Hollywood Bowl Group plc (LON:BOWL) Insider Darren M. Shapland Acquires 30,000 Shares of Stock

Hollywood Bowl Group plc (LON:BOWL) insider Darren M. Shapland acquired 30,000 shares of the business’s stock in a transaction dated Tuesday, March 11th. The stock was acquired at an average cost of GBX 258 ($3.35) per share, for a total transaction of £77,400 ($100,376.09).

Hollywood Bowl Group Stock Performance

BOWL opened at GBX 257 ($3.33) on Thursday. The company has a quick ratio of 1.62, a current ratio of 0.95 and a debt-to-equity ratio of 143.39. Hollywood Bowl Group plc has a 12-month low of GBX 246.50 ($3.20) and a 12-month high of GBX 355 ($4.60). The business has a 50 day moving average of GBX 276.01 and a 200-day moving average of GBX 302.65. The stock has a market cap of £443.88 million, a price-to-earnings ratio of 12.58, a PEG ratio of 0.87 and a beta of 1.26.

Hollywood Bowl Group (LON:BOWL) last posted its quarterly earnings results on Tuesday, December 17th. The company reported GBX 18.82 ($0.24) earnings per share for the quarter. Hollywood Bowl Group had a return on equity of 23.23% and a net margin of 15.73%. On average, equities research analysts expect that Hollywood Bowl Group plc will post 22.5511696 earnings per share for the current year.

Hollywood Bowl Group Increases Dividend

The business also recently announced a dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, January 30th were paid a dividend of GBX 8.08 ($0.10) per share. This represents a dividend yield of 2.42%. The ex-dividend date was Thursday, January 30th. This is a boost from Hollywood Bowl Group’s previous dividend of $3.98. Hollywood Bowl Group’s dividend payout ratio (DPR) is currently 63.64%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on BOWL. Shore Capital reaffirmed a “buy” rating on shares of Hollywood Bowl Group in a research report on Tuesday, February 18th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 420 ($5.45) target price on shares of Hollywood Bowl Group in a report on Thursday, November 28th.

About Hollywood Bowl Group

Hollywood Bowl Group plc is a leading international leisure operator of ten-pin bowling and mini-golf centres, bringing families and friends together for affordable fun and safe, healthy competition.

Our unique purpose-led culture and proven investment-led strategy are enabling us to capitalise on the significant growth opportunities in the markets we operate in, and achieve strong returns on capital invested.

We are market leader in the UK and Canada, and one of the largest operators of ten-pin bowling centres in the world.