A new trading day began on Monday, with Bowlero Corp (NYSE: BOWL) stock price up 5.22% from the previous day of trading, before settling in for the closing price of $11.50. BOWL’s price has ranged from $9.70 to $15.47 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 38.96% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 167.42%. With a float of $82.49 million, this company’s outstanding shares have now reached $88.85 million.
In an organization with 11374 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 42.9%, operating margin of 12.33%, and the pretax margin is -9.0%.
Bowlero Corp (BOWL) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Leisure Industry. The insider ownership of Bowlero Corp is 43.85%, while institutional ownership is 62.40%. The most recent insider transaction that took place on Sep 09 ’24, was worth 1,703. In this transaction Director of this company bought 140 shares at a rate of $12.16, taking the stock ownership to the 38,949 shares. Before that another transaction happened on Sep 06 ’24, when Company’s Chief Financial Officer bought 122 for $12.30, making the entire transaction worth $1,500. This insider now owns 27,399 shares in total.
Bowlero Corp (BOWL) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 167.42% per share during the next fiscal year.
Bowlero Corp (NYSE: BOWL) Trading Performance Indicators
Here are Bowlero Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.62, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.38 in one year’s time.
Technical Analysis of Bowlero Corp (BOWL)
Let’s dig in a bit further. During the last 5-days, its volume was 0.95 million. That was better than the volume of 0.81 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 62.00%. Additionally, its Average True Range was 0.60.
During the past 100 days, Bowlero Corp’s (BOWL) raw stochastic average was set at 40.13%, which indicates a significant decrease from 77.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.65% in the past 14 days, which was higher than the 47.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.52, while its 200-day Moving Average is $12.38. However, in the short run, Bowlero Corp’s stock first resistance to watch stands at $12.33. Second resistance stands at $12.56. The third major resistance level sits at $13.00. If the price goes on to break the first support level at $11.66, it is likely to go to the next support level at $11.22. Assuming the price breaks the second support level, the third support level stands at $10.99.
Bowlero Corp (NYSE: BOWL) Key Stats
With a market capitalization of 1.77 billion, the company has a total of 147,452K Shares Outstanding. Currently, annual sales are 1,155 M while annual income is -83,580 K. The company’s previous quarter sales were 283,870 K while its latest quarter income was -62,180 K.
