The Progressive Corporation [NYSE:PGR]: Analyst Rating and Earnings
Pro stock traders frequently make sure to pay attention what expert market analysts are saying about a potential stock buy. Regarding The Progressive Corporation [PGR] right now, the most recent ratings from Wall St. analysts that we can see right now is regarding the quarter that’s slated to end in December. On average, stock market experts give PGR an Outperform rating. Its stock price has been found in the range of 56.71 to 73.78. This is compared to its latest closing price of $72.26.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for The Progressive Corporation [PGR] is sitting at 1.89. This is compared to 1 month ago, when its average rating was 1.95.
For the quarter ending in Dec-18 The Progressive Corporation [PGR] generated $7.94 billion in sales. That’s 0.73% higher than the average estimate of $7.88 billion as provided by Wall Street analysts. The three indicators above suggest that overall, this stock is demonstrating a mixed bag of positive appeal and some drawbacks, making it a somewhat risky investment that also has the potential to generate high ROI in the long run.
Keep your eyes peeled for the next scheduled financial results to be made public for this company, which are scheduled to be released on Today Before Market Open (Confirmed).
Fundamental Analysis of The Progressive Corporation [PGR]
Now let’s turn to look at profitability: with a current Operating Margin for The Progressive Corporation [PGR] sitting at +10.61, this company’s Net Margin is now 8.10%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is 23.81, and its Return on Invested Capital has reached 18.90%. Its Return on Equity is 26.01, and its Return on Assets is 6.04. These metrics all suggest that The Progressive Corporation is doing well at using the money it earns to generate returns.
Turning to investigate this organization’s capital structure, The Progressive Corporation [PGR] has generated a Total Debt to Total Equity ratio of 40.70. Similarly, its Total Debt to Total Capital is 28.93, while its Total Debt to Total Assets stands at 9.30. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 42.65, and its Long-Term Debt to Total Capital is 28.93. This company is not leveraging its assets to take on debt, which stunts its growth and limits the ROI for investors.
What about valuation? This company’s Enterprise Value to EBITDA is 12.78. The Enterprise Value to Sales for this firm is now 1.46, and its Total Debt to Enterprise Value stands at 0.11. The Progressive Corporation [PGR] has a Price to Book Ratio of 3.41, a Price to Cash Flow Ratio of 5.63 and P/E Ratio of 17.48. These metrics all suggest that The Progressive Corporation is more likely to generate a positive ROI.
Shifting the focus to workforce efficiency, The Progressive Corporation [PGR] earns $857,441 for each employee under its payroll. Similarly, this company’s Total Asset Turnover is 0.74. This publicly-traded organization’s liquidity data is also interesting: its Current Ratio is 0.57.
The Progressive Corporation [PGR] has 582.62M shares outstanding, amounting to a total market cap of $45.01B. Its stock price has been found in the range of 56.71 to 73.78. At its current price, it has moved by 4.72% from its 52-week high, and it has moved 36.24% from its 52-week low.
This stock’s Beta value is currently 0.75, which indicates that it is more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 72.62. This RSI suggests that The Progressive Corporation is currently Overbought.
Conclusion: Is The Progressive Corporation [PGR] a Reliable Buy?
Shares of The Progressive Corporation [PGR], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.