Roth Capital Analysts Decrease Earnings Estimates for Bowlero Corp. (NYSE:BOWL)

Bowlero Corp. (NYSE:BOWLFree Report) – Equities research analysts at Roth Capital cut their FY2025 earnings per share estimates for shares of Bowlero in a report released on Tuesday, February 6th. Roth Capital analyst E. Handler now anticipates that the company will earn $0.29 per share for the year, down from their prior estimate of $0.46. The consensus estimate for Bowlero’s current full-year earnings is $0.17 per share.

Bowlero (NYSE:BOWLGet Free Report) last posted its quarterly earnings results on Tuesday, November 7th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.06). Bowlero had a return on equity of 98.75% and a net margin of 6.33%. The firm had revenue of $227.41 million for the quarter, compared to analyst estimates of $229.51 million.

Separately, Roth Mkm increased their price objective on Bowlero from $14.00 to $17.00 and gave the stock a “buy” rating in a research note on Tuesday. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $19.00.

Read Our Latest Report on BOWL

Bowlero Stock Up 1.1 %

BOWL stock opened at $14.98 on Thursday. The stock’s 50 day simple moving average is $12.39 and its 200 day simple moving average is $11.32. Bowlero has a fifty-two week low of $8.85 and a fifty-two week high of $17.45. The company has a debt-to-equity ratio of 46.80, a quick ratio of 0.34 and a current ratio of 1.22. The company has a market cap of $2.27 billion, a P/E ratio of 83.22 and a beta of 0.41.

Institutional Trading of Bowlero

A number of institutional investors and hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. increased its position in shares of Bowlero by 47.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,800 shares of the company’s stock valued at $110,000 after acquiring an additional 2,500 shares during the last quarter. Boston Partners increased its position in shares of Bowlero by 7.4% during the fourth quarter. Boston Partners now owns 3,440,211 shares of the company’s stock valued at $47,632,000 after acquiring an additional 236,060 shares during the last quarter. Parkside Financial Bank & Trust increased its position in shares of Bowlero by 35.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 4,892 shares of the company’s stock valued at $69,000 after acquiring an additional 1,286 shares during the last quarter. Simplicity Solutions LLC increased its position in shares of Bowlero by 7.6% during the fourth quarter. Simplicity Solutions LLC now owns 26,890 shares of the company’s stock valued at $381,000 after acquiring an additional 1,890 shares during the last quarter. Finally, Schwartz Investment Counsel Inc. increased its position in shares of Bowlero by 11.2% during the fourth quarter. Schwartz Investment Counsel Inc. now owns 89,700 shares of the company’s stock valued at $1,270,000 after acquiring an additional 9,000 shares during the last quarter.

Bowlero Dividend Announcement

The firm also recently declared a Variable dividend, which will be paid on Friday, March 8th. Investors of record on Friday, February 23rd will be given a dividend of $0.055 per share. The ex-dividend date is Thursday, February 22nd.

About Bowlero

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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.

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Earnings History and Estimates for Bowlero (NYSE:BOWL)

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