Full House Resorts (NASDAQ:FLL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Full House Resorts (NASDAQ:FLL) from a sell rating to a hold rating in a report released on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Full House Resorts in a research note on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Full House Resorts has an average rating of “Hold” and a consensus target price of $4.00.

Full House Resorts Stock Performance

Shares of Full House Resorts stock opened at $2.41 on Friday. The firm has a market cap of $87.39 million, a PE ratio of -2.25 and a beta of 1.20. The firm’s 50-day simple moving average is $2.71 and its 200-day simple moving average is $2.54. The company has a debt-to-equity ratio of 187.23, a quick ratio of 0.57 and a current ratio of 0.60. Full House Resorts has a 1 year low of $2.02 and a 1 year high of $4.95.

Full House Resorts (NASDAQ:FLL) last posted its quarterly earnings results on Thursday, May 7th. The company reported ($0.23) EPS for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.01. The business had revenue of $74.42 million during the quarter, compared to the consensus estimate of $77.22 million. Full House Resorts had a negative return on equity of 473.31% and a negative net margin of 12.79%.

Institutional Investors Weigh In On Full House Resorts

Large investors have recently made changes to their positions in the company. HRT Financial LP bought a new stake in shares of Full House Resorts during the fourth quarter valued at approximately $27,000. Jane Street Group LLC acquired a new stake in Full House Resorts in the 1st quarter valued at approximately $54,000. Tower Research Capital LLC TRC increased its position in 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 acquiring an additional 13,366 shares during the period. Occudo Quantitative Strategies LP acquired a new stake in Full House Resorts in the 2nd quarter valued at approximately $60,000. Finally, R Squared Ltd raised its stake in Full House Resorts by 45.6% during the 4th quarter. R Squared Ltd now owns 25,417 shares of the company’s stock valued at $66,000 after acquiring an additional 7,965 shares in the last quarter. Institutional investors and hedge funds 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.