Full House Resorts, Inc. (NASDAQ:FLL) Receives Average Recommendation of “Moderate Buy” from Analysts

Full House Resorts, Inc. (NASDAQ:FLL) has been assigned a consensus rating of “Moderate Buy” from the four brokerages that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating and three have assigned a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $3.50.

Several brokerages recently issued reports on FLL. Citizens Jmp dropped their price objective on Full House Resorts from $4.00 to $3.00 and set a “market outperform” rating on the stock in a research note on Friday, August 7th. Wall Street Zen raised shares of Full House Resorts from a “sell” rating to a “hold” rating in a research report on Sunday, August 16th. Weiss Ratings lowered shares of Full House Resorts from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, September 16th. Finally, Citigroup reissued a “market outperform” rating on shares of Full House Resorts in a report on Friday, August 7th.

Institutional Trading of Full House Resorts

Institutional investors have recently made changes to their positions in the company. AXQ Capital LP purchased a new position in Full House Resorts in the 2nd quarter valued at $64,000. Jefferies Financial Group Inc. purchased a new stake in shares of Full House Resorts during the second quarter worth $206,000. BlackRock Inc. acquired a new stake in shares of Full House Resorts in the second quarter valued at about $1,814,000. GSA Capital Partners LLP purchased a new position in shares of Full House Resorts in the second quarter worth about $237,000. Finally, One Wealth Advisors LLC purchased a new stake in Full House Resorts during the 2nd quarter valued at about $361,000. 37.68% of the stock is owned by institutional investors and hedge funds.

Full House Resorts Stock Down 2.1%

Shares of FLL opened at $1.39 on Friday. The business has a fifty day moving average of $2.03 and a 200 day moving average of $2.40. The company has a market cap of $50.40 million, a PE ratio of -1.36 and a beta of 1.41. Full House Resorts has a 52-week low of $1.35 and a 52-week high of $3.37.

Full House Resorts (NASDAQ:FLL) last posted its quarterly earnings data on Thursday, August 6th. The company reported ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.07). The firm had revenue of $78.06 million for the quarter, compared to the consensus estimate of $78.42 million. Full House Resorts had a negative net margin of 12.06% and a negative return on equity of 473.31%.

About Full House Resorts

Full House Resorts, Inc is a regional gaming and hospitality company that owns, operates, and manages casinos and related entertainment properties in the United States. Its properties typically include casino gaming, hotel accommodations, restaurants, bars, entertainment venues, and other amenities serving local and regional visitors.

The company’s portfolio includes properties in Colorado, Mississippi, Nevada, and Indiana. Its Colorado operations include Chamonix Casino Hotel, Bronco Billy’s Casino, and Colorado Grande Casino in Cripple Creek.