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Gaming and Leisure Properties Inc. (NASDAQ:GLPI): The Fundamentals Have Changed

Gaming and Leisure Properties Inc. (NASDAQ:GLPI) shares fell to a low of $44.97 before closing at $45.32. Intraday shares traded counted 0.72 million, which was 39.08% higher than its 30-day average trading volume of 1.18M. GLPI’s previous close was $45.83 while the outstanding shares total 232.78M. The firm has a beta of 1.04, a 12-month trailing P/E ratio of 18.92, and a growth ratio of 4.41. The stock’s Relative Strength Index (RSI) is 49.61, with weekly volatility at 1.75% and ATR at 0.99. The GLPI stock’s 52-week price range has touched low of $29.59 and a $47.50 high. The stock traded lower over the last trading session, losing -1.11% on 05/19/21.

Investors have identified the REIT – Specialty company Gaming and Leisure Properties Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $10.29 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Gaming and Leisure Properties Inc. (GLPI) Fundamentals that are to be considered.

GLPI were able to record 204.16 million as free cash flow during the 08/11/2021 quarter of the year, this saw their quarterly net cash flow reduce by 34.29 million. In cash movements, the company had a total of 205.21 million as operating cash flow.

Potential earnings growth for Gaming and Leisure Properties Inc. (GLPI)

In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/11/2021 quarter of the year, Gaming and Leisure Properties Inc. recorded a total of 301.54 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 5.99% coming in sequential stages and their sales for the 08/11/2021 quarter increasing by 0.46%.

What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 101.44 million trying to sell their products during the last quarter, with the result yielding a gross income of 200.1 million. This allows shareholders to hold on to 232.78M with the recently reported earning now reading 0.55 cents per share. This is a figure that compared to analyst’s prediction for their 08/11/2021 (0.84 cents a share).

Having a look at the company’s valuation, the company is expected to record 3.40 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on GLPI sounds very interesting.

Is the stock of GLPI attractive?

In related news, Director, Urdang E Scott bought 1,000 shares of the company’s stock in a transaction that recorded on May 06. The purchase was performed at an average price of 46.21, for a total value of 46,210. As the purchase deal closes, the SVP, Chief Investment Officer, Demchyk Matthew now sold 20,178 shares of the company’s stock, valued at 899,333. Also, SVP Chief Development Officer, Ladany Steven sold 9,450 shares of the company’s stock in a deal that was recorded on Mar 15. The shares were cost at an average price of 44.02 per share, with a total market value of 415,989. Following this completion of disposal, the SVP Chief Development Officer, Ladany Steven now holds 6,000 shares of the company’s stock, valued at 247,020. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.60%.

16 out of 18 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Gaming and Leisure Properties Inc.. 0 analysts has assigned a Sell rating on the GLPI stock. The 12-month mean consensus price target for the company’s shares has been set at $50.08.

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