Providing a diverse range of perspectives from bullish to bearish, 7 analysts have published ratings on Principal Finl Gr PFG in the last three months.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 0 | 7 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 5 | 0 | 0 |
Analysts have set 12-month price targets for Principal Finl Gr, revealing an average target of $85.86, a high estimate of $91.00, and a low estimate of $78.00. This current average reflects an increase of 2.57% from the previous average price target of $83.71.
Investigating Analyst Ratings: An Elaborate Study
The standing of Principal Finl Gr among financial experts becomes clear 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 |
|---|---|---|---|---|---|
| Suneet Kamath | Jefferies | Raises | Hold | $78.00 | $74.00 |
| Edward Kelly | Wells Fargo | Lowers | Equal-Weight | $85.00 | $91.00 |
| Bob Huang | Morgan Stanley | Raises | Equal-Weight | $82.00 | $81.00 |
| Elyse Greenspan | Wells Fargo | Raises | Equal-Weight | $91.00 | $86.00 |
| Thomas Gallagher | Evercore ISI Group | Raises | In-Line | $86.00 | $84.00 |
| Ryan Krueger | Keefe, Bruyette & Woods | Raises | Market Perform | $89.00 | $85.00 |
| John Barnidge | Piper Sandler | Raises | Neutral | $90.00 | $85.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction 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: 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.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Principal Finl Gr's market position. Stay informed and make well-informed decisions with 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.
Understanding the Numbers: Principal Finl Gr's Finances
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Principal Finl Gr's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 43.79%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Principal Finl Gr's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 13.14%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Principal Finl Gr's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 4.82%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Principal Finl Gr's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.17%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Principal Finl Gr's debt-to-equity ratio is below the industry average. With a ratio of 0.36, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
How Are Analyst Ratings Determined?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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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