Prologis Inc (PLD): Today's Featured Real Estate Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Prologis ( PLD) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole closed the day up 0.7%. By the end of trading, Prologis rose 81 cents (2.4%) to $34.76 on average volume. Throughout the day, 3.3 million shares of Prologis exchanged hands as compared to its average daily volume of 2.5 million shares. The stock ranged in a price between $34.01-$34.95 after having opened the day at $34.13 as compared to the previous trading day's close of $33.95. Other companies within the Real Estate industry that increased today were: IFM Investments ( CTC), up 52.3%, Amrep Corporation ( AXR), up 8.9%, IRSA Investments and Representations ( IRS), up 5.8%, and Impac Mortgage Holdings ( IMH), up 5.7%.
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Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, management, and leasing of industrial distribution and retail properties. Prologis has a market cap of $15.79 billion and is part of the financial sector. The company has a P/E ratio of 52.7, below the average real estate industry P/E ratio of 76.2 and above the S&P 500 P/E ratio of 17.7. Shares are up 19.9% year to date as of the close of trading on Wednesday. Currently there are six analysts that rate Prologis a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Prologis as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).

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