Full House Resorts, Inc. (NASDAQ:FLL) Receives $4.50 Average Target Price from Brokerages

Full House Resorts, Inc. (NASDAQ:FLL) has been assigned a consensus rating of “Hold” from the five analysts that are presently covering the firm, Marketbeat.com reports. One 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 price objective among analysts that have updated their coverage on the stock in the last year is $4.50.

Several brokerages have recently weighed in on FLL. Citizens Jmp reduced their price target on Full House Resorts from $5.00 to $4.00 and set a “market outperform” rating on the stock in a report on Friday, November 7th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Full House Resorts in a research report on Thursday, January 22nd.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new stake in Full House Resorts in the 1st quarter valued at about $54,000. Villere ST Denis J & Co. LLC boosted its holdings in shares of Full House Resorts by 50.0% in the second quarter. Villere ST Denis J & Co. LLC now owns 60,000 shares of the company’s stock valued at $220,000 after purchasing an additional 20,000 shares during the period. Catawba River Capital boosted its holdings in shares of Full House Resorts by 8.9% in the second quarter. Catawba River Capital now owns 1,635,973 shares of the company’s stock valued at $5,988,000 after purchasing an additional 133,766 shares during the period. R Squared Ltd grew its stake in Full House Resorts by 124.4% in the second quarter. R Squared Ltd now owns 24,120 shares of the company’s stock worth $88,000 after purchasing an additional 13,372 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in Full House Resorts during the 2nd quarter worth $358,000. Hedge funds and other institutional investors own 37.68% of the company’s stock.

Full House Resorts Price Performance

Full House Resorts stock opened at $2.28 on Thursday. Full House Resorts has a 12-month low of $2.16 and a 12-month high of $5.56. The company has a current ratio of 0.68, a quick ratio of 0.65 and a debt-to-equity ratio of 33.44. The firm has a 50-day moving average price of $2.59 and a 200-day moving average price of $2.97. The firm has a market capitalization of $82.35 million, a PE ratio of -2.04 and a beta of 1.40.

About Full House Resorts

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.