Predicting Future Price Moves In Gaming and Leisure Properties Inc (GLPI)

Gaming and Leisure Properties Inc (NASDAQ:GLPI) does about 1.17M shares in volume on a normal day but saw 1390869 shares change hands in Monday trading. The company now has a market cap of 12.23B USD. Its current market price is $45.03, marking an increase of 0.94% compared to the previous close of $44.61. The 52 week high reached by this stock is $50.06 whilst the lowest price level in 52 weeks is $41.80.

Gaming and Leisure Properties Inc (GLPI) has a 20-day trading average at $44.08 and the current price is -10.05% off the 52-week high compared with 7.73% distance from its 52-week low. The 50-day simple moving average of the closing price is $44.29 and its 200-day simple moving average is $45.48. If we look at the stock’s price movements over the week, volatility stands at 1.67%, which increases to 1.80% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 56.50 to suggest the stock is neutral.

The consensus objective for the share price is $52.10, suggesting that the stock has a potential upside of 13.57% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 14, 2023 when JP Morgan downgraded the stock to “Neutral” and issued a price target of $48. Mizuho also downgraded the stock to “Neutral” from Buy on December 11, 2023 at a price target of $50-$47. Goldman initiated its price target at $51.

Gaming and Leisure Properties Inc (GLPI) stock is down -0.40% over the week and 1.05% over the past month. Its price is -8.75% year-to-date and -4.90% over the past year.

To reach the target analysts have set, the stock logically needs to grow 13.57 percent from here.

The company has a return on investment of 6.84% and return on equity of 18.37%. The price to earnings ratio (P/E ratio) amounts to 16.60 while the forward price to earnings ratio is 15.12. The beta has a value of 1.00. Price to book ratio is 2.96 and price to sales ratio is 8.37.