Hollywood Bowl Group (LON:BOWL) Hits New 12-Month High at $346.00

Shares of Hollywood Bowl Group plc (LON:BOWL) hit a new 52-week high on Monday . The stock traded as high as GBX 346 ($4.27) and last traded at GBX 346 ($4.27), with a volume of 93620 shares trading hands. The stock had previously closed at GBX 343 ($4.24).

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 410 ($5.06) target price on shares of Hollywood Bowl Group in a research note on Tuesday, April 16th. Shore Capital reaffirmed a “buy” rating on shares of Hollywood Bowl Group in a research note on Tuesday, April 16th.

Hollywood Bowl Group Price Performance

The company has a quick ratio of 1.62, a current ratio of 1.53 and a debt-to-equity ratio of 131.27. The firm has a market cap of £590.24 million, a P/E ratio of 1,715.00, a PEG ratio of 0.87 and a beta of 1.24. The company has a 50 day moving average of GBX 327.62 and a two-hundred day moving average of GBX 296.38.

Hollywood Bowl Group Increases Dividend

The business also recently declared a dividend, which was paid on Friday, February 23rd. Investors 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 of this dividend was Thursday, February 1st. This represents a dividend yield of 3.99%. Hollywood Bowl Group’s dividend payout ratio (DPR) is 6,000.00%.

Insider Activity at Hollywood Bowl Group

In related news, insider Ivan Schofield sold 20,000 shares of the stock in a transaction on Friday, March 22nd. The stock was sold at an average price of GBX 319 ($3.94), for a total value of £63,800 ($78,804.35). In related news, insider Stephen Burns sold 165,696 shares of the stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of GBX 321 ($3.96), for a total value of £531,884.16 ($656,971.54). Also, insider Ivan Schofield sold 20,000 shares of the stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of GBX 319 ($3.94), for a total value of £63,800 ($78,804.35). Insiders sold 205,696 shares of company stock worth $66,248,416 in 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.