VICI Properties Inc. [NYSE: VICI] price plunged by -1.98 percent to reach at -$0.62. The company report on April 30, 2021 that VICI Properties Inc. Announces First Quarter 2021 Results.
– Announces Record Revenue Growth of 46.8% -.
– Reaffirms Guidance for Full Year 2021 -.
A sum of 6209911 shares traded at recent session while its average daily volume was at 5.81M shares. VICI Properties Inc. shares reached a high of $31.085 and dropped to a low of $30.42 until finishing in the latest session at $30.66.
The one-year VICI stock forecast points to a potential upside of 7.98. The average equity rating for VICI stock is currently 1.80, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on VICI Properties Inc. [VICI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VICI shares is $33.32 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VICI stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Evercore ISI have made an estimate for VICI Properties Inc. shares, keeping their opinion on the stock as In-line, with their previous recommendation back on May 05, 2021. While these analysts kept the previous recommendation, Morgan Stanley raised their target price from $28 to $33. The new note on the price target was released on May 03, 2021, representing the official price target for VICI Properties Inc. stock.
The Average True Range (ATR) for VICI Properties Inc. is set at 0.61, with the Price to Sales ratio for VICI stock in the period of the last 12 months amounting to 12.04. The Price to Book ratio for the last quarter was 1.73, with the Price to Cash per share for the same quarter was set at 0.61.
VICI Stock Performance Analysis:
VICI Properties Inc. [VICI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.25. With this latest performance, VICI shares gained by 7.05% in over the last four-week period, additionally plugging by 27.86% over the last 6 months – not to mention a rise of 83.59% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VICI stock in for the last two-week period is set at 52.58, with the RSI for the last a single of trading hit 46.21, and the three-weeks RSI is set at 55.44 for VICI Properties Inc. [VICI]. The present Moving Average for the last 50 days of trading for this stock 29.42, while it was recorded at 31.08 for the last single week of trading, and 25.89 for the last 200 days.
Insight into VICI Properties Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and VICI Properties Inc. [VICI] shares currently have an operating margin of +73.81 and a Gross Margin at +96.97. VICI Properties Inc.’s Net Margin is presently recorded at +72.76.
Return on Total Capital for VICI is now 6.15, given the latest momentum, and Return on Invested Capital for the company is 6.09. Return on Equity for this stock inclined to 10.26, with Return on Assets sitting at 5.88. When it comes to the capital structure of this company, VICI Properties Inc. [VICI] has a Total Debt to Total Equity ratio set at 75.06. Additionally, VICI Total Debt to Total Capital is recorded at 42.88, with Total Debt to Total Assets ending up at 41.42. Long-Term Debt to Equity for the company is recorded at 75.06, with the Long-Term Debt to Total Capital now at 42.88.
Reflecting on the efficiency of the workforce at the company, VICI Properties Inc. [VICI] managed to generate an average of $6,065,810 per employee. Receivables Turnover for the company is 0.91 with a Total Asset Turnover recorded at a value of 0.08.
VICI Stock EPS
With the latest financial reports released by the company, VICI Properties Inc. posted 0.47/share EPS, while the average EPS was predicted by analysts to be reported at 0.36/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 30.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VICI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for VICI Properties Inc. go to 9.90%.
VICI Properties Inc. [VICI] Insider Position Details
There are presently around $17,637 million, in the hands of institutional investors. The top three institutional holders of VICI stocks are: VANGUARD GROUP INC with ownership of 74,549,332, which is approximately 18.303% of the company’s market cap and around 0.20% of the total institutional ownership; COHEN & STEERS, INC., holding 55,106,893 shares of the stock with an approximate value of $1.69 billion in VICI stocks shares; and BLACKROCK INC., currently with $1.5 billion in VICI stock with ownership of nearly 5.385% of the company’s market capitalization.
Positions in VICI Properties Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 236 institutional holders increased their position in VICI Properties Inc. [NYSE:VICI] by around 60,286,465 shares. Additionally, 173 investors decreased positions by around 65,319,184 shares, while 29 investors held positions by with 449,647,034 shares. The mentioned changes placed institutional holdings at 575,252,683 shares, according to the latest SEC report filing. VICI stock had 72 new institutional investments in for a total of 6,593,511 shares, while 39 institutional investors sold positions of 7,410,758 shares during the same period.