From Nasdaq:

Prologis (PLD) closed at $133.30, down 1.4% from the previous session. This comes after the Dow and Nasdaq saw decreases of 0.06% and 0.56%, respectively. Shares of the real estate developer are up 17.63% in the past month, outpacing its sector and the S&P 500.

The upcoming earnings release of Prologis will be of great interest to investors. The company’s earnings report is expected on January 17, 2024. The company is forecasted to report an EPS of $1.26, with a revenue of $1.78 billion. Zacks Rank system gives a #3 (Hold) rating for the company.

Prologis valuation is significant, with a Forward P/E of 24.14 – a premium compared to its industry’s average Forward P/E of 11.64. Prologis has a PEG ratio of 2.76, compared to the industry’s average of 2.46. The REIT and Equity Trust – Other industry finds itself in the bottom 44% of all 250+ industries based on Zacks Industry Rank.
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Read more: Prologis (PLD) Sees a More Significant Dip Than Broader Market: Some Facts to Know