Analysts estimate Prologis Inc. (PLD) To Grow by 3.2%: Here is Why

Prologis Inc. (PLD) is owned by a number of high-value investors. Its largest direct holder is Carl B. Webb Independent Director with 75,194 shares. The second-largest direct holder is Jeffrey L. Skelton Independent Director, with 48,029 shares of the company’s stock. In third place with 36,262 shares of PLD is Lydia H. Kennard Independent Director.

Now turning to institutional ownership of Prologis Inc. (PLD), The Vanguard Group, Inc. is the top holder with 81.81 million shares. The next largest fund holder of this company’s stock is SSgA Funds Management, Inc. with 43.9 million shares. In the third-place spot with 40.37 million shares is BlackRock Fund Advisors.

This company’s stock price was $90.73 at the previous market close, with its latest volume reaching 2562605. Compare that to its average daily volume of 2.65M. Given the fact that this stock has 637.61M shares outstanding, its current market value is sitting at $57.85B. This publicly-traded stock’s 60-month Beta is 1.02. Its Price to Sales ratio is 17.47, its Price to Cash Flow ratio is 56.44, and its Price to Book ratio is 2.55.

PLD stock has achieved a 5-day range of $89.58 to $92.80, with a total performance of -1.73% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $85.08 to $92.80, generating a +3.76% change during the period. In the past three months, this stock’s price has changed by +7.28%, trading in the range of $81.86 to $92.80.

In the past 5 days, shares of PLD have made a new high 2 times. In the last month, it has made a new high 10 times, and in the past 3 months, it has made a new high 12 times.

Now let’s turn to this public company’s earnings. For the quarter ending 9/29/2019, the earnings per share (EPS) was reported at 0.69. This is a 0.21 difference compared to the consensus estimate of 0.48, amounting to an earnings surprise of 43.70%. In the previous quarter, which ended in 9/29/2019, the consensus estimate was 0.36, making for an earnings surprise of 63.90%. For the quarter ending 3/30/2019, EPS was reported at 0.53, generating a 60.60% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 12-2018, was $1.82 billion. This is compared to the prior year, where Net Income was $1.76 billion. Meanwhile, this company’s Operating Cash Flow was $1.8 billion for the year, compared to $1.69 billion in 2017. Capital Expenditures for the year were reportedly -$3.18 billion, compared to -$2.31 billion, and Free Cash flow was $-1.38 billion compared to the prior year’s $-625.47 million.

Prologis Inc. (PLD) stock currently has a Financial Strength score of 5/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.09, an Equity to Asset ratio of 0.57, a Debt to Equity ratio of 0.53 and a Debt to EBITDA of 3.49. The Interest Coverage of this stock is 4.34, its Piotroski F-Score is 6, its Altman Z-Score is 2.75 and its Beneish M-Score is -2.39.

This publicly-traded company’s Profitability and Growth score is 6/10, thanks to a combination of things: an Operating Margin of 30.06, a Net Margin of 53.87, a ROE of 7.97, and a ROC of 736.87.

Shifting focus now to Valuation and Return for PLD, this company’s Price to Tangible Book is 2.55 and its Price to Median PS Value is 1.72. Price to Peter Lynch Fair Value for PLD is now 2.91, and this organization’s Price to Graham Number is 1.92. Meanwhile, its Forward Rate of Return (Yactman) is 14.11.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for PLD is sitting at 2.25, while its Current Ratio is 2.25 and its PEG Ratio is 2.2. This stock’s PB Ratio is 2.55, its PS Ratio is 17.94, its Forward PE Ratio is 46.08, and its PE Ratio without NRI is 32.42. Similarly, its Shiller PE Ratio is 131.61, its Price to Owner Earnings is 21.49, its Price to Free Cash Flow is 27.31 and its Price to Operating Cash Flow is 27.31.