The stock price of Gaming and Leisure Properties Inc (NASDAQ: GLPI) has surged by 0.75 when compared to previous closing price of 50.54, but the company has seen a 0.14% gain in its stock price over the last five trading sessions. zacks.com reported 2024-09-12 that Investors interested in stocks from the REIT and Equity Trust – Other sector have probably already heard of Alpine Income (PINE) and Gaming and Leisure Properties (GLPI). But which of these two companies is the best option for those looking for undervalued stocks?
Is It Worth Investing in Gaming and Leisure Properties Inc (NASDAQ: GLPI) Right Now?
Gaming and Leisure Properties Inc (NASDAQ: GLPI) has a higher price-to-earnings ratio of 17.64x compared to its average ratio. GLPI has 36-month beta value of 1.02. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 6 as “hold,” and 1 as “sell.”
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The public float for GLPI is 262.33M, and currently, short sellers hold a 1.71% ratio of that float. The average trading volume of GLPI on September 27, 2024 was 1.32M shares.
GLPI’s Market Performance
GLPI’s stock has seen a 0.14% increase for the week, with a -0.22% drop in the past month and a 13.94% gain in the past quarter. The volatility ratio for the week is 1.13%, and the volatility levels for the past 30 days are at 1.41% for Gaming and Leisure Properties Inc The simple moving average for the last 20 days is -1.12% for GLPI stock, with a simple moving average of 9.19% for the last 200 days.
Analysts’ Opinion of GLPI
Many brokerage firms have already submitted their reports for GLPI stocks, with Wolfe Research repeating the rating for GLPI by listing it as a “Outperform.” The predicted price for GLPI in the upcoming period, according to Wolfe Research is $57 based on the research report published on August 23, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see GLPI reach a price target of $48. The rating they have provided for GLPI stocks is “Neutral” according to the report published on December 14th, 2023.
Mizuho gave a rating of “Neutral” to GLPI, setting the target price at $47 in the report published on December 11th of the previous year.
GLPI Trading at 1.34% 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 -3.18% of loss for the given period.
Volatility was left at 1.41%, however, over the last 30 days, the volatility rate increased by 1.13%, as shares sank -0.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.45% upper at present.
During the last 5 trading sessions, GLPI rose by +0.14%, which changed the moving average for the period of 200-days by +10.50% in comparison to the 20-day moving average, which settled at $51.49. In addition, Gaming and Leisure Properties Inc saw 3.18% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GLPI starting from Burke Desiree A., who sale 12,973 shares at the price of $52.02 back on Aug 30 ’24. After this action, Burke Desiree A. now owns 108,073 shares of Gaming and Leisure Properties Inc, valued at $674,855 using the latest closing price.
Burke Desiree A., the Officer of Gaming and Leisure Properties Inc, proposed sale 12,973 shares at $52.02 during a trade that took place back on Aug 30 ’24, which means that Burke Desiree A. is holding shares at $674,888 based on the most recent closing price.
Stock Fundamentals for GLPI
Current profitability levels for the company are sitting at:
- 0.78 for the present operating margin
- 0.84 for the gross margin
The net margin for Gaming and Leisure Properties Inc stands at 0.54. The total capital return value is set at 0.1. Equity return is now at value 19.72, with 6.82 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 1.6. The interest coverage ratio of the stock is 6.37.
Currently, EBITDA for the company is 1.36 billion with net debt to EBITDA at 5.11. When we switch over and look at the enterprise to sales, we see a ratio of 14.35. The receivables turnover for the company is 0.6for trailing twelve months and the total asset turnover is 0.12.
Conclusion
To put it simply, Gaming and Leisure Properties Inc (GLPI) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
