A new trading day began on Tuesday, with Principal Financial Group Inc (NASDAQ: PFG) stock price down -0.73% from the previous day of trading, before settling in for the closing price of $85.42. PFG’s price has ranged from $72.21 to $91.97 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 0.49%. Meanwhile, its annual earnings per share averaged 7.71%. With a float of $227.27 million, this company’s outstanding shares have now reached $229.29 million.
Considering the fact that the conglomerate employs 19800 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 100.0%, operating margin of -0.22%, and the pretax margin is -2.35%.
Principal Financial Group Inc (PFG) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Asset Management Industry. The insider ownership of Principal Financial Group Inc is 0.64%, while institutional ownership is 72.49%. The most recent insider transaction that took place on Nov 25 ’24, was worth 1,655,707. Before that another transaction happened on Nov 18 ’24, when Company’s Officer proposed sale 510 for $87.01, making the entire transaction worth $44,375.
Principal Financial Group Inc (PFG) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 7.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.60% during the next five years compared to -13.80% drop over the previous five years of trading.
Principal Financial Group Inc (NASDAQ: PFG) Trading Performance Indicators
Here are Principal Financial Group Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.38. Likewise, its price to free cash flow for the trailing twelve months is 4.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.92, a number that is poised to hit 2.01 in the next quarter and is forecasted to reach 8.44 in one year’s time.
Technical Analysis of Principal Financial Group Inc (PFG)
Compared to the last year’s volume of 1.14 million, its volume of 0.95 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 54.82%. Additionally, its Average True Range was 1.53.
During the past 100 days, Principal Financial Group Inc’s (PFG) raw stochastic average was set at 63.70%, which indicates a significant increase from 39.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.88% in the past 14 days, which was lower than the 24.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $86.35, while its 200-day Moving Average is $82.31. Nevertheless, the first resistance level for the watch stands at $85.55 in the near term. At $86.29, the stock is likely to face the second major resistance level. The third major resistance level sits at $86.77. If the price goes on to break the first support level at $84.32, it is likely to go to the next support level at $83.84. Should the price break the second support level, the third support level stands at $83.09.
Principal Financial Group Inc (NASDAQ: PFG) Key Stats
With a market capitalization of 19.40 billion, the company has a total of 228,726K Shares Outstanding. Currently, annual sales are 13,666 M while annual income is 623,200 K. The company’s previous quarter sales were 3,012 M while its latest quarter income was -220,000 K.
