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Prologis (PLD) Rises As Market Takes a Dip: Key Facts
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Prologis (PLD - Free Report) closed at $143.83 in the latest trading session, marking a +2.34% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.37%. Elsewhere, the Dow gained 0.29%, while the tech-heavy Nasdaq lost 1.33%.
The stock of industrial real estate developer has fallen by 3.67% in the past month, lagging the Finance sector's gain of 4.79% and the S&P 500's gain of 2.02%.
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 July 16, 2026. The company is forecasted to report an EPS of $1.54, showcasing a 5.48% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $2.13 billion, up 5.17% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $6.18 per share and a revenue of $8.58 billion, representing changes of +6.37% and +5.18%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Prologis. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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 0.15% rise in the Zacks Consensus EPS estimate. As of now, Prologis holds a Zacks Rank of #3 (Hold).
From a valuation perspective, Prologis is currently exchanging hands at a Forward P/E ratio of 22.75. This indicates a premium in contrast to its industry's Forward P/E of 12.87.
Meanwhile, PLD's PEG ratio is currently 3.05. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the REIT and Equity Trust - Other industry stood at 2.45 at the close of the market yesterday.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 77, which puts it in the top 32% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Prologis (PLD) Rises As Market Takes a Dip: Key Facts
Prologis (PLD - Free Report) closed at $143.83 in the latest trading session, marking a +2.34% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.37%. Elsewhere, the Dow gained 0.29%, while the tech-heavy Nasdaq lost 1.33%.
The stock of industrial real estate developer has fallen by 3.67% in the past month, lagging the Finance sector's gain of 4.79% and the S&P 500's gain of 2.02%.
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 July 16, 2026. The company is forecasted to report an EPS of $1.54, showcasing a 5.48% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $2.13 billion, up 5.17% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $6.18 per share and a revenue of $8.58 billion, representing changes of +6.37% and +5.18%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Prologis. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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 0.15% rise in the Zacks Consensus EPS estimate. As of now, Prologis holds a Zacks Rank of #3 (Hold).
From a valuation perspective, Prologis is currently exchanging hands at a Forward P/E ratio of 22.75. This indicates a premium in contrast to its industry's Forward P/E of 12.87.
Meanwhile, PLD's PEG ratio is currently 3.05. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the REIT and Equity Trust - Other industry stood at 2.45 at the close of the market yesterday.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 77, which puts it in the top 32% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.