Prologis (PLD) Increases Despite Market Slip: Here's What You Need to Know

Company Performance - Prologis (PLD) closed at $122.77, reflecting a +0.5% change from the previous session, outperforming the S&P 500 which lost 1.59% [1] - Over the past month, Prologis shares gained 2.51%, surpassing the Finance sector's loss of 0.09% and the S&P 500's loss of 2.23% [1] Upcoming Earnings - Analysts expect Prologis to report earnings of$ 1.38 per share, indicating a year-over-year growth of 7.81% [2] - The revenue forecast for the upcoming earnings report is $1.95 billion, representing a 6.9% increase compared to the same quarter last year [2] Annual Estimates - For the annual period, earnings are anticipated to be$ 5.73 per share and revenue at $8.01 billion, reflecting increases of +3.06% and +6.56% respectively from the previous year [3] - Recent changes in analyst estimates suggest optimism regarding Prologis's business and profitability [3] Valuation Metrics - Prologis has a Forward P/E ratio of 21.33, which is a premium compared to its industry's Forward P/E of 11.22 [5] - The PEG ratio for Prologis is currently 2.92, while the average PEG ratio for the REIT and Equity Trust - Other industry is 2.14 [6] Industry Ranking - The REIT and Equity Trust - Other industry, part of the Finance sector, holds a Zacks Industry Rank of 135, placing it in the bottom 47% of over 250 industries [6] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]