In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
After finishing at $84.84 in the prior trading day, Principal Financial Group Inc (NASDAQ: PFG) closed at $83.75, down -1.28%. In other words, the price has decreased by -$1.28 from its previous closing price. On the day, 1.42 million shares were traded. PFG stock price reached its highest trading level at $84.42 during the session, while it also had its lowest trading level at $83.09.
Ratios:
Our goal is to gain a better understanding of PFG by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.35.
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 the company, Morgan Stanley on Dec-06-24, Downgraded its rating to Underweight and sets its target price to $80 from $86 previously.
On September 05, 2024, Barclays started tracking the stock assigning a Underweight rating and target price of $74.
Raymond James Upgraded its Mkt Perform to Strong Buy on July 09, 2024, while the target price for the stock was maintained at $99.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 25 ’24 when WEE YEE CHEONG bought 18,985 shares for $87.21 per share.
WEE YEE CHEONG bought 510 shares of PFG for $44,375 on Nov 18 ’24. On Nov 15 ’24, another insider, WEE YEE CHEONG, who serves as the Officer of the company, bought 3,735 shares for $87.22 each.
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 19405127680 and an Enterprise Value of 16626091008. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.36 while its Price-to-Book (P/B) ratio in mrq is 1.71. Its current Enterprise Value per Revenue stands at 1.182 whereas that against EBITDA is -1101.066.
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 $72.21. The 50-Day Moving Average of the stock is -2.98%, while the 200-Day Moving Average is calculated to be 1.70%.
Shares Statistics:
The stock has traded on average 1.18M shares per day over the past 3-months and 1055790 shares per day over the last 10 days, according to various share statistics. A total of 229.29M shares are outstanding, with a floating share count of 227.27M. Insiders hold about 0.64% of the company’s shares, while institutions hold 72.49% stake in the company. Shares short for PFG as of 1731628800 were 2896707 with a Short Ratio of 2.46, compared to 1728950400 on 2294960. Therefore, it implies a Short% of Shares Outstanding of 2896707 and a Short% of Float of 1.45000005.
Dividends & Splits
In the trailing 12 months, PFG’s forward annual dividend rate was 2.79, compared to 2.85 this year. Against a Trailing Annual Dividend Yield of 0.032885432The stock’s 5-year Average Dividend Yield is 3.82.
