With 2.08 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.34 million shares. The 52-week range on PFG shows that it touched its highest point at $91.97 and its lowest point at $72.21 during that stretch. It currently has a 1-year price target of $87.21. With its current market cap of 19.80 billion, PFG has annualized dividend of $2.85 while the current yield stands at 3.29%. Beta for the stock currently stands at 1.19.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PFG was up-trending over the past week, with a rise of 1.91%, but this was up by 4.87% over a month. The stock gained 8.15% in the past year, while it has gained 11.82% so far this year. A look at the trailing 12-month EPS for PFG yields 6.68 with Next year EPS estimates of 9.26. For the next quarter, that number is 1.91. This implies an EPS growth rate of 20.58% for this year and 10.22% for next year. EPS is expected to grow by 13.46% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.12%.
Float and Shares Shorts:
At present, 228.73 million PFG shares are outstanding with a float of 227.26 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PFG since 5 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $7.00787 being high and $6.90833 being low. For PFG, this leads to a yearly average estimate of $6.9581. Based on analyst estimates, the high estimate for the next quarter is $2.18 and the low estimate is $2.0. The average estimate for the next quarter is thus $2.1.
