Analysts Set Full House Resorts, Inc. (NASDAQ:FLL) PT at $5.50

Full House Resorts, Inc. (NASDAQ:FLL) has received an average rating of “Moderate Buy” from the four analysts that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $5.50.

Several equities analysts have recently weighed in on FLL shares. Macquarie reaffirmed a “neutral” rating and set a $4.00 price target on shares of Full House Resorts in a research note on Friday, August 8th. JMP Securities raised their price target on shares of Full House Resorts from $4.00 to $5.00 and gave the stock a “market outperform” rating in a research note on Friday, July 18th.

Insider Buying and Selling at Full House Resorts

In other Full House Resorts news, Director Eric J. Green purchased 10,000 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The stock was bought at an average cost of $3.54 per share, with a total value of $35,400.00. Following the purchase, the director directly owned 233,959 shares of the company’s stock, valued at $828,214.86. The trade was a 4.47% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 9.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Full House Resorts

Several large investors have recently made changes to their positions in FLL. Barclays PLC boosted its holdings in shares of Full House Resorts by 14.2% in the 4th quarter. Barclays PLC now owns 49,374 shares of the company’s stock valued at $201,000 after buying an additional 6,127 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Full House Resorts by 3.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 286,320 shares of the company’s stock valued at $1,168,000 after purchasing an additional 10,767 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Full House Resorts by 22.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,748 shares of the company’s stock valued at $53,000 after purchasing an additional 2,340 shares during the last quarter. Northern Trust Corp lifted its holdings in Full House Resorts by 5.4% during the 4th quarter. Northern Trust Corp now owns 275,355 shares of the company’s stock valued at $1,123,000 after purchasing an additional 14,093 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Full House Resorts by 38.6% during the 4th quarter. Bank of America Corp DE now owns 38,495 shares of the company’s stock valued at $157,000 after purchasing an additional 10,723 shares during the last quarter. Institutional investors and hedge funds own 37.68% of the company’s stock.

Full House Resorts Price Performance

Shares of FLL opened at $3.43 on Tuesday. The stock has a market capitalization of $123.86 million, a P/E ratio of -2.98 and a beta of 1.54. Full House Resorts has a twelve month low of $2.86 and a twelve month high of $5.59. The company has a 50 day moving average of $4.11 and a 200-day moving average of $3.84. The company has a quick ratio of 0.60, a current ratio of 0.63 and a debt-to-equity ratio of 22.08.

Full House Resorts (NASDAQ:FLL) last issued its quarterly earnings results on Thursday, August 7th. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.20) by ($0.09). The business had revenue of $73.95 million for the quarter, compared to the consensus estimate of $80.47 million. Full House Resorts had a negative return on equity of 118.79% and a negative net margin of 13.75%.

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.