Principal Financial Group Inc. (NASDAQ: PFG) has a higher price-to-earnings ratio of 4.40x compared to its average ratio,, and the 36-month beta value for PFG is at 1.29. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 10 as “hold,” and 6 as “sell.”
The average price suggested by analysts for PFG is $76.77, which is $1.23 above the current market price. The public float for PFG is 241.66M, and currently, shorts hold a 2.50% of that float. The average trading volume for PFG on June 16, 2023 was 1.79M shares.
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PFG) stock’s latest price update
Principal Financial Group Inc. (NASDAQ: PFG) has seen a rise in its stock price by 2.42 in relation to its previous close of 72.35. However, the company has experienced a 4.62% gain in its stock price over the last five trading sessions. MarketWatch.com reported on 06/11/22 that ‘I needed something to do’: How working in retirement is being embraced by older adults and companies
PFG’s Market Performance
Principal Financial Group Inc. (PFG) has experienced a 4.62% rise in stock performance for the past week, with a 10.17% rise in the past month, and a 2.12% rise in the past quarter. The volatility ratio for the week is 2.60%, and the volatility levels for the past 30 days are at 2.43% for PFG. The simple moving average for the past 20 days is 6.36% for PFG’s stock, with a -8.11% simple moving average for the past 200 days.
Analysts’ Opinion of PFG
Many brokerage firms have already submitted their reports for PFG stocks, with Keefe Bruyette repeating the rating for PFG by listing it as a “Mkt Perform.” The predicted price for PFG in the upcoming period, according to Keefe Bruyette is $75 based on the research report published on June 09th of the current year 2023.
PFG Trading at 3.42% from the 50-Day Moving Average
After a stumble in the market that brought PFG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.95% of loss for the given period.
Volatility was left at 2.43%, however, over the last 30 days, the volatility rate increased by 2.60%, as shares surge +6.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.35% upper at present.
During the last 5 trading sessions, PFG rose by +4.62%, which changed the moving average for the period of 200-days by -2.13% in comparison to the 20-day moving average, which settled at $69.91. In addition, Principal Financial Group Inc. saw -11.70% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at PFG starting from HELTON SANDRA L, who sale 1,000 shares at the price of $80.02 back on Oct 19. After this action, HELTON SANDRA L now owns 35,747 shares of Principal Financial Group Inc., valued at $80,020 using the latest closing price.
HELTON SANDRA L, the Director of Principal Financial Group Inc., sale 14,033 shares at $80.05 during a trade that took place back on Oct 18, which means that HELTON SANDRA L is holding 18,245 shares at $1,123,342 based on the most recent closing price.
Stock Fundamentals for PFG
Current profitability levels for the company are sitting at:
- +35.03 for the present operating margin
The net margin for Principal Financial Group Inc. stands at +27.51. The total capital return value is set at 57.02, while invested capital returns managed to touch 28.19. Equity return is now at value 42.20, with 1.50 for asset returns.
Based on Principal Financial Group Inc. (PFG), the company’s capital structure generated 43.56 points at debt to equity in total, while total debt to capital is 30.34. Total debt to assets is 1.61, with long-term debt to equity ratio resting at 38.64. Finally, the long-term debt to capital ratio is 26.92.
When we switch over and look at the enterprise to sales, we see a ratio of 0.99, with the company’s debt to enterprise value settled at 0.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.54.
In conclusion, Principal Financial Group Inc. (PFG) has had a better performance lately. Opinion on the stock among analysts is bearish, with some giving it a “sell” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.