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

Full House Resorts, Inc. (NASDAQ:FLL) has been assigned a consensus recommendation of “Moderate Buy” from the four analysts that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating and three have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $3.50.

A number of equities research analysts recently issued reports on the stock. Citizens Jmp decreased their price objective on shares of Full House Resorts from $4.00 to $3.00 and set a “market outperform” rating for the company in a report on Friday, August 7th. Wall Street Zen upgraded Full House Resorts from a “sell” rating to a “hold” rating in a report on Sunday, August 16th. Citigroup reaffirmed a “market outperform” rating on shares of Full House Resorts in a research report on Friday, August 7th. Finally, Weiss Ratings upgraded Full House Resorts from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, August 27th.

Hedge Funds Weigh In On Full House Resorts

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. HRT Financial LP bought a new stake in Full House Resorts during the fourth quarter valued at about $27,000. Jane Street Group LLC bought a new position in shares of Full House Resorts during the 1st quarter worth about $54,000. Tower Research Capital LLC TRC increased its holdings in shares of 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 worth $57,000 after purchasing an additional 13,366 shares during the period. Occudo Quantitative Strategies LP acquired a new position in shares of Full House Resorts during the second quarter valued at about $60,000. Finally, AXQ Capital LP acquired a new position in shares of Full House Resorts during the second quarter valued at about $64,000. Institutional investors and hedge funds own 37.68% of the company’s stock.

Full House Resorts Price Performance

NASDAQ FLL opened at $2.07 on Tuesday. The company has a quick ratio of 0.59, a current ratio of 0.62 and a debt-to-equity ratio of 187.23. The stock has a market capitalization of $75.06 million, a PE ratio of -2.03 and a beta of 1.22. The company has a 50 day moving average price of $2.34 and a two-hundred day moving average price of $2.48. Full House Resorts has a 12-month low of $1.96 and a 12-month high of $3.61.

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

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.