Full House Resorts (NASDAQ:FLL) Earns Buy Rating from Analysts at B. Riley

Investment analysts at B. Riley began coverage on shares of Full House Resorts (NASDAQ:FLL) in a report released on Friday, StockNewsAPI reports. The firm set a “buy” rating and a $9.00 price target on the stock. B. Riley’s price target suggests a potential upside of 70.45% from the stock’s current price.

A number of other research firms also recently commented on FLL. JMP Securities decreased their price objective on shares of Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating on the stock in a report on Wednesday, March 6th. Macquarie cut Full House Resorts from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $8.00 to $6.00 in a report on Wednesday, January 17th.

Full House Resorts Stock Up 1.5 %

Shares of FLL traded up $0.08 during mid-day trading on Friday, reaching $5.28. The company’s stock had a trading volume of 15,288 shares, compared to its average volume of 86,811. The company’s 50 day moving average is $5.10 and its 200 day moving average is $4.92. The company has a debt-to-equity ratio of 6.01, a current ratio of 1.08 and a quick ratio of 1.05. Full House Resorts has a 12-month low of $3.40 and a 12-month high of $8.10. The stock has a market cap of $182.64 million, a PE ratio of -7.33 and a beta of 1.98.

Full House Resorts (NASDAQ:FLL) last released its quarterly earnings results on Tuesday, March 5th. The company reported ($0.36) earnings per share (EPS) for the quarter. The firm had revenue of $60.03 million for the quarter. Full House Resorts had a negative return on equity of 29.22% and a negative net margin of 10.33%.

Hedge Funds Weigh In On Full House Resorts

Several hedge funds have recently bought and sold shares of FLL. SG Americas Securities LLC acquired a new position in Full House Resorts in the 4th quarter valued at $78,000. Bard Associates Inc. grew its holdings in Full House Resorts by 6.2% in the 4th quarter. Bard Associates Inc. now owns 36,075 shares of the company’s stock valued at $194,000 after buying an additional 2,100 shares during the period. Aristides Capital LLC grew its holdings in Full House Resorts by 133.3% in the 4th quarter. Aristides Capital LLC now owns 69,498 shares of the company’s stock valued at $373,000 after buying an additional 39,706 shares during the period. Gamco Investors INC. ET AL grew its holdings in Full House Resorts by 15.1% in the third quarter. Gamco Investors INC. ET AL now owns 543,900 shares of the company’s stock valued at $2,322,000 after purchasing an additional 71,400 shares during the period. Finally, Gabelli Funds LLC increased its position in Full House Resorts by 1.0% during the third quarter. Gabelli Funds LLC now owns 596,000 shares of the company’s stock worth $2,545,000 after purchasing an additional 6,000 shares during the last quarter. Hedge funds and other institutional investors own 37.68% of the company’s stock.

Full House Resorts Company Profile

Full House Resorts, Inc owns, leases, operates, develops, manages, and invests in casinos, and related hospitality and entertainment facilities in the United States. It operates through Midwest & South, West, and Contracted Sports Wagering segments. The company's properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Bronco Billy's Casino and Chamonix Casino Hotel in Cripple Creek, Colorado; Stockman's Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.