Bowlero (NYSE:BOWL) PT Lowered to $17.00 at B. Riley

Bowlero (NYSE:BOWL) had its target price cut by equities researchers at B. Riley from $19.00 to $17.00 in a report released on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the stock. B. Riley’s price target would indicate a potential upside of 50.58% from the company’s current price. B. Riley also issued estimates for Bowlero’s Q2 2025 earnings at $0.06 EPS.

BOWL has been the topic of a number of other reports. Oppenheimer lowered their price target on Bowlero from $18.00 to $15.00 and set an “outperform” rating on the stock in a report on Tuesday. JPMorgan Chase & Co. lowered their target price on shares of Bowlero from $17.00 to $16.00 and set an “overweight” rating on the stock in a research note on Friday, May 3rd. Stifel Nicolaus reduced their price target on shares of Bowlero from $19.00 to $17.00 and set a “buy” rating for the company in a research note on Tuesday. Canaccord Genuity Group lowered their price objective on shares of Bowlero from $20.00 to $18.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, CJS Securities reaffirmed a “market perform” rating on shares of Bowlero in a research report on Tuesday. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $16.57.

Bowlero Stock Up 0.2 %

Shares of NYSE:BOWL opened at $11.29 on Tuesday. Bowlero has a 12-month low of $8.85 and a 12-month high of $15.47. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 62.72 and a beta of 0.57. The stock has a fifty day simple moving average of $12.69 and a two-hundred day simple moving average of $12.15. The company has a current ratio of 1.22, a quick ratio of 1.14 and a debt-to-equity ratio of 46.80.

Bowlero (NYSE:BOWL) last posted its quarterly earnings results on Monday, February 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.13). The company had revenue of $305.67 million during the quarter, compared to analysts’ expectations of $300.46 million. Bowlero had a return on equity of 98.75% and a net margin of 6.33%. On average, research analysts anticipate that Bowlero will post 0.15 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Michelle D. Wilson sold 87,267 shares of Bowlero stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $12.88, for a total transaction of $1,123,998.96. Following the transaction, the director now directly owns 1,040,204 shares in the company, valued at $13,397,827.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 56.54% of the company’s stock.

Hedge Funds Weigh In On Bowlero

A number of hedge funds have recently modified their holdings of the company. Cadian Capital Management LP purchased a new position in shares of Bowlero during the 3rd quarter valued at $4,810,000. Vanguard Group Inc. raised its holdings in Bowlero by 4.8% during the third quarter. Vanguard Group Inc. now owns 4,229,231 shares of the company’s stock valued at $40,685,000 after acquiring an additional 193,801 shares during the period. Kennedy Capital Management LLC lifted its position in shares of Bowlero by 283.8% in the third quarter. Kennedy Capital Management LLC now owns 482,083 shares of the company’s stock valued at $4,638,000 after acquiring an additional 356,485 shares in the last quarter. Primecap Management Co. CA bought a new position in shares of Bowlero in the third quarter worth about $3,145,000. Finally, Private Management Group Inc. purchased a new stake in shares of Bowlero during the third quarter worth about $12,217,000. 68.11% of the stock is currently owned by institutional investors.

Bowlero Company Profile

Bowlero Corp. operates bowling entertainment centers under the AMF, Bowlmor Lanes, and Bowlero brand names. The company also provides hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. It operates bowling centers in the United States, Mexico, and Canada.