Principal Financial Group Inc. [NASDAQ: PFG] gained 4.52% on the last trading session, reaching $42.94 price per share at the time. The company report on October 21, 2020 that Retirement Planning Now Top Focus for 403(b) Employee Education.
Survey also finds gaps in cybersecurity awareness.
For the first time ever, organizations that provide 403(b) plans reported that retirement planning, rather than increasing participation, is their top focus for employee education, according to the 12th annual 403(b) Plan Survey from the Plan Sponsor Council of America (PSCA). The survey, which is sponsored by Principal Financial Group®, also found that plan sponsors could use additional support in communicating cybersecurity measures to employees – a growing concern during the COVID-19 pandemic.
Principal Financial Group Inc. represents 274.30 million in outstanding shares, while the company has a total market value of $11.89 billion with the latest information. PFG stock price has been found in the range of $40.87 to $43.12.
If compared to the average trading volume of 1.29M shares, PFG reached a trading volume of 1291182 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Principal Financial Group Inc. [PFG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PFG shares is $48.30 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PFG stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Principal Financial Group Inc. shares, keeping their opinion on the stock as Sell, with their previous recommendation back on June 18, 2020. The new note on the price target was released on June 01, 2020, representing the official price target for Principal Financial Group Inc. stock.
The Average True Range (ATR) for Principal Financial Group Inc. is set at 1.30, with the Price to Sales ratio for PFG stock in the period of the last 12 months amounting to 0.73. The Price to Book ratio for the last quarter was 0.77, with the Price to Cash per share for the same quarter was set at 11.38. Price to Free Cash Flow for PFG in the course of the last twelve months was 2.88.
Trading performance analysis for PFG stock
Principal Financial Group Inc. [PFG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.32. With this latest performance, PFG shares gained by 13.63% in over the last four-week period, additionally plugging by 43.23% over the last 6 months – not to mention a drop of -25.10% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PFG stock in for the last two-week period is set at 57.43, with the RSI for the last a single of trading hit 63.84, and the three-weeks RSI is set at 55.21 for Principal Financial Group Inc. [PFG]. The present Moving Average for the last 50 days of trading for this stock 41.89, while it was recorded at 41.46 for the last single week of trading, and 41.76 for the last 200 days.
Principal Financial Group Inc. [PFG]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Principal Financial Group Inc. [PFG] shares currently have an operating margin of +10.44. Principal Financial Group Inc.’s Net Margin is presently recorded at +8.59.
Return on Total Capital for PFG is now 9.90, given the latest momentum, and Return on Invested Capital for the company is 8.41. Return on Equity for this stock inclined to 10.72, with Return on Assets sitting at 0.54. When it comes to the capital structure of this company, Principal Financial Group Inc. [PFG] has a Total Debt to Total Equity ratio set at 28.22. Additionally, PFG Total Debt to Total Capital is recorded at 22.01, with Total Debt to Total Assets ending up at 1.49. Long-Term Debt to Equity for the company is recorded at 26.66, with the Long-Term Debt to Total Capital now at 20.79.
Reflecting on the efficiency of the workforce at the company, Principal Financial Group Inc. [PFG] managed to generate an average of $79,211 per employee.
Principal Financial Group Inc. [PFG]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Principal Financial Group Inc. posted 1.23/share EPS, while the average EPS was predicted by analysts to be reported at 1.46/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -15.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PFG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Principal Financial Group Inc. go to 6.83%.
An analysis of insider ownership at Principal Financial Group Inc. [PFG]
There are presently around $8,356 million, or 72.40% of PFG stock, in the hands of institutional investors. The top three institutional holders of PFG stocks are: VANGUARD GROUP INC with ownership of 30,572,556, which is approximately -4.182% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 23,020,196 shares of the stock with an approximate value of $988.49 million in PFG stocks shares; and NIPPON LIFE INSURANCE CO, currently with $778.8 million in PFG stock with ownership of nearly 0% of the company’s market capitalization.
Positions in Principal Financial Group Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 268 institutional holders increased their position in Principal Financial Group Inc. [NASDAQ:PFG] by around 13,303,392 shares. Additionally, 238 investors decreased positions by around 11,575,903 shares, while 117 investors held positions by with 169,723,894 shares. The mentioned changes placed institutional holdings at 194,603,189 shares, according to the latest SEC report filing. PFG stock had 69 new institutional investments in for a total of 1,612,320 shares, while 65 institutional investors sold positions of 1,768,149 shares during the same period.