Progressive Corporation (PGR)
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Bullish Probability | Sentiment | Score |
---|---|---|
+80% | Strong Buy | 10 |
+75% | Buy | 9 |
+70% | Buy | 8 |
+60% | Buy | 7 |
+50% | Hold | 6 |
+45% | Hold | 5 |
+40% | Hold | 4 |
+35% | Sell | 3 |
+30% | Sell | 2 |
+20% | Strong Sell | 1 |
Progressive Corporation Statistics
Share Statistics
Progressive Corporation has 585.81M shares outstanding. The number of shares has increased by 0.02% in one year.
Shares Outstanding | 585.81M |
Shares Change (YoY) | n/a |
Shares Change (QoQ) | 0.02% |
Owned by Institutions (%) | n/a |
Shares Floating | 584.16M |
Failed to Deliver (FTD) Shares | 5.26K |
FTD / Avg. Volume | 0.22% |
Short Selling Information
The latest short interest is 4.99M, so 0.85% of the outstanding shares have been sold short.
Short Interest | 4.99M |
Short % of Shares Out | 0.85% |
Short % of Float | 0.85% |
Short Ratio (days to cover) | 1.88 |
Valuation Ratios
The PE ratio is 23.87 and the forward PE ratio is 19.01. Progressive Corporation's PEG ratio is 0.17.
PE Ratio | 23.87 |
Forward PE | 19.01 |
PS Ratio | 1.5 |
Forward PS | 1.4 |
PB Ratio | 4.59 |
P/FCF Ratio | 8.97 |
PEG Ratio | 0.17 |
Enterprise Valuation
Progressive Corporation has an Enterprise Value (EV) of 100.13B.
EV / Earnings | 25.66 |
EV / Sales | 1.61 |
EV / EBITDA | 18.3 |
EV / EBIT | 19.36 |
EV / FCF | 9.64 |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 0.34.
Current Ratio | 0 |
Quick Ratio | 0 |
Debt / Equity | 0.34 |
Total Debt / Capitalization | 25.36 |
Cash Flow / Debt | 1.55 |
Interest Coverage | 19.27 |
Financial Efficiency
Return on equity (ROE) is 0.19% and return on capital (ROIC) is 15.15%.
Return on Equity (ROE) | 0.19% |
Return on Assets (ROA) | 0.04% |
Return on Capital (ROIC) | 15.15% |
Revenue Per Employee | 1.01M |
Profits Per Employee | 63.52K |
Employee Count | 61.43K |
Asset Turnover | 0.7 |
Inventory Turnover | 0 |
Taxes
Income Tax | 1.00B |
Effective Tax Rate | 0.2 |
Stock Price Statistics
The stock price has increased by 41.2% in the last 52 weeks. The beta is 0.37, so Progressive Corporation's price volatility has been higher than the market average.
Beta | 0.37 |
52-Week Price Change | 41.2% |
50-Day Moving Average | 250.67 |
200-Day Moving Average | 232.19 |
Relative Strength Index (RSI) | 45.66 |
Average Volume (20 Days) | 2.41M |
Income Statement
In the last 12 months, Progressive Corporation had revenue of 62.08B and earned 3.90B in profits. Earnings per share was 6.61.
Revenue | 62.08B |
Gross Profit | 62.07B |
Operating Income | 5.17B |
Net Income | 3.90B |
EBITDA | 5.47B |
EBIT | 5.17B |
Earnings Per Share (EPS) | 6.61 |
Balance Sheet
The company has 84.90M in cash and 6.89B in debt, giving a net cash position of -6.80B.
Cash & Cash Equivalents | 84.90M |
Total Debt | 6.89B |
Net Cash | -6.80B |
Retained Earnings | 18.80B |
Total Assets | 105.20B |
Working Capital | 16.04B |
Cash Flow
In the last 12 months, operating cash flow was 10.64B and capital expenditures -252.00M, giving a free cash flow of 10.39B.
Operating Cash Flow | 10.64B |
Capital Expenditures | -252.00M |
Free Cash Flow | 10.39B |
FCF Per Share | 17.77 |
Margins
Gross margin is 99.99%, with operating and profit margins of 8.33% and 6.29%.
Gross Margin | 99.99% |
Operating Margin | 8.33% |
Pretax Margin | 7.9% |
Profit Margin | 6.29% |
EBITDA Margin | 8.81% |
EBIT Margin | 8.33% |
FCF Margin | 16.74% |
Dividends & Yields
PGR pays an annual dividend of $18.4, which amounts to a dividend yield of 7.55%.
Dividend Per Share | $18.40 |
Dividend Yield | 7.55% |
Dividend Growth (YoY) | 4500% |
Payout Ratio | 133.82% |
Earnings Yield | 2.75% |
FCF Yield | 7.38% |
Analyst Forecast
The average price target for PGR is $280, which is 16.4% higher than the current price. The consensus rating is "Buy".
Price Target | $280 |
Price Target Difference | 16.4% |
Analyst Consensus | Buy |
Analyst Count | 17 |
Stock Splits
The last stock split was on May 19, 2006. It was a forward split with a ratio of 4:1.
Last Split Date | May 19, 2006 |
Split Type | forward |
Split Ratio | 4:1 |
Scores
Altman Z-Score | 2.61 |
Piotroski F-Score | 4 |