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Morning Trending Tickers: The Progressive Corporation (NYSE:PGR)

The company in question is, The Progressive Corporation (NYSE:PGR) currently with a stock price of 41.57 (1.00% today). The market cap for The Progressive Corporation is 24.3 B, and is in the sector Financial, and Property & Casualty Insurance industry. The target price for The Progressive Corporation is 40.71. Currently The Progressive Corporation is trading with a P/E of 20.27, and a forward P/E of 16.78. Average volume for The Progressive Corporation is 2888.71 and so far today it is 4410129.

Performance in the last year for The Progressive Corporation has been 30.76%. For EPS growth, The Progressive Corporation has seen a growth of -18.10%, and is looking to grow in the next year to 9.22%. More long term stats show that EPS growth has been 2.00% over the last five years and could be 15.57% for the next five years. The Progressive Corporation has seen sales growth quarter over quarter at 13.70%, with EPS growth quarter over quarter at 64.90%. The 20-day simple moving average is 3.70%, with the 200-day simple moving average coming to 18.15%.

Since the IPO date for The Progressive Corporation on the 07/09/1986, The Progressive Corporation has seen performance year to date to be 19.27%. With The Progressive Corporation trading at 41.57, the dividend yield is 1.64%, and the EPS is 2.05.

So could The Progressive Corporation, be undervalued? Well as said before P/E is 20.27. The PEG is 1.3, P/S is 1 and the P/B is at 2.83. The P/cash is 113.28, with P/free cash flow at 11.25.

The Progressive Corporation ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.37, and total debt/equity at 0.37.

In terms of margins, The Progressive Corporation has a gross margin of *TBA, an operating margin of 7.70% and a profit margin of 5.00%.Payout ratio for The Progressive Corporation is 43.10%. Return on assets come to 3.60% with return on investment coming to 10.80%.

Insider ownership for The Progressive Corporation, is at 0.40% and institutional ownership comes to 81.60%. Outstanding shares are at 584.53. While shares float is 578.02. The float short is currently 0.79%, and short ratio is 1.57.

Graphs: The Progressive Corporation NYSE: PGR | Friday May 19, 2017

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The Progressive Corporation NYSE: PGR

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The Progressive Corporation NYSE: PGR

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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