As of Wednesday close, VICI Properties Inc.’s (NYSE:VICI) stock was up $0.1, moving up 0.32 percent to $30.98. The average number of shares traded per day over the past five days has been 3,743,060 shares. 3 times new highs have been achieved over the past 5 days, with a $0.37 gain in that time frame. In the last twenty days, the average volume was 3,700,505, while in the previous 50 days, it was 4,957,436.
Since last month, VICI stock retreated -2.09%. Shares of the company fell to $29.46 on 08/18/23, the lowest level in the past month. A 52-week high of $35.07 was reached on 02/02/23 after having rallying from a 52-week low of $29.29. Since the beginning of this year, VICI’s stock price has dropped by -4.38% or -$1.42, and marked a new high 7 times. However, the stock has declined by -11.66% since its 52-week high.
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Valuation Metrics
Right now, VICI Properties Inc. (VICI) has a P/E ratio of about 14.28. The stock’s beta is 0.95. Besides these, the trailing price-to-sales (P/S) ratio of 9.47, the price-to-book (PB) ratio of 1.32, and the price-to-cash flow ratio of 20.50 may also be considered.
The latest dividend of $0.39 per share was paid out, remained unchanged from last year’s $0.39. On Thursday September 8 2022, a $0.03 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.73, and the total debt-to-equity ratio was 0.73. On the profitability front, the trailing twelve-month gross margin is 99.30% percent. In the year ended June 29, operating margins totaled 86.80%. Based on annual data, VICI earned $1.61 billion in gross profit and brought in $2.6 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 4.40%. Return on equity (ROE) for the past 12 months was 9.50%.
In VICI Properties Inc.’s quarter-end financial report for June 29, it reported total debt of $16.62 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. VICI’s revenue rose 26.22% to $877.65 million during the quarter, while net income inched up to $898.16 million. While analysts expected VICI Properties Inc. to report $0.62 quarterly earnings, the actual figure was $0.69 per share, beating the consensus estimate by 11.30%. During the quarter, the company generated $909.29 million in EBITDA. The value of shareholders’ equity is $1.01 billion.
Technical Picture
This quick technical analysis looks at VICI Properties Inc.’s (VICI) price momentum. With a historical volatility rate of 12.69%, the RSI 9-day stood at 57.92% on 30 August.
With respect to its five-day moving average, the current VICI Properties Inc. price is up by +1.21% percent or $0.37. At present, VICI shares trade -1.12% below its 20-day simple moving average and -4.15% percent below its 100-day simple moving average. However, the stock is currently trading approximately -2.91% below its SMA50 and -5.03% below its SMA200.
Stochastic coefficient K was 71.25% and Stochastic coefficient D was 58.76%, while ATR was 0.46. Given the Stochastic reading of 91.84% for the 14-day period, the RSI (14) reading has been calculated as 52.02%. As of today, the MACD Oscillator reading stands at 0.40, while the 14-day reading stands at 0.49.
Analyst Ratings
VICI Properties Inc. downgraded its rating on VICI Properties Inc. (NYSE: VICI) to a Hold in a note to investors on July 05, 2023. The analysts firm previously had a Buy rating on the stock.VICI Properties Inc. (VICI) has been rated Buy by analysts. According to 0 brokerage firms, VICI is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 4 analysts rate VICI Properties Inc. stock as buy, with 15 recommending it as overweight.
With a median target price of $37.00, the current consensus forecast for the stock is $32.00 – $43.00. Based on these forecasts, analysts predict VICI Properties Inc. (VICI) will achieve an average price target of $37.48.
