Prologis (NYSE:PLD) Stock Price Expected to Rise, Mizuho Analyst Says

Prologis (NYSE:PLD) had its target price upped by equities research analysts at Mizuho from $138.00 to $143.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has an “outperform” rating on the real estate investment trust’s stock. Mizuho’s price objective points to a potential upside of 12.57% from the stock’s previous close.

PLD has been the topic of several other reports. BMO Capital Markets reaffirmed a “market perform” rating and set a $123.00 price objective on shares of Prologis in a report on Thursday. Scotiabank upgraded Prologis from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the stock from $133.00 to $146.00 in a research report on Wednesday, January 14th. BTIG Research upped their price objective on Prologis from $134.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, December 31st. UBS Group lifted their target price on Prologis from $144.00 to $148.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Robert W. Baird restated a “neutral” rating and set a $130.00 price target (up previously from $128.00) on shares of Prologis in a report on Thursday, January 8th. Thirteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $134.39.

Prologis Price Performance

Shares of NYSE:PLD opened at $127.03 on Monday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.64 and a current ratio of 0.19. The firm has a market cap of $118.00 billion, a price-to-earnings ratio of 37.04, a P/E/G ratio of 3.71 and a beta of 1.40. The firm has a fifty day moving average price of $128.38 and a 200 day moving average price of $119.35. Prologis has a fifty-two week low of $85.35 and a fifty-two week high of $134.94.

Prologis (NYSE:PLD) last issued its quarterly earnings data on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.44. Prologis had a return on equity of 6.64% and a net margin of 37.86%.The firm had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same quarter last year, the business posted $1.42 earnings per share. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. As a group, sell-side analysts expect that Prologis will post 5.73 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Prologis news, Director Cristina Gabriela Bita sold 621 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $127.60, for a total transaction of $79,239.60. Following the sale, the director owned 8,208 shares of the company’s stock, valued at approximately $1,047,340.80. The trade was a 7.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.57% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Eagle Bay Advisors LLC purchased a new position in shares of Prologis in the 4th quarter valued at about $27,000. Clayton Financial Group LLC purchased a new position in Prologis in the 3rd quarter worth approximately $26,000. True Wealth Design LLC lifted its position in Prologis by 87.1% during the fourth quarter. True Wealth Design LLC now owns 262 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 122 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in Prologis during the fourth quarter worth $38,000. Finally, Beacon Financial Strategies CORP purchased a new stake in Prologis in the 4th quarter valued at $40,000. 93.50% of the stock is owned by institutional investors and hedge funds.

Prologis Company Profile

Prologis, Inc is a real estate investment trust (REIT) specializing in logistics and distribution facilities. The company focuses on acquiring, developing, and managing high-quality industrial real estate assets that support supply chain infrastructure for third-party logistics providers, e-commerce businesses, retailers and manufacturers. Its portfolio primarily consists of warehouse and distribution centers designed to optimize goods movement and storage near key transportation hubs.

With a global presence, Prologis serves customers across the Americas, Europe and Asia Pacific.