In-Depth Examination Of 5 Analyst Recommendations For Principal Finl Gr

Principal Finl Gr PFG underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 0 4 1 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 3 1 0
3M Ago 0 0 0 0 0

In the assessment of 12-month price targets, analysts unveil insights for Principal Finl Gr, presenting an average target of $81.6, a high estimate of $90.00, and a low estimate of $75.00. Witnessing a positive shift, the current average has risen by 4.62% from the previous average price target of $78.00.

price target chart

Deciphering Analyst Ratings: An In-Depth Analysis

A clear picture of Principal Finl Gr's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below 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
John Barnidge Piper Sandler Raises Neutral $90.00 $85.00
Ryan Krueger Keefe, Bruyette & Woods Raises Market Perform $85.00 $80.00
Bob Huang Morgan Stanley Announces Equal-Weight $75.00 -
Scott Heleniak RBC Capital Raises Sector Perform $83.00 $75.00
Nigel Dally Morgan Stanley Raises Underweight $75.00 $72.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Principal Finl Gr. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Principal Finl Gr compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Principal Finl Gr's stock. This comparison reveals trends in analysts' expectations over time.

For valuable insights into Principal Finl Gr's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Principal Finl Gr analyst ratings.

Delving into Principal Finl Gr's Background

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 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.

Principal Finl Gr: A Financial Overview

Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.

Revenue Challenges: Principal Finl Gr's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -14.6%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.

Net Margin: Principal Finl Gr's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -32.4%, the company may face hurdles in effective cost management.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -8.08%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Principal Finl Gr's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -0.29%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Principal Finl Gr's debt-to-equity ratio is below the industry average. With a ratio of 0.37, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

Understanding the Relevance of Analyst Ratings

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 will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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