Progressive Corp. (PGR) distance from 200-day Simple Moving Average is $163.27: Right on the Precipice

Progressive Corp. (NYSE: PGR) flaunted slowness of -1.00% at $210.07, before settling in for the price of $212.20 at the close. Taking a more long-term approach, PGR posted a 52-week range of $110.92-$216.21.

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The Financial Sector giants’ yearly sales growth during the last 5-year period was 14.48%. Meanwhile, its Annual Earning per share during the time was 8.09%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 80.78%. This publicly-traded company’s shares outstanding now amounts to $585.30 million, simultaneously with a float of $583.99 million. The organization now has a market capitalization sitting at $123.03 billion. At the time of writing, stock’s 50-day Moving Average stood at $201.70, while the 200-day Moving Average is $163.27.

Progressive Corp. (PGR) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Progressive Corp. industry. Progressive Corp.’s current insider ownership accounts for 0.29%, in contrast to 87.26% institutional ownership. According to the most recent insider trade that took place on Apr 17 ’24, this organization’s Director sold 1,000 shares at the rate of 208.33, making the entire transaction reach 208,326 in total value, affecting insider ownership by 7,176. Preceding that transaction, on Mar 05 ’24, Company’s Commercial Lines President sold 8,464 for 189.49, making the whole transaction’s value amount to 1,603,843. This particular insider is now the holder of 32,342 in total.

Progressive Corp. (PGR) Earnings and Revenue Records

Progressive Corp.’s EPS increase for this current 12-month fiscal period is 80.78% and is forecasted to reach 11.77 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 26.00% through the next 5 years, which can be compared against the 8.09% growth it accomplished over the previous five years trading on the market.

Progressive Corp. (NYSE: PGR) Trading Performance Indicators

Let’s observe the current performance indicators for Progressive Corp. (PGR). The Stock has managed to achieve an average true range (ATR) of 3.71. Alongside those numbers, its PE Ratio stands at $21.50, and its Beta score is 0.34. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.89. Similarly, its price to free cash flow for trailing twelve months is now 11.84.

In the same vein, PGR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 9.77, a figure that is expected to reach 2.55 in the next quarter, and analysts are predicting that it will be 11.77 at the market close of one year from today.

Technical Analysis of Progressive Corp. (PGR)

Now, what If we examine the latest scores posted by [Progressive Corp., PGR]. During the last 5-days, its volume was better the volume of 2.61 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 66.04% While, its Average True Range was 3.81.

Raw Stochastic average of Progressive Corp. (PGR) in the period of the previous 100 days is set at 90.85%, which indicates a major rise in contrast to 56.52% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 20.21% that was higher than 18.50% volatility it exhibited in the past 100-days period.