Full House Resorts (NASDAQ:FLL) Stock Price Target Lowered at Citizens Jmp

Full House Resorts (NASDAQ:FLL) had its price objective trimmed by Citizens Jmp from $3.00 to $2.00 in a report published on Friday,Benzinga reports. The firm currently has a market outperform rating on the stock.

Other equities research analysts have also recently issued reports about the company. Texas Capital cut Full House Resorts from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 2nd. Wall Street Zen raised Full House Resorts from a “sell” rating to a “hold” rating in a research report on Sunday, August 16th. Citigroup restated a “market outperform” rating on shares of Full House Resorts in a research note on Friday, August 7th. Finally, Weiss Ratings raised Full House Resorts from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, October 2nd. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $3.00.

Full House Resorts Stock Performance

NASDAQ:FLL traded down $0.10 during mid-day trading on Friday, reaching $0.62. 977,367 shares of the company’s stock were exchanged, compared to its average volume of 389,487. Full House Resorts has a one year low of $0.58 and a one year high of $3.37. The firm has a market capitalization of $22.57 million, a PE ratio of -0.59 and a beta of 1.53. The business’s fifty day simple moving average is $1.41 and its two-hundred day simple moving average is $2.21.

Full House Resorts (NASDAQ:FLL) last posted its quarterly earnings data on Thursday, November 5th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.07). Full House Resorts had a negative net margin of 12.06% and a negative return on equity of 473.31%. The business had revenue of $81.78 million during the quarter, compared to the consensus estimate of $81.90 million.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in Full House Resorts during the second quarter worth $1,814,000. Simplify Asset Management Inc. increased its stake in shares of Full House Resorts by 53.0% in the 3rd quarter. Simplify Asset Management Inc. now owns 607,500 shares of the company’s stock valued at $863,000 after purchasing an additional 210,500 shares during the last quarter. GSA Capital Partners LLP bought a new position in shares of Full House Resorts in the 2nd quarter valued at $237,000. AXQ Capital LP acquired a new position in shares of Full House Resorts during the 2nd quarter worth $64,000. Finally, Private Management Group Inc. raised its holdings in shares of Full House Resorts by 2.4% during the 3rd quarter. Private Management Group Inc. now owns 1,786,253 shares of the company’s stock worth $2,536,000 after buying an additional 42,412 shares in the last quarter. 37.68% of the stock is currently owned by institutional investors and hedge funds.

Full House Resorts Company Profile

Full House Resorts, Inc (NASDAQ:FLL) is a regional gaming and hospitality company that owns, operates, and manages casinos and related entertainment properties in the United States. Its properties typically offer casino gaming, hotel accommodations, restaurants, bars, live entertainment, and other amenities designed to serve local and destination visitors.

The company’s portfolio includes Chamonix Casino Hotel and Bronco Billy’s Casino in Cripple Creek, Colorado; Silver Slipper Casino Hotel in Bay St.