Prologis Inc. [NYSE: PLD] traded at a high on 10/01/20, posting a 1.53 gain after which it closed the day’ session at $102.16.
The results of the trading session contributed to over 3082790 shares changing hands. Over the past one week, the price volatility of Prologis Inc. stands at 2.41% while the volatility over the past one month is 2.63%.
The market cap for PLD stock reached $73.69 billion, with 737.99 million shares outstanding and 734.89 million shares in the current float. Compared to the average trading volume of 2.68M shares, PLD reached a trading volume of 3082790 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $109.20 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 1.90. 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.
Goldman have made an estimate for Prologis Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 29, 2020. The new note on the price target was released on August 24, 2020, representing the official price target for Prologis Inc. stock.
The Average True Range (ATR) for Prologis Inc. is set at 2.56, with the Price to Sales ratio for PLD stock in the period of the last 12 months amounting to 18.36. The Price to Book ratio for the last quarter was 2.34, with the Price to Cash per share for the same quarter was set at 0.76. Price to Free Cash Flow for PLD in the course of the last twelve months was 79.37.
How has PLD stock performed recently?
Prologis Inc. [PLD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.13. With this latest performance, PLD shares gained by 0.65% in over the last four-week period, additionally plugging by 35.29% over the last 6 months – not to mention a rise of 21.26% 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 53.99, with the RSI for the last a single of trading hit 59.42, and the three-weeks RSI is set at 53.82 for Prologis Inc. [PLD]. The present Moving Average for the last 50 days of trading for this stock 101.73, while it was recorded at 100.02 for the last single week of trading, and 92.15 for the last 200 days.
Prologis Inc. [PLD]: Deeper insight into the fundamentals
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.
Earnings analysis for Prologis Inc. [PLD]
With the latest financial reports released by the company, Prologis Inc. posted 0.69/share EPS, while the average EPS was predicted by analysts to be reported at 0.48/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 43.70%. 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%.
Insider trade positions for Prologis Inc. [PLD]
There are presently around $72,821 million, or 98.20% of PLD stock, in the hands of institutional investors. The top three institutional holders of PLD stocks are: VANGUARD GROUP INC with ownership of 96,300,487, which is approximately -1.947% of the company’s market cap and around 0.52% of the total institutional ownership; BLACKROCK INC., holding 71,814,948 shares of the stock with an approximate value of $7.34 billion in PLD stocks shares; and STATE STREET CORP, currently with $4.76 billion in PLD stock with ownership of nearly -3.045% of the company’s market capitalization.
Positions in Prologis Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 479 institutional holders increased their position in Prologis Inc. [NYSE:PLD] by around 33,860,703 shares. Additionally, 384 investors decreased positions by around 29,611,823 shares, while 103 investors held positions by with 649,338,638 shares. The mentioned changes placed institutional holdings at 712,811,164 shares, according to the latest SEC report filing. PLD stock had 106 new institutional investments in for a total of 6,235,968 shares, while 78 institutional investors sold positions of 4,775,550 shares during the same period.