Full House Resorts, Inc. (NASDAQ:FLL - Get Free Report) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 1,340,000 shares, an increase of 25.2% from the January 31st total of 1,070,000 shares. Currently, 4.1% of the company's stock are short sold. Based on an average daily volume of 187,700 shares, the days-to-cover ratio is presently 7.1 days.
Full House Resorts Stock Performance
Shares of Full House Resorts stock traded up $0.12 during trading hours on Friday, reaching $4.27. 242,730 shares of the stock traded hands, compared to its average volume of 173,619. The company has a 50 day moving average price of $4.88 and a 200 day moving average price of $4.83. The firm has a market capitalization of $152.02 million, a price-to-earnings ratio of -3.62 and a beta of 1.98. Full House Resorts has a one year low of $3.77 and a one year high of $5.94. The company has a quick ratio of 0.83, a current ratio of 0.87 and a debt-to-equity ratio of 9.04.
Full House Resorts (NASDAQ:FLL - Get Free Report) last announced its quarterly earnings data on Thursday, March 6th. The company reported ($0.35) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.23) by ($0.12). The company had revenue of $72.96 million for the quarter, compared to the consensus estimate of $73.05 million. Full House Resorts had a negative net margin of 14.64% and a negative return on equity of 66.86%.
Wall Street Analyst Weigh In
Separately, JMP Securities restated a "market outperform" rating and set a $6.00 price target on shares of Full House Resorts in a research note on Monday, January 27th.
View Our Latest Analysis on FLL
Insider Transactions at Full House Resorts
In other Full House Resorts news, Director Kathleen M. Caracciolo sold 8,900 shares of the business's stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $4.43, for a total value of $39,427.00. Following the completion of the transaction, the director now owns 40,997 shares of the company's stock, valued at approximately $181,616.71. The trade was a 17.84 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Lewis A. Fanger sold 104,992 shares of the business's stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $4.62, for a total value of $485,063.04. Following the completion of the transaction, the chief financial officer now directly owns 254,658 shares of the company's stock, valued at approximately $1,176,519.96. This trade represents a 29.19 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 123,905 shares of company stock valued at $574,061 in the last quarter. 12.70% of the stock is owned by insiders.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. R Squared Ltd bought a new position in shares of Full House Resorts during the 4th quarter valued at approximately $26,000. Bfsg LLC lifted its holdings in Full House Resorts by 156.7% in the 4th quarter. Bfsg LLC now owns 11,090 shares of the company's stock worth $45,000 after purchasing an additional 6,770 shares in the last quarter. Squarepoint Ops LLC purchased a new position in Full House Resorts in the 4th quarter worth approximately $46,000. XTX Topco Ltd purchased a new position in Full House Resorts in the 4th quarter worth approximately $49,000. Finally, KG&L Capital Management LLC purchased a new position in Full House Resorts in the 3rd quarter worth approximately $50,000. 37.68% of the stock is currently owned by institutional investors.
Full House Resorts Company Profile
(
Get Free Report)
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.
See Also
Before you consider Full House Resorts, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Full House Resorts wasn't on the list.
While Full House Resorts currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
