Company Performance - Prologis (PLD) stock increased by 1.88% to $142.66, outperforming the S&P 500 which fell by 0.54% on the same day [1] - Year-to-date, Prologis shares have risen by 10.15%, significantly exceeding the Finance sector's gain of 0.2% and the S&P 500's gain of 0.58% [1] Earnings Estimates - Prologis is expected to report earnings per share (EPS) of $1.48, representing a 4.23% increase from the same quarter last year [2] - Revenue is projected to be $2.11 billion, indicating a growth of 6.41% compared to the same quarter of the previous year [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates predict earnings of $6.12 per share and revenue of $8.64 billion, reflecting increases of 5.34% and 5.94% respectively from the previous year [3] - Recent analyst estimate revisions suggest a favorable outlook on Prologis's business health and profitability [3] Valuation Metrics - Prologis currently has a Forward P/E ratio of 22.88, which is a premium compared to its industry's Forward P/E of 12.21 [6] - The company has a PEG ratio of 3.46, while the average PEG ratio for the REIT and Equity Trust - Other industry is 2.67 [6] Industry Context - The REIT and Equity Trust - Other industry, part of the Finance sector, has a Zacks Industry Rank of 154, placing it in the bottom 38% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Prologis (PLD) Advances While Market Declines: Some Information for Investors