Progressive Corp (NYSE: PGR) started the day on Wednesday, with a price decrease of -0.43% at $266.86, before settling in for the price of $268.02 at the close. Taking a more long-term approach, PGR posted a 52-week range of $148.48-$268.16.
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In the past 5-years timespan, the Financial sector firm’s annual sales growth 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 114.71%. This publicly-traded company’s shares outstanding now amounts to $585.30 million, simultaneously with a float of $584.15 million. The organization now has a market capitalization sitting at $155.65 billion. At the time of writing, stock’s 50-day Moving Average stood at $253.67, while the 200-day Moving Average is $224.08.
Progressive Corp (PGR) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Insurance – Property & Casualty Industry. Progressive Corp’s current insider ownership accounts for 0.28%, in contrast to 86.14% institutional ownership. According to the most recent insider trade that took place on Oct 21 ’24, this organization’s Chief Information Officer sold 2,981 shares at the rate of 251.15, making the entire transaction reach 748,678 in total value, affecting insider ownership by 26,353.
Progressive Corp (PGR) Earnings and Revenue Records
Progressive Corp’s EPS increase for this current 12-month fiscal period is 114.71% and is forecasted to reach 13.97 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 40.36% 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 4.95. Alongside those numbers, its PE Ratio stands at $19.38, and its Beta score is 0.38. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.16. Similarly, its price to free cash flow for trailing twelve months is now 10.89.
In the same vein, PGR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 13.77, a figure that is expected to reach 3.19 in the next quarter, and analysts are predicting that it will be 13.97 at the market close of one year from today.
Technical Analysis of Progressive Corp (PGR)
If we take a close look at the recent performances of Progressive Corp (NYSE: PGR), its last 5-days Average volume was 3.0 million that shows progress from its year to date volume of 2.47 million. During the previous 9 days, stock’s Stochastic %D was recorded 90.30% While, its Average True Range was 4.90.
Raw Stochastic average of Progressive Corp (PGR) in the period of the previous 100 days is set at 94.04%, which indicates a major rise in contrast to 78.97% 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 17.93% that was lower than 22.54% volatility it exhibited in the past 100-days period.
