Long-Time Horizon Analysis of Prologis Inc (PLD) Stock

Prologis Inc [PLD] stock is trading at $127.72, up 1.32%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PLD shares have gain 6.05% over the last week, with a monthly amount glided 12.82%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Prologis Inc [NYSE: PLD] stock has seen the most recent analyst activity on April 22, 2024, when BMO Capital Markets downgraded its rating to a Market Perform and also revised its price target to $112 from $145. Previously, Evercore ISI downgraded its rating to In-line on March 18, 2024, and kept the price target unchanged to $136. On December 18, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $148 on the stock. Mizuho downgraded its rating to a Neutral and decreased its price target to $125 on December 05, 2023. Exane BNP Paribas upgraded its rating to a Outperform but $141 remained the price target by the analyst firm on July 20, 2023. In a note dated March 20, 2023, Mizuho initiated an Buy rating and provided a target price of $140 on this stock.

Prologis Inc [PLD] stock has fluctuated between $96.64 and $137.52 over the past year. Currently, Wall Street analysts expect the stock to reach $146.07 within the next 12 months. Prologis Inc [NYSE: PLD] shares were valued at $127.72 at the most recent close of the market. An investor can expect a potential return of 14.37% based on the average PLD price forecast.

Analyzing the PLD fundamentals

Prologis Inc [NYSE:PLD] reported sales of 7.77B for the trailing twelve months, which represents a drop of -18.08%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.41%, and Net Profit Margin reading is 0.36%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.05 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.56.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 125.80 points at the first support level, and at 123.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 129.65, and for the 2nd resistance point, it is at 131.58.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 15.22, the price to book ratio is 2.22 and price to earnings (TTM) ratio is 43.17.

Transactions by insiders

Recent insider trading involved Connor James B., Director, that happened on Dec 21 ’23 when 21419.0 shares were sold. Director, Connor James B. completed a deal on Dec 20 ’23 to sell 0.1 million shares.

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