JMP Securities Issues Pessimistic Forecast for Full House Resorts (NASDAQ:FLL) Stock Price

Full House Resorts (NASDAQ:FLL) had its price objective cut by JMP Securities from $7.00 to $6.00 in a report issued on Thursday,Benzinga reports. They currently have a market outperform rating on the stock.

Separately, Craig Hallum raised Full House Resorts to a “strong-buy” rating in a research note on Wednesday, September 4th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Full House Resorts presently has a consensus rating of “Moderate Buy” and a consensus target price of $6.67.

Full House Resorts Stock Up 2.2 %

NASDAQ FLL traded up $0.11 during trading on Thursday, reaching $5.02. The company’s stock had a trading volume of 207,534 shares, compared to its average volume of 81,873. The business has a 50-day moving average price of $5.00 and a 200-day moving average price of $5.05. Full House Resorts has a 1-year low of $4.10 and a 1-year high of $5.98. The stock has a market capitalization of $178.71 million, a PE ratio of -4.25 and a beta of 1.99. The company has a current ratio of 0.81, a quick ratio of 0.78 and a debt-to-equity ratio of 7.88.

Insider Transactions at Full House Resorts

In other Full House Resorts news, Director Eric J. Green bought 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The stock was purchased at an average price of $5.14 per share, for a total transaction of $38,550.00. Following the purchase, the director now directly owns 178,523 shares in the company, valued at $917,608.22. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Daniel R. Lee sold 13,002 shares of Full House Resorts stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $4.96, for a total transaction of $64,489.92. Following the sale, the chief executive officer now directly owns 1,588,880 shares of the company’s stock, valued at $7,880,844.80. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Eric J. Green purchased 7,500 shares of the business’s stock in a transaction on Tuesday, August 13th. The stock was purchased at an average cost of $5.14 per share, with a total value of $38,550.00. Following the acquisition, the director now owns 178,523 shares in the company, valued at approximately $917,608.22. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders have sold 185,041 shares of company stock worth $924,473. Company insiders own 12.70% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. GSA Capital Partners LLP raised its position in Full House Resorts by 48.3% in the first quarter. GSA Capital Partners LLP now owns 170,321 shares of the company’s stock worth $949,000 after purchasing an additional 55,499 shares in the last quarter. Gamco Investors INC. ET AL lifted its position in shares of Full House Resorts by 7.4% during the 1st quarter. Gamco Investors INC. ET AL now owns 581,932 shares of the company’s stock worth $3,241,000 after buying an additional 40,032 shares during the period. Price T Rowe Associates Inc. MD bought a new stake in Full House Resorts in the first quarter valued at $57,000. Bank of New York Mellon Corp raised its stake in Full House Resorts by 13.2% during the second quarter. Bank of New York Mellon Corp now owns 96,749 shares of the company’s stock worth $484,000 after acquiring an additional 11,288 shares in the last quarter. Finally, Panagora Asset Management Inc. raised its stake in Full House Resorts by 107.6% during the second quarter. Panagora Asset Management Inc. now owns 36,855 shares of the company’s stock worth $184,000 after acquiring an additional 19,101 shares in the last quarter. 37.68% of the stock is owned by institutional investors.

About Full House Resorts

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.