Full House Resorts (NASDAQ:FLL) Upgraded at Craig Hallum

Craig Hallum upgraded shares of Full House Resorts (NASDAQ:FLL) to a strong-buy rating in a report issued on Wednesday morning, Zacks.com reports.

Separately, JMP Securities boosted their price target on shares of Full House Resorts from $6.00 to $7.00 and gave the stock a market outperform rating in a research note on Wednesday, July 17th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of Moderate Buy and an average price target of $7.33.

Full House Resorts Stock Down 1.4 %

FLL stock opened at $4.92 on Wednesday. The firm has a market cap of $170.41 million, a PE ratio of -6.83 and a beta of 2.00. The company has a debt-to-equity ratio of 7.88, a quick ratio of 0.78 and a current ratio of 0.81. The firm’s 50 day moving average price is $5.13 and its 200-day moving average price is $5.09. Full House Resorts has a one year low of $3.40 and a one year high of $5.98.

Full House Resorts (NASDAQ:FLL) last announced its earnings results on Tuesday, August 6th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.11). The firm had revenue of $73.49 million during the quarter, compared to analysts’ expectations of $79.10 million. Full House Resorts had a negative net margin of 10.11% and a negative return on equity of 37.79%. During the same period in the previous year, the firm earned ($0.16) EPS. On average, equities research analysts anticipate that Full House Resorts will post -0.74 EPS for the current year.

Insider Buying and Selling at Full House Resorts

In related news, Director Eric J. Green acquired 7,500 shares of the firm’s stock in a transaction on Tuesday, August 13th. The stock was bought at an average price of $5.14 per share, for a total transaction of $38,550.00. Following the completion of the purchase, the director now directly owns 178,523 shares of the company’s stock, valued at approximately $917,608.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, CEO Daniel R. Lee sold 35,000 shares of the company’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $5.02, for a total value of $175,700.00. Following the completion of the sale, the chief executive officer now directly owns 1,116,249 shares of the company’s stock, valued at $5,603,569.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Eric J. Green bought 7,500 shares of Full House Resorts stock in a transaction dated Tuesday, August 13th. The stock was acquired at an average cost of $5.14 per share, with a total value of $38,550.00. Following the completion of the acquisition, the director now directly owns 178,523 shares of the company’s stock, valued at approximately $917,608.22. The disclosure for this purchase can be found here. Insiders sold 87,840 shares of company stock worth $440,721 over the last 90 days. Corporate insiders own 12.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Bard Associates Inc. raised its holdings in Full House Resorts by 6.2% during the fourth quarter. Bard Associates Inc. now owns 36,075 shares of the company’s stock worth $194,000 after purchasing an additional 2,100 shares in the last quarter. Price T Rowe Associates Inc. MD purchased a new position in Full House Resorts in the first quarter valued at about $57,000. Aristides Capital LLC increased its holdings in Full House Resorts by 133.3% in the fourth quarter. Aristides Capital LLC now owns 69,498 shares of the company’s stock valued at $373,000 after buying an additional 39,706 shares in the last quarter. Wasatch Advisors LP increased its holdings in Full House Resorts by 11.4% in the first quarter. Wasatch Advisors LP now owns 840,579 shares of the company’s stock valued at $4,682,000 after buying an additional 86,333 shares in the last quarter. Finally, Panagora Asset Management Inc. increased its holdings in Full House Resorts by 107.6% in the second quarter. Panagora Asset Management Inc. now owns 36,855 shares of the company’s stock valued at $184,000 after buying an additional 19,101 shares in the last quarter. 37.68% of the stock is owned by hedge funds and other 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.