Across the recent three months, 7 analysts have shared their insights on Principal Finl Gr PFG, expressing a variety of opinions spanning from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 0 | 4 | 2 | 1 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 1 | 0 |
| 3M Ago | 0 | 0 | 3 | 1 | 1 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $72.71, along with a high estimate of $83.00 and a low estimate of $62.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 2.31%.
Breaking Down Analyst Ratings: A Detailed Examination
An in-depth analysis of recent analyst actions unveils how financial experts perceive Principal Finl Gr. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Thomas Gallagher | Evercore ISI Group | Raises | In-Line | $83.00 | $82.00 |
| Nigel Dally | Morgan Stanley | Raises | Underweight | $72.00 | $71.00 |
| John Barnidge | Piper Sandler | Lowers | Neutral | $74.00 | $80.00 |
| Nigel Dally | Morgan Stanley | Raises | Underweight | $71.00 | $70.00 |
| Michael Ward | Citigroup | Lowers | Sell | $62.00 | $64.00 |
| James Carmichael | Wells Fargo | Lowers | Equal-Weight | $72.00 | $78.00 |
| Tracy Benguigui | Barclays | Lowers | Equal-Weight | $75.00 | $76.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Principal Finl Gr. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Principal Finl Gr compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Principal Finl Gr's stock. This analysis reveals shifts in analysts' expectations over time.
Capture valuable insights into Principal Finl Gr's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Principal Finl Gr analyst ratings.
Get to Know Principal Finl Gr Better
Principal Financial Group Inc is a leader in Global investment management offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through our diverse family of financial services companies. It operates in four business segments that are Retirement and Income Solutions, Principal Global Investors, Principal International, and United States Insurance Solutions. The company receives maximum revenue in the form of premiums.
Key Indicators: Principal Finl Gr's Financial Health
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Negative Revenue Trend: Examining Principal Finl Gr's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -0.58% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Financials sector.
Net Margin: Principal Finl Gr's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 27.1% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Principal Finl Gr's ROE stands out, surpassing industry averages. With an impressive ROE of 11.86%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Principal Finl Gr's ROA excels beyond industry benchmarks, reaching 0.42%. This signifies efficient management of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.37.
The Core of Analyst Ratings: What Every Investor Should Know
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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