In the past week, PFG stock has gone up by 3.21%, with a monthly decline of -1.21% and a quarterly plunge of -0.88%. The volatility ratio for the week is 1.21%, and the volatility levels for the last 30 days are 1.79% for Principal Financial Group Inc The simple moving average for the last 20 days is 5.03% for PFG stock, with a simple moving average of 1.17% for the last 200 days.
Is It Worth Investing in Principal Financial Group Inc (NASDAQ: PFG) Right Now?
Principal Financial Group Inc (NASDAQ: PFG) has a price-to-earnings ratio that is above its average at 15.69x. The stock has a 36-month beta value of 1.20. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 2 as “overweight,” 6 as “hold,” and 1 as “sell.”
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The public float for PFG is 230.16M, and at present, short sellers hold a 1.84% of that float. On August 29, 2024, the average trading volume of PFG was 1.21M shares.
PFG) stock’s latest price update
Principal Financial Group Inc (NASDAQ: PFG)’s stock price has plunge by 0.43relation to previous closing price of 80.18. Nevertheless, the company has seen a 3.21% surge in its stock price over the last five trading sessions. businesswire.com reported 2024-08-07 that DES MOINES, Iowa–(BUSINESS WIRE)–Principal Financial Group® (Nasdaq: PFG) announced today that Deanna Strable, executive vice president and chief financial officer, will participate in a fireside chat at the KBW Insurance Conference on Thursday, September 5, 2024, beginning at approximately 3:05 p.m. Eastern Time. Strable will participate in a question-and-answer session covering a variety of industry and company specific topics. The fireside chat will be available live at principal.com/inves.
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 0.91% 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 -8.76% of loss for the given period.
Volatility was left at 1.79%, however, over the last 30 days, the volatility rate increased by 1.21%, as shares surge +1.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.87% upper at present.
During the last 5 trading sessions, PFG rose by +3.35%, which changed the moving average for the period of 200-days by +15.90% in comparison to the 20-day moving average, which settled at $76.73. In addition, Principal Financial Group Inc saw 2.36% 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:
- 0.1 for the present operating margin
- 1.0 for the gross margin
The net margin for Principal Financial Group Inc stands at 0.08. The total capital return value is set at 0.01. Equity return is now at value 11.80, with 0.44 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 1.01. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is -281.12.
Currently, EBITDA for the company is -76.0 million with net debt to EBITDA at -0.4. When we switch over and look at the enterprise to sales, we see a ratio of 1.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.50.
Conclusion
To sum up, Principal Financial Group Inc (PFG) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
