It’s still a bull thesis, just subverted: Prologis Inc (PLD)

At the time of writing, Prologis Inc [PLD] stock is trading at $121.25, up 1.95%. 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 10.75% over the last week, with a monthly amount glided 16.43%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Prologis Inc [NYSE: PLD] stock has seen the most recent analyst activity on January 06, 2025, when Robert W. Baird upgraded its rating to a Outperform and also revised its price target to $123 from $124. Previously, Raymond James downgraded its rating to Outperform on December 11, 2024, and dropped its price target to $125. On December 06, 2024, downgrade downgraded it’s rating to Underperform and revised its price target to $104 on the stock. Goldman downgraded its rating to a Neutral and decreased its price target to $132 on October 21, 2024. BofA Securities downgraded its rating to a Neutral but $128 remained the price target by the analyst firm on August 12, 2024. RBC Capital Mkts downgraded its rating to Sector Perform for this stock on August 05, 2024, and upped its price target to $127. In a note dated April 22, 2024, BMO Capital Markets downgraded an Market Perform rating on this stock and revised its target price from $145 to $112.

For the past year, the stock price of Prologis Inc fluctuated between $100.82 and $135.76. Currently, Wall Street analysts expect the stock to reach $127.2 within the next 12 months. Prologis Inc [NYSE: PLD] shares were valued at $121.25 at the most recent close of the market. An investor can expect a potential return of 4.91% based on the average PLD price forecast.

Analyzing the PLD fundamentals

According to Prologis Inc [NYSE:PLD], the company’s sales were 8.20B for trailing twelve months, which represents an 16.48% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.61.

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 118.80 points at the first support level, and at 116.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 122.90, and for the 2nd resistance point, it is at 124.54.

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 2.12 and price to earnings (TTM) ratio is 30.77.

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.

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