FY2025 EPS Estimates for Bowlero Corp. (NYSE:BOWL) Reduced by Analyst

Bowlero Corp. (NYSE:BOWL) – Noble Financial reduced their FY2025 EPS estimates for Bowlero in a research note issued on Thursday, September 12th. Noble Financial analyst M. Kupinski now forecasts that the company will post earnings per share of $0.15 for the year, down from their prior estimate of $0.39. The consensus estimate for Bowlero’s current full-year earnings is $0.33 per share.

Separately, B. Riley reiterated a “buy” rating and issued a $17.00 price target on shares of Bowlero in a research report on Tuesday, September 3rd. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $16.57.

Bowlero Stock Up 0.5 %

Shares of NYSE:BOWL opened at $12.19 on Monday. The firm has a fifty day simple moving average of $11.97 and a two-hundred day simple moving average of $12.54. The stock has a market capitalization of $1.81 billion, a P/E ratio of 23.00 and a beta of 0.59. Bowlero has a 52 week low of $8.85 and a 52 week high of $15.47.

Bowlero Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Friday, August 23rd were paid a $0.055 dividend. This represents a $0.22 annualized dividend and a yield of 1.80%. The ex-dividend date of this dividend was Friday, August 23rd. Bowlero’s payout ratio is currently 41.51%.

Hedge Funds Weigh In On Bowlero

Several hedge funds have recently bought and sold shares of BOWL. Champlain Investment Partners LLC boosted its stake in shares of Bowlero by 10.8% during the first quarter. Champlain Investment Partners LLC now owns 2,817,305 shares of the company’s stock valued at $38,597,000 after purchasing an additional 275,525 shares during the period. Boston Partners boosted its position in Bowlero by 6.0% in the 1st quarter. Boston Partners now owns 3,646,113 shares of the company’s stock valued at $49,004,000 after buying an additional 205,902 shares during the period. Marshall Wace LLP grew its stake in Bowlero by 101.5% in 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 in the last quarter. Lisanti Capital Growth LLC purchased a new position in shares of Bowlero during the second quarter worth approximately $2,648,000. Finally, Squarepoint Ops LLC raised its stake in shares of Bowlero by 201.2% during the second quarter. Squarepoint Ops LLC now owns 82,803 shares of the company’s stock valued at $1,200,000 after acquiring an additional 164,603 shares in the last quarter. 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.