Principal Financial Group (NASDAQ:PFG) Receives Hold (C+) Rating from Weiss Ratings

Key Points

• Principal Financial Group (NASDAQ:PFG) received a "hold (C+)" rating from Weiss Ratings, indicating a neutral outlook on its stock.
• Wall Street Zen upgraded the stock from a "sell" rating to a "hold," contributing to a consensus rating of "hold" among analysts.
• The company's stock opened at $79.62 with a market capitalization of $17.74 billion and reported a return on equity of 15.63% last quarter.

Principal Financial Group (NASDAQ:PFG - Get Free Report)'s stock had its "hold (c+)" rating restated by research analysts at Weiss Ratings in a research report issued on Saturday,Weiss Ratings reports.

Separately, Wall Street Zen raised Principal Financial Group from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Principal Financial Group has a consensus rating of "Hold".

Principal Financial Group Stock Up 0.2%

Principal Financial Group stock opened at $79.62 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.27 and a quick ratio of 0.27. Principal Financial Group has a 52 week low of $68.39 and a 52 week high of $90.31. The firm has a market capitalization of $17.74 billion, a P/E ratio of 16.02, a price-to-earnings-growth ratio of 0.75 and a beta of 1.03. The business's 50-day moving average price is $80.91.

Principal Financial Group (NASDAQ:PFG - Get Free Report) last released its earnings results on Monday, February 7th. The company reported $1.48 EPS for the quarter. Principal Financial Group had a return on equity of 15.63% and a net margin of 7.53%.The firm had revenue of $3.77 billion during the quarter.

Principal Financial Group Company Profile

Principal Financial Group, Inc provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments.

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