At the time of writing, Prologis Inc [PLD] stock is trading at $128.27, down -0.08%. An important factor to consider is whether the stock is rising or falling in short-term value. The PLD shares have lost -0.52% over the last week, with a monthly amount glided 7.84%, 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 August 12, 2024, when BofA Securities downgraded its rating to a Neutral but kept the price target unchanged to $128 for it. Previously, RBC Capital Mkts downgraded its rating to Sector Perform on August 05, 2024, and elevated its price target to $127. On April 22, 2024, downgrade downgraded it’s rating to Market Perform and revised its price target to $112 on the stock. Evercore ISI downgraded its rating to a In-line but stick to its price target of $136 on March 18, 2024. JP Morgan upgraded its rating to a Overweight and raised its price target to $148 on December 18, 2023. Mizuho downgraded its rating to Neutral for this stock on December 05, 2023, and downed its price target to $125. In a note dated July 20, 2023, Exane BNP Paribas upgraded an Outperform rating on this stock but restated the target price of $141.
For the past year, the stock price of Prologis Inc fluctuated between $96.64 and $137.52. Currently, Wall Street analysts expect the stock to reach $145.67 within the next 12 months. Prologis Inc [NYSE: PLD] shares were valued at $128.27 at the most recent close of the market. An investor can expect a potential return of 13.57% based on the average PLD price forecast.
Analyzing the PLD fundamentals
According to Prologis Inc [NYSE:PLD], the company’s sales were 7.77B for trailing twelve months, which represents an -18.08% plunge. 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 126.83 points at the first support level, and at 125.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 130.09, and for the 2nd resistance point, it is at 131.92.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 15.29, the price to book ratio is 2.23 and price to earnings (TTM) ratio is 43.36.
Transactions by insiders
Recent insider trading involved Ghazal Joseph, Chief Investment Officer, that happened on Aug 23 ’24 when 5200.0 shares were sold. Officer, Ghazal Joseph completed a deal on Aug 23 ’24 to buy 5200.0 shares. Meanwhile, Director Connor James B. sold 0.1 million shares on Dec 20 ’23.
