FY2025 EPS Estimates for Bowlero Raised by Noble Financial

Bowlero Corp. (NYSE:BOWL) – Research analysts at Noble Financial boosted their FY2025 EPS estimates for Bowlero in a research report issued on Monday, November 11th. Noble Financial analyst M. Kupinski now expects that the company will earn $0.38 per share for the year, up from their previous estimate of $0.15. The consensus estimate for Bowlero’s current full-year earnings is $0.45 per share.

Bowlero (NYSE:BOWL) last released its quarterly earnings results on Monday, November 4th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.30. The business had revenue of $260.20 million for the quarter, compared to analyst estimates of $249.42 million. Bowlero had a negative return on equity of 31.58% and a negative net margin of 6.63%. During the same period in the prior year, the company earned ($0.10) EPS.

A number of other research firms also recently weighed in on BOWL. JPMorgan Chase & Co. dropped their target price on Bowlero from $16.00 to $15.00 and set an “overweight” rating for the company in a research report on Tuesday, November 5th. Canaccord Genuity Group reissued a “buy” rating and set a $18.00 price objective on shares of Bowlero in a report on Monday, September 30th. B. Riley reaffirmed a “buy” rating and issued a $17.00 target price on shares of Bowlero in a research note on Tuesday, September 3rd. Piper Sandler began coverage on shares of Bowlero in a report on Monday, October 28th. They issued a “neutral” rating and a $12.00 price objective on the stock. Finally, Royal Bank of Canada raised shares of Bowlero to a “moderate buy” rating in a report on Thursday, October 3rd. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $15.88.

Bowlero Stock Up 1.9 %

Shares of NYSE:BOWL opened at $11.47 on Thursday. The firm has a market cap of $1.69 billion, a P/E ratio of -18.80 and a beta of 0.62. The company’s 50-day moving average price is $11.55 and its two-hundred day moving average price is $12.17. Bowlero has a 12 month low of $9.70 and a 12 month high of $15.47.

Bowlero Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be issued a dividend of $0.055 per share. The ex-dividend date is Friday, November 22nd. This represents a $0.22 annualized dividend and a yield of 1.92%. Bowlero’s dividend payout ratio is presently -36.07%.

Institutional Investors Weigh In On Bowlero

Several large investors have recently modified their holdings of BOWL. Barclays PLC lifted its holdings in shares of Bowlero by 22.6% during the 3rd quarter. Barclays PLC now owns 7,807 shares of the company’s stock valued at $91,000 after purchasing an additional 1,439 shares in the last quarter. State Street Corp raised its holdings in Bowlero by 43.2% during the 3rd quarter. State Street Corp now owns 285,534 shares of the company’s stock worth $3,352,000 after buying an additional 86,083 shares during the period. Stifel Financial Corp lifted its stake in Bowlero by 3.7% in the third quarter. Stifel Financial Corp now owns 74,969 shares of the company’s stock valued at $880,000 after buying an additional 2,664 shares in the last quarter. Systematic Financial Management LP boosted its holdings in shares of Bowlero by 24.0% in the third quarter. Systematic Financial Management LP now owns 838,090 shares of the company’s stock valued at $9,839,000 after buying an additional 161,951 shares during the period. Finally, Portolan Capital Management LLC acquired a new stake in shares of Bowlero during the third quarter worth $8,281,000. 68.11% of the stock is currently owned by institutional investors.

Bowlero Company Profile

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.