Full House Resorts, Inc. (NASDAQ:FLL) Receives Consensus Rating of “Hold” from Analysts

Full House Resorts, Inc. (NASDAQ:FLL) has been given an average rating of “Hold” by the five ratings firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $4.50.

FLL has been the subject of several recent research reports. Weiss Ratings restated a “sell (e+)” rating on shares of Full House Resorts in a report on Wednesday, October 8th. Citizens Jmp cut their price objective on shares of Full House Resorts from $5.00 to $4.00 and set a “market outperform” rating on the stock in a report on Friday, November 7th.

Full House Resorts Trading Down 1.9%

FLL opened at $2.64 on Wednesday. The company has a quick ratio of 0.65, a current ratio of 0.68 and a debt-to-equity ratio of 33.44. The stock’s fifty day moving average is $2.66 and its two-hundred day moving average is $3.36. The company has a market capitalization of $95.36 million, a P/E ratio of -2.36 and a beta of 1.33. Full House Resorts has a 52 week low of $2.25 and a 52 week high of $5.59.

Full House Resorts (NASDAQ:FLL) last posted its quarterly earnings results on Thursday, November 6th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.01). Full House Resorts had a negative return on equity of 150.12% and a negative net margin of 13.38%.The firm had revenue of $77.95 million for the quarter, compared to the consensus estimate of $76.40 million.

Institutional Investors Weigh In On Full House Resorts

Institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new position in Full House Resorts in the first quarter valued at about $54,000. Tower Research Capital LLC TRC boosted its holdings in shares of Full House Resorts by 570.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 15,708 shares of the company’s stock valued at $57,000 after buying an additional 13,366 shares in the last quarter. Catalyst Funds Management Pty Ltd purchased a new position in shares of Full House Resorts in the 2nd quarter worth approximately $58,000. Occudo Quantitative Strategies LP bought a new position in shares of Full House Resorts during the 2nd quarter worth approximately $60,000. Finally, Aristeia Capital L.L.C. bought a new position in shares of Full House Resorts during the 1st quarter worth approximately $83,000. Institutional investors own 37.68% of the company’s stock.

Full House Resorts Company Profile

Full House Resorts, Inc (NASDAQ: FLL) is a gaming, lodging and entertainment company headquartered in Summerfield, Nevada. Founded in 1987, the company designs, develops and operates casino resorts and ancillary hospitality facilities in multiple U.S. markets. Its business model emphasizes regional gaming properties that combine slot machines, table games, hotel accommodations and live entertainment to serve a broad customer base.

The company’s property portfolio spans five states, including Bronco Billy’s Casino & Hotel and Grand Lodge Casino in Black Hawk, Colorado; Silver Slipper Casino Hotel and Harlow’s Casino Resort in Mississippi; Running Aces Harness Park & Casino in Minnesota; Rising Star Casino Resort in Indiana; and Stockman’s Casino in Nevada.