Currently, there are 926.28M common shares owned by the public and among those 922.77M shares have been available to trade.
The company’s stock has a 5-day price change of -3.65% and 6.11% over the past three months. PLD shares are trading 4.31% year to date (YTD), with the 12-month market performance down to -14.33% lower. It has a 12-month low price of $100.82 and touched a high of $132.57 over the same period. PLD has an average intraday trading volume of 3.96 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 -5.95%, -5.91%, and -6.44% respectively.
Institutional ownership of Prologis Inc (NYSE: PLD) shares accounts for 95.09% of the company’s 926.28M shares outstanding.
It has a market capitalization of $104.77B and a beta (3y monthly) value of 1.24. The stock’s trailing 12-month PE ratio is 27.98, while the earnings-per-share (ttm) stands at $3.94. The company has a debt-to-equity ratio at 0.62. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.30% over the week and 2.47% over the month.
Earnings per share for the fiscal year are expected to decrease by -28.89%, and 14.46% over the next financial year. EPS should shrink at an annualized rate of -3.53% over the next five years, compared to 10.82% over the past 5-year period.
Robert W. Baird coverage for the Prologis Inc (PLD) stock in a research note released on January 06, 2025 offered a Outperform rating with a price target of $123. Raymond James was of a view on December 11, 2024 that the stock is Outperform, while BMO Capital Markets gave the stock Underperform rating on December 06, 2024, issuing a price target of $120- $104. Goldman on their part issued Neutral rating on October 21, 2024.
