Understanding the Recent Fluctuations of Gaming and Leisure Properties Inc’s (GLPI) Stock

The stock of Gaming and Leisure Properties Inc (GLPI) has gone up by 2.95% for the week, with a -0.53% drop in the past month and a 1.61% rise in the past quarter. The volatility ratio for the week is 1.79%, and the volatility levels for the past 30 days are 1.91% for GLPI. The simple moving average for the last 20 days is 1.29% for GLPI’s stock, with a simple moving average of 6.91% for the last 200 days.

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 17.66x compared to its average ratio, The 36-month beta value for GLPI is at 1.01. Analysts have varying views on the stock, with 10 analysts rating it as a “buy,” 5 rating it as “overweight,” 7 as “hold,” and 1 as “sell.”

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The public float for GLPI is 262.49M, and currently, shorts hold a 2.01% of that float. The average trading volume for GLPI on November 21, 2024 was 1.23M shares.

GLPI) stock’s latest price update

Gaming and Leisure Properties Inc (NASDAQ: GLPI) has experienced a rise in its stock price by 0.58 compared to its previous closing price of 50.25. However, the company has seen a gain of 2.95% in its stock price over the last five trading days. https://thefly.com reported 2024-11-13 that Mizuho analyst Haendel St. Juste lowered the firm’s price target on Gaming and Leisure Properties to $51 from $52 and keeps a Neutral rating on the shares as part of a broader research note. The firm is turning less constructive on Tripe Net REITs as expectations of higher inflation and a “higher for longer” rate environment should weigh on the sector’s investment spreads and growth potential, marking the end of the “pivot party”, the analyst tells investors in a research note.

Analysts’ Opinion of GLPI

Wolfe Research, on the other hand, stated in their research note that they expect to see GLPI reach a price target of $57. The rating they have provided for GLPI stocks is “Outperform” according to the report published on August 23rd, 2024.

JP Morgan gave a rating of “Neutral” to GLPI, setting the target price at $48 in the report published on December 14th of the previous year.

GLPI Trading at -0.13% 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 -3.91% of loss for the given period.

Volatility was left at 1.91%, however, over the last 30 days, the volatility rate increased by 1.79%, as shares sank -0.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.24% lower at present.

During the last 5 trading sessions, GLPI rose by +2.95%, which changed the moving average for the period of 200-days by +11.79% in comparison to the 20-day moving average, which settled at $49.90. In addition, Gaming and Leisure Properties Inc saw 2.41% 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 Urdang E Scott, who sale 3,000 shares at the price of $50.39 back on Nov 04 ’24. After this action, Urdang E Scott now owns 146,800 shares of Gaming and Leisure Properties Inc, valued at $151,170 using the latest closing price.

Urdang E Scott, the Director of Gaming and Leisure Properties Inc, sale 6,885 shares at $50.16 during a trade that took place back on Oct 29 ’24, which means that Urdang E Scott is holding 149,800 shares at $345,352 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
  • 0.85 for the gross margin

The net margin for Gaming and Leisure Properties Inc stands at 0.52. The total capital return value is set at 0.09. Equity return is now at value 18.95, with 6.51 for asset returns.

Based on Gaming and Leisure Properties Inc (GLPI), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 1.74. The interest coverage ratio of the stock is 3.2.

Currently, EBITDA for the company is 1.34 billion with net debt to EBITDA at 5.17. When we switch over and look at the enterprise to sales, we see a ratio of 13.93. The receivables turnover for the company is 0.61for trailing twelve months and the total asset turnover is 0.12.

Conclusion

In conclusion, Gaming and Leisure Properties Inc (GLPI) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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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