Prologis Inc. (NYSE:PLD) went down by -1.21% from its latest closing price compared to the recent 1-year high of $129.35. The company’s stock price has collected 0.58% of gains in the last five trading sessions. MarketWatch.com reported on 07/26/21 that Don’t fall into a REIT value trap — these 20 stocks score highest on quality
Is It Worth Investing in Prologis Inc. (NYSE :PLD) Right Now?
Prologis Inc. (NYSE:PLD) scored a price-to-earnings ratio above its average ratio, recording 61.51 x from its present earnings ratio. Plus, the 36-month beta value for PLD is at 0.74. Opinions of the stock are interesting as 16 analysts out of 21 who provided ratings for Prologis Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $135.14, which is -$0.49 below the current price. PLD currently public float of 736.00M and currently shorts hold a 1.35% ratio of that float. Today, the average trading volume of PLD was 2.42M shares.
PLD’s Market Performance
PLD stocks went up by 0.58% for the week, with a monthly jump of 4.94% and a quarterly performance of 10.89%, while its annual performance rate touched 24.47%. The volatility ratio for the week stands at 1.20% while the volatility levels for the past 30 days are set at 1.53% for Prologis Inc.. The simple moving average for the period of the last 20 days is 1.95% for PLD stocks with a simple moving average of 17.72% for the last 200 days.
Analysts’ Opinion of PLD
Many brokerage firms have already submitted their reports for PLD stocks, with Wolfe Research repeating the rating for PLD by listing it as a “Peer Perform.” The predicted price for PLD in the upcoming period, according to Wolfe Research is $133 based on the research report published on June 15th of the current year 2021.
Raymond James, on the other hand, stated in their research note that they expect to see PLD reach a price target of $125. The rating they have provided for PLD stocks is “Strong Buy” according to the report published on April 16th, 2021.
Evercore ISI gave a rating of “Outperform” to PLD, setting the target price at $121 in the report published on January 27th of the current year.
PLD Trading at 4.24% from the 50-Day Moving Average
After a stumble in the market that brought PLD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.33% of loss for the given period.
Volatility was left at 1.53%, however, over the last 30 days, the volatility rate increased by 1.20%, as shares surge +5.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.77% upper at present.
During the last 5 trading sessions, PLD rose by +0.58%, which changed the moving average for the period of 200-days by +19.38% in comparison to the 20-day moving average, which settled at $125.49. In addition, Prologis Inc. saw 28.07% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at PLD starting from KENNARD LYDIA H, who sale 10,000 shares at the price of $118.00 back on May 27. After this action, KENNARD LYDIA H now owns 32,773 shares of Prologis Inc., valued at $1,180,000 using the latest closing price.
Stock Fundamentals for PLD
Current profitability levels for the company are sitting at:
- +28.07 for the present operating margin
- +38.45 for the gross margin
The net margin for Prologis Inc. stands at +33.38. The total capital return value is set at 2.70, while invested capital returns managed to touch 3.54. Equity return is now at value 4.60, with 2.60 for asset returns.
Based on Prologis Inc. (PLD), the company’s capital structure generated 54.84 points at debt to equity in total, while total debt to capital is 35.42. Total debt to assets is 31.27, with long-term debt to equity ratio resting at 53.77. Finally, the long-term debt to capital ratio is 34.66.
When we switch over and look at the enterprise to sales, we see a ratio of 22.21, with the company’s debt to enterprise value settled at 0.18. The receivables turnover for the company is 14.26 and the total asset turnover is 0.09.