In the past week, PFG stock has gone down by -2.87%, with a monthly decline of -6.42% and a quarterly surge of 7.86%. The volatility ratio for the week is 1.47%, and the volatility levels for the last 30 days are 1.90% for Principal Financial Group Inc The simple moving average for the last 20 days is -1.06% for PFG stock, with a simple moving average of 2.59% for the last 200 days.
Is It Worth Investing in Principal Financial Group Inc (NASDAQ: PFG) Right Now?
Company’s 36-month beta value is 1.20.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 10 as “hold,” and 1 as “sell.”
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The public float for PFG is 227.26M, and currently, short sellers hold a 1.05% ratio of that floaft. The average trading volume of PFG on November 21, 2024 was 1.15M shares.
PFG) stock’s latest price update
Principal Financial Group Inc (NASDAQ: PFG) has seen a decline in its stock price by -0.04 in relation to its previous close of 84.18. However, the company has experienced a -2.87% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-15 that Principal Financial gets upgraded to a buy, as it shows growth indicators that could drive its insurance premiums and fees revenue, along with positive EPS guidance. Its 3% dividend yield is competitive among its peer group. With strong credit ratings from major agencies, and a low debt-to-equity, the firm has a lower risk profile.
Analysts’ Opinion of PFG
Many brokerage firms have already submitted their reports for PFG stocks, with Barclays repeating the rating for PFG by listing it as a “Underweight.” The predicted price for PFG in the upcoming period, according to Barclays is $74 based on the research report published on September 05, 2024 of the current year 2024.
Raymond James, on the other hand, stated in their research note that they expect to see PFG reach a price target of $99. The rating they have provided for PFG stocks is “Strong Buy” according to the report published on July 09th, 2024.
JP Morgan gave a rating of “Neutral” to PFG, setting the target price at $96 in the report published on July 02nd of the current year.
PFG Trading at -2.09% 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 -8.51% of loss for the given period.
Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 1.47%, as shares sank -6.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.55% upper at present.
During the last 5 trading sessions, PFG fell by -2.87%, which changed the moving average for the period of 200-days by +7.33% in comparison to the 20-day moving average, which settled at $85.05. In addition, Principal Financial Group Inc saw 6.97% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PFG starting from WEE YEE CHEONG, who proposed sale 510 shares at the price of $87.01 back on Nov 18 ’24. After this action, WEE YEE CHEONG now owns shares of Principal Financial Group Inc, valued at $44,375 using the latest closing price.
WEE YEE CHEONG, the Officer of Principal Financial Group Inc, proposed sale 3,735 shares at $87.22 during a trade that took place back on Nov 15 ’24, which means that WEE YEE CHEONG is holding shares at $325,775 based on the most recent closing price.
Stock Fundamentals for PFG
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 1.0 for the gross margin
The net margin for Principal Financial Group Inc stands at -0.01. The total capital return value is set at 0.01. Equity return is now at value -1.88, with -0.07 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 1.03.
Currently, EBITDA for the company is 1.01 billion with net debt to EBITDA at 2.93. When we switch over and look at the enterprise to sales, we see a ratio of 1.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.54.
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.
