Closing Figures Unveiled: Prologis Inc (PLD) Drop -2.42, Closes at 101.40

In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Prologis Inc (NYSE: PLD) closed the day trading at $101.40 down -2.42% from the previous closing price of $103.91. In other words, the price has decreased by -$2.42 from its previous closing price. On the day, 7.72 million shares were traded. PLD stock price reached its highest trading level at $104.92 during the session, while it also had its lowest trading level at $101.4.

Ratios:

For a better understanding of PLD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 123.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.40. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.62.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Raymond James on December 11, 2024, Downgraded its rating to Outperform and sets its target price to $125 from $130 previously.

On December 06, 2024, BMO Capital Markets Downgraded its rating to Underperform which previously was Market Perform and also lowered its target price recommendation from $120 to $104.

Goldman Downgraded its Buy to Neutral on October 21, 2024, whereas the target price for the stock was revised from $142 to $132.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 23 ’24 when Ghazal Joseph sold 5,200 shares for $129.07 per share. The transaction valued at 671,164 led to the insider holds 13,187 shares of the business.

Ghazal Joseph bought 5,200 shares of PLD for $671,164 on Aug 23 ’24. On Dec 20 ’23, another insider, Connor James B., who serves as the Director of the company, sold 103,331 shares for $133.20 each. As a result, the insider received 13,763,689 and left with 21,419 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLD now has a Market Capitalization of 93914144768 and an Enterprise Value of 133028536320. As of this moment, Prologis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.24, and their Forward P/E ratio for the next fiscal year is 35.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.20 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 16.146 whereas that against EBITDA is 23.179.

Stock Price History:

Over the past 52 weeks, PLD has reached a high of $135.76, while it has fallen to a 52-week low of $101.11. The 50-Day Moving Average of the stock is -12.12%, while the 200-Day Moving Average is calculated to be -14.16%.

Shares Statistics:

Over the past 3-months, PLD traded about 3.80M shares per day on average, while over the past 10 days, PLD traded about 4517310 shares per day. A total of 926.15M shares are outstanding, with a floating share count of 922.18M. Insiders hold about 0.43% of the company’s shares, while institutions hold 94.93% stake in the company. Shares short for PLD as of 1732838400 were 10544815 with a Short Ratio of 2.78, compared to 1730332800 on 10399043. Therefore, it implies a Short% of Shares Outstanding of 10544815 and a Short% of Float of 1.49.

Dividends & Splits

PLD’s forward annual dividend rate is 3.84, up from 3.75 a year ago. Against a Trailing Annual Dividend Yield of 0.03608892The stock’s 5-year Average Dividend Yield is 2.44.

Most Popular