Full House Resorts (NASDAQ:FLL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Full House Resorts (NASDAQ:FLLFree Report) from a sell rating to a hold rating in a report released on Sunday.

A number of other equities analysts have also weighed in on the stock. Citizens Jmp lowered their price target on shares of Full House Resorts from $4.00 to $3.00 and set a “market outperform” rating on the stock in a research report on Friday, August 7th. Citigroup reissued a “market outperform” rating on shares of Full House Resorts in a research note on Friday, August 7th. Finally, Weiss Ratings upgraded Full House Resorts from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, July 31st. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $3.50.

Read Our Latest Research Report on FLL

Full House Resorts Trading Down 4.1%

Shares of FLL stock opened at $2.09 on Friday. Full House Resorts has a fifty-two week low of $2.02 and a fifty-two week high of $3.85. The company has a debt-to-equity ratio of 187.23, a quick ratio of 0.59 and a current ratio of 0.62. The stock’s fifty day moving average is $2.56 and its two-hundred day moving average is $2.51. The firm has a market capitalization of $75.78 million, a P/E ratio of -2.05 and a beta of 1.24.

Full House Resorts (NASDAQ:FLLGet Free Report) last released its earnings results 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). The business had revenue of $78.06 million for the quarter, compared to analysts’ expectations of $78.42 million. Full House Resorts had a negative return on equity of 473.31% and a negative net margin of 12.06%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of FLL. Jefferies Financial Group Inc. acquired a new stake in Full House Resorts during the second quarter worth about $206,000. BlackRock Inc. purchased a new position in Full House Resorts during the second quarter worth about $1,814,000. GSA Capital Partners LLP acquired a new position in Full House Resorts in the 2nd quarter valued at about $237,000. One Wealth Advisors LLC acquired a new position in Full House Resorts in the 2nd quarter valued at about $361,000. Finally, Rangeley Capital LLC boosted its holdings in Full House Resorts by 2.2% in the 1st quarter. Rangeley Capital LLC now owns 915,578 shares of the company’s stock valued at $2,060,000 after purchasing an additional 19,578 shares during the last quarter. Institutional investors and hedge funds own 37.68% of the company’s stock.

About Full House Resorts

(Get Free Report)

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.

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