Gaming and Leisure Properties Inc (GLPI) average volume reaches $1.17M: Is Wall Street expecting a rally?

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On Tuesday, Gaming and Leisure Properties Inc (NASDAQ: GLPI) was -0.54% drop from the session before settling in for the closing price of $44.14. A 52-week range for GLPI has been $41.80 – $50.06.

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During the last 5-year period, the sales growth of Real Estate Sector giant was 6.47%. When this article was written, the company’s average yearly earnings per share was at 2.49%. With a float of $259.74 million, this company’s outstanding shares have now reached $270.92 million.

Let’s determine the extent of company efficiency that accounts for 18 employees.

Gaming and Leisure Properties Inc (GLPI) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Gaming and Leisure Properties Inc stocks. The insider ownership of Gaming and Leisure Properties Inc is 4.33%, while institutional ownership is 91.44%. The most recent insider transaction that took place on Mar 01 ’24, was worth 112,500. In this transaction Director of this company bought 2,500 shares at a rate of $45.00, taking the stock ownership to the 156,685 shares. Before that another transaction happened on Jan 04 ’24, when Company’s COO, Gen Counsel & Sec sold 26,623 for $48.89, making the entire transaction worth $1,301,598. This insider now owns 242,414 shares in total.

Gaming and Leisure Properties Inc (GLPI) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 3/31/2024, it has been observed that the corporation posted 0.59 earnings per share (EPS) during the time that was less than consensus figure (set at 0.7) by -0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.73 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.83% during the next five years compared to 11.88% growth over the previous five years of trading.

Gaming and Leisure Properties Inc (NASDAQ: GLPI) Trading Performance Indicators

You can see what Gaming and Leisure Properties Inc (GLPI) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.16. Likewise, its price to free cash flow for the trailing twelve months is 12.06.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.71, a number that is poised to hit 0.72 in the next quarter and is forecasted to reach 2.98 in one year’s time.

Technical Analysis of Gaming and Leisure Properties Inc (GLPI)

Looking closely at Gaming and Leisure Properties Inc (NASDAQ: GLPI), its last 5-days average volume was 1.17 million, which is a drop from its year-to-date volume of 1.33 million. As of the previous 9 days, the stock’s Stochastic %D was 36.09%. Additionally, its Average True Range was 0.81.

During the past 100 days, Gaming and Leisure Properties Inc’s (GLPI) raw stochastic average was set at 42.00%, which indicates a significant increase from 26.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.53% in the past 14 days, which was lower than the 19.24% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $44.22, while its 200-day Moving Average is $45.53. However, in the short run, Gaming and Leisure Properties Inc’s stock first resistance to watch stands at $44.17. Second resistance stands at $44.43. The third major resistance level sits at $44.58. If the price goes on to break the first support level at $43.76, it is likely to go to the next support level at $43.61. Should the price break the second support level, the third support level stands at $43.35.

Gaming and Leisure Properties Inc (NASDAQ: GLPI) Key Stats

There are 271,501K outstanding shares of the company, which has a market capitalization of 11.92 billion. As of now, sales total 1,440 M while income totals 734,280 K. Its latest quarter income was 375,960 K while its last quarter net income were 174,460 K.