Prologis Inc (PLD): Today's Featured Financial Laggard

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 Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.1%. By the end of trading, Prologis fell 41 cents (-1.1%) to $35.16 on average volume. Throughout the day, 3.1 million shares of Prologis exchanged hands as compared to its average daily volume of 2.5 million shares. The stock ranged in price between $35.04-$35.72 after having opened the day at $35.50 as compared to the previous trading day's close of $35.57. Other companies within the Financial sector that declined today were: American Realty Investors ( ARL), down 11.9%, Village Bank and Trust Financial Corporatio ( VBFC), down 11.5%, OptimumBank Holdings ( OPHC), down 8%, and Tree.com ( TREE), down 7.8%.
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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 $16.76 billion and is part of the real estate industry. The company has a P/E ratio of 56, below the average real estate industry P/E ratio of 80.8 and above the S&P 500 P/E ratio of 17.7. Shares are up 24.4% year to date as of the close of trading on Friday. Currently there are seven analysts that rate Prologis a buy, no analysts rate it a sell, and five 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.

On the positive front, PremierWest Bancorp ( PRWT), up 17.9%, VelocityShares 3x Inverse Natural Gas ETN ( DGAZ), up 10.8%, Riverview Bancorp ( RVSB), up 10.5%, and Jefferson ( JFBI), up 9.9%, were all gainers within the financial sector with NYSE Euronext ( NYX) being today's featured financial sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

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