Principal Financial Group Inc (NASDAQ: PFG) is -4.44% lower on its value in year-to-date trading and has touched a low of $72.21 and a high of $91.97 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PFG stock was last observed hovering at around $74.91 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $75.18, the stock is -8.84% and -11.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.69 million and changing 0.36% at the moment leaves the stock -8.64% off its SMA200. PFG registered -5.41% loss for a year compared to 6-month gain of -6.04%. The firm has a 50-day simple moving average (SMA 50) of $84.9776 and a 200-day simple moving average (SMA200) of $82.28545.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -10.69% loss in the last 1 month and extending the period to 3 months gives it a -12.18%, and is -5.18% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.08% over the week and 1.65% over the month.
Principal Financial Group Inc (PFG) has around 19800 employees, a market worth around $17.20B and $14.07B in sales. Fwd P/E is 8.93. Profit margin for the company is -1.47%. Distance from 52-week low is 4.11% and -18.26% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.36%).
with sales reaching $4.07B over the same period.The EPS is expected to grow by 7.62% this year, but quarterly earnings will post 6.28% year-over-year. Quarterly sales are estimated to shrink -3.99% in year-over-year returns.
1082.0 institutions hold shares in Principal Financial Group Inc (PFG), with institutional investors hold 73.85% of the company’s shares. The shares outstanding are 229.29M, and float is at 227.25M with Short Float at 1.47%. Institutions hold 73.09% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 27.75 million shares valued at $2.18 billion. The investor’s holdings represent 11.7584 of the PFG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.76 million shares valued at $1.55 billion to account for 8.3742 of the shares outstanding. The other top investors are NIPPON LIFE INSURANCE CO which holds 18.14 million shares representing 7.6852 and valued at over $1.42 billion, while BANK OF AMERICA CORP /DE/ holds 4.5411 of the shares totaling 10.72 million with a market value of $840.74 million.
Principal Financial Group Inc (PFG) Insider Activity
Still, SEC filings show that on Nov 15 ’24, WEE YEE CHEONG (Officer) Proposed Sale 3,735 shares at an average price of $87.22 for $0.33 million. The insider now directly holds shares of Principal Financial Group Inc (PFG).
