at 2,287 led to the insider holds 38,689 shares of the business.
Wilson Michelle D sold 42,733 shares of BOWL for $539,658 on Feb 21 ’24. The Director now owns 997,471 shares after completing the transaction at $12.63 per share. On Feb 20 ’24, another insider, Wilson Michelle D, who serves as the Director of the company, sold 87,267 shares for $12.88 each. As a result, the insider received 1,123,728 and left with 1,040,204 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BOWL now has a Market Capitalization of 2.02B and an Enterprise Value of 4.36B. As of this moment, Bowlero’s Price-to-Earnings (P/E) ratio for their current fiscal year is 70.95, and their Forward P/E ratio for the next fiscal year is 34.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.85. Its current Enterprise Value per Revenue stands at 4.01 whereas that against EBITDA is 18.07.
Stock Price History:
Over the past 52 weeks, BOWL has reached a high of $16.20, while it has fallen to a 52-week low of $8.85. The 50-Day Moving Average of the stock is 13.06, while the 200-Day Moving Average is calculated to be 11.67.
Shares Statistics:
Over the past 3-months, BOWL traded about 1.12M shares per day on average, while over the past 10 days, BOWL traded about 616.13k shares per day. A total of 107.67M shares are outstanding, with a floating share count of 83.17M. Insiders hold about 44.45% of the company’s shares, while institutions hold 68.32% stake in the company. Shares short for BOWL as of Mar 15, 2024 were 15.93M with a Short Ratio of 14.28, compared to 17.7M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.64% and a Short% of Float of 81.38%.
Dividends & Splits
BOWL’s forward annual dividend rate is 0.06, up from 0.00 a year ago. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 1.62%.
Earnings Estimates
Current recommendations for the stock of the company come from 7 analysts. On average, analysts expect EPS of $0.27 for the current quarter, with a high estimate of $0.37 and a low estimate of $0.17, while EPS last year was -$0.22. The consensus estimate for the next quarter is $0.01, with high estimates of $0.11 and low estimates of -$0.08.
Analysts are recommending an EPS of between $0.01 and -$0.16 for the fiscal current year, implying an average EPS of -$0.06. EPS for the following year is $0.42, with 7 analysts recommending between $0.81 and $0.18.
Revenue Estimates
10 analysts predict $343.2M in revenue for the current quarter. It ranges from a high estimate of $351.9M to a low estimate of $337M. As of the current estimate, Bowlero Corp’s year-ago sales were $315.73M, an estimated increase of 8.70% from the year-ago figure.
A total of 10 analysts have provided revenue estimates for BOWL’s current fiscal year. The highest revenue estimate was $1.16B, while the lowest revenue estimate was $1.15B, resulting in an average revenue estimate of $1.15B. In the same quarter a year ago, actual revenue was $1.06B, up 9.00% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $1.26B in the next fiscal year. The high estimate is $1.31B and the low estimate is $1.23B. The average revenue growth estimate for next year is up 9.20% from the average revenue estimate for this year.
