What Does Shorts Really Think About VICI Properties Inc. (VICI)?

VICI Properties Inc. (VICI) will probably climb 12.13 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $29price as 12-month high target. This represents a whopping 34.82 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $24, which represents a return potential of 11.58 percent when compared to the closing price of the stock of $21.51 on Tuesday, January 29. The lowest price target for the stock is $21 — slightly more than -2.37 percent from VICI’s current share price.

The stock is currently hovering around the first support level of $21.39. Below this, the next support is placed in the zone of $21.27. Till the time, the VICI stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 66.89 on daily chart, which may remain a cause for concern. If the price breaks below $21.27 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $21.62 mark may result into a pull-back move towards $21.73 level.

On 29th of January, VICI Properties Inc. (NYSE:VICI) shares ended higher after a volatile session. The shares accumulated 0.05 points or 0.23 percent at $21.51 with a light trade volume of 4.461 million shares. After opening the session at $21.56, the shares went as high as $21.61 and as low as $21.38, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $8.48 billion and now has 394.26 million shares outstanding. VICI Properties Inc. (VICI) stock has gained 17.22 percent of market value in 21 trading days.

VICI stock has a trailing 3-year beta of 0, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was $1.15 a share in the trailing twelve months. The stock’s value has surged 14.54 percent year to date (YTD) against a rise of 1.94 percent in 12 month’s time. The company’s shares still trade -6.36 percent away from its 1-year high of $22.97 and 22.35 percent up from 52-week low of $17.58. The average consensus rating on the company is 2, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.

Shares of VICI Properties Inc. (VICI) are trading at a P/E ratio of 0 times earnings reported for the past 12 months. The industry VICI operates in has an average P/E of 36.35. Its P/E ratio went as low as 0X and as high as 0 over the 5-year span. Further, it is sporting a 9.87 on the Price-to-Sales ratio. Compare this with the industry average P/S of 8.6. 0 percent is the gross profit margin for VICI Properties Inc. and operating margin sits at 0 percent. Along with this, the net profit margin is 0 percent.

Let’s take a look at some insider activity at VICI Properties Inc. (NYSE:VICI) and see the pattern. The earliest insider trade took place on 02/01/2018. Payne John W R gathered a total of 20 thousand shares of company at average share price of $20. The total for the purchase was set at $400 thousand. After this transaction, the President and COO account balance stood at 20 thousand shares. The stock grew 7.3 percent since that insider purchase. On 02/01/2018, Rumbolz Michael D, Director, purchased 17.5 thousand shares at a price per share of $20. This added 350 thousand shares to the insider’s fortune and the stock saw a 7.3 percent rally in value since the news became public. This transaction left 17.5 thousand shares in the Director account.

On 02/01/2018, Director Davis Eugene I performed a purchase transaction worth $200 thousand. This purchase at $20 each has added 10 thousand shares into the insider’s portfolio position. Meanwhile, shares have recorded 7.3 percent increase since the transaction was reported. The insider now is left with 10 thousand shares remaining in the account. Pitoniak Edward Baltazar, who performs the CEO job, bought 26.2 thousand shares for $524 thousand. The acquisition occurred on 02/01/2018 was priced at $20 per share. The share price soared 7.3 percent since the reporting date. Pitoniak Edward Baltazar now left with a stake of 26.2 thousand VICI stock worth $563.56 thousand after the insider buying.