John Alan Young Acquires 3,685 Shares of Lucky Strike Entertainment (NYSE:LUCK) Stock

Lucky Strike Entertainment (NYSE:LUCK) Director John Alan Young bought 3,685 shares of the firm’s stock in a transaction on Monday, February 24th. The stock was acquired at an average cost of $10.13 per share, for a total transaction of $37,329.05. Following the completion of the purchase, the director now directly owns 69,423 shares in the company, valued at approximately $703,254.99. This represents a 5.61 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

John Alan Young also recently made the following trade(s):

• On Friday, February 21st, John Alan Young bought 1,000 shares of Lucky Strike Entertainment stock. The stock was acquired at an average cost of $10.50 per share, for a total transaction of $10,500.00.

Lucky Strike Entertainment Price Performance

LUCK opened at $10.86 on Wednesday. The stock has a market cap of $1.55 billion, a price-to-earnings ratio of -1,084.92 and a beta of 0.77. The business has a 50 day simple moving average of $10.76. Lucky Strike Entertainment has a 1-year low of $9.61 and a 1-year high of $14.92.

Lucky Strike Entertainment (NYSE:LUCK) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. Lucky Strike Entertainment had a net margin of 1.11% and a negative return on equity of 35.76%. On average, sell-side analysts forecast that Lucky Strike Entertainment will post 0.43 EPS for the current year.

Lucky Strike Entertainment Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 21st will be given a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 2.03%. The ex-dividend date of this dividend is Friday, February 21st. Lucky Strike Entertainment’s payout ratio is presently -2,200.00%.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $12.00 target price (down from $15.00) on shares of Lucky Strike Entertainment in a research note on Friday, January 17th.

Lucky Strike Entertainment Company Profile

Lucky Strike Entertainment Corp. engages in operating bowling centers. It offers entertainment concepts with lounge seating, arcades, food and beverage offerings, and hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. The company was founded by Thomas F.