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Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

Prologis, with the symbol PLD-N, is considered as the No. 1 Bellwether for industrial real estate locally, known for its global logistics operations. It has shown robust internal growth and is believed to be currently trading at a discount to its Net Asset Value (NAV). The company's strategic levers such as solar and EV are viewed as potential growth opportunities. Despite a recent period of trading sideways, Prologis continues to show resilience and potential for further growth, particularly in its key markets such as southern California and the data centre business. The company is in a strong position to benefit from the expected decline in interest rates next year, positioning it as a favorable choice for investors in the REIT sector. Prologis reported an impressive quarter, with a significant rise in same-store sales net operating income and positive full-year outlook, indicating its strength in the market.

Consensus
positive
Valuation
undervalued
STRONG BUY
Prologis

Bellwether for industrial real estate locally. Really great enterprise, good at operating logistics assets globally. In the best markets. Robust internal growth, discount to NAV. Sees $140 NAV. Levers to pull like solar and EV, it's just the beginning.

(Analysts’ price target is $144.00)
investment companies / funds
BUY
Prologis

Has liked this since 2008. Rallied over 30% since last October, but trading sideways lately. When it reported a few months ago it was in-line with solid guidance though there was a little hair on the dog. Management gave a optimistic comments on its largest market, southern California, and made big money in the red-hot data centre business.

investment companies / funds
BUY
Prologis

Now that interest rates are set to decline next year, investors should be in REITs. PLD owns warehouses and logistics facilities. Its last quarter put up great numbers and shares have bounced 24% since late October. They had an investors day today and announced their plans and targets, which led to a 6% pop.

investment companies / funds
BUY
Prologis

Yesterday, they reported a super quarter - headline numbers were in line, but same-store sales net operating income rose 11%. They can charge higher rents, not lose tenants and make money. Their full-year outlook was positive. Share are now a bargain.

investment companies / funds
BUY
Prologis

It bottomed like the market last mid-October despite putting it good numbers throughout last year. The decline in e-commerce impacted them, which was surprised him. Have since rebounded from $98 to $127. A few weeks ago they reported an excellent quarter. The full-year forecast was mixed, but nobody minded because shares have fallen so low.

investment companies / funds
BUY
Prologis
Been hammered this year because Amazon overbuilt their centres' capacity. Down 33% this year. Meanwhile, PLD bought another logistics company. Shares are down because of this macro, but the actual company results have been solid, a 97.7% occupancy rate now. A long-term winner. Cheap at 22x 2023 funds from operations.
investment companies / funds
BUY
Prologis
Shares have been hammered since April when Amazon revealed it had built too many warehouses and wanted to get out of some leases. PLD got hit way too much. PLD has the best spaces and Amazon makes up less than 5% of their business. Last week they delivered a blow-out quarter: 98% occupancy rate and raised their full-year forecast. Only 2 properties were up for renegotiation with Amazon and that number is now 0. Shares are up, but still down $50 from April highs.
investment companies / funds
BUY
Prologis
Down 30% from its peak and not it's worth buying. Has long owned and liked this. They do B2B transaction, which thrived during the pandemic. The stock held up even when the world was moving back to normal, like last April. They reported a strong beat and raised their forecast on April 19. A week lower, shares slid for 9 sessions at 28%, because Amazon at that reported that it built too much warehouse space. So Amazon slashed their capex. Amazon accounts for 5% of PLD's net effective rent, their biggest customer. The sell-off in PLD was a huge over-reaction. Then, PLD offered to buy a key competitor on May 10 when the market was selling off (bad timing). Then, the macro view is pessimistic--recession fears. In contrast, he argues that Amazon can't strong-arm PLD on rent. PLD doesn't lack demand. They had a 98% occupancy rate in March. Also, the Duke Realty merger (key competitor) will be accretive. PLD has long-term leases with clients, so a wider economic slowdown won't hurt them. It's one of the best secular growth stories of the past 15 years.
investment companies / funds
BUY
Prologis
Staying long. Freight equates to rising inventories, so stuff has to be stored somewhere.
investment companies / funds
COMMENT
Prologis
First name that comes to mind in industrial storage space. He doesn't own it, but would consider it more for growth instead of yield.
investment companies / funds
PAST TOP PICK
Prologis
(A Top Pick Oct 30/20, Up 52%) Great name in real estate. Nice way to play e-commerce. Massive demand for these properties, and it takes a while to catch up. Good room for continued rent growth.
investment companies / funds
BUY
Prologis
They own warehouses and fulfillment centres all over the world then leases to companies like Amazon and FedEx. He's long loved this. It's up 45% in the past year, including 15% since the start of October. They reported a super quarter a few weeks ago. Today, they just held a logistics conference to fix the supply chain crisis.
investment companies / funds
BUY
Prologis
PLD-N vs. EQIX-Q. PLD is the largest operator of industrial warehouse space globally. It is a fantastic company. It has benefitted so much from everyone going online and buying goods. EQIX-Q is focused on data center space. A great operator. The largest in its space. He prefers industrial space over data center space. The supply side is the big question and there is little supply of industrial space but there is lots of data center space. He prefers PLD-N.
investment companies / funds
BUY
Prologis
A REIT that holds fulfillment centres including Amazon, Home Depot, FedEx and others. A fine e-commerce play. It pays only a 1.9% dividend because shares keep rising to pay a great total return. It's pulled back 7% from highs.
investment companies / funds
PAST TOP PICK
Prologis
(A Top Pick Oct 30/20, Up 0%) Second biggest REIT in the world. Backdoor way to play e-commerce. Great company. Expecting industry-leading growth. Payout ratio relatively low, expects continued dividend growth.
investment companies / funds
Showing 1 to 15 of 38 entries

Prologis(PLD-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for Prologis is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Prologis(PLD-N) Frequently Asked Questions

What is Prologis stock symbol?

Prologis is a American stock, trading under the symbol PLD-N on the New York Stock Exchange (PLD). It is usually referred to as NYSE:PLD or PLD-N

Is Prologis a buy or a sell?

In the last year, 4 stock analysts published opinions about PLD-N. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Prologis.

Is Prologis a good investment or a top pick?

Prologis was recommended as a Top Pick by on . Read the latest stock experts ratings for Prologis.

Why is Prologis stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Prologis worth watching?

4 stock analysts on Stockchase covered Prologis In the last year. It is a trending stock that is worth watching.

What is Prologis stock price?

On 2024-04-19, Prologis (PLD-N) stock closed at a price of $103.49.