In the latest session, Bowlero Corp (NYSE: BOWL) closed at $13.40 up 2.29% from its previous closing price of $13.10. In other words, the price has increased by $+0.30 from its previous closing price. On the day, 498512 shares were traded. BOWL stock price reached its highest trading level at $13.81 during the session, while it also had its lowest trading level at $13.05.
Ratios:
For a deeper understanding of Bowlero Corp’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2.01B 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 70.64, and their Forward P/E ratio for the next fiscal year is 34.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84. Its current Enterprise Value per Revenue stands at 4.00 whereas that against EBITDA is 18.04.
Stock Price History:
Over the past 52 weeks, BOWL has reached a high of $16.99, while it has fallen to a 52-week low of $8.85. The 50-Day Moving Average of the stock is 12.73, while the 200-Day Moving Average is calculated to be 11.59.
Shares Statistics:
For the past three months, BOWL has traded an average of 1.25M shares per day and 692.38k over the past ten days. 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 68.24% stake in the company. Shares short for BOWL as of Feb 29, 2024 were 16.51M with a Short Ratio of 13.19, compared to 17.5M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.03% and a Short% of Float of 84.33%.
Dividends & Splits
According to the company, the forward annual dividend rate for BOWL is 0.06, from 0.00 in the trailing year. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 1.64%.
Earnings Estimates
There are 7 different market analysts currently analyzing its stock. 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
A total of 10 analysts believe the company’s revenue will be $342.31M this quarter.It ranges from a high estimate of $347M to a low estimate of $337M. As of the current estimate, Bowlero Corp’s year-ago sales were $315.73M, an estimated increase of 8.40% 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.
