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.
A number of analysts gave price targets for PLD. The most optimistic price target was 66, which equates to a potential upside of 7.95 percent. The most pessimistic analyst gave a price target of 53, implying potential capital losses of -13.31 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 3.13 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 8.62 percent. Meanwhile, fiscal year estimates have been revised upwards by 3.52 percent, compared to last month. 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 made positive revisions to their quarterly estimates over the past month, which can be compared to the 3 analysts that decreased their estimates. Also over the last month, 8 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of PLD to grow at a rate of 28.27 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. PLD has a PEG ratio of 0.97.
PLD has traded between a high of 61.45 and a low of 45.93 over the past year. Currently the stock is 33.12 percent higher than its low, and 0.5 percent below the high. PLD has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.