Full House Resorts, Inc. (NASDAQ:FLL) Receives $4.50 Average Target Price from Analysts

Full House Resorts, Inc. (NASDAQ:FLL) has earned a consensus recommendation of “Hold” from the five ratings firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $4.50.

FLL has been the topic of several research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Full House Resorts in a report on Thursday, January 22nd. Citizens Jmp dropped their price objective on shares of Full House Resorts from $5.00 to $4.00 and set a “market outperform” rating on the stock in a report on Friday, November 7th.

Full House Resorts Trading Up 2.8%

Shares of FLL opened at $2.24 on Thursday. The stock has a market capitalization of $80.91 million, a PE ratio of -2.00 and a beta of 1.40. The company has a debt-to-equity ratio of 33.44, a quick ratio of 0.65 and a current ratio of 0.68. Full House Resorts has a fifty-two week low of $2.16 and a fifty-two week high of $5.56. The company’s fifty day moving average is $2.61 and its 200 day moving average is $3.02.

Full House Resorts (NASDAQ:FLL) last released 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 net margin of 13.38% and a negative return on equity of 150.12%. The firm 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

A number of institutional investors have recently modified their holdings of the stock. R Squared Ltd lifted its holdings in shares of Full House Resorts by 45.6% in the 4th quarter. R Squared Ltd now owns 25,417 shares of the company’s stock valued at $66,000 after buying an additional 7,965 shares during the period. KG&L Capital Management LLC raised its position in Full House Resorts by 43.5% during the fourth quarter. KG&L Capital Management LLC now owns 33,000 shares of the company’s stock valued at $86,000 after acquiring an additional 10,000 shares in the last quarter. Mink Brook Asset Management LLC raised its position in Full House Resorts by 2.6% during the third quarter. Mink Brook Asset Management LLC now owns 207,198 shares of the company’s stock valued at $665,000 after acquiring an additional 5,192 shares in the last quarter. Bank of America Corp DE lifted its holdings in Full House Resorts by 67.1% in the third quarter. Bank of America Corp DE now owns 40,273 shares of the company’s stock valued at $129,000 after acquiring an additional 16,168 shares during the period. Finally, Ancora Advisors LLC boosted its position in Full House Resorts by 21.6% in the 3rd quarter. Ancora Advisors LLC now owns 107,810 shares of the company’s stock worth $346,000 after purchasing an additional 19,150 shares in the last quarter. Hedge funds and other institutional investors own 37.68% of the company’s stock.

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.