Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Insurance - Property & Casualty

The Progressive Corporation operates as an insurance company in the United States. The company writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. It also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks and wreckers, vans, pick-up trucks, and autos; business-related general liability and commercial property insurance for small businesses; and workers' compensation insurance for the transportation industry. In addition, the company offers other specialty property-casualty insurance and provide related services; personal property reinsurance products; and involved in investment activities. It sells its products through independent insurance agencies, as well as online and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.

Revenue projections:

Revenue projections for PGR
Revenue projections for PGR

The projected decline in PGR's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.

Financial Ratios:

currentRatio 0.356000
forwardPE 13.071206
debtToEquity 23.421000
earningsGrowth 0.252000
revenueGrowth 0.122000
grossMargins 0.185460
operatingMargins 0.164970
trailingEps 19.230000
forwardEps 16.110220

With a current ratio of 0.356, PGR may face challenges covering its short-term liabilities using available cash and assets. This points to potential liquidity concerns, as the company might need to seek alternative financing to meet its near-term debt obligations.
PGR's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside.
PGR's low Debt-to-Equity ratio indicates that the company isn't over-leveraged, suggesting it maintains a healthy balance between debt and equity. This lowers financial risk and points to a stable financial foundation, reassuring investors of the company's financial health.
With positive earnings and revenue growth, PGR is on a path to expand its business. This strong financial performance suggests the company will continue to grow, as increasing profits and revenue highlight a healthy outlook.
PGR's forward EPS being lower than its trailing EPS suggests that the company is expected to see a decline in profitability. This signals that the company may face a challenging financial year ahead.

Price projections:

Price projections for PGR
Price projections for PGR

The Progressive Corporation's price has consistently been situated near the lower end of expected values. This ongoing trend may reflect investor skepticism about the company's growth potential and overall performance.

Insider Transactions:

Insider Transactions for PGR
Insider Transactions for PGR


The Progressive Corporation stock was sold in 29 transactions, with market price at 250.98896368618668.There were no sell transactions recorded during the period under consideration.More buys than sells have been occurring around the current price levels of PGR, potentially signaling investor optimism. This buying trend might be interpreted as a sign of a favorable outlook for the stock's future performance.

Recommendation changes over time:

Recommendations trend for PGR
Recommendations trend for PGR


Analysts have shown a buy bias for PGR, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to PGR, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.