PROGRESSIVE CORP/OH/
PROGRESSIVE CORP/OH/ (PGR) Stock News
The latest PGR headlines and market coverage — 5 recent stories, updated throughout the day.
- Zacks Investment Research·Neutral
Is Trending Stock The Progressive Corporation (PGR) a Buy Now?
Progressive (PGR) has underperformed the broader market over the past month, declining 6.4% compared to the S&P 500's -0.4% decline. The company maintains a Zacks Rank #3 (Hold) rating with mixed earnings estimate revisions. While current quarter earnings are expected to grow 5.4% year-over-year, full-year earnings are projected to decline 1.8%, and next fiscal year earnings are expected to fall 9.8%. The stock trades at a discount to peers with a B valuation grade.
- Zacks Investment Research·Neutral
Progressive (PGR) Stock Moves -2.48%: What You Should Know
Progressive (PGR) closed at $206.97, down 2.48% in the recent trading session and underperforming its sector over the past month with a 5.22% decline. The company holds a Zacks Rank #3 (Hold) rating with projected quarterly EPS growth of 3.95% and annual revenue expected to increase 6.29%. However, the stock trades at a premium valuation with a Forward P/E of 11.86 versus its industry average of 11.16, and a PEG ratio of 2.72 significantly above the industry average of 1.69.
- Zacks Investment Research·Neutral
Progressive (PGR) Gains As Market Dips: What You Should Know
Progressive (PGR) closed at $221.02, up 1.56% and outperforming the S&P 500's 0.48% decline. The insurer is projected to report earnings of $4.01 per share (down 0.99% YoY) with revenue expected at $23.29 billion (up 4.83%). Progressive holds a Zacks Rank #3 (Hold) with a Forward P/E of 12.25, trading at a premium to its industry average of 11.39.
- Zacks Investment Research·Neutral
Progressive (PGR) Outperforms Broader Market: What You Need to Know
Progressive (PGR) closed at $223.91, up 1.14%, outperforming the S&P 500. The stock has gained 4.05% over the past month. Analysts expect upcoming earnings of $3.98 per share (down 1.73% YoY) with revenue of $23.29 billion (up 4.83% YoY). The company holds a Zacks Rank #3 (Hold) with a Forward P/E of 12.48, trading at a premium to its industry average of 11.55.
- Zacks Investment Research·Neutral
Progressive (PGR) Stock Drops Despite Market Gains: Important Facts to Note
Progressive stock fell 2.18% to $217.65, underperforming broader market gains. The insurer is expected to report lower EPS of $3.98 (down 1.73% YoY) but higher revenue of $23.29 billion (up 4.83% YoY). The stock carries a Zacks Rank #3 (Hold) with a Forward P/E of 12.54, trading at a premium to its industry average.