Progressive Corp Stock Performance
| PGR Stock | USD 209.12 0.77 0.37% |
On a scale of 0 to 100, Progressive Corp holds a performance score of 23. The company holds a Beta of 0.0699, which implies not very significant fluctuations relative to the market. As returns on the market increase, Progressive Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Progressive Corp is expected to be smaller as well. Please check Progressive Corp's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Progressive Corp's historical price patterns will revert.
Risk-Adjusted Performance
23 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Progressive Corp are ranked lower than 23 (%) of all global equities and portfolios over the last 90 days. Even with relatively inconsistent technical and fundamental indicators, Progressive Corp reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.85 | Five Day Return 0.17 | Year To Date Return 28.91 | Ten Year Return 769.57 | All Time Return 389.7 K |
Forward Dividend Yield 0.0056 | Payout Ratio 0.1124 | Last Split Factor 4:1 | Forward Dividend Rate 1.15 | Dividend Date 2024-04-12 |
| Progressive Corp dividend paid on 26th of January 2024 | 01/26/2024 |
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8 | Is The Progressive Corporations Recent Stock Performance Influenced By Its Fundamentals In Any Way | 04/11/2024 |
| Progressive Corp dividend paid on 12th of April 2024 | 04/12/2024 |
10 | Investors Heavily Search The Progressive Corporation Here is What You Need to Know | 04/16/2024 |
| Begin Period Cash Flow | 220.9 M |
Progressive |
Progressive Corp Relative Risk vs. Return Landscape
If you would invest 16,983 in Progressive Corp on January 18, 2024 and sell it today you would earn a total of 3,852 from holding Progressive Corp or generate 22.68% return on investment over 90 days. Progressive Corp is generating 0.3311% of daily returns assuming volatility of 1.1171% on return distribution over 90 days investment horizon. In other words, 9% of stocks are less volatile than Progressive, and above 94% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Progressive Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Progressive Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Progressive Corp, and traders can use it to determine the average amount a Progressive Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2964
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average Progressive Corp is performing at about 23% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Progressive Corp by adding it to a well-diversified portfolio.
Progressive Corp Fundamentals Growth
Progressive Stock prices reflect investors' perceptions of the future prospects and financial health of Progressive Corp, and Progressive Corp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Progressive Stock performance.
| Return On Equity | 0.3 | ||||
| Return On Asset | 0.0542 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 126.56 B | ||||
| Shares Outstanding | 585.7 M | ||||
| Price To Earning | 93.06 X | ||||
| Price To Book | 6.04 X | ||||
| Price To Sales | 1.84 X | ||||
| Revenue | 62.08 B | ||||
| Gross Profit | 1.69 B | ||||
| EBITDA | 299.7 M | ||||
| Net Income | 3.9 B | ||||
| Cash And Equivalents | 4.59 B | ||||
| Cash Per Share | 7.84 X | ||||
| Total Debt | 7.07 B | ||||
| Debt To Equity | 0.43 % | ||||
| Current Ratio | 0.41 X | ||||
| Book Value Per Share | 37.24 X | ||||
| Cash Flow From Operations | 10.64 B | ||||
| Earnings Per Share | 9.77 X | ||||
| Market Capitalization | 122.03 B | ||||
| Total Asset | 84.33 B | ||||
| Retained Earnings | 18.8 B | ||||
About Progressive Corp Performance
To evaluate Progressive Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Progressive Corp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Progressive Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Progressive Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Progressive's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | -3.8 M | -4 M | |
| Return On Tangible Assets | 0.05 | 0.04 | |
| Return On Capital Employed | 0.93 | 0.98 | |
| Return On Assets | 0.05 | 0.04 | |
| Return On Equity | 0.19 | 0.21 |
Things to note about Progressive Corp performance evaluation
Checking the ongoing alerts about Progressive Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Progressive Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company has 7.07 B in debt with debt to equity (D/E) ratio of 0.43, which is OK given its current industry classification. Progressive Corp has a current ratio of 0.4, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Progressive Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Progressive Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Progressive Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Progressive to invest in growth at high rates of return. When we think about Progressive Corp's use of debt, we should always consider it together with cash and equity. | |
| Progressive Corp has a frail financial position based on the latest SEC disclosures | |
| Over 87.0% of Progressive Corp shares are owned by institutional investors | |
| On 12th of April 2024 Progressive Corp paid $ 0.1 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Investors Heavily Search The Progressive Corporation Here is What You Need to Know |
- Analyzing Progressive Corp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Progressive Corp's stock is overvalued or undervalued compared to its peers.
- Examining Progressive Corp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Progressive Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Progressive Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Progressive Corp's stock. These opinions can provide insight into Progressive Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progressive Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Progressive Stock, please use our How to Invest in Progressive Corp guide.Note that the Progressive Corp information on this page should be used as a complementary analysis to other Progressive Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Progressive Stock analysis
When running Progressive Corp's price analysis, check to measure Progressive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.
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Is Progressive Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Progressive Corp. If investors know Progressive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Progressive Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.253 | Dividend Share 1.15 | Earnings Share 9.77 | Revenue Per Share 111.143 | Quarterly Revenue Growth 0.206 |
The market value of Progressive Corp is measured differently than its book value, which is the value of Progressive that is recorded on the company's balance sheet. Investors also form their own opinion of Progressive Corp's value that differs from its market value or its book value, called intrinsic value, which is Progressive Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Progressive Corp's market value can be influenced by many factors that don't directly affect Progressive Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Progressive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Progressive Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progressive Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.