In the past week, PFG stock has gone down by -3.43%, with a monthly decline of -4.58% and a quarterly surge of 1.66%. The volatility ratio for the week is 1.74%, and the volatility levels for the last 30 days are 1.58% for Principal Financial Group Inc The simple moving average for the past 20 days is -5.93% for PFG’s stock, with a 1.81% simple moving average for the past 200 days.
Is It Worth Investing in Principal Financial Group Inc (NASDAQ: PFG) Right Now?
The price-to-earnings ratio for Principal Financial Group Inc (NASDAQ: PFG) is above average at 32.40x, Company’s 36-month beta value is 1.25.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 6 as “hold,” and 1 as “sell.”
The public float for PFG is 233.63M, and currently, short sellers hold a 1.05% ratio of that floaft. The average trading volume of PFG on April 18, 2024 was 1.17M shares.
PFG) stock’s latest price update
Principal Financial Group Inc (NASDAQ: PFG)’s stock price has increased by 0.29 compared to its previous closing price of 78.25. However, the company has seen a -3.43% decrease in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-15 that The most obvious Caitlin Clark stocks are Nike (NYSE: NKE ) and PepsiCo (NASDAQ: PEP ). The NCAA basketball phenom already has deals with the two public companies.
Analysts’ Opinion of PFG
Many brokerage firms have already submitted their reports for PFG stocks, with Morgan Stanley repeating the rating for PFG by listing it as a “Equal-Weight.” The predicted price for PFG in the upcoming period, according to Morgan Stanley is $75 based on the research report published on February 15, 2024 of the current year 2024.
Evercore ISI, on the other hand, stated in their research note that they expect to see PFG reach a price target of $83, previously predicting the price at $82. The rating they have provided for PFG stocks is “In-line” according to the report published on January 04th, 2024.
Jefferies gave a rating of “Hold” to PFG, setting the target price at $65 in the report published on June 23rd of the previous year.
PFG Trading at -3.53% 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 -9.57% of loss for the given period.
Volatility was left at 1.58%, however, over the last 30 days, the volatility rate increased by 1.74%, as shares sank -5.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.24% upper at present.
During the last 5 trading sessions, PFG fell by -3.43%, which changed the moving average for the period of 200-days by +3.48% in comparison to the 20-day moving average, which settled at $83.20. In addition, Principal Financial Group Inc saw -0.24% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PFG
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 1.0 for the gross margin
The net margin for Principal Financial Group Inc stands at 0.05. The total capital return value is set at 0.0. Equity return is now at value 5.96, with 0.22 for asset returns.
Based on Principal Financial Group Inc (PFG), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.95. The debt to equity ratio resting at 0.37. The interest coverage ratio of the stock is 136.59.
Currently, EBITDA for the company is -76.0 million with net debt to EBITDA at -0.31. When we switch over and look at the enterprise to sales, we see a ratio of 1.3. The receivables turnover for the company is 0.56for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.50.
Conclusion
In a nutshell, Principal Financial Group Inc (PFG) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
