In a report released today, Ian Zaffino from Oppenheimer maintained a Buy rating on Bowlero Corp. Class A (BOWL – Research Report), with a price target of $15.00. The company’s shares closed yesterday at $11.20.
Zaffino covers the Consumer Cyclical sector, focusing on stocks such as Cedar Fair, Bowlero Corp. Class A, and Allison Transmission Holdings. According to TipRanks, Zaffino has an average return of 3.5% and a 47.77% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bowlero Corp. Class A with a $18.36 average price target, a 63.93% upside from current levels. In a report released today, Stifel Nicolaus also maintained a Buy rating on the stock with a $17.00 price target.
Based on Bowlero Corp. Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $305.67 million and a GAAP net loss of $63.47 million. In comparison, last year the company earned a revenue of $273.39 million and had a net profit of $1.44 million
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BOWL in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Bowlero Corp. Class A (BOWL) Company Description:
Isos Acquisition Corp is a blank check company.
Read More on BOWL:
- Bowlero Corp. Unveils Q3 Fiscal Year 2024 Financial Results
- Bowlero reports Q3 adjusted EBITDA of $122.8 M vs. loss of $32.1M last year
- Bowlero Corp. Class A (BOWL) Q3 Earnings Cheat Sheet
- Bowlero closer to inflection point, says Roth MKM
- Short Report: Bearish positioning in department stores on the rise
