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

Shares of Full House Resorts, Inc. (NASDAQ:FLL) have earned an average rating of “Hold” from the five research firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $4.50.

Several equities analysts recently issued reports on the stock. Macquarie reiterated a “neutral” rating and issued a $4.00 target price on shares of Full House Resorts in a research note on Friday, August 8th. Citizens Jmp dropped their target price on Full House Resorts from $5.00 to $4.00 and set a “market outperform” rating on the stock in a research report on Friday, November 7th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Full House Resorts in a report on Wednesday, October 8th.

Full House Resorts Stock Performance

NASDAQ FLL traded up $0.07 on Friday, reaching $2.49. 249,832 shares of the company’s stock traded hands, compared to its average volume of 205,718. Full House Resorts has a fifty-two week low of $2.25 and a fifty-two week high of $5.59. The company has a debt-to-equity ratio of 22.08, a quick ratio of 0.60 and a current ratio of 0.63. The firm has a market cap of $89.94 million, a price-to-earnings ratio of -2.17 and a beta of 1.61. The stock has a 50 day moving average price of $2.81 and a 200-day moving average price of $3.44.

Full House Resorts (NASDAQ:FLL) last released its quarterly earnings data on Thursday, November 6th. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.01). The company had revenue of $77.95 million for the quarter, compared to analysts’ expectations of $76.40 million. Full House Resorts had a negative net margin of 13.75% and a negative return on equity of 118.79%.

Institutional Trading of Full House Resorts

Several institutional investors have recently modified their holdings of FLL. R Squared Ltd lifted its stake in Full House Resorts by 69.3% in the 1st quarter. R Squared Ltd now owns 10,748 shares of the company’s stock valued at $45,000 after buying an additional 4,398 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Full House Resorts during the first quarter valued at approximately $54,000. Tower Research Capital LLC TRC boosted its stake in shares of Full House Resorts by 570.7% in the second quarter. Tower Research Capital LLC TRC now owns 15,708 shares of the company’s stock worth $57,000 after acquiring an additional 13,366 shares during the last quarter. Catalyst Funds Management Pty Ltd purchased a new stake in shares of Full House Resorts during the second quarter worth approximately $58,000. Finally, Occudo Quantitative Strategies LP acquired a new position in Full House Resorts in the 2nd quarter valued at $60,000. Institutional investors and hedge funds own 37.68% of the company’s stock.

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.