The price-to-earnings ratio for Progressive Corp (NYSE: PGR) is 19.80x, which is above its average ratio. Moreover, the 36-month beta value for PGR is 0.37. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 8 as “overweight,” 6 as “hold,” and 1 as “sell.”
The public float for PGR is 584.17M and currently, short sellers hold a 0.93% of that float. On February 25, 2025, PGR’s average trading volume was 2.60M shares.
PGR) stock’s latest price update
Progressive Corp (NYSE: PGR)’s stock price has gone rise by 2.42 in comparison to its previous close of 266.19, however, the company has experienced a 3.82% increase in its stock price over the last five trading days. youtube.com reported 2025-02-24 that The Investment Committee give you their top stocks to watch for the second half.
PGR’s Market Performance
Progressive Corp (PGR) has experienced a 3.82% rise in stock performance for the past week, with a 13.83% rise in the past month, and a 9.14% rise in the past quarter. The volatility ratio for the week is 2.30%, and the volatility levels for the past 30 days are at 2.18% for PGR. The simple moving average for the past 20 days is 6.69% for PGR’s stock, with a 16.72% simple moving average for the past 200 days.
Analysts’ Opinion of PGR
Many brokerage firms have already submitted their reports for PGR stocks, with Raymond James repeating the rating for PGR by listing it as a “Outperform.” The predicted price for PGR in the upcoming period, according to Raymond James is $305 based on the research report published on December 26, 2024 of the previous year 2024.
HSBC Securities, on the other hand, stated in their research note that they expect to see PGR reach a price target of $267. The rating they have provided for PGR stocks is “Hold” according to the report published on December 10th, 2024.
Barclays gave a rating of “Equal Weight” to PGR, setting the target price at $367 in the report published on September 05th of the previous year.
PGR Trading at 10.99% from the 50-Day Moving Average
After a stumble in the market that brought PGR to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.68% of gains for the given period.
Volatility was left at 2.18%, however, over the last 30 days, the volatility rate increased by 2.30%, as shares surge +14.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.99% upper at present.
During the last 5 trading sessions, PGR rose by +3.82%, which changed the moving average for the period of 200-days by +26.50% in comparison to the 20-day moving average, which settled at $255.54. In addition, Progressive Corp saw 15.92% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PGR starting from Niederst Lori A, who sale 3,855 shares at the price of $247.06 back on Jan 30 ’25. After this action, Niederst Lori A now owns 39,040 shares of Progressive Corp, valued at $952,416 using the latest closing price.
KELLY JEFFREY D, the Director of Progressive Corp, sale 10,000 shares at $250.00 during a trade that took place back on Jan 29 ’25, which means that KELLY JEFFREY D is holding 27,741 shares at $2,500,000 based on the most recent closing price.
Stock Fundamentals for PGR
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 1.0 for the gross margin
The net margin for Progressive Corp stands at 0.11. The total capital return value is set at 0.07. Equity return is now at value 36.41, with 9.15 for asset returns.
Based on Progressive Corp (PGR), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 2.11. The debt to equity ratio resting at 0.25. The interest coverage ratio of the stock is 25.13.
Currently, EBITDA for the company is 5.47 billion with net debt to EBITDA at 0.63. When we switch over and look at the enterprise to sales, we see a ratio of 2.33. The receivables turnover for the company is 4.73for trailing twelve months and the total asset turnover is 0.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.44.
Conclusion
To wrap up, the performance of Progressive Corp (PGR) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
