In the Green: Prologis Inc (PLD) Closes at 120.83, Up/Down 1.59 from Previous Day

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In the latest session, Prologis Inc (NYSE: PLD) closed at $120.83 up 1.59% from its previous closing price of $118.94. In other words, the price has increased by $1.59 from its previous closing price. On the day, 4.13 million shares were traded. PLD stock price reached its highest trading level at $121.11 during the session, while it also had its lowest trading level at $118.9.

Ratios:

For a deeper understanding of Prologis Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 143.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.46. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.61.

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, Goldman on October 21, 2024, Downgraded its rating to Neutral and sets its target price to $132 from $142 previously.

On August 12, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $128.

RBC Capital Mkts Downgraded its Outperform to Sector Perform on August 05, 2024, whereas the target price for the stock was revised from $124 to $127.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 114666463232 and an Enterprise Value of 148041465856. As of this moment, Prologis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.92, and their Forward P/E ratio for the next fiscal year is 41.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.18 while its Price-to-Book (P/B) ratio in mrq is 2.10. Its current Enterprise Value per Revenue stands at 17.968 whereas that against EBITDA is 25.85.

Stock Price History:

Over the past 52 weeks, PLD has reached a high of $137.52, while it has fallen to a 52-week low of $96.64. The 50-Day Moving Average of the stock is -3.47%, while the 200-Day Moving Average is calculated to be -0.52%.

Shares Statistics:

For the past three months, PLD has traded an average of 3.39M shares per day and 3898850 over the past ten days. A total of 924.39M shares are outstanding, with a floating share count of 922.13M. Insiders hold about 0.41% of the company’s shares, while institutions hold 94.41% stake in the company. Shares short for PLD as of 1727654400 were 11761179 with a Short Ratio of 3.47, compared to 1724976000 on 12737159. Therefore, it implies a Short% of Shares Outstanding of 11761179 and a Short% of Float of 1.66.

Dividends & Splits

According to the company, the forward annual dividend rate for PLD is 3.75, from 3.75 in the trailing year. Against a Trailing Annual Dividend Yield of 0.031528503The stock’s 5-year Average Dividend Yield is 2.41.

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