As of Thursday close, Global Net Lease Inc.’s (NYSE:GNL) stock was down -$0.5, moving down -4.66 percent to $10.23. The average number of shares traded per day over the past five days has been 3,134,120 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.19 fall in that time frame. In the last twenty days, the average volume was 3,725,970, while in the previous 50 days, it was 2,121,628.
Since last month, GNL stock retreated -4.21%. Shares of the company fell to $10.19 on 09/21/23, the lowest level in the past month. A 52-week high of $15.28 was reached on 02/02/23 after having rallying from a 52-week low of $8.84. Since the beginning of this year, GNL’s stock price has dropped by -18.62% or -$2.34, and marked a new high 14 times. However, the stock has declined by -33.05% since its 52-week high.
Valuation Metrics
The stock’s beta is 1.22. Besides these, the trailing price-to-sales (P/S) ratio of 6.29, the price-to-book (PB) ratio of 0.80, and the price-to-cash flow ratio of 55.60 may also be considered.
The latest dividend of $0.40 per share was paid out, remained unchanged from last year’s $0.40. On Wednesday April 1 2020, a $0.1330 dividend decrease was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 1.89, and the total debt-to-equity ratio was 1.89. On the profitability front, the trailing twelve-month gross margin is 80.10% percent. In the year ended March 30, operating margins totaled 22.70%. Based on annual data, GNL earned $100.54 million in gross profit and brought in $378.86 million 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 2.30%. Return on equity (ROE) for the past 12 months was -3.30%.
In Global Net Lease Inc.’s quarter-end financial report for March 30, it reported total debt of $995.18 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. GNL’s revenue rose 0.69% to $94.33 million during the quarter, while net income inched up to $95.84 million. While analysts expected Global Net Lease Inc. to report -$0.02 quarterly earnings, the actual figure was -$0.06 per share. During the quarter, the company generated $45.84 million in EBITDA. The value of shareholders’ equity is $104.43 million.
Technical Picture
This quick technical analysis looks at Global Net Lease Inc.’s (GNL) price momentum. With a historical volatility rate of 39.80%, the RSI 9-day stood at 31.53% on 21 September.
With respect to its five-day moving average, the current Global Net Lease Inc. price is down by -10.42% percent or -$1.19. At present, GNL shares trade -4.75% below its 20-day simple moving average and -9.15% percent below its 100-day simple moving average. However, the stock is currently trading approximately -5.28% below its SMA50 and -24.67% below its SMA200.
Stochastic coefficient K was 11.78% and Stochastic coefficient D was 19.65%, while ATR was 0.40. Given the Stochastic reading of 2.53% for the 14-day period, the RSI (14) reading has been calculated as 37.23%. As of today, the MACD Oscillator reading stands at -0.36, while the 14-day reading stands at -0.38.
Analyst Ratings
Exane BNP Paribas launched its rating on Global Net Lease Inc. (NYSE: GNL) to an Underperform in a note to investors on March 16, 2023. Global Net Lease Inc. (GNL) has been rated Overweight by analysts. According to 1 brokerage firm, GNL is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Global Net Lease Inc. stock as buy, with 3 recommending it as overweight.
With a median target price of $13.50, the current consensus forecast for the stock is $11.00 – $15.00. Based on these forecasts, analysts predict Global Net Lease Inc. (GNL) will achieve an average price target of $13.25.
