From Nasdaq:

Prologis (PLD) wrapped up its most recent trading session at $131.32, marking a slight -1.67% move from the previous trading day’s closing. The stock fell short of the S&P 500, which registered a loss of 0.07% for the day. Heading to today, shares of the industrial real estate developer saw a gain of 3.33% over the past month.

Investors are looking ahead to Prologis’ upcoming earnings release on January 17, 2024, with an expected EPS of $1.26, a 1.61% rise compared to the previous year. Revenue is projected to be $1.78 billion, a 12.19% increase from the previous year. The Zacks Rank for Prologis stands at #3 (Hold).

Furthermore, Prologis is currently trading at a Forward P/E ratio of 24.23, indicating a premium on the industry’s average Forward P/E of 11.05. The PEG ratio stands at 2.67, above the industry’s average PEG ratio of 2.59 as of yesterday’s close. Prologis is part of the REIT and Equity Trust – Other industry, which has a Zacks Industry Rank of 159, placing it in the bottom 37% of all 250+ industries.

Don’t miss out on Zacks’ bonus report showcasing a “sleeper” stock at the center of Artificial Intelligence, with an economic impact of $15.7 Trillion by 2030. Plus, get 4 other “must buys” now. Follow Zacks.com for more stock-moving metrics in the upcoming trading sessions.



Read more: Prologis (PLD) Dips More Than Broader Market: What You Should Know