Analyst Ratings for Prologis Inc. (PLD)

Updated: 2017-07-26

Prologis Inc. (NYSE:PLD) was awarded an average rating of Overweight from investment analysts following the stock. About 30 days ago, PLD was issued an average rating of Overweight.

19 analysts issued ratings on the stock, where 10 gave PLD a buy rating, 2 issued an overweight rating, 7 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Investment analysts gave a few price targets for PLD. The most optimistic analyst gave a price target of 66, which equates to a potential upside of 7.95 percent. The minimum price target given was 53, which equates to a potential downside of -13.31 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 3.13 percent. That number becomes 8.62 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 3.52 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 10.08 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 3 analysts that decreased their estimates. Over the same time period, 8 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

PLD has an estimated earnings growth rate of 28.27 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of PLD is 0.97.

In the trailing 52-weeks, PLD hit 61.45 at the highest peak, while it's lowest trading point was 45.93. The current market price is above the trailing year's low by 33.12 percent, and 0.5 percent below the high. PLD has a price/earnings ratio of 27.54. Investors typically compare the P/E ratio to a company's peers in the industry. The PLD value stock report compares PLD to some of its peers using value stock charts. The market cap of PLD is $31.96 billion. PLD's next earnings release will be on 0000-00-00, which is days away.