The stock of Global Net Lease Inc. (NYSE:GNL) increased by $0.01 on Friday to finish at $10.72, up 0.09 percent. The last five days have seen an average of 940,300 shares of common stock traded. 14 times new highs were reached in the current year, with a fall of -$1.85. The average number of shares traded over the last 20 days was 1,047,795, while the average volume over the last 50 days totaled 1,095,756.
GNL stock dropped -1.92% since last month. On 08/21/23, the company’s shares reached a one-month low of $10.37. The stock touched a high of $15.28 on 02/02/23, after rallying from a low of $8.84 in 52 weeks. The price of GNL stock has declined by -14.72% or -$1.85 this year, reaching a new high 14 times. Still, the stock price is down -29.84% from the 52-week high.
Valuation Metrics
Beta for the stock is 1.21. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.97, the price-to-book (PB) ratio of 0.84, and the price-to-cash flow ratio of 26.26.
Company paid $0.40 per share in dividends, remained unchanged from $0.40 last year. A $0.1330 dividend decrease was reported on Wednesday April 1 2020.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending March 30 is 1.89, and the total debt to equity ratio is 1.89. As far as profitability goes, gross margin for the trailing twelve months is 80.10% percent. Global Net Lease Inc.’s operating margin stood at 22.70% for the same period. Based on annual data, it had gross profit of $100.54 million and revenue of $378.86 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. GNL’s return on assets (ROA) during the last 12 months has been -1.20%. There was a 2.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -3.30%.
Earnings Surprise
According to Global Net Lease Inc.’s quarterly financial report for the quarter that ended March 30. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $95.84 million, while revenues rose by 0.69% to $94.33 million. It was predicted that Global Net Lease Inc.’s quarterly earnings would be -$0.06, but it ended up being -$0.02. EBITDA was $45.84 million for the quarter. At the end of Global Net Lease Inc.’s most recent quarter ended March 30, its total debt was $2.55 billion. Equity owned by shareholders amounts to $104.43 million.
Technical Picture
Here’s a quick look at Global Net Lease Inc.’s (GNL) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 47.29%, suggesting the stock is Neutral, with a 20.61% historical volatility rate.
The stochastic %K and %D were 34.73% and 31.45% respectively, while the average true range (ATR) was 0.28. Based on the 14-day stochastic reading of 34.40%, the RSI (14) reading is 48.31%. On the 9-day MACD Oscillator, the stock is at 0.05, and the 14-day reading is at -0.10.
Analyst Ratings
In its analyst report released on March 16, 2023, Exane BNP Paribas began covering Global Net Lease Inc. (NYSE: GNL). The stock was rated as an Underperform by the brokerage firm. Analysts have assigned Global Net Lease Inc. (GNL) an Overweight rating. GNL is a stock that is recommended for selling by 1 brokerage firm, while 1 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 3 others recommend it as a buy.
What is GNL’s price target for the next 12 months?
The current consensus forecast for the stock is between $11.00 and $19.00, with a median target price of $13.50. In analyzing these forecasts, the average price target given by analysts for Global Net Lease Inc. (GNL) is $14.25.
