Last Updated: 08 Nov 2024
Executive Summary
Bowlero Corp (BOWL) is a leading operator of bowling centers in the United States. The company has a market capitalization of $1.73 billion and trades on the NYSE. BOWL has been reporting negative earnings per share (EPS) but is expected to turn a profit in the future. The company's fundamentals are weak, with a negative book value, low profit margin, and negative return on equity. However, BOWL has a strong technical outlook, with a bullish chart pattern and positive momentum indicators. Analysts are bullish on BOWL, with a consensus target price of $17.35.
Company Overview
Bowlero Corp is a bowling center operator with over 300 locations in the United States. The company's bowling centers offer a variety of amenities, including bowling lanes, arcade games, and food and beverage service. BOWL also operates a loyalty program that rewards customers for their business.
Fundamental Analysis
BOWL's fundamentals are weak. The company has a negative book value of -$46.48 per share. This means that the company's liabilities exceed its assets. BOWL also has a low profit margin of -0.0663% and a negative return on equity of -1.08%. This means that the company is not generating enough profit to cover its costs and is destroying shareholder value.
Technical Analysis
BOWL's technical outlook is strong. The company's stock price has been trending higher in recent months and has broken out of a bullish chart pattern. The stock's momentum indicators are also positive, suggesting that the uptrend is likely to continue.
Short Term Outlook
BOWL's short-term outlook is positive. The company's stock price is expected to continue to rise in the coming months. The stock is currently trading at $11.55, which is below the analyst consensus target price of $17.35.
Long Term Outlook
BOWL's long-term outlook is uncertain. The company's fundamentals are weak, and it is unclear whether the company will be able to turn a profit in the future. However, the company's technical outlook is strong, and the stock is expected to continue to rise in the coming years.
Analyst Recommendations
Analysts are bullish on BOWL. The consensus target price is $17.35, which represents a potential upside of 50.3% from the current price. Three analysts have a Strong Buy rating on the stock, while six have a Buy rating.
