Prologis Inc (PLD) concluded trading on Tuesday at a closing price of $105.70, with 4.6 million shares of worth about $486.49 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.63% during that period and on December 31, 2024 the price saw a gain of about 0.57%. Currently the company’s common shares owned by public are about 926.15M shares, out of which, 922.18M shares are available for trading.
Stock saw a price change of 1.50% in past 5 days and over the past one month there was a price change of -9.49%. Year-to-date (YTD), PLD shares are showing a performance of -20.71% which decreased to -20.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $100.82 but also hit the highest price of $135.76 during that period. The average intraday trading volume for Prologis Inc shares is 3.94 million. The stock is currently trading -2.97% below its 20-day simple moving average (SMA20), while that difference is down -6.49% for SMA50 and it goes to -9.77% lower than SMA200.
Prologis Inc (NYSE: PLD) currently have 926.15M outstanding shares and institutions hold larger chunk of about 94.92% of that.
The stock has a current market capitalization of $100.92B and its 3Y-monthly beta is at 1.10. PE ratio of stock for trailing 12 months is 32.56, while it has posted earnings per share of $3.25 in the same period. Its PEG reads 5.66 while making debt-to-equity ratio of 0.62. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PLD, volatility over the week remained 2.14% while standing at 2.29% over the month.
Stock’s fiscal year EPS is expected to rise by 0.52% while it is estimated to decrease by -12.82% in next year. EPS is likely to grow at an annualized rate of 5.75% for next 5-years, compared to annual growth of 2.94% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Raymond James on December 11, 2024 offering an Outperform rating for the stock and assigned a target price range of between $130 and $125 to it. Coverage by BMO Capital Markets stated Prologis Inc (PLD) stock as an Underperform in their note to investors on December 06, 2024, suggesting a price target of $104 for the stock. On October 21, 2024, Goldman Downgrade their recommendations, while on August 12, 2024, BofA Securities Downgrade their ratings for the stock with a price target of $128. Stock get a Sector perform rating from RBC Capital Mkts on August 05, 2024.
