Market Insight: Principal Financial Group Inc (PFG)’s Notable Drop, Closing at 75.94

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

In the latest session, Principal Financial Group Inc (NASDAQ: PFG) closed at $75.94 down -0.52% from its previous closing price of $76.34. In other words, the price has decreased by -$0.52 from its previous closing price. On the day, 1.21 million shares were traded.

Ratios:

For a deeper understanding of Principal Financial Group Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.39.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BMO Capital Markets on January 23, 2025, initiated with a Market Perform rating and assigned the stock a target price of $93.

On January 07, 2025, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also lowered its target price recommendation from $95 to $92. Piper Sandler Upgraded its Neutral to Overweight on December 18, 2024, while the target price for the stock was maintained at $90.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 27 ’25 when WEE YEE CHEONG bought 13,468 shares for $87.29 per share.

WEE YEE CHEONG bought 800 shares of PFG for $69,612 on Feb 14 ’25. On Jan 15 ’25, another insider, DEANNA STRABLE-SOETHOUT, who serves as the Officer of the company, bought 21,780 shares for $78.84 each.

Valuation Measures:

As of this moment, Principal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.28, and their Forward P/E ratio for the next fiscal year is 8.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 1.52.

Stock Price History:

Over the past 52 weeks, PFG has reached a high of $91.97, while it has fallen to a 52-week low of $68.39. The 50-Day Moving Average of the stock is -1.71%, while the 200-Day Moving Average is calculated to be -7.13%.

Shares Statistics:

A total of 224.97M shares are outstanding, with a floating share count of 222.52M. Insiders hold about 0.74% of the company’s shares, while institutions hold 75.36% stake in the company.

Earnings Estimates

Investors are keenly observing as 10.0 analysts analyze and rate the current performance of Principal Financial Group Inc (PFG) in the stock market.The consensus estimate for the next quarter is $2.14, with high estimates of $2.22 and low estimates of $2.06.

Analysts are recommending an EPS of between $8.33 and $7.84 for the fiscal current year, implying an average EPS of $8.08. EPS for the following year is $9.01, with 12.0 analysts recommending between $9.34 and $8.43.

Revenue Estimates

A total of 4 analysts believe the company’s revenue will be $4.03B this quarter.It ranges from a high estimate of $4.06B to a low estimate of $3.96B. As of the current estimate, Principal Financial Group Inc’s year-ago sales were $4.07BFor the next quarter, 4 analysts are estimating revenue of $4.08B. There is a high estimate of $4.11B for the next quarter, whereas the lowest estimate is $4.01B.

A total of 6 analysts have provided revenue estimates for PFG’s current fiscal year. The highest revenue estimate was $16.48B, while the lowest revenue estimate was $16.02B, resulting in an average revenue estimate of $16.27B. In the same quarter a year ago, actual revenue was $15.63BBased on 6 analysts’ estimates, the company’s revenue will be $16.96B in the next fiscal year. The high estimate is $17.34B and the low estimate is $16.67B.

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.