Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
NEW YORK (
) hit a new 52-week high Thursday as it is currently trading at $38.64, above its previous 52-week high of $38.60 with 415,757 shares traded as of 12:05 p.m. ET. Average volume has been 1.4 million shares over the past 30 days.
Principal Financial Group has a market cap of $11.15 billion and is part of the financial sector and financial services industry. Shares are up 33.3% year to date as of the close of trading on Wednesday.
Principal Financial Group, Inc. provides retirement savings, investment, and insurance products and services. It operates in four segments: Retirement and Investor Services, Principal Global Investors, Principal International, and U.S. Insurance Solutions. The company has a P/E ratio of 15.2, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Principal Financial Group as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
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