Full House Resorts (NASDAQ:FLL – Get Rating) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Friday.
Separately, Roth Capital reaffirmed a “buy” rating and set a $16.00 price target on shares of Full House Resorts in a research report on Monday, November 29th.
Shares of NASDAQ:FLL opened at $9.90 on Friday. The business’s fifty day moving average price is $8.99 and its two-hundred day moving average price is $9.85. Full House Resorts has a fifty-two week low of $6.68 and a fifty-two week high of $12.57. The stock has a market capitalization of $338.85 million, a price-to-earnings ratio of 34.14 and a beta of 2.00. The company has a debt-to-equity ratio of 2.87, a current ratio of 8.38 and a quick ratio of 8.32.
Full House Resorts (NASDAQ:FLL – Get Rating) last announced its quarterly earnings results on Tuesday, March 8th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The firm had revenue of $43.27 million for the quarter, compared to analysts’ expectations of $43.30 million. Full House Resorts had a return on equity of 11.47% and a net margin of 6.50%. During the same period in the prior year, the business posted $0.12 earnings per share. Research analysts expect that Full House Resorts will post 0.4 EPS for the current fiscal year.
Several institutional investors and hedge funds have recently modified their holdings of FLL. Morgan Stanley bought a new position in shares of Full House Resorts in the 1st quarter valued at $152,000. Northern Trust Corp grew its position in Full House Resorts by 422.0% during the 2nd quarter. Northern Trust Corp now owns 316,594 shares of the company’s stock worth $3,147,000 after acquiring an additional 255,939 shares during the last quarter. Nuveen Asset Management LLC bought a new stake in Full House Resorts during the 2nd quarter worth $1,425,000. State Street Corp bought a new stake in Full House Resorts during the 2nd quarter worth $4,494,000. Finally, Charles Schwab Investment Management Inc. bought a new stake in shares of Full House Resorts in the 2nd quarter valued at about $783,000. Institutional investors own 59.27% of the company’s stock.
Full House Resorts Company Profile
Full House Resorts, Inc engages in the ownership, leasing, development, operation, and management of gaming, hospitality, and entertainment facilities. It operates through the following segments: Silver Slipper Casino and Hotel, Bronco Billy’s Casino and Hotel, Rising Star Casino Resort and Northern Nevada.