At the time of writing, Principal Financial Group Inc [PFG] stock is trading at $85.78, up 0.20%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PFG shares have gain 4.39% over the last week, with a monthly amount glided 9.95%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Principal Financial Group Inc [NASDAQ: PFG] stock has seen the most recent analyst activity on September 05, 2024, when Barclays initiated its Underweight rating and assigned the stock a price target of $74. Previously, Raymond James upgraded its rating to Strong Buy on July 09, 2024, and kept the price target unchanged to $99. On July 02, 2024, upgrade upgraded it’s rating to Neutral and revised its price target to $96 on the stock. Morgan Stanley upgraded its rating to a Equal-Weight but stick to its price target of $75 on February 15, 2024. Evercore ISI upgraded its rating to a In-line and raised its price target to $83 on January 04, 2024. Jefferies upgraded its rating to Hold for this stock on June 23, 2023, and upped its price target to $65. In a note dated June 09, 2023, Keefe Bruyette upgraded an Mkt Perform rating on this stock and revised its target price from $77 to $75.
For the past year, the stock price of Principal Financial Group Inc fluctuated between $66.21 and $88.26. Currently, Wall Street analysts expect the stock to reach $78.71 within the next 12 months. Principal Financial Group Inc [NASDAQ: PFG] shares were valued at $85.78 at the most recent close of the market. An investor can expect a potential drop of -8.24% based on the average PFG price forecast.
Analyzing the PFG fundamentals
According to Principal Financial Group Inc [NASDAQ:PFG], the company’s sales were 15.65B for trailing twelve months, which represents an 21.18% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.11 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.36.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 85.49 points at the first support level, and at 85.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 86.15, and for the 2nd resistance point, it is at 86.53.
Ratios To Look Out For
It is important to note that Principal Financial Group Inc [NASDAQ:PFG] has a current ratio of 0.50. Considering the valuation of this stock, the price to sales ratio is 1.27, the price to book ratio is 1.81 and price to earnings (TTM) ratio is 16.72.
Transactions by insiders
Recent insider trading involved KEN MCCULLUM, Officer, that happened on Sep 05 ’24 when 4365.0 shares were purchased. Officer, AMY FRIEDRICH TODSUBJECT TO ST completed a deal on Sep 04 ’24 to buy 23575.0 shares. Meanwhile, Officer WEE YEE CHEONG bought 1200.0 shares on Sep 04 ’24.
