The stock price of Bowlero Corp (NYSE: BOWL) has plunged by -16.20 when compared to previous closing price of 12.49, but the company has seen a -11.45% decline in its stock price over the last five trading sessions. Market Watch reported 2024-05-06 that Bowlero Corp.’s stock BOWL, +2.71% tumbled 11% in premarket trade Monday, after the operator of bowling alleys and other entertainment offerings posted weaker-than-expected earnings for its fiscal third quarter. The Richmond, Va.
Is It Worth Investing in Bowlero Corp (NYSE: BOWL) Right Now?
Bowlero Corp (NYSE: BOWL) has a price-to-earnings ratio that is above its average at 55.17x. The stock has a 36-month beta value of 0.57. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BOWL is 83.17M, and at present, short sellers hold a 16.68% of that float. On May 06, 2024, the average trading volume of BOWL was 884.20K shares.
BOWL’s Market Performance
BOWL stock saw a decrease of -11.45% in the past week, with a monthly decline of -22.13% and a quarterly a decrease of -22.07%. The volatility ratio for the week is 2.76%, and the volatility levels for the last 30 days are 3.35% for Bowlero Corp (BOWL). The simple moving average for the last 20 days is -13.51% for BOWL stock, with a simple moving average of -10.75% for the last 200 days.
Analysts’ Opinion of BOWL
Many brokerage firms have already submitted their reports for BOWL stocks, with B. Riley Securities repeating the rating for BOWL by listing it as a “Buy.” The predicted price for BOWL in the upcoming period, according to B. Riley Securities is $18 based on the research report published on June 02, 2023 of the previous year 2023.
Jefferies, on the other hand, stated in their research note that they expect to see BOWL reach a price target of $23. The rating they have provided for BOWL stocks is “Buy” according to the report published on April 19th, 2023.
Stifel gave a rating of “Buy” to BOWL, setting the target price at $26 in the report published on March 28th of the previous year.
BOWL Trading at -17.66% from the 50-Day Moving Average
After a stumble in the market that brought BOWL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.35% of loss for the given period.
Volatility was left at 3.35%, however, over the last 30 days, the volatility rate increased by 2.76%, as shares sank -24.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.65% lower at present.
During the last 5 trading sessions, BOWL fell by -13.62%, which changed the moving average for the period of 200-days by -9.81% in comparison to the 20-day moving average, which settled at $11.94. In addition, Bowlero Corp saw -26.09% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BOWL starting from Bass Robert J, who purchase 178 shares at the price of $12.85 back on Mar 11 ’24. After this action, Bass Robert J now owns 38,689 shares of Bowlero Corp, valued at $2,287 using the latest closing price.
Wilson Michelle D, the Director of Bowlero Corp, sale 42,733 shares at $12.63 during a trade that took place back on Feb 21 ’24, which means that Wilson Michelle D is holding 997,471 shares at $539,658 based on the most recent closing price.
Stock Fundamentals for BOWL
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.29 for the gross margin
The net margin for Bowlero Corp stands at 0.06. The total capital return value is set at 0.05. Equity return is now at value 71.47, with 2.68 for asset returns.
Based on Bowlero Corp (BOWL), the company’s capital structure generated 0.98 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 60.85. The interest coverage ratio of the stock is 1.14.
Currently, EBITDA for the company is 193.37 million with net debt to EBITDA at 8.63. When we switch over and look at the enterprise to sales, we see a ratio of 3.44. The receivables turnover for the company is 158.29for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.
Conclusion
To sum up, Bowlero Corp (BOWL) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
