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Why Principal Financial (PFG) is a Top Value Stock for the Long-Term

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.

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Principal Financial (PFG)

Ranked among the Fortune 500 companies, Des Moines, IA-based Principal Financial Group Inc. is a leader in global investment management offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through our diverse family of financial services companies. The company was founded in 1879.

PFG is a Zacks Rank #3 (Hold) stock, with a Value Style Score of B and VGM Score of B. Shares are currently trading at a forward P/E of 11.1X for the current fiscal year compared to the Financial - Investment Management industry's P/E of 11.1X. Additionally, PFG has a PEG Ratio of 1.1 and a Price/Cash Flow ratio of 10.7X. Value investors should also note PFG's Price/Sales ratio of 1.5X.

Many value investors pay close attention to a company's earnings as well. For PFG, six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.18 to $7.64 per share for 2024. Per share PFG boasts an average earnings surprise of 0%.

PFG should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.

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Principal Financial Group, Inc. (PFG) : Free Stock Analysis Report

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