The Insider Activity Of Principal Financial Group Inc. (PFG) Should Not Be Ignored

As of Friday close, Principal Financial Group Inc.’s (NASDAQ:PFG) stock was up $2.4, moving up 3.55 percent to $70.02. The average number of shares traded per day over the past five days has been 1,759,740 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.24 fall in that time frame. In the last twenty days, the average volume was 1,815,690, while in the previous 50 days, it was 1,738,804.

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Since last month, PFG stock retreated -5.38%. Shares of the company fell to $65.98 on 05/12/22, the lowest level in the past month. A 52-week high of $80.36 was reached on 02/10/22 after having rallying from a 52-week low of $58.66. Since the beginning of this year, PFG’s stock price has dropped by -3.19% or -$2.31, and marked a new high 10 times. However, the stock has declined by -12.87% since its 52-week high.

Principal Financial Group Inc. (PFG) last reported insider trading activity 359 days ago on May 20. Tallett Elizabeth E, the Retired Director of the company, disposed of 22,800 shares for $64.94 on May 20. It resulted in a $1,480,632 divestment by the insider.

Valuation Metrics

Right now, Principal Financial Group Inc. (PFG) has a P/E ratio of about 12.02. The stock’s beta is 1.47. Besides these, the trailing price-to-sales (P/S) ratio of 1.27, the price-to-book (PB) ratio of 1.53, and the price-to-cash flow ratio of 7.80 may also be considered.

The latest dividend of $0.64 per share was paid out, remained unchanged from last year’s $0.64. On Tuesday October 26 2021, a $0.01 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.36, and the total debt-to-equity ratio was 0.38. In the year ended September 29, operating margins totaled 13.40%. Based on annual data, PFG earned $2.08 billion in gross profit and brought in $14.26 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 8.60%. Return on equity (ROE) for the past 12 months was 10.40%.

In Principal Financial Group Inc.’s quarter-end financial report for September 29, it reported total debt of $4.28 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. PFG’s revenue fell -3.17% to $4.09 billion during the quarter, while net income inched up to $3.11 billion. While analysts expected Principal Financial Group Inc. to report $1.6 quarterly earnings, the actual figure was $1.69 per share, beating the consensus estimate by 5.60%. During the quarter, the company generated $428.0 million in EBITDA. The value of shareholders’ equity is $252.68 million.

Technical Picture

This quick technical analysis looks at Principal Financial Group Inc.’s (PFG) price momentum. With a historical volatility rate of 39.20%, the RSI 9-day stood at 48.70% on 13 May.

With respect to its five-day moving average, the current Principal Financial Group Inc. price is down by -0.34% percent or -$0.24. At present, PFG shares trade -5.31% below its 20-day simple moving average and +4.63% percent above its 100-day simple moving average. However, the stock is currently trading approximately +1.46% above its SMA50 and +11.34% above its SMA200.

Stochastic coefficient K was 28.40% and Stochastic coefficient D was 19.91%, while ATR was 2.35. Given the Stochastic reading of 53.58% for the 14-day period, the RSI (14) reading has been calculated as 47.45%. As of today, the MACD Oscillator reading stands at -1.30, while the 14-day reading stands at -1.16.

Analyst Ratings

Jefferies launched its rating on Principal Financial Group Inc. (NASDAQ: PFG) to an Underperform in a note to investors on January 26, 2022. Principal Financial Group Inc. (PFG) has been rated Hold by analysts. According to 2 brokerage firms , PFG is a sell, and 9 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Principal Financial Group Inc. stock as buy, with 2 recommending it as overweight.

With a median target price of $74.00, the current consensus forecast for the stock is $62.00 – $85.00. Based on these forecasts, analysts predict Principal Financial Group Inc. (PFG) will achieve an average price target of $75.08.


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