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

Full House Resorts, Inc. (NASDAQ:FLL) has received a consensus recommendation of “Hold” from the five analysts that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $4.50.

FLL has been the subject of several recent research reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Full House Resorts in a research note on Wednesday, October 8th. Citizens Jmp reduced their target price on shares of Full House Resorts from $5.00 to $4.00 and set a “market outperform” rating for the company in a research note on Friday, November 7th.

Full House Resorts Stock Down 1.2%

Shares of NASDAQ:FLL opened at $2.52 on Friday. The firm has a 50 day simple moving average of $2.65 and a 200 day simple moving average of $3.28. Full House Resorts has a 52 week low of $2.25 and a 52 week high of $5.59. The company has a debt-to-equity ratio of 33.44, a quick ratio of 0.65 and a current ratio of 0.68. The company has a market cap of $91.02 million, a PE ratio of -2.25 and a beta of 1.31.

Full House Resorts (NASDAQ:FLL) last issued its 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). Full House Resorts had a negative net margin of 13.38% and a negative return on equity of 150.12%. The business had revenue of $77.95 million during the quarter, compared to analyst estimates of $76.40 million.

Hedge Funds Weigh In On Full House Resorts

Several hedge funds have recently bought and sold shares of the business. Jane Street Group LLC acquired a new position in Full House Resorts during the 1st quarter valued at $54,000. KG&L Capital Management LLC raised its position in shares of Full House Resorts by 87.0% during the second quarter. KG&L Capital Management LLC now owns 21,500 shares of the company’s stock valued at $79,000 after buying an additional 10,000 shares during the last quarter. Villere ST Denis J & Co. LLC lifted its stake 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 buying an additional 20,000 shares during the period. Catawba River Capital lifted its stake 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 buying an additional 133,766 shares during the period. Finally, R Squared Ltd grew its position in Full House Resorts by 124.4% during the second quarter. R Squared Ltd now owns 24,120 shares of the company’s stock worth $88,000 after buying an additional 13,372 shares in the last quarter. 37.68% of the stock is owned by institutional investors and hedge funds.

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.