Prologis (PLD) closed the most recent trading day at $108.41, moving +1.9% from the previous trading session. This change outpaced the S&P 500's 0.28% gain on the day. Elsewhere, the Dow saw an upswing of 0.43%, while the tech-heavy Nasdaq appreciated by 0.09%.
Heading into today, shares of the industrial real estate developer had lost 1.94% over the past month, lagging the Finance sector's gain of 2.79% and the S&P 500's gain of 4.37%.
Analysts and investors alike will be keeping a close eye on the performance of Prologis in its upcoming earnings disclosure. The company's earnings report is set to go public on July 16, 2025. It is anticipated that the company will report an EPS of $1.41, marking a 5.22% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $2 billion, showing a 7.88% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.7 per share and revenue of $8.09 billion, which would represent changes of +2.52% and +7.65%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Prologis. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming 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.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Currently, Prologis is carrying a Zacks Rank of #3 (Hold).
Investors should also note Prologis's current valuation metrics, including its Forward P/E ratio of 18.67. This indicates a premium in contrast to its industry's Forward P/E of 11.31.
Also, we should mention that PLD has a PEG ratio of 2.7. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The REIT and Equity Trust - Other was holding an average PEG ratio of 2.41 at yesterday's closing price.
The REIT and Equity Trust - Other industry is part of the Finance sector. With its current Zacks Industry Rank of 152, this industry ranks in the bottom 39% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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.
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Prologis, Inc. (PLD): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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