GLPI stock: buy or sell?

GLPI stock price: $49.56 1.25% At close on February 14th, 2020

Updated on:
February 14th, 2020

5

Gaming and Leisure Properties reached new all time highs again on February/14, setting highs to $49.64. Shares ended at $49.56 and raised 1.25%.

GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.

Should I buy GLPI stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

These 2 buy setups are elegible for Gaming and Leisure Properties stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Gaming and Leisure Properties stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't find any rating for GLPI stock for the last month.

GLPI stock analysis

Daily outlook

Gaming and Leisure Properties raised 1.25% to $49.56 after marking all time highs on February 14th.

Gaming and Leisure Properties shares raised 1.25% on February/14 and topped a new all time high at $49.64. From a daily perspective, GLPI is in a short term uptrend after plotting its last bottom ($47.11, on February/5) higher than the previous bottom, and its last top ($49.26, on Wednesday) also over the previous top. Now trading in between its last bottom and last top GLPI might consolidate in a plain range, waiting to break out over $49.26 or down under $47.11. Since October when SMA50d and SMA100d crossed up, GLPI price gained $11.40 per share (29.87%). On October GLPI price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock.

GLPI stock chart (daily)

Weekly outlook

Gaming and Leisure Properties topped new all time highs back again this week, setting highs to $49.64. Shares ended at $49.56 and rose 4.10% during the week. For 5 weeks in a row, price soared and marked a profit of 13.41%.

GLPI shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom early December, GLPI climbed unceasignly breaking out to new all time highs. By mid October 2019, SMA10w and SMA20w crossed up triggering a rise of 30.59%. Late September 2019 GLPI price bounced up over the SMA of 20 weeks that acted as support stopping new slides.

GLPI stock chart (weekly)

GLPI stock price history

GLPI IPO was on October 14th, 2013 at $20.07 per share1. Since then, GLPI stock surged a 146.90%, with an average of 24.50% per year. If you had invested $1,000 in GLPI stock in 2013, it would worth $1,469.00 today.

1: Adjusted price after possible price splits or reverse-splits.

GLPI stock historical price chart

GLPI stock reached all-time highs on Feb 14th with a price of $49.64.

GLPI stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price prediction for Gaming and Leisure Properties stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, Gaming and Leisure Properties was in line with the estimates of the analysts and posted an EPS of $0.84 per share. As soon as we get its actual EPS from the earnings report, we will extend this review.
GLPI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.44n/a
2017-Q2-n/a0.45n/a
2017-Q32017-10-260.450.450.0%
2017-Q42018-02-080.450.43-4.4%
2018-Q12018-04-250.760.793.9%
2018-Q22018-08-010.770.792.6%
2018-Q32018-11-010.750.761.3%
2018-Q42019-02-130.820.842.4%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw a more than good gain of 8.69% to $1,055.73 million dollars. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) fell a -7.02% to 32.16%.

GLPI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$235 M-$15 M6.3%-
2014$636 M170.10%$185 M29.2%1,152.59%
2015$575 M-9.58%$128 M22.3%-30.89%
2016$828 M44.03%$289 M34.9%125.80%
2017$971 M17.27%$381 M39.2%31.56%
2018$1,056 M8.69%$340 M32.2%-10.79%

Quarterly financial results

Gaming and Leisure Properties reported $303.32 M in sales for 2018-Q4, a 19.35% up compared to previous quarter. Reported quarter earnings marked $45.93 million with a profit margin of 15.14%. Profit margin collapsed a -26.10% compared to previous quarter when profit margin was 41.24%. When comparing sales to same quarter last year, Gaming and Leisure Properties sales marked an amazing increase and climbed a 26.02%.
GLPI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$243 M-$94 M38.7%-
2017-Q2$243 M0.28%$96 M39.5%2.52%
2017-Q3$245 M0.46%$97 M39.7%0.87%
2017-Q4$241 M-1.56%$93 M38.7%-3.87%
2018-Q1$244 M1.39%$97 M39.7%3.77%
2018-Q2$254 M4.17%$92 M36.2%-4.93%
2018-Q3$254 M-0.03%$105 M41.2%13.93%
2018-Q4$303 M19.35%$46 M15.1%-56.18%

Gaming and Leisure Properties ownership

When you are planning to buy a stock, it's always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Gaming and Leisure Properties, 6.08% of all outstanding shares are owned by its staff.

Bearish positions for GLPI stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related stocks:

GLPI
Market cap$10.6 B
Total shares214.7 M
Float shares202.0 M
  - Institutional holdings (%)89.3%
  - Insider holdings (%)6.1%
Shares in short selling0.0%

GLPI summary

Friday, February 14th, 2020
Open$49.19
Close$49.56
Day range$49.00 - $49.64
Previous close$48.95
Session gain1.25%
Average true range$0.65
50d mov avg$44.60
100d mov avg$42.10
200d mov avg$39.81
Daily patternlt06a
Weekly pattern lb03c

Gaming and Leisure Properties performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Gaming and Leisure Properties performance to :
Stock3m6m12m
GLPIGaming and Leisur...18.23%36.87%42.91%

Gaming and Leisure Properties competitors

Unfortunately, we could not find any public company that could be defined as Gaming and Leisure Properties competitor. This doesn't mean Gaming and Leisure Properties does not have any competitor in the market, it's just we could not detected it.