Currently, there are 926.15M common shares owned by the public and among those 922.18M shares have been available to trade.
The company’s stock has a 5-day price change of 11.29% and -4.43% over the past three months. PLD shares are trading 10.95% year to date (YTD), with the 12-month market performance down to -7.12% lower. It has a 12-month low price of $100.82 and touched a high of $135.76 over the same period. PLD has an average intraday trading volume of 4.13 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 10.23%, 5.76%, and 1.15% respectively.
Institutional ownership of Prologis Inc (NYSE: PLD) shares accounts for 94.88% of the company’s 926.15M shares outstanding.
It has a market capitalization of $111.33B and a beta (3y monthly) value of 1.11. The stock’s trailing 12-month PE ratio is 36.13, while the earnings-per-share (ttm) stands at $3.25. The company has a PEG of 6.28 and the debt-to-equity ratio at 0.62. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.81% over the week and 2.82% over the month.
Earnings per share for the fiscal year are expected to decrease by -28.17%, and 14.91% over the next financial year. EPS should grow at an annualized rate of 5.75% over the next five years, compared to 2.94% over the past 5-year period.
Looking at the support for the PLD, a number of firms have released research notes about the stock. Robert W. Baird stated their Outperform rating for the stock in a research note on January 06, 2025, with the firm’s price target at $124-$123. Raymond James coverage for the Prologis Inc (PLD) stock in a research note released on December 11, 2024 offered a Outperform rating with a price target of $125. BMO Capital Markets was of a view on December 06, 2024 that the stock is Underperform, while Goldman gave the stock Neutral rating on October 21, 2024, issuing a price target of $142- $132. BofA Securities on their part issued Neutral rating on August 12, 2024.
