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

Full House Resorts, Inc. (NASDAQ:FLL) has been assigned an average recommendation of “Hold” from the five research firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $4.50.

Several equities research analysts have weighed in on FLL shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Full House Resorts in a research report on Wednesday, October 8th. Citizens Jmp cut their price objective on shares of 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.

Institutional Investors Weigh In On Full House Resorts

Institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC acquired a new position in Full House Resorts in the first quarter worth approximately $54,000. Tower Research Capital LLC TRC boosted its stake 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 acquiring an additional 13,366 shares in the last quarter. Catalyst Funds Management Pty Ltd bought a new stake in shares of Full House Resorts during the 2nd quarter worth $58,000. Occudo Quantitative Strategies LP acquired a new position in shares of Full House Resorts in the 2nd quarter worth $60,000. Finally, Empirical Finance LLC acquired a new stake in shares of Full House Resorts during the second quarter worth $73,000. 37.68% of the stock is owned by institutional investors and hedge funds.

Full House Resorts Stock Performance

Shares of NASDAQ FLL opened at $2.52 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.68 and a debt-to-equity ratio of 33.44. The firm’s 50-day moving average price is $2.65 and its two-hundred day moving average price is $3.28. Full House Resorts has a 52-week low of $2.25 and a 52-week high of $5.59. The stock has a market capitalization of $91.02 million, a P/E ratio of -2.25 and a beta of 1.31.

Full House Resorts (NASDAQ:FLL) last announced its quarterly earnings results on Thursday, November 6th. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.01). The company had revenue of $77.95 million for the quarter, compared to analyst estimates of $76.40 million. Full House Resorts had a negative return on equity of 150.12% and a negative net margin of 13.38%.

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.