Full House Resorts (NASDAQ:FLL) Price Target Lowered to $4.00 at JMP Securities

Full House Resorts (NASDAQ:FLL) had its target price cut by JMP Securities from $5.00 to $4.00 in a research note issued to investors on Friday morning,Benzinga reports. They currently have a market outperform rating on the stock.

FLL has been the subject of several other reports. Citigroup restated an “outperform” rating on shares of Full House Resorts in a report on Friday, March 7th. UBS Group set a $5.00 price target on shares of Full House Resorts in a report on Friday, March 7th. Finally, StockNews.com upgraded shares of Full House Resorts from a “sell” rating to a “hold” rating in a research note on Wednesday, March 19th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Full House Resorts presently has an average rating of “Buy” and a consensus target price of $5.67.

Full House Resorts Trading Down 5.5 %

Shares of FLL opened at $3.12 on Friday. The firm has a market capitalization of $112.25 million, a price-to-earnings ratio of -2.64 and a beta of 1.70. The company has a debt-to-equity ratio of 9.04, a current ratio of 0.87 and a quick ratio of 0.83. Full House Resorts has a 1-year low of $2.86 and a 1-year high of $5.90. The company has a 50-day moving average of $3.60 and a 200 day moving average of $4.38.

Full House Resorts (NASDAQ:FLL) last announced its quarterly earnings results on Thursday, May 8th. The company reported ($0.27) earnings per share (EPS) for the quarter. Full House Resorts had a negative net margin of 14.64% and a negative return on equity of 66.86%.

Institutional Trading of Full House Resorts

Institutional investors have recently modified their holdings of the company. R Squared Ltd purchased a new position in Full House Resorts during the 4th quarter worth $26,000. Bfsg LLC grew its stake in shares of Full House Resorts by 156.7% during the fourth quarter. Bfsg LLC now owns 11,090 shares of the company’s stock worth $45,000 after acquiring an additional 6,770 shares during the last quarter. Squarepoint Ops LLC acquired a new position in shares of Full House Resorts during the fourth quarter valued at about $46,000. XTX Topco Ltd purchased a new position in shares of Full House Resorts in the 4th quarter valued at approximately $49,000. Finally, Price T Rowe Associates Inc. MD boosted its stake in Full House Resorts by 22.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,748 shares of the company’s stock worth $53,000 after purchasing an additional 2,340 shares in the last quarter. 37.68% of the stock is currently owned by institutional investors.

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.