The Progressive Corporation [NYSE:PGR]: Analyst Rating and Earnings
Equities traders oftentimes stay updated on what leading stock market analysts say about a potential stock purchase. When it comes to The Progressive Corporation [PGR], the most recently available average analyst rating is from the quarter that ends 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 84.30. This is compared to its latest closing price of $82.57.
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 2.00. This is compared to 1 month ago, when its average rating was 2.00.
For the quarter ending in Mar-19 The Progressive Corporation [PGR] generated $9.24 billion in sales. That’s 0.53% higher than the average estimate of $9.19 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 looking out for the next-scheduled quarterly financial results that this company is expected to put out, which is slated to occur on Tue 16 Jul (In 33 Days).
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 8.70%. 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 14.46. The Enterprise Value to Sales for this firm is now 1.56, 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 16.13. 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 583.77M shares outstanding, amounting to a total market cap of $47.36B. Its stock price has been found in the range of 56.71 to 84.30. At its current price, it has moved by -3.76% from its 52-week high, and it has moved 43.06% from its 52-week low.
This stock’s Beta value is currently 0.72, which indicates that it is more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 58.90. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is The Progressive Corporation [PGR] a Reliable Buy?
Shares of The Progressive Corporation [PGR], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.