Bowlero Corp. Expected to Earn FY2027 Earnings of $0.58 Per Share (NYSE:BOWL)

Bowlero Corp. (NYSE:BOWL) – Equities research analysts at Roth Capital issued their FY2027 earnings per share (EPS) estimates for shares of Bowlero in a report released on Friday, September 6th. Roth Capital analyst E. Handler expects that the company will post earnings of $0.58 per share for the year. The consensus estimate for Bowlero’s current full-year earnings is $0.33 per share.

Separately, B. Riley reissued a “buy” rating and issued a $17.00 target price on shares of Bowlero in a report on Tuesday, September 3rd. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $16.57.

Bowlero Price Performance

NYSE BOWL opened at $11.01 on Monday. The business has a 50 day moving average price of $12.29 and a 200 day moving average price of $12.58. The company has a market capitalization of $1.64 billion, a P/E ratio of 20.77 and a beta of 0.60. Bowlero has a 1-year low of $8.85 and a 1-year high of $15.47.

Bowlero Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Friday, August 23rd were issued a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date was Friday, August 23rd. Bowlero’s dividend payout ratio (DPR) is presently 41.51%.

Insiders Place Their Bets

In other news, Director Michelle D. Wilson sold 65,829 shares of the company’s stock in a transaction on Friday, June 14th. The stock was sold at an average price of $12.90, for a total value of $849,194.10. Following the sale, the director now directly owns 848,471 shares in the company, valued at $10,945,275.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director Michelle D. Wilson sold 65,829 shares of Bowlero stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $12.90, for a total transaction of $849,194.10. Following the completion of the sale, the director now directly owns 848,471 shares in the company, valued at $10,945,275.90. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Michelle D. Wilson sold 39,309 shares of the business’s stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $13.98, for a total transaction of $549,539.82. Following the completion of the transaction, the director now directly owns 958,162 shares of the company’s stock, valued at approximately $13,395,104.76. The disclosure for this sale can be found here. 56.54% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BOWL. Boston Partners increased its stake in Bowlero by 6.0% in the first quarter. Boston Partners now owns 3,646,113 shares of the company’s stock valued at $49,004,000 after purchasing an additional 205,902 shares during the last quarter. Champlain Investment Partners LLC grew its holdings in Bowlero by 10.8% in the 1st quarter. Champlain Investment Partners LLC now owns 2,817,305 shares of the company’s stock valued at $38,597,000 after buying an additional 275,525 shares during the period. Private Management Group Inc. increased its stake in shares of Bowlero by 2.5% during the 2nd quarter. Private Management Group Inc. now owns 1,290,388 shares of the company’s stock valued at $18,698,000 after acquiring an additional 32,076 shares during the last quarter. Marshall Wace LLP lifted its holdings in shares of Bowlero by 101.5% during the 2nd quarter. Marshall Wace LLP now owns 363,784 shares of the company’s stock worth $5,271,000 after acquiring an additional 183,252 shares during the period. Finally, Lisanti Capital Growth LLC acquired a new stake in shares of Bowlero in the second quarter worth approximately $2,648,000. Hedge funds and other institutional investors own 68.11% of the company’s stock.

About Bowlero

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.