It's Time For a Quick Look at Progressive's Fundamentals.

By Harris Dyer • Thursday, March 20 09:54 • Permanent Link

Join us for a quick overview of Progressive, a Property & Casualty Insurance company whose shares moved 1.4% today. Here are some facts about the stock that should help you see the bigger picture:

Progressive has moved 32.9% over the last year, and the S&P 500 logged a change of 8.3%
PGR has an average analyst rating of buy and is -4.26% away from its mean target price of $289.41 per share
Its trailing earnings per share (EPS) is $14.4
Progressive has a trailing 12 month Price to Earnings (P/E) ratio of 19.2 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $13.8 and its forward P/E ratio is 20.1
The company has a Price to Book (P/B) ratio of 6.34 in contrast to the S&P 500's average ratio of 4.74
Progressive is part of the Finance sector, which has an average P/E ratio of 20.04 and an average P/B of 1.86
PGR has reported YOY quarterly earnings growth of 19.0% and gross profit margins of 0.2%
The company has a free cash flow of $17.32 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
The Progressive Corporation operates as an insurance company in the United States. The company writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. It also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks and wreckers, vans, pick-up trucks, and autos; business-related general liability and commercial property insurance for small businesses; and workers' compensation insurance for the transportation industry. In addition, the company offers other specialty property-casualty insurance and provide related services; personal property reinsurance products; and involved in investment activities. It sells its products through independent insurance agencies, as well as online and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.