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The price of Principal Financial Group Inc (NASDAQ: PFG) closed at $84.42 in the last session, up 0.82% from day before closing price of $83.73. In other words, the price has increased by $0.82 from its previous closing price. On the day, 1.5 million shares were traded. PFG stock price reached its highest trading level at $85.685 during the session, while it also had its lowest trading level at $83.895.
Ratios:
We take a closer look at PFG’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.35.
On July 02, 2024, JP Morgan Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $88 to $96.
Morgan Stanley Upgraded its Underweight to Equal-Weight on February 15, 2024, while the target price for the stock was maintained at $75.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PFG now has a Market Capitalization of 19786696704 and an Enterprise Value of 19447859200. As of this moment, Principal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.17, and their Forward P/E ratio for the next fiscal year is 10.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.33 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 1.305 whereas that against EBITDA is 10.44.
Stock Price History:
Over the past 52 weeks, PFG has reached a high of $88.26, while it has fallen to a 52-week low of $66.21. The 50-Day Moving Average of the stock is 3.63%, while the 200-Day Moving Average is calculated to be 7.49%.
Shares Statistics:
According to the various share statistics, PFG traded on average about 1.06M shares per day over the past 3-months and 1142030 shares per day over the past 10 days. A total of 236.44M shares are outstanding, with a floating share count of 232.95M. Insiders hold about 0.61% of the company’s shares, while institutions hold 72.02% stake in the company. Shares short for PFG as of 1721001600 were 3405132 with a Short Ratio of 3.22, compared to 1718323200 on 2857605. Therefore, it implies a Short% of Shares Outstanding of 3405132 and a Short% of Float of 1.66.
Dividends & Splits
The forward annual dividend rate for PFG is 2.72, which was 2.65 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.031649347The stock’s 5-year Average Dividend Yield is 3.88.
