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

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

A number of brokerages recently weighed in on FLL. Citizens Jmp reduced their target price on shares of Full House Resorts from $5.00 to $4.00 and set a “market outperform” rating for the company in a research note on Friday, November 7th. Weiss Ratings restated a “sell (e+)” rating on shares of Full House Resorts in a research note on Wednesday, October 8th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Jane Street Group LLC purchased a new position in shares of Full House Resorts in the 1st quarter worth approximately $54,000. Tower Research Capital LLC TRC boosted its stake in shares of Full House Resorts by 570.7% during the second quarter. Tower Research Capital LLC TRC now owns 15,708 shares of the company’s stock worth $57,000 after buying an additional 13,366 shares during the period. Catalyst Funds Management Pty Ltd acquired a new stake in Full House Resorts during the 2nd quarter valued at $58,000. Occudo Quantitative Strategies LP purchased a new stake in shares of Full House Resorts in the second quarter worth about $60,000. Finally, Empirical Finance LLC bought a new position in shares of Full House Resorts during the second quarter valued at approximately $73,000. Hedge funds and other institutional investors own 37.68% of the company’s stock.

Full House Resorts Stock Performance

NASDAQ FLL traded up $0.03 on Wednesday, reaching $3.05. The stock had a trading volume of 6,583 shares, compared to its average volume of 202,455. The business’s 50-day moving average price is $2.64 and its 200 day moving average price is $3.37. Full House Resorts has a 12-month low of $2.25 and a 12-month high of $5.59. The company has a debt-to-equity ratio of 33.44, a quick ratio of 0.65 and a current ratio of 0.68. The stock has a market cap of $109.99 million, a P/E ratio of -2.72 and a beta of 1.33.

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

About Full House Resorts

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.