Are Principal Financial Group Inc (PFG) stocks a prudent buy?

Principal Financial Group Inc [PFG] stock prices are up 0.59% to $83.38 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PFG shares have gain 2.11% over the last week, with a monthly amount glided 6.43%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Principal Financial Group Inc [NASDAQ: PFG] stock has seen the most recent analyst activity on January 23, 2025, when BMO Capital Markets initiated its Market Perform rating and assigned the stock a price target of $93. Previously, JP Morgan upgraded its rating to Overweight on January 07, 2025, and dropped its price target to $92. On December 18, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $90 on the stock. Wells Fargo downgraded its rating to a Underweight and decreased its price target to $75 on December 11, 2024. Morgan Stanley downgraded its rating to a Underweight and reduced its price target to $80 on December 05, 2024. Barclays started tracking with a Underweight rating for this stock on September 05, 2024, and assigned it a price target of $74. In a note dated July 09, 2024, Raymond James upgraded an Strong Buy rating on this stock but restated the target price of $99.

The stock price of Principal Financial Group Inc [PFG] has been fluctuating between $72.21 and $91.97 over the past year. Currently, Wall Street analysts expect the stock to reach $79.25 within the next 12 months. Principal Financial Group Inc [NASDAQ: PFG] shares were valued at $83.38 at the most recent close of the market. An investor can expect a potential drop of -4.95% based on the average PFG price forecast.

Analyzing the PFG fundamentals

The Principal Financial Group Inc [NASDAQ:PFG] reported sales of 14.07B for trailing twelve months, representing a drop of -34.51%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at -0.0%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.02 and Total Capital is -0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.35.

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 82.75 points at the first support level, and at 82.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 84.04, and for the 2nd resistance point, it is at 84.69.

Ratios To Look Out For

It’s worth pointing out that Principal Financial Group Inc [NASDAQ:PFG]’s Current Ratio is 0.54. Considering the valuation of this stock, the price to sales ratio is 1.36, the price to book ratio is 1.70.

Transactions by insiders

Recent insider trading involved DEANNA STRABLE-SOETHOUT, Officer, that happened on Jan 15 ’25 when 21780.0 shares were purchased. Officer, WEE YEE CHEONG completed a deal on Nov 25 ’24 to buy 18985.0 shares. Meanwhile, Officer WEE YEE CHEONG bought 510.0 shares on Nov 18 ’24.

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