Investors are poised to add Prologis Inc (PLD) Stock to their long term portfolios

Prologis Inc [PLD] stock is trading at $116.57, up 3.39%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PLD shares have gain 2.49% over the last week, with a monthly amount drifted -3.97%, and not 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 October 21, 2024, when Goldman downgraded its rating to a Neutral and also revised its price target to $132 from $142. Previously, BofA Securities downgraded its rating to Neutral on August 12, 2024, and kept the price target unchanged to $128. On August 05, 2024, downgrade downgraded it’s rating to Sector Perform and revised its price target to $127 on the stock. BMO Capital Markets downgraded its rating to a Market Perform and decreased its price target to $112 on April 22, 2024. Evercore ISI downgraded its rating to a In-line but $136 remained the price target by the analyst firm on March 18, 2024. JP Morgan upgraded its rating to Overweight for this stock on December 18, 2023, and upped its price target to $148. In a note dated December 05, 2023, Mizuho downgraded an Neutral rating on this stock and revised its target price from $140 to $125.

Prologis Inc [PLD] stock has fluctuated between $101.11 and $137.52 over the past year. Currently, Wall Street analysts expect the stock to reach $142.87 within the next 12 months. Prologis Inc [NYSE: PLD] shares were valued at $116.57 at the most recent close of the market. An investor can expect a potential return of 22.56% based on the average PLD price forecast.

Analyzing the PLD fundamentals

Prologis Inc [NYSE:PLD] reported sales of 7.89B for the trailing twelve months, which represents a growth of 6.36%. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.41%, Pretax Profit Margin comes in at 0.43%, and Net Profit Margin reading is 0.39%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.61.

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 114.57 points at the first support level, and at 112.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 117.85, and for the 2nd resistance point, it is at 119.14.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 14.03, the price to book ratio is 2.04 and price to earnings (TTM) ratio is 35.91.

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.

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