We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Prologis (PLD) Rises But Trails Market: What Investors Should Know
Read MoreHide Full Article
In the latest market close, Prologis (PLD - Free Report) reached $110.26, with a +1.7% movement compared to the previous day. The stock lagged the S&P 500's daily gain of 1.77%. Elsewhere, the Dow gained 1.42%, while the tech-heavy Nasdaq added 2.28%.
Shares of the industrial real estate developer witnessed a loss of 10.37% over the previous month, trailing the performance of the Finance sector with its loss of 1.46% and the S&P 500's loss of 5.73%.
Market participants will be closely following the financial results of Prologis in its upcoming release. The company plans to announce its earnings on April 16, 2025. The company is expected to report EPS of $1.38, up 7.81% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $1.95 billion, indicating a 6.9% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.73 per share and revenue of $8.01 billion, indicating changes of +3.06% and +6.56%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Prologis. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.02% fall in the Zacks Consensus EPS estimate. Prologis is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that Prologis has a Forward P/E ratio of 18.93 right now. This indicates a premium in contrast to its industry's Forward P/E of 11.07.
One should further note that PLD currently holds a PEG ratio of 2.59. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The REIT and Equity Trust - Other industry currently had an average PEG ratio of 2.22 as of yesterday's close.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 140, finds itself in the bottom 45% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Prologis (PLD) Rises But Trails Market: What Investors Should Know
In the latest market close, Prologis (PLD - Free Report) reached $110.26, with a +1.7% movement compared to the previous day. The stock lagged the S&P 500's daily gain of 1.77%. Elsewhere, the Dow gained 1.42%, while the tech-heavy Nasdaq added 2.28%.
Shares of the industrial real estate developer witnessed a loss of 10.37% over the previous month, trailing the performance of the Finance sector with its loss of 1.46% and the S&P 500's loss of 5.73%.
Market participants will be closely following the financial results of Prologis in its upcoming release. The company plans to announce its earnings on April 16, 2025. The company is expected to report EPS of $1.38, up 7.81% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $1.95 billion, indicating a 6.9% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.73 per share and revenue of $8.01 billion, indicating changes of +3.06% and +6.56%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Prologis. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.02% fall in the Zacks Consensus EPS estimate. Prologis is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that Prologis has a Forward P/E ratio of 18.93 right now. This indicates a premium in contrast to its industry's Forward P/E of 11.07.
One should further note that PLD currently holds a PEG ratio of 2.59. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The REIT and Equity Trust - Other industry currently had an average PEG ratio of 2.22 as of yesterday's close.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 140, finds itself in the bottom 45% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.