Hollywood Bowl Group’s (BOWL) “Buy” Rating Reiterated at Shore Capital

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

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 420 ($5.34) target price on shares of Hollywood Bowl Group in a report on Thursday, November 28th.

Hollywood Bowl Group Stock Performance

BOWL stock opened at GBX 295 ($3.75) on Tuesday. The company has a quick ratio of 1.62, a current ratio of 1.24 and a debt-to-equity ratio of 135.91. The company has a market capitalization of £507.64 million, a price-to-earnings ratio of 1,475.00, a P/E/G ratio of 0.87 and a beta of 1.26. Hollywood Bowl Group has a 12 month low of GBX 275 ($3.50) and a 12 month high of GBX 355 ($4.51). The firm has a 50 day moving average of GBX 322.26 and a two-hundred day moving average of GBX 317.99.

Hollywood Bowl Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, February 21st. Stockholders of record on Thursday, January 30th will be paid a GBX 8.08 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, January 30th. This represents a dividend yield of 2.42%. This is a boost from Hollywood Bowl Group’s previous dividend of $3.98. Hollywood Bowl Group’s payout ratio is 6,500.00%.

Insider Transactions at Hollywood Bowl Group

In other Hollywood Bowl Group news, insider Melanie Dickinson sold 150,000 shares of the business’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of GBX 332 ($4.22), for a total value of £498,000 ($633,104.50). Also, insider Peter Boddy sold 275,000 shares of Hollywood Bowl Group stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of GBX 311 ($3.95), for a total transaction of £855,250 ($1,087,274.35). Company insiders own 4.36% of the company’s stock.

About Hollywood Bowl Group

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.