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

Full House Resorts, Inc. (NASDAQ:FLL) has been given an average rating of “Hold” by the five brokerages that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $4.00.

Several brokerages have recently issued reports on FLL. Citigroup restated a “market outperform” rating on shares of Full House Resorts in a report on Friday. Weiss Ratings raised shares of Full House Resorts from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, July 31st. Finally, Wall Street Zen raised shares of Full House Resorts from a “sell” rating to a “hold” rating in a report on Saturday, July 18th.

Institutional Trading of Full House Resorts

Institutional investors have recently modified their holdings of the company. HRT Financial LP bought a new stake in shares of Full House Resorts in the fourth quarter worth about $27,000. Jane Street Group LLC bought a new position in Full House Resorts during the 1st quarter valued at approximately $54,000. Tower Research Capital LLC TRC raised its position 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 purchasing an additional 13,366 shares during the last quarter. Occudo Quantitative Strategies LP purchased a new stake in Full House Resorts in the 2nd quarter worth approximately $60,000. Finally, R Squared Ltd lifted its holdings in Full House Resorts by 45.6% in the 4th quarter. R Squared Ltd now owns 25,417 shares of the company’s stock worth $66,000 after buying an additional 7,965 shares during the period. 37.68% of the stock is currently owned by hedge funds and other institutional investors.

Full House Resorts Price Performance

FLL opened at $2.19 on Friday. The stock has a market capitalization of $79.42 million, a P/E ratio of -2.05 and a beta of 1.24. The company has a current ratio of 0.60, a quick ratio of 0.57 and a debt-to-equity ratio of 187.23. Full House Resorts has a 12-month low of $2.02 and a 12-month high of $4.56. The stock has a 50-day moving average price of $2.59 and a 200-day moving average price of $2.52.

Full House Resorts (NASDAQ:FLL) last announced its quarterly earnings data on Thursday, August 6th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.07). Full House Resorts had a negative net margin of 12.79% and a negative return on equity of 473.31%. The business had revenue of $78.06 million during the quarter, compared to analysts’ expectations of $78.42 million.

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.