Principal Financial Group Inc (NASDAQ: PFG)’s stock price has surge by 0.68relation to previous closing price of 86.87. Nevertheless, the company has seen a 7.25% surge in its stock price over the last five trading sessions. zacks.com reported 2024-07-10 that Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes?
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 16.75x, Company’s 36-month beta value is 1.22.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.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for PFG is 232.95M, and currently, short sellers hold a 1.23% ratio of that floaft. The average trading volume of PFG on July 18, 2024 was 1.03M shares.
PFG’s Market Performance
PFG stock saw an increase of 7.25% in the past week, with a monthly gain of 14.09% and a quarterly increase of 11.77%. The volatility ratio for the week is 1.94%, and the volatility levels for the last 30 days are 1.83% for Principal Financial Group Inc (PFG). The simple moving average for the past 20 days is 8.48% for PFG’s stock, with a 12.01% simple moving average for the past 200 days.
Analysts’ Opinion of PFG
Many brokerage firms have already submitted their reports for PFG stocks, with Raymond James repeating the rating for PFG by listing it as a “Strong Buy.” The predicted price for PFG in the upcoming period, according to Raymond James is $99 based on the research report published on July 09, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see PFG reach a price target of $96, previously predicting the price at $88. The rating they have provided for PFG stocks is “Neutral” according to the report published on July 02nd, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to PFG, setting the target price at $75 in the report published on February 15th of the current year.
PFG Trading at 7.76% 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 able to rebound, for now settling with 0.21% of gains for the given period.
Volatility was left at 1.83%, however, over the last 30 days, the volatility rate increased by 1.94%, as shares surge +12.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.70% upper at present.
During the last 5 trading sessions, PFG rose by +7.25%, which changed the moving average for the period of 200-days by +20.37% in comparison to the 20-day moving average, which settled at $81.10. In addition, Principal Financial Group Inc saw 11.17% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PFG
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 1.0 for the gross margin
The net margin for Principal Financial Group Inc stands at 0.09. The total capital return value is set at 0.01. Equity return is now at value 12.11, with 0.46 for asset returns.
Based on Principal Financial Group Inc (PFG), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at 0.92. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is -282.93.
Currently, EBITDA for the company is -76.0 million with net debt to EBITDA at -0.07. When we switch over and look at the enterprise to sales, we see a ratio of 1.36. The receivables turnover for the company is 0.62for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.46.
Conclusion
In a nutshell, Principal Financial Group Inc (PFG) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.