In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Bowlero Corp (NYSE: BOWL) closed the day trading at $11.31 down -3.25% from the previous closing price of $11.69. In other words, the price has decreased by -$3.25 from its previous closing price. On the day, 0.99 million shares were traded. BOWL stock price reached its highest trading level at $11.7699 during the session, while it also had its lowest trading level at $11.3.
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 1693355904 and an Enterprise Value of 4536430592. As of this moment, Bowlero’s Price-to-Earnings (P/E) ratio for their current fiscal year is 59.62, and their Forward P/E ratio for the next fiscal year is 29.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.56. Its current Enterprise Value per Revenue stands at 4.169 whereas that against EBITDA is 15.826.
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 -13.22%, while the 200-Day Moving Average is calculated to be -3.39%.
Shares Statistics:
Over the past 3-months, BOWL traded about 998.68K shares per day on average, while over the past 10 days, BOWL traded about 593310 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 68.26% stake in the company. Shares short for BOWL as of 1711584000 were 15004357 with a Short Ratio of 15.02, compared to 1709164800 on 16510778. Therefore, it implies a Short% of Shares Outstanding of 15004357 and a Short% of Float of 76.64.
