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Prologis (PLD) Ascends But Remains Behind Market: Some Facts to Note

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In the latest close session, Prologis (PLD - Free Report) was up +2.64% at $132.18. The stock's change was less than the S&P 500's daily gain of 2.91%. At the same time, the Dow added 2.49%, and the tech-heavy Nasdaq gained 3.83%.

Shares of the industrial real estate developer witnessed a loss of 9.77% over the previous month, trailing the performance of the Finance sector with its loss of 7.75%, and the S&P 500's loss of 7.64%.

The investment community will be closely monitoring the performance of Prologis in its forthcoming earnings report. The company is scheduled to release its earnings on April 16, 2026. In that report, analysts expect Prologis to post earnings of $1.48 per share. This would mark year-over-year growth of 4.23%. Simultaneously, our latest consensus estimate expects the revenue to be $2.11 billion, showing a 6.41% escalation compared to the year-ago quarter.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.14 per share and revenue of $8.64 billion, indicating changes of +5.68% and +5.94%, respectively, compared to the previous year.

It is also important to note the recent changes to analyst estimates for Prologis. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research shows that these estimate changes are directly correlated with near-term stock prices. 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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Right now, Prologis possesses a Zacks Rank of #3 (Hold).

Investors should also note Prologis's current valuation metrics, including its Forward P/E ratio of 20.99. This expresses a premium compared to the average Forward P/E of 11.04 of its industry.

We can also see that PLD currently has a PEG ratio of 3.04. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. PLD's industry had an average PEG ratio of 2.3 as of yesterday's close.

The REIT and Equity Trust - Other industry is part of the Finance sector. With its current Zacks Industry Rank of 88, this industry ranks in the top 36% 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.

You can find more information on all of these metrics, and much more, on Zacks.com.

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