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The price of Prologis Inc (NYSE: PLD) closed at $116.54 in the last session, up 1.83% from day before closing price of $114.45. In other words, the price has increased by $1.83 from its previous closing price. On the day, 3.0 million shares were traded. PLD stock price reached its highest trading level at $116.65 during the session, while it also had its lowest trading level at $114.325.
Ratios:
We take a closer look at PLD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 217.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.73. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.56.
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, BMO Capital Markets on April 22, 2024, Downgraded its rating to Market Perform and sets its target price to $112 from $145 previously.
On March 18, 2024, Evercore ISI Downgraded its rating to In-line which previously was Outperform but kept the price unchanged to $136.
JP Morgan Upgraded its Neutral to Overweight on December 18, 2023, whereas the target price for the stock was revised from $123 to $148.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 21 ’23 when Connor James B. sold 21,419 shares for $130.40 per share. The transaction valued at 2,793,038 led to the insider holds 0 shares of the business.
Connor James B. sold 103,331 shares of PLD for $13,763,689 on Dec 20 ’23. The Director now owns 21,419 shares after completing the transaction at $133.20 per share. On Aug 01 ’23, another insider, FOTIADES GEORGE L, who serves as the Director of the company, sold 10,711 shares for $123.98 each. As a result, the insider received 1,327,908 and left with 0 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 107897856000 and an Enterprise Value of 142239989760. As of this moment, Prologis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.29, and their Forward P/E ratio for the next fiscal year is 37.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.25 while its Price-to-Book (P/B) ratio in mrq is 2.08. Its current Enterprise Value per Revenue stands at 16.704 whereas that against EBITDA is 23.723.
Stock Price History:
The Beta on a monthly basis for PLD is 1.07, which has changed by -0.08200079 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. 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 6.75%, while the 200-Day Moving Average is calculated to be -1.12%.
Shares Statistics:
According to the various share statistics, PLD traded on average about 4.28M shares per day over the past 3-months and 2831880 shares per day over the past 10 days. A total of 924.39M shares are outstanding, with a floating share count of 922.24M. Insiders hold about 1.23% of the company’s shares, while institutions hold 94.52% stake in the company. Shares short for PLD as of 1718323200 were 9943599 with a Short Ratio of 2.32, compared to 1715731200 on 10101469. Therefore, it implies a Short% of Shares Outstanding of 9943599 and a Short% of Float of 1.39999995.
Dividends & Splits
The forward annual dividend rate for PLD is 3.66, which was 3.57 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.03119266The stock’s 5-year Average Dividend Yield is 2.39.
