10 Analysts Rate Principal Finl Gr: What You Need to Know – Principal Finl Gr (NASDAQ:PFG)

In the last quarter, 10 analysts gave ratings for Principal Finl Gr PFGand shows a mixture of optimistic and pessimistic perspectives.

The following table summarizes their recent ratings, shows the sentiments evolving over the last 30 days and compares them to the previous months.

Analyst evaluations of 12-month price targets provide additional insight, showing an average price target of $85.40, a high estimate of $99.00, and a low estimate of $70.00. The current average beats the previous average price target of $81.44 and is up 4.86%.

Examining Analyst Ratings: An In-Depth Study

By examining recent analyst actions, we gain insights into how financial professionals perceive Principal Finl Gr. The following summary provides an overview of the key analysts, their recent evaluations, as well as adjustments to their ratings and price targets.

Key findings:

• Action taken: In response to changing market dynamics and company performance, analysts update their recommendations. Whether they “maintain”, “increase” or “decrease” their rating, shows their reaction to the latest developments related to Principal Finl Gr. This provides insight into analysts’ views on the current state of the company.
• Evaluation: Analysts provide qualitative ratings for stocks ranging from outperform to underperform. These ratings provide insight into expectations for Principal Finl Gr’s relative performance compared to the overall market.
• Price targets: Analysts forecast price movements and provide estimates for the future value of Principal Finl Gr. Examining current and past targets offers insight into analysts’ evolving expectations.

Considering these analyst ratings in conjunction with other financial indicators can provide a comprehensive understanding of Principal Finl Gr’s market position. Stay informed and make informed decisions with our ratings table.

Stay up to date with analyst ratings for Principal Finl Gr.

Everything you need to know about Rector Finl Gr

Principal Financial Group Inc. is a leader in global investment management, providing a broad range of financial products and services, including retirement, wealth management and insurance, to corporate, individual and institutional clients through a diverse family of financial services companies. The company operates in four business segments: Retirement and Income Solutions, Principal Global Investors, Principal International and United States Insurance Solutions. The company derives most of its revenue from premiums.

Principal Finl Gr: Financial performance analyzed

Market capitalization highlights: The company’s market capitalization, which is above the industry average, indicates considerable size and signals great confidence and a strong market position.

Sales growth: Principal Finl Gr’s revenue growth over a 3-month period has been remarkable. As of June 30, 2024, the company achieved a revenue growth rate of approximately. 21.18%. This indicates a significant increase in the company’s revenue. Compared to other companies in the financial sector, the company is facing challenges and achieving a growth rate that is below the average of its competitors.

Net margin: Principal Finl Gr’s net margin is below the industry average, indicating difficulties in achieving high profitability. With a net margin of 8.19%, The company may encounter obstacles in managing costs effectively.

Return on equity (ROE): Principal Finl Gr’s return on equity is below the industry average, indicating difficulties in the efficient use of equity. With a return on equity of 3.18%, It may be difficult for the company to generate a satisfactory return for shareholders.

Return on assets (ROA): Principal Finl Gr’s ROA is below the industry average, indicating difficulties in the efficient use of assets. With a ROA of 0.11%, The company may encounter obstacles in achieving optimal returns on its assets.

Debt management: Principal Finl Gr’s debt ratio is below the industry average at 0.36This is due to a lower dependence on external financing and a more conservative financial approach.

Analyst Ratings: Simplified

Analysts are specialists in banking and finance who usually cover specific stocks or specific sectors. These individuals research company financial statements, attend conference calls and meetings, and speak to relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts rate each stock once a quarter.

In addition to their assessments, some analysts expand their insights by providing forecasts for key metrics such as earnings, revenue and growth estimates. This supplementary information provides further guidance to traders. It is important to recognize that despite their specialization, analysts are also human and can only make forecasts based on their beliefs.

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