Demystifying Prologis: Insights From 10 Analyst Reviews

Analysts' ratings for Prologis PLD over the last quarter vary from bullish to bearish, as provided by 10 analysts.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $133.4, a high estimate of $153.00, and a low estimate of $120.00. This current average has decreased by 2.51% from the previous average price target of $136.83.

Interpreting Analyst Ratings: A Closer Look

A comprehensive examination of how financial experts perceive Prologis is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Prologis. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Prologis compared to the broader market.
• Price Targets: Understanding forecasts, analysts offer estimates for Prologis's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Prologis's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Prologis analyst ratings.

Delving into Prologis's Background

Prologis was formed by the June 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1.2 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $60 billion of third-party AUM. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.

Key Indicators: Prologis's Financial Health

Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.

Revenue Growth: Over the 3 months period, Prologis showcased positive performance, achieving a revenue growth rate of 9.35% as of 30 September, 2023. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Prologis's net margin excels beyond industry benchmarks, reaching 38.97%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Prologis's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.4%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Prologis's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.81%, the company showcases efficient use of assets and strong financial health.

Debt Management: With a below-average debt-to-equity ratio of 0.51, Prologis adopts a prudent financial strategy, indicating a balanced approach to debt management.

How Are Analyst Ratings Determined?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

This article was generated by Benzinga's automated content engine and reviewed by an editor.