The price-to-earnings ratio for Prologis Inc (NYSE: PLD) is 35.56x, which is above its average ratio. Moreover, the 36-month beta value for PLD is 1.09. Analysts have varying opinions on the stock, with 8 analysts rating it as a “buy,” 5 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for PLD is 922.18M and currently, short sellers hold a 1.30% of that float. On December 10, 2024, PLD’s average trading volume was 3.74M shares.
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PLD) stock’s latest price update
Prologis Inc (NYSE: PLD)’s stock price has increased by 3.05 compared to its previous closing price of 112.00. However, the company has seen a -0.36% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-09 that Corporations often increase dividend payouts in Q1 of each year, making it crucial for income investors to position portfolios for 2025. Dividend growth investing is appealing due to recent federal funds rate cuts, offering multiple benefits like capital appreciation, inflation hedging, and compounding returns. Companies like Canadian Natural Resources, Brookfield Renewable Partners, Alexandria Real Estate Equities, and Prologis are well-positioned for dividend hikes due to strong cash flows and sustainable business models.
PLD’s Market Performance
Prologis Inc (PLD) has seen a -0.36% fall in stock performance for the week, with a 1.06% gain in the past month and a -12.82% plunge in the past quarter. The volatility ratio for the week is 1.89%, and the volatility levels for the past 30 days are at 1.95% for PLD. The simple moving average for the past 20 days is 0.23% for PLD’s stock, with a -3.09% simple moving average for the past 200 days.
Analysts’ Opinion of PLD
Many brokerage firms have already submitted their reports for PLD stocks, with BMO Capital Markets repeating the rating for PLD by listing it as a “Underperform.” The predicted price for PLD in the upcoming period, according to BMO Capital Markets is $104 based on the research report published on December 06, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see PLD reach a price target of $132, previously predicting the price at $142. The rating they have provided for PLD stocks is “Neutral” according to the report published on October 21st, 2024.
BofA Securities gave a rating of “Neutral” to PLD, setting the target price at $128 in the report published on August 12th of the current year.
PLD Trading at -1.79% 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 -16.07% of loss for the given period.
Volatility was left at 1.95%, however, over the last 30 days, the volatility rate increased by 1.89%, as shares sank -0.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.10% lower at present.
During the last 5 trading sessions, PLD fell by -0.36%, which changed the moving average for the period of 200-days by -13.35% in comparison to the 20-day moving average, which settled at $115.15. In addition, Prologis Inc saw -13.41% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PLD starting from Ghazal Joseph, who sale 5,200 shares at the price of $129.07 back on Aug 23 ’24. After this action, Ghazal Joseph now owns 13,187 shares of Prologis Inc, valued at $671,164 using the latest closing price.
Ghazal Joseph, the Officer of Prologis Inc, proposed sale 5,200 shares at $129.07 during a trade that took place back on Aug 23 ’24, which means that Ghazal Joseph is holding shares at $671,164 based on the most recent closing price.
Stock Fundamentals for PLD
Current profitability levels for the company are sitting at:
- 0.41 for the present operating margin
- 0.5 for the gross margin
The net margin for Prologis Inc stands at 0.39. The total capital return value is set at 0.04. Equity return is now at value 5.78, with 3.28 for asset returns.
Based on Prologis Inc (PLD), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 0.6. The interest coverage ratio of the stock is 5.16.
Currently, EBITDA for the company is 6.57 billion with net debt to EBITDA at 5.11. When we switch over and look at the enterprise to sales, we see a ratio of 17.54.
Conclusion
To wrap up, the performance of Prologis Inc (PLD) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
