Principal Financial Group Inc (NASDAQ: PFG) has reported earnings for its first fiscal quarter (ending March 31) of $2.22 versus a loss $-0.58 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $5.33 versus $17.01 for the same period a year ago.
Recent Price Action
Principal Financial Group Inc (NASDAQ: PFG) stock closed at $81.06 on 4/25/24 after a modest decline of -1.3%. However, below average trading volume at 79% of normal accompanied the decline. The stock has risen 3.3% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
PFG is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Principal Financial Group has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Principal Financial Group has a neutral Appreciation Score of 44 but a good Power Rating of 72, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment