Earnings Growth Research: Principal Financial Group Inc. (PFG), Williams-Sonoma Inc. (WSM)

You should consider shares of Principal Financial Group Inc. (NASDAQ:PFG) and Williams-Sonoma Inc. (NYSE:WSM) if you are looking for a great stocks to invest in. Starting with the PFG shares, which traded at $52.35 at the close of the recent session, dropping -2.79%. On Tuesday, the company’s shares shed -$1.5 from its value which represented in intraday trading. The stock is now 6.14% higher in year-to-date (YTD) trading. PFG’s intraday high was $53.70 while its lowest price touched $52.17. The stock’s 52-week high price is $60.81, which means the current price is at -13.91%. In terms of trading activity, the daily trading volume fell to 1144997 against 200-day average trading volume of 1,256,921 shares.

What are analyst forecasts for Principal Financial Group Inc. (NASDAQ:PFG)?

At a consensus rating of 3.00, PFG is trending as a streaking Hold, as it has been the case a month ago when 7 analysts called it a Hold. Two months ago, 7 analysts recommended, on average, that PFG stock is a Hold. The Financial company’s shares’ overall bearish trend saw it close higher on Tuesday compared to its opening price of $52.89 on the day.

Forecasts for Principal Financial Group Inc. (NASDAQ:PFG) give the stock a fair value for the growth of 9.74% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $58.00, which means the price per share could rise by nearly $5.65. The price range target is between a low of $50.00 and a high of $66.00. The stock would need to gain by about $20.68 to hit the estimated high or 0.77% from its 12-month low.

The consensus among 14 analysts is that it is a good time for one to Hold in the Principal Financial Group Inc. 3 analysts rate PFG as a Buy, with 1 of 14 analysts rate it as a Sell. 0 have valued the stock as Overweight and 10 have recommended that investors Hold.

Principal Financial Group Inc. (NASDAQ:PFG) Upgrades and Downgrades

In terms of rating changes, UBS on February 05, 2019, Downgrade Principal Financial Group Inc. (PFG) at Sell. They believe the stock could reach $45 in the near term. Analysts at Evercore ISI have assigned a In-line rating for the stock in their research note on January 09, 2019. Moreover, Goldman analysts issued a rating of Neutral for the stock on January 08, 2019. On December 11, 2018, the stock earned a Sector Perform rating due to an analyst call from RBC Capital Mkts, while analysts from Deutsche Bank on October 17, 2018 suggested that the stock is Hold.

Williams-Sonoma Inc. (NYSE:WSM) adds -$0.5 on Tuesday

The WSM stock has risen 33.74% year-to-date and is currently trading at $67.47, which is -9.01% below its 52-week high. The company shares lost -0.74% on the day and have risen nearly 49.92% off a low hit. At current levels, Williams-Sonoma Inc. has a valuation of about $5.89B. As of 12/03/19, this stock has fallen -2.54% during the week and closed at $67.97 in the previous session. However, recent Williams-Sonoma Inc. stock performance shows that WSM shares are 1.02% up over the last month, and 7.16% up for the last three months.

Earnings per share (EPS) estimates for the current quarter are $1.96, with the trailing 12-month share earnings at $4.34. The ratio is expected to be up by 6.30% for the current year 2019 and 4.40% for next year. Over the next 5-year period, earnings per share will be 2.80%. But will the WSM stock surprise in the current quarter results, where the $1.02 actual EPS reported on 10/30/2019 surprised by 0.00% or was lower by $0 from the estimated $1.02.

Sales Growth to climb 2.70% for the year

How well will Williams-Sonoma Inc. perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $1.77B and $1.9B in current quarter sales. The consensus estimated for the current quarter is $1.83B from sales. Forecasts for this fiscal year are between $5.76B and $5.96B and the consensus estimate for sales is at $5.87B.

Who owns shares in Williams-Sonoma Inc. (WSM)?

Let’s briefly focus on the share ownership of the Williams-Sonoma Inc. (NYSE:WSM) stock, where we find that 113.26% of shares are held by institutions. Capital Research Global Investors tops the list of institutional owners as it is holding 8.66 million shares or 11.09% of shares outstanding. Vanguard Group, Inc. (The) and Blackrock Inc. held 7.38 million and 7.06 million representing 9.46% and 9.05% respectively at the close of the last trading session. As of Sep 29, 2019, Aristotle Capital Management, LLC accounted for 5.06 million shares at over 343.99 million. This represented 6.49% of shares outstanding. FMR, LLC held 4.12 million shares at over 279.8 million representing 5.28% of shares outstanding.

WSM Insider Activity

Insider activity can also give a signal in terms of price direction. Looking at Williams-Sonoma Inc. (WSM), a total of 46570 shares have been sold by insiders over the last 6 months while 20313 shares were added in the same time span. On 4/18/2019, President & Chief Executive Officer by the name Alber Laura J sold 72445.0 shares worth $4.2 million at the price of $57.62 per share. Filings also show that Alber Laura J sold a total of 47617.0 shares on 2/09/2019 valued at $2.5 million. Since the last insider activity, the company’s share price has climbed 26.01%.