Prologis Inc (NYSE: PLD)’s stock price has plunge by 7.12relation to previous closing price of 109.48. Nevertheless, the company has seen a 11.29% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-21 that Prologis, Inc. (NYSE:PLD ) Q4 2024 Earnings Conference Call January 21, 2025 12:00 PM ET Company Participants Justin Meng – Senior Vice President and Head of Investor Relations Tim Arndt – Chief Financial Officer Hamid Moghadam – Co-Founder, Chairman and CEO Dan Letter – President Chris Caton – Managing Director of Global Strategy and Analytics Conference Call Participants Ki Bin Kim – Truist Securities Samir Khanal – Evercore ISI Vikram Malhotra – Mizuho Ronald Kamdem – Morgan Stanley Michael Goldsmith – UBS Craig Mailman – Citi Caitlin Burrows – Goldman Sachs Nicholas Yulico – Scotiabank Vince Tibone – Green Street Blaine Heck – Wells Fargo Tom Catherwood – BTIG Nick Thillman – Robert W. Baird & Co. Michael Mueller – JPMorgan Jeff Spector – Bank of America Merrill Lynch Brendan Lynch – Barclays Michael Carroll – RBC Capital Markets John Kim – BMO Capital Markets Todd Thomas – KeyBanc Capital Markets Operator Greetings, and welcome to the Prologis Fourth Quarter 2024 Earnings Conference Call.
Is It Worth Investing in Prologis Inc (NYSE: PLD) Right Now?
Prologis Inc (NYSE: PLD) has a higher price-to-earnings ratio of 36.13x compared to its average ratio, The 36-month beta value for PLD is at 1.11. Analysts have varying views on the stock, with 10 analysts rating it as a “buy,” 6 rating it as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for PLD is 922.18M, and currently, shorts hold a 1.38% of that float. The average trading volume for PLD on January 22, 2025 was 4.13M shares.
PLD’s Market Performance
The stock of Prologis Inc (PLD) has seen a 11.29% increase in the past week, with a 7.72% rise in the past month, and a -4.43% fall in the past quarter. The volatility ratio for the week is 3.81%, and the volatility levels for the past 30 days are at 2.82% for PLD. The simple moving average for the last 20 days is 10.23% for PLD stock, with a simple moving average of 1.15% for the last 200 days.
Analysts’ Opinion of PLD
Many brokerage firms have already submitted their reports for PLD stocks, with Robert W. Baird repeating the rating for PLD by listing it as a “Outperform.” The predicted price for PLD in the upcoming period, according to Robert W. Baird is $123 based on the research report published on January 06, 2025 of the current year 2025.
Raymond James, on the other hand, stated in their research note that they expect to see PLD reach a price target of $125, previously predicting the price at $130. The rating they have provided for PLD stocks is “Outperform” according to the report published on December 11th, 2024.
BMO Capital Markets gave a rating of “Underperform” to PLD, setting the target price at $104 in the report published on December 06th of the previous year.
PLD Trading at 5.76% 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 -13.62% of loss for the given period.
Volatility was left at 2.82%, however, over the last 30 days, the volatility rate increased by 3.81%, as shares surge +12.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.48% upper at present.
During the last 5 trading sessions, PLD rose by +11.29%, which changed the moving average for the period of 200-days by -7.00% in comparison to the 20-day moving average, which settled at $106.39. In addition, Prologis Inc saw 10.95% in overturn over a single year, with a tendency to cut further gains.
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 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 0.61. 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 17.76.
Conclusion
In conclusion, Prologis Inc (PLD) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
