VICI Properties Inc. [VICI] has traded in a range of $9.85 to $28.75 in the last 1 year. As of this writing, the stock is at $25.80, down -0.04%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, VICI shares are 1.61% up with the monthly amount drift of 10.92% and seems well in a long time frame.

On 18, November 2020, Caesars Entertainment and VICI Properties Complete Sale of Bally’s Atlantic City. According to news published on Yahoo Finance, Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars Entertainment” or “Caesars”) and VICI Properties Inc. (NYSE:VICI) (“VICI Properties” or “VICI”) today announced they have completed the previously disclosed transaction to sell Bally’s Atlantic City to Bally’s Corporation (NYSE: BALY), previously known as Twin River Worldwide Holdings Inc., for $25.0 million. The proceeds of the transaction were split 75% to VICI and 25% to Caesars, while the annual base rent payments under the Regional Master Lease between Caesars and VICI remain unchanged.

Analyst Birdseye View:

The most recent analyst activity for VICI Properties Inc. [NYSE:VICI] stock was on July 01, 2020, when it was Initiated with a Sector outperform rating from Scotiabank, which also raised its 12-month price target on the stock to $25. Before that, on November 12, 2020, Raymond James Recapitulated a Strong buy rating and elevated its amount target to $32. On June 24, 2020, Wolfe Research Initiated an Outperform rating. On February 20, 2020, Wells Fargo Resumed an Overweight rating and increased its price target to $32. On December 12, 2019, Citigroup Upgrade a Buy rating and increased its price target to $28. On August 26, 2019, Morgan Stanley Upgrade an Overweight rating and boosted its amount on this stock to $26. On July 01, 2019, Wells Fargo Upgrade an Outperform rating and boosted its target amount on this stock from $23 to $24.50. Jefferies elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $9.85 and a peak of $28.75. Right now, the middling Wall Street analyst 12-month amount mark is $27.00. At the most recent market close, shares of VICI Properties Inc. [NYSE:VICI] were valued at $25.80. According to the average price forecast, investors can expect a potential return of 0.41%.

FUNDAMENTAL ANALYSIS

VICI Properties Inc. [NYSE:VICI] most recently reported quarterly sales of 339.65 billion, which represented growth of 52.70%. This publicly-traded organization’s revenue is $6,391,414 per employee, while its income is $3,899,743 per employee. This company’s Gross Margin is currently 98.40%, its Operating Margin is 91.70%, its Pretax Margin is +62.14, and its Net Margin is +61.02. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 4.44, 7.39, 4.97 and 4.60 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 37.69 and the whole liability to whole assets at 36.32. It shows enduring liability to the whole principal at 37.69 and enduring liability to assets at 0.36 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 25.55 points at 1st support level, the second support level is making up to 25.29. But as of 1st resistance point, this stock is sitting at 26.31 and at 26.80 for 2nd resistance point.

VICI Properties Inc. [VICI] reported its earnings at $0.74 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.34/share signifying the difference of 0.4 and 117.60% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.47 calling estimates for $0.36/share with the difference of 0.11 depicting the surprise of 30.60%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 12.54, it’s amount to book ratio is 1.48 and showing 18.85 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by ABRAHAMSON JAMES R, Director, and it was the purchase of 5100.0 shares on Nov 10. ABRAHAMSON JAMES R, the Director, completed a purchase of 5000.0 shares on Sep 15. On Sep 14, ABRAHAMSON JAMES R, Director, completed a purchase of 5000.0 shares.