Market Analysts see Gaming and Leisure Properties Inc. [GLPI] gaining to $54. Time to buy?

Gaming and Leisure Properties Inc. [NASDAQ: GLPI] surged by $0.64 during the normal trading session on Thursday and reaching a high of $52.87 during the day while it closed the day at $52.68. The company report on July 28, 2022 that Gaming and Leisure Properties, Inc. Reports Second Quarter 2022 Results and Initiates 2022 Full Year AFFO Guidance.


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Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced financial results for the quarter ended June 30, 2022.

Gaming and Leisure Properties Inc. stock has also gained 2.31% of its value over the past 7 days. However, GLPI stock has inclined by 18.41% in the 3 months of the year. Over the past six months meanwhile, it has gained 17.41% and gained 8.26% year-on date.

The market cap for GLPI stock reached $13.31 billion, with 247.54 million shares outstanding and 244.00 million shares in the current float. Compared to the average trading volume of 1.42M shares, GLPI reached a trading volume of 2185777 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Gaming and Leisure Properties Inc. [GLPI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GLPI shares is $54.72 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GLPI stock is a recommendation set at 2.00. 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.

Berenberg have made an estimate for Gaming and Leisure Properties Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 20, 2022. While these analysts kept the previous recommendation, Truist dropped their target price from $57 to $51. The new note on the price target was released on January 13, 2022, representing the official price target for Gaming and Leisure Properties Inc. stock.

The Average True Range (ATR) for Gaming and Leisure Properties Inc. is set at 0.83, with the Price to Sales ratio for GLPI stock in the period of the last 12 months amounting to 10.75. The Price to Book ratio for the last quarter was 4.19, with the Price to Cash per share for the same quarter was set at 0.02. Price to Free Cash Flow for GLPI in the course of the last twelve months was 86.73.

GLPI stock trade performance evaluation

Gaming and Leisure Properties Inc. [GLPI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.31. With this latest performance, GLPI shares gained by 4.48% in over the last four-week period, additionally plugging by 17.41% over the last 6 months – not to mention a rise of 10.78% 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 GLPI stock in for the last two-week period is set at 64.75, with the RSI for the last a single of trading hit 65.56, and the three-weeks RSI is set at 63.52 for Gaming and Leisure Properties Inc. [GLPI]. The present Moving Average for the last 50 days of trading for this stock 48.74, while it was recorded at 52.37 for the last single week of trading, and 46.52 for the last 200 days.

Gaming and Leisure Properties Inc. [GLPI]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Gaming and Leisure Properties Inc. [GLPI] shares currently have an operating margin of +67.42 and a Gross Margin at +74.41. Gaming and Leisure Properties Inc.’s Net Margin is presently recorded at +43.88.

Return on Equity for this stock inclined to 18.21, with Return on Assets sitting at 5.41.

Earnings per share (EPS) analysis for Gaming and Leisure Properties Inc. [GLPI] stock

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 GLPI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Gaming and Leisure Properties Inc. go to 9.30%.

Gaming and Leisure Properties Inc. [GLPI]: Insider Ownership positions

There are presently around $11,949 million, or 88.20% of GLPI stock, in the hands of institutional investors. The top three institutional holders of GLPI stocks are: VANGUARD GROUP INC with ownership of 34,315,353, which is approximately 0.282% of the company’s market cap and around 2.30% of the total institutional ownership; CAPITAL INTERNATIONAL INVESTORS, holding 18,830,613 shares of the stock with an approximate value of $992.0 million in GLPI stocks shares; and BLACKROCK INC., currently with $825.18 million in GLPI stock with ownership of nearly -4.042% of the company’s market capitalization.

Positions in Gaming and Leisure Properties Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 230 institutional holders increased their position in Gaming and Leisure Properties Inc. [NASDAQ:GLPI] by around 22,731,653 shares. Additionally, 173 investors decreased positions by around 16,311,530 shares, while 74 investors held positions by with 187,776,590 shares. The mentioned changes placed institutional holdings at 226,819,773 shares, according to the latest SEC report filing. GLPI stock had 66 new institutional investments in for a total of 5,511,734 shares, while 38 institutional investors sold positions of 5,122,233 shares during the same period.

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