Prologis Inc [NYSE: PLD] stock went on an upward path that rose over 0.49% on Wednesday, amounting to a one-week price decrease of less than -4.10%.
Over the last 12 months, PLD stock rose by 17.18%. The one-year Prologis Inc stock forecast points to a potential upside of 13.74. The average equity rating for PLD stock is currently 1.87, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $110.00 billion, with 924.39 million shares outstanding and 922.40 million shares in the current float. Compared to the average trading volume of 3.42M shares, PLD stock reached a trading volume of 3780073 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $134.32 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 1.87. 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 Neutral, with their previous recommendation back on October 21, 2024. The new note on the price target was released on August 12, 2024, representing the official price target for Prologis Inc stock. Previously, the target price had yet another raise from $124 to $127, while RBC Capital Mkts kept a Sector Perform rating on PLD stock. On April 22, 2024, analysts decreased their price target for PLD shares from 145 to 112.
The Average True Range (ATR) for Prologis Inc is set at 2.58, with the Price to Sales ratio for PLD stock in the period of the last 12 months amounting to 13.94. The Price to Book ratio for the last quarter was 2.02, with the Price to Cash per share for the same quarter was set at 0.82. Price to Free Cash Flow for PLD in the course of the last twelve months was 29.02.
PLD Stock Performance Analysis:
Prologis Inc [PLD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.10. With this latest performance, PLD shares dropped by -7.01% in over the last four-week period, additionally plugging by 13.73% over the last 6 months – not to mention a rise of 17.18% 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 37.58, with the RSI for the last a single of trading hit 35.33, and the three-weeks RSI is set at 39.81 for Prologis Inc [PLD]. The present Moving Average for the last 50 days of trading for this stock 124.51, while it was recorded at 117.38 for the last single week of trading, and 121.10 for the last 200 days.
PLD Stock EPS
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 5.00%.
Prologis Inc [PLD] Institutonal Ownership Details
There are presently around $95.42%, or 95.69%% of PLD stock, in the hands of institutional investors. The top three institutional holders of PLD stocks are: VANGUARD GROUP INC with ownership of 120.84 million shares, which is approximately 13.0595%. BLACKROCK INC., holding 94.54 million shares of the stock with an approximate value of $$10.62 billion in PLD stocks shares; and BLACKROCK INC., currently with $$6.36 billion in PLD stock with ownership which is approximately 6.1217%.
