A new trading day began on Monday, with Prologis Inc (NYSE: PLD) stock price up 0.41% from the previous day of trading, before settling in for the closing price of $113.40. PLD’s price has ranged from $101.11 to $137.52 over the past 52 weeks.
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A company in the Real Estate sector has jumped its sales by 23.82% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -0.66%. With a float of $922.40 million, this company’s outstanding shares have now reached $924.39 million.
In an organization with 2574 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 50.09%, operating margin of 41.29%, and the pretax margin is 43.35%.
Prologis Inc (PLD) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Industrial Industry. The insider ownership of Prologis Inc is 0.41%, while institutional ownership is 94.57%. The most recent insider transaction that took place on Aug 23 ’24, was worth 671,164. In this transaction Chief Investment Officer of this company sold 5,200 shares at a rate of $129.07, taking the stock ownership to the 13,187 shares. Before that another transaction happened on Aug 23 ’24, when Company’s Officer proposed sale 5,200 for $129.07, making the entire transaction worth $671,164.
Prologis Inc (PLD) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.68 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.61 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.40% during the next five years compared to 2.94% growth over the previous five years of trading.
Prologis Inc (NYSE: PLD) Trading Performance Indicators
Here are Prologis Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.76. Likewise, its price to free cash flow for the trailing twelve months is 28.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.25, a number that is poised to hit 0.75 in the next quarter and is forecasted to reach 2.88 in one year’s time.
Technical Analysis of Prologis Inc (PLD)
Let’s dig in a bit further. During the last 5-days, its volume was 3.76 million. That was better than the volume of 3.65 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 6.51%. Additionally, its Average True Range was 2.55.
During the past 100 days, Prologis Inc’s (PLD) raw stochastic average was set at 22.40%, which indicates a significant increase from 6.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.24% in the past 14 days, which was higher than the 23.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $123.73, while its 200-day Moving Average is $120.89. However, in the short run, Prologis Inc’s stock first resistance to watch stands at $114.93. Second resistance stands at $115.99. The third major resistance level sits at $116.90. If the price goes on to break the first support level at $112.96, it is likely to go to the next support level at $112.05. Assuming the price breaks the second support level, the third support level stands at $110.99.
Prologis Inc (NYSE: PLD) Key Stats
With a market capitalization of 108.53 billion, the company has a total of 926,175K Shares Outstanding. Currently, annual sales are 8,023 M while annual income is 3,059 M. The company’s previous quarter sales were 2,036 M while its latest quarter income was 1,006 M.
