(VIANEWS) - Shares of Principal Financial Group (NASDAQ: PFG) slid 9.5% to $82.56 at 10:39 EST on Thursday, after two sequential sessions in a row of gains. NASDAQ is falling 0.55% to $11,316.37, after four sequential sessions in a row of losses. This seems, at the moment, a somewhat down trend trading session today.
Principal Financial Group's last close was $91.23, 5.14% under its 52-week high of $96.17.
About Principal Financial Group
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. The Retirement and Income Solutions segment provides a portfolio of asset accumulation products and services for retirement savings and income. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, and bank products. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, China, Hong Kong Special Administrative Region, India, and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits, such as group dental and vision insurance, group life insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products in the United States. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as executives. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.
Earnings Per Share
As for profitability, Principal Financial Group has a trailing twelve months EPS of $5.88.
PE Ratio
Principal Financial Group has a trailing twelve months price to earnings ratio of 14.04. Meaning, the purchaser of the share is investing $14.04 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 40.75%.Revenue Growth
Year-on-year quarterly revenue growth declined by 23.7%, now sitting on 18.46B for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Principal Financial Group's stock is considered to be oversold (<=20).
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