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The closing price of Bowlero Corp (NYSE: BOWL) was $10.79 for the day, down -3.75% from the previous closing price of $11.21. In other words, the price has decreased by -$3.75 from its previous closing price. On the day, 1.64 million shares were traded. BOWL stock price reached its highest trading level at $11.3 during the session, while it also had its lowest trading level at $10.78.
Ratios:
Our analysis of BOWL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 49.37 whereas as Long-Term Debt/Eq ratio is at 48.67.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 14 ’24 when Wilson Michelle D sold 65,829 shares for $12.90 per share. The transaction valued at 849,438 led to the insider holds 848,471 shares of the business.
Wilson Michelle D sold 43,862 shares of BOWL for $578,685 on Jun 13 ’24. The Director now owns 914,300 shares after completing the transaction at $13.19 per share. On Jun 12 ’24, another insider, Wilson Michelle D, who serves as the Director of the company, sold 39,309 shares for $13.98 each. As a result, the insider received 549,559 and left with 958,162 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 1668953984 and an Enterprise Value of 4384008704. As of this moment, Bowlero’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.10, and their Forward P/E ratio for the next fiscal year is 23.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45. Its current Enterprise Value per Revenue stands at 3.949 whereas that against EBITDA is 15.903.
Stock Price History:
Over the past 52 weeks, BOWL has reached a high of $15.47, while it has fallen to a 52-week low of $8.85. The 50-Day Moving Average of the stock is -14.10%, while the 200-Day Moving Average is calculated to be -13.41%.
Shares Statistics:
BOWL traded an average of 538.32K shares per day over the past three months and 387710 shares per day over the past ten days. A total of 107.67M shares are outstanding, with a floating share count of 84.36M. Insiders hold about 43.34% of the company’s shares, while institutions hold 62.81% stake in the company. Shares short for BOWL as of 1723680000 were 13143378 with a Short Ratio of 24.42, compared to 1721001600 on 13705308. Therefore, it implies a Short% of Shares Outstanding of 13143378 and a Short% of Float of 70.15.
Dividends & Splits
With its trailing 12-month dividend rate of 0.055, BOWL has a forward annual dividend rate of 0.17. Against a Trailing Annual Dividend Yield of 0.0049063335
