Prologis Inc. [NYSE: PLD] gained 2.66% on the last trading session, reaching $96.90 price per share at the time. Prologis Inc. represents 738.58 million in outstanding shares, while the company has a total market value of $68.93 billion with the latest information. PLD stock price has been found in the range of $95.45 to $98.31.
If compared to the average trading volume of 4.20M shares, PLD reached a trading volume of 3436575 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about Prologis Inc. [PLD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PLD shares is $95.87 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PLD stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wells Fargo have made an estimate for Prologis Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 10, 2019. The new note on the price target was released on November 06, 2019, representing the official price target for Prologis Inc. stock. Previously, the target price had yet another raise to $78, while Evercore ISI analysts kept a In-line rating on PLD stock. On March 01, 2019, analysts decreased their price target for PLD shares from 73 to 71.
The Average True Range (ATR) for Prologis Inc. is set at 3.18, with the Price to Sales ratio for PLD stock in the period of the last 12 months amounting to 19.49. The Price to Book ratio for the last quarter was 2.71, with the Price to Cash per share for the same quarter was set at 1.53. Price to Free Cash Flow for PLD in the course of the last twelve months was 92.54.
Trading performance analysis for PLD stock
Prologis Inc. [PLD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.44. With this latest performance, PLD shares gained by 16.35% in over the last four-week period, additionally plugging by 9.44% over the last 6 months – not to mention a rise of 19.75% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PLD stock in for the last two-week period is set at 58.19, with the RSI for the last a single of trading hit 59.66, and the three-weeks RSI is set at 57.55 for Prologis Inc. [PLD]. The present Moving Average for the last 50 days of trading for this stock 89.48, while it was recorded at 94.61 for the last single week of trading, and 87.83 for the last 200 days.
Prologis Inc. [PLD]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Prologis Inc. [PLD] shares currently have an operating margin of +22.58 and a Gross Margin at +38.19. Prologis Inc.’s Net Margin is presently recorded at +47.23.
Return on Total Capital for PLD is now 2.00, given the latest momentum, and Return on Invested Capital for the company is 4.66. Return on Equity for this stock inclined to 7.00, with Return on Assets sitting at 4.01. When it comes to the capital structure of this company, Prologis Inc. [PLD] has a Total Debt to Total Equity ratio set at 54.64. Additionally, PLD Total Debt to Total Capital is recorded at 35.33, with Total Debt to Total Assets ending up at 30.92. Long-Term Debt to Equity for the company is recorded at 52.24, with the Long-Term Debt to Total Capital now at 33.68.
Reflecting on the efficiency of the workforce at the company, Prologis Inc. [PLD] managed to generate an average of $918,784 per employee. Receivables Turnover for the company is 13.83 with a Total Asset Turnover recorded at a value of 0.08.
Prologis Inc. [PLD]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Prologis Inc. posted 0.59/share EPS, while the average EPS was predicted by analysts to be reported at 0.36/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 63.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PLD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Prologis Inc. go to -6.05%.
An analysis of insider ownership at Prologis Inc. [PLD]
There are presently around $67,528 million, or 98.30% of PLD stock, in the hands of institutional investors. The top three institutional holders of PLD stocks are: VANGUARD GROUP INC with ownership of 98,212,587, which is approximately -1.525% of the company’s market cap and around 0.52% of the total institutional ownership; BLACKROCK INC., holding 73,711,651 shares of the stock with an approximate value of $6.96 billion in PLD stocks shares; and STATE STREET CORP, currently with $4.53 billion in PLD stock with ownership of nearly 1.683% of the company’s market capitalization.
Positions in Prologis Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 477 institutional holders increased their position in Prologis Inc. [NYSE:PLD] by around 45,658,310 shares. Additionally, 470 investors decreased positions by around 53,026,958 shares, while 68 investors held positions by with 616,730,373 shares. The mentioned changes placed institutional holdings at 715,415,641 shares, according to the latest SEC report filing. PLD stock had 107 new institutional investments in for a total of 4,642,888 shares, while 139 institutional investors sold positions of 13,173,945 shares during the same period.