Full House Resorts (NASDAQ:FLL) Posts Earnings Results

Full House Resorts (NASDAQ:FLL) released its quarterly earnings results on Thursday. The company reported ($0.34) earnings per share (EPS) for the quarter, FiscalAI reports. Full House Resorts had a negative return on equity of 150.12% and a negative net margin of 13.38%.The firm had revenue of $75.42 million for the quarter.

Full House Resorts Price Performance

FLL stock traded down $0.01 during trading on Thursday, reaching $2.27. 96,490 shares of the company were exchanged, compared to its average volume of 134,753. The stock’s 50 day moving average price is $2.42 and its 200 day moving average price is $2.77. Full House Resorts has a 52-week low of $2.15 and a 52-week high of $4.95. 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 company has a market cap of $81.99 million, a P/E ratio of -2.03 and a beta of 1.37.

Hedge Funds Weigh In On Full House Resorts

Hedge funds and other institutional investors have recently bought and sold shares of the company. HRT Financial LP purchased a new position in Full House Resorts during the 4th quarter valued at about $27,000. Jane Street Group LLC purchased a new stake in Full House Resorts in the 1st quarter valued at approximately $54,000. Tower Research Capital LLC TRC grew its holdings in Full House Resorts by 570.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 15,708 shares of the company’s stock valued at $57,000 after buying an additional 13,366 shares during the last quarter. Catalyst Funds Management Pty Ltd purchased a new position in Full House Resorts during the second quarter worth $58,000. Finally, Occudo Quantitative Strategies LP acquired a new position in shares of Full House Resorts in the second quarter worth $60,000. 37.68% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Full House Resorts in a research note on Thursday, January 22nd. Citizens Jmp dropped their price target 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. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Full House Resorts currently has an average rating of “Hold” and a consensus price target of $4.33.

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.