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

Full House Resorts, Inc. (NASDAQ:FLL) has been given an average recommendation of “Hold” by the five brokerages that are currently covering the firm, MarketBeat reports. One 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 12 month price objective among brokerages that have covered the stock in the last year is $4.50.

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

Institutional Trading of Full House Resorts

A number of hedge funds and other institutional investors have recently modified their holdings of FLL. Jane Street Group LLC purchased a new position in Full House Resorts during the first quarter worth about $54,000. Tower Research Capital LLC TRC increased its stake in shares of Full House Resorts by 570.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 15,708 shares of the company’s stock valued at $57,000 after purchasing an additional 13,366 shares in the last quarter. Catalyst Funds Management Pty Ltd acquired a new stake in shares of Full House Resorts during the 2nd quarter worth about $58,000. Occudo Quantitative Strategies LP acquired a new position in Full House Resorts in the second quarter valued at $60,000. Finally, Aristeia Capital L.L.C. acquired a new position in Full House Resorts during the first quarter worth about $83,000. Institutional investors own 37.68% of the company’s stock.

Full House Resorts Trading Up 0.8%

Full House Resorts stock traded up $0.03 during trading hours on Wednesday, reaching $3.05. 6,583 shares of the company’s stock were exchanged, compared to its average volume of 202,455. The firm has a market capitalization of $109.99 million, a PE ratio of -2.72 and a beta of 1.33. The company has a quick ratio of 0.65, a current ratio of 0.68 and a debt-to-equity ratio of 33.44. Full House Resorts has a twelve month low of $2.25 and a twelve month high of $5.59. The firm’s 50 day simple moving average is $2.64 and its 200 day simple moving average is $3.37.

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

About Full House Resorts

Full House Resorts, Inc owns, leases, operates, develops, manages, and invests in casinos, and related hospitality and entertainment facilities in the United States. It operates through Midwest & South, West, and Contracted Sports Wagering segments. The company's properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Bronco Billy's Casino and Chamonix Casino Hotel in Cripple Creek, Colorado; Stockman's Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.