Full House Resorts (NASDAQ:FLL) Announces Earnings Results

Full House Resorts (NASDAQ:FLL – Get Rating) announced its quarterly earnings data on Monday. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.04, MarketWatch Earnings reports. Full House Resorts had a return on equity of 11.18% and a net margin of 6.50%. During the same period in the prior year, the business earned ($0.13) EPS.

NASDAQ:FLL traded down $0.91 during trading hours on Tuesday, reaching $6.19. The stock had a trading volume of 1,546,851 shares, compared to its average volume of 254,611. The company has a debt-to-equity ratio of 2.70, a quick ratio of 7.19 and a current ratio of 7.24. Full House Resorts has a 52 week low of $5.74 and a 52 week high of $12.57. The company has a 50 day moving average price of $9.28 and a two-hundred day moving average price of $9.72. The stock has a market capitalization of $212.45 million, a PE ratio of 21.21 and a beta of 1.93.

A number of large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its holdings in shares of Full House Resorts by 55.0% in the 3rd quarter. Royal Bank of Canada now owns 3,473 shares of the company’s stock worth $37,000 after purchasing an additional 1,233 shares during the period. Bank of America Corp DE boosted its holdings in shares of Full House Resorts by 6,157.0% in the 2nd quarter. Bank of America Corp DE now owns 6,257 shares of the company’s stock worth $62,000 after purchasing an additional 6,157 shares during the period. BNP Paribas Arbitrage SA boosted its holdings in shares of Full House Resorts by 492.9% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 7,471 shares of the company’s stock worth $79,000 after purchasing an additional 6,211 shares during the period. LPL Financial LLC purchased a new position in shares of Full House Resorts in the 3rd quarter worth approximately $107,000. Finally, MetLife Investment Management LLC boosted its holdings in shares of Full House Resorts by 322.1% in the 4th quarter. MetLife Investment Management LLC now owns 11,840 shares of the company’s stock worth $143,000 after purchasing an additional 9,035 shares during the period. 61.37% of the stock is currently owned by institutional investors and hedge funds.

FLL has been the topic of several recent analyst reports. Craig Hallum decreased their target price on Full House Resorts from $18.00 to $13.00 in a research note on Tuesday. B. Riley initiated coverage on Full House Resorts in a research note on Tuesday, April 19th. They set a “buy” rating and a $20.00 target price on the stock. Finally, StockNews.com raised Full House Resorts from a “hold” rating to a “buy” rating in a research note on Tuesday, April 12th.

Full House Resorts Company Profile (Get Rating)

Full House Resorts, Inc owns, develops, invests in, operates, manages, and leases casinos, and related hospitality and entertainment facilities in the United States. The company owns and operates the Silver Slipper Casino and Hotel in Hancock County, Mississippi, which has 757 slot machines and 24 table games, a surface parking lot, and a 129 hotel rooms; an on-site sportsbook, a fine-dining restaurant, a buffet, and a quick-service restaurant, as well as an oyster bar, a casino bar, and a beachfront bar; and 37-space beachfront RV park.

Recommended Stories