After finishing at $12.34 in the prior trading day, Bowlero Corp (NYSE: BOWL) closed at $11.89, down -3.65%. On the day, 726027 shares were traded.
Ratios:
Our goal is to gain a better understanding of BOWL by taking a closer 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:
As of this moment, Bowlero’s Price-to-Earnings (P/E) ratio for their current fiscal year is 62.68, and their Forward P/E ratio for the next fiscal year is 30.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64.
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.
Shares Statistics:
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 68.26% stake in the company.
Earnings Estimates
Its stock is currently analyzed by ProShares Ultra Bloomberg Natur different market analysts. The consensus estimate for the next quarter is $11.89, with high estimates of $18.07 and low estimates of $5.49.
Analysts are recommending an EPS of between $Financial Services and $Healthcare for the fiscal current year, implying an average EPS of $Consumer Cyclical.
