There Is Clear Momentum For Prologis Inc (NYSE: PLD)

Prologis Inc (PLD) concluded trading on Wednesday at a closing price of $124.04, with 4.3 million shares of worth about $533.45 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.96% during that period and on March 05, 2025 the price saw a gain of about 1.86%. Currently the company’s common shares owned by public are about 926.28M shares, out of which, 922.76M shares are available for trading.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.

Stock saw a price change of 1.54% in past 5 days and over the past one month there was a price change of 5.26%. Year-to-date (YTD), PLD shares are showing a performance of 17.35% which decreased to -7.85% 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 4.05 million. The stock is currently trading 2.35% above its 20-day simple moving average (SMA20), while that difference is up 8.03% for SMA50 and it goes to 5.59% higher than SMA200.

Prologis Inc (NYSE: PLD) currently have 926.28M outstanding shares and institutions hold larger chunk of about 95.09% of that.

The stock has a current market capitalization of $117.86B and its 3Y-monthly beta is at 1.20. PE ratio of stock for trailing 12 months is 31.48, while it has posted earnings per share of $3.94 in the same period. It has a 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 2.27% while standing at 1.89% over the month.

Stock’s fiscal year EPS is expected to drop by -28.89% while it is estimated to increase by 14.46% in next year. EPS is likely to shrink at an annualized rate of -3.53% for next 5-years, compared to annual growth of 10.82% made by the stock over the past 5-years.

Coverage by Robert W. Baird stated Prologis Inc (PLD) stock as an Outperform in their note to investors on January 06, 2025, suggesting a price target of $123 for the stock. On December 11, 2024, Raymond James Downgrade their recommendations, while on December 06, 2024, BMO Capital Markets Downgrade their ratings for the stock with a price target of $104. Stock get a Neutral rating from Goldman on October 21, 2024.

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