Gaming and Leisure Properties Inc (GLPI) Stock: What the Analysts are Saying

Gaming and Leisure Properties Inc (NASDAQ: GLPI) has a price-to-earnings ratio that is above its average at 17.90x. The stock has a 36-month beta value of 1.01. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 1 as “overweight,” 6 as “hold,” and 1 as “sell.”

The public float for GLPI is 259.74M, and at present, short sellers hold a 1.80% of that float. On July 25, 2024, the average trading volume of GLPI was 1.24M shares.

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GLPI) stock’s latest price update

Gaming and Leisure Properties Inc (NASDAQ: GLPI)’s stock price has gone decline by -0.67 in comparison to its previous close of 48.89, however, the company has experienced a -1.34% decrease in its stock price over the last five trading days. 247wallst.com reported 2024-07-15 that 24/7 Insights Quality dividend stocks could outperform over the next year.

GLPI’s Market Performance

GLPI’s stock has fallen by -1.34% in the past week, with a monthly rise of 9.17% and a quarterly rise of 11.53%. The volatility ratio for the week is 1.75% while the volatility levels for the last 30 days are 1.83% for Gaming and Leisure Properties Inc. The simple moving average for the past 20 days is 4.91% for GLPI’s stock, with a 6.51% simple moving average for the past 200 days.

Analysts’ Opinion of GLPI

Many brokerage firms have already submitted their reports for GLPI stocks, with JP Morgan repeating the rating for GLPI by listing it as a “Neutral.” The predicted price for GLPI in the upcoming period, according to JP Morgan is $48 based on the research report published on December 14, 2023 of the previous year 2023.

Mizuho, on the other hand, stated in their research note that they expect to see GLPI reach a price target of $47, previously predicting the price at $50. The rating they have provided for GLPI stocks is “Neutral” according to the report published on December 11th, 2023.

Goldman gave a rating of “Neutral” to GLPI, setting the target price at $51 in the report published on December 08th of the previous year.

GLPI Trading at 7.29% from the 50-Day Moving Average

After a stumble in the market that brought GLPI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.00% of loss for the given period.

Volatility was left at 1.83%, however, over the last 30 days, the volatility rate increased by 1.75%, as shares surge +10.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.69% upper at present.

During the last 5 trading sessions, GLPI fell by -1.34%, which changed the moving average for the period of 200-days by +6.96% in comparison to the 20-day moving average, which settled at $46.52. In addition, Gaming and Leisure Properties Inc saw -1.60% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at GLPI starting from Urdang E Scott, who purchase 2,500 shares at the price of $45.00 back on Mar 01 ’24. After this action, Urdang E Scott now owns 156,685 shares of Gaming and Leisure Properties Inc, valued at $112,500 using the latest closing price.

Moore Brandon John, the COO, Gen Counsel & Sec of Gaming and Leisure Properties Inc, sale 26,623 shares at $48.89 during a trade that took place back on Jan 04 ’24, which means that Moore Brandon John is holding 242,414 shares at $1,301,598 based on the most recent closing price.

Stock Fundamentals for GLPI

Current profitability levels for the company are sitting at:

  • 0.75 for the present operating margin
  • 0.88 for the gross margin

The net margin for Gaming and Leisure Properties Inc stands at 0.51. The total capital return value is set at 0.09. Equity return is now at value 18.37, with 6.33 for asset returns.

Based on Gaming and Leisure Properties Inc (GLPI), the company’s capital structure generated 0.62 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 1.61. The interest coverage ratio of the stock is 6.3.

Currently, EBITDA for the company is 1.36 billion with net debt to EBITDA at 5.24. When we switch over and look at the enterprise to sales, we see a ratio of 13.95. The receivables turnover for the company is 0.64for trailing twelve months and the total asset turnover is 0.12.

Conclusion

To sum up, Gaming and Leisure Properties Inc (GLPI) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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