Full House Resorts (NASDAQ:FLL) Receives New Coverage from Analysts at B. Riley

Analysts at B. Riley assumed coverage on shares of Full House Resorts (NASDAQ:FLL) in a research report issued to clients and investors on Friday, StockNewsAPI reports. The brokerage set a “buy” rating and a $9.00 price target on the stock. B. Riley’s target price indicates a potential upside of 67.29% from the company’s current price. B. Riley also issued estimates for Full House Resorts’ Q1 2025 earnings at $0.00 EPS, Q2 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.00 EPS and FY2025 earnings at $0.11 EPS.

Several other analysts have also recently commented on the company. JMP Securities reduced their target price on Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating on the stock in a report on Wednesday, March 6th. Macquarie cut Full House Resorts from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $8.00 to $6.00 in a report on Wednesday, January 17th.

Full House Resorts Stock Performance

Full House Resorts stock opened at $5.38 on Friday. The business has a 50 day moving average of $5.11 and a 200-day moving average of $4.92. Full House Resorts has a 1 year low of $3.40 and a 1 year high of $8.10. The company has a debt-to-equity ratio of 6.01, a current ratio of 1.08 and a quick ratio of 1.05. The company has a market capitalization of $186.09 million, a P/E ratio of -7.47 and a beta of 1.98.

Full House Resorts (NASDAQ:FLL) last released its quarterly earnings data on Tuesday, March 5th. The company reported ($0.36) earnings per share (EPS) for the quarter. Full House Resorts had a negative net margin of 10.33% and a negative return on equity of 29.22%. The firm had revenue of $60.03 million during the quarter.

Hedge Funds Weigh In On Full House Resorts

A number of institutional investors and hedge funds have recently modified their holdings of the business. Wasatch Advisors LP boosted its holdings in shares of Full House Resorts by 11.4% during the 1st quarter. Wasatch Advisors LP now owns 840,579 shares of the company’s stock worth $4,682,000 after buying an additional 86,333 shares in the last quarter. Aristides Capital LLC boosted its holdings in shares of Full House Resorts by 133.3% during the 4th quarter. Aristides Capital LLC now owns 69,498 shares of the company’s stock worth $373,000 after buying an additional 39,706 shares in the last quarter. Bard Associates Inc. boosted its holdings in shares of Full House Resorts by 6.2% during the 4th quarter. Bard Associates Inc. now owns 36,075 shares of the company’s stock worth $194,000 after buying an additional 2,100 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Full House Resorts during the 4th quarter worth approximately $78,000. Finally, Gabelli Funds LLC boosted its holdings in shares of Full House Resorts by 1.0% during the 3rd quarter. Gabelli Funds LLC now owns 596,000 shares of the company’s stock worth $2,545,000 after buying an additional 6,000 shares in the last quarter. 37.68% of the stock is currently owned by institutional investors.

Full House Resorts Company Profile

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.