Prologis stock: buy or sell?

PLD stock price: $99.23 0.28% At close on February 21st, 2020

Updated on:
February 21st, 2020

5

Prologis shares set new all time highs again today, setting highs to $99.71. Shares closed at $99.23 and remained stable 0.28%.

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2017, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 684 million square feet (64 million square meters) in 19 countries.

Should I buy Prologis stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, 2 buy setups are elegible for Prologis stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Prologis stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't detect any rating for PLD stock for the last month.

Prologis stock analysis

Daily outlook

Prologis remained constant 0.28% to $99.23 after topping to all time highs today.

Shares of Prologis ended today at $99.23 after marking a new all time high ($99.71) and remained steady a slightly fine 0.28%. On Jan 8th PLD price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock.

PLD stock chart (daily)

Weekly outlook

Prologis shares gained 1.72% this week and reached a new all time high at $99.71. Counting this, it's been 3 climbing weeks in a row, soaring a 6.60%. By mid January PLD boosted a wonderful 5.12% in just one week.

PLD shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom early February, PLD climbed unceasignly breaking out to new all time highs. Since mid January when PLD stock price broke up the SMA10w line, it gained $9.79 (10.95%).

PLD stock chart (weekly)

Prologis stock price history

Prologis IPO was on November 21st, 1997 at $9.10 per share1. Since then, PLD stock grew a 990.40%, with a yearly average of 45.00%. If you had invested $1,000 in Prologis stock in 1997, it would worth $9,904.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Prologis stock historical price chart

PLD stock reached all-time highs today with a price of $99.71.

Prologis stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' PLD stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not detected any price forecast for Prologis stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on April, Prologis . As soon as we get its posted EPS from the earnings report, we will update this review.
PLD earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.41n/a
2017-Q32017-10-170.371.63340.5%
2017-Q42018-01-230.340.5561.8%
2018-Q12018-04-170.740.88.1%
2018-Q22018-07-170.710.710.0%
2018-Q32018-10-160.710.721.4%
2018-Q42019-01-220.790.81.3%
2019-Q12019-04-150.32n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a great increase of 7.12% to $2,804.45 million USD. On the other hand, its profit margin (compared to sales) declined to 58.81%, that is $1,649.36 million.

To have an updated view of the financial situation of Prologis, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Prologis TTM sales up to March 2019 were $2,882.85 and income was $1,630.53 M dollars. If we compare this TTM figures with the last reported annuality, we can esteem Prologis business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, gained a tiny 2.80%. Nonetheless, profit margin (net income/sales) depreciated at 58.81%.

PLD annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,750 M-$210 M12.0%-
2014$1,761 M0.62%$636 M36.1%202.53%
2015$2,197 M24.78%$869 M39.6%36.66%
2016$2,533 M15.30%$1,210 M47.8%39.16%
2017$2,618 M3.36%$1,652 M63.1%36.56%
2018$2,804 M7.12%$1,649 M58.8%-0.18%
TTM $2,883 M2.80%$1,631 M56.6%-1.14%

Quarterly financial results

Prologis posted $772.05 M in sales for 2019-Q1, a -4.34% less compared to previous quarter. Reported quarter income marked $348.55 million with a profit margin of 45.15%. Profit margin collapsed a -28.96% compared to previous quarter when profit margin was 74.10%. When comparing revenues to same quarter last year, Prologis sales marked a phenomenal gain and boosted a 11.30%.
PLD quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$766 M-$269 M35.1%-
2017-Q3$603 M-21.31%$878 M145.6%226.81%
2017-Q4$620 M2.83%$301 M48.5%-65.73%
2018-Q1$694 M11.89%$367 M53.0%22.10%
2018-Q2$621 M-10.43%$336 M54.1%-8.52%
2018-Q3$682 M9.84%$348 M51.0%3.50%
2018-Q4$807 M18.27%$598 M74.1%71.94%
2019-Q1$772 M-4.34%$349 M45.1%-41.72%

Prologis ownership

When you are planning to buy shares of a company, it's always worth to review its ownership structure.

Prologis shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.54% of all shares.

Bearish positions for PLD stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related companies:

PLD
Market cap$73.3 B
Total shares738.8 M
Float shares629.3 M
  - Institutional holdings (%)84.6%
  - Insider holdings (%)0.5%
Shares in short selling0.0%

Prologis summary

Friday, February 21st, 2020
Open$98.93
Close$99.23
Day range$98.93 - $99.71
Previous close$98.95
Session gain0.28%
Average true range$1.48
50d mov avg$92.14
100d mov avg$90.11
200d mov avg$84.89
Daily pattern
Weekly pattern lb03c

Prologis performance

To better understand Prologis performance you must compare its gains with other related stocks in same sector or industry. We chose as the bechmarking frame for Prologis stock.
Stock3m6m12m
PLDPrologis10.24%22.67%42.27%

Prologis competitors

Unfortunately, we could not find any public company that could be defined as Prologis competitor. This doesn't mean Prologis does not have any competitor in the market, it's just we could not detected it.

    Latest Prologis stock news