Principal Financial Group (NASDAQ:PFG) Stock Price Down 0.4% – Should You Sell?

Principal Financial Group, Inc. (NASDAQ:PFGGet Free Report)’s stock price was down 0.4% on Friday . The company traded as low as $88.40 and last traded at $88.95. Approximately 3,584,472 shares were traded during trading, an increase of 195% from the average daily volume of 1,215,800 shares. The stock had previously closed at $89.34.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of Principal Financial Group in a research note on Monday. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on Principal Financial Group

Principal Financial Group Stock Down 0.4%

The company’s 50 day simple moving average is $83.99 and its 200-day simple moving average is $81.11. The firm has a market cap of $19.82 billion, a P/E ratio of 12.95, a PEG ratio of 0.77 and a beta of 0.89. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.33.

Principal Financial Group (NASDAQ:PFGGet Free Report) last issued its quarterly earnings data on Monday, February 7th. The company reported $1.48 earnings per share for the quarter. Principal Financial Group had a net margin of 9.96% and a return on equity of 16.02%. The company had revenue of $3.77 billion for the quarter.

Principal Financial Group Company Profile

(Get Free Report)

Principal Financial Group (NASDAQ: PFG) is a global financial services company headquartered in Des Moines, Iowa, that provides a range of retirement, investment and insurance solutions to individuals, employers and institutional clients. The firm’s business is organized around retirement services, asset management, and insurance products designed to help clients plan, invest for, and protect income over the long term.

Principal’s product and service offerings include retirement plan recordkeeping and administration for employer-sponsored plans, individual and group retirement annuities, life and disability insurance, employee benefits solutions, and wealth management services.

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