Shore Capital Reaffirms “Buy” Rating for Hollywood Bowl Group (LON:BOWL)

Shore Capital restated their buy rating on shares of Hollywood Bowl Group (LON:BOWL) in a research note published on Tuesday, MarketBeat Ratings reports.

Separately, Berenberg Bank reaffirmed a buy rating and set a GBX 410 ($5.10) price target on shares of Hollywood Bowl Group in a research report on Tuesday.

Hollywood Bowl Group Trading Up 1.3 %

BOWL opened at GBX 333.29 ($4.15) on Tuesday. The company has a debt-to-equity ratio of 131.27, a current ratio of 1.53 and a quick ratio of 1.62. The company’s 50 day simple moving average is GBX 322.37 and its two-hundred day simple moving average is GBX 291.65. Hollywood Bowl Group has a 1-year low of GBX 211.85 ($2.64) and a 1-year high of GBX 345.50 ($4.30). The firm has a market capitalization of £571.86 million, a price-to-earnings ratio of 1,645.00, a price-to-earnings-growth ratio of 0.87 and a beta of 1.24.

Hollywood Bowl Group Increases Dividend

The company also recently announced a dividend, which was paid on Friday, February 23rd. Shareholders of record on Thursday, February 1st were given a GBX 11.27 ($0.14) dividend. This is a positive change from Hollywood Bowl Group’s previous dividend of $3.27. The ex-dividend date was Thursday, February 1st. This represents a yield of 3.99%. Hollywood Bowl Group’s payout ratio is presently 6,000.00%.

Insider Buying and Selling at Hollywood Bowl Group

In other Hollywood Bowl Group news, insider Peter Boddy sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of GBX 290 ($3.61), for a total value of £87,000 ($108,303.25). In other Hollywood Bowl Group news, insider Peter Boddy sold 30,000 shares of the business’s stock in a transaction on Friday, January 19th. The shares were sold at an average price of GBX 290 ($3.61), for a total value of £87,000 ($108,303.25). Also, insider Ivan Schofield sold 20,000 shares of the business’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of GBX 319 ($3.97), for a total transaction of £63,800 ($79,422.38). Insiders have sold a total of 235,696 shares of company stock valued at $74,948,416 over the last quarter. 4.25% of the stock is owned by company insiders.

Hollywood Bowl Group Company Profile

Hollywood Bowl Group plc operates ten-pin bowling and mini-golf centers in the United Kingdom. The company also supplies and installs bowling equipment. It operates centers under the Hollywood Bowl, Puttstars, and Splitsville brands. The company was incorporated in 2016 and is based in Hemel Hempstead, the United Kingdom.