(PGR) Progressive - Ratings and Ratios

The Progressive Corporation (NYSE:PGR) is a leading U.S.-based insurance provider specializing in personal and commercial property-casualty insurance products. The company offers a diverse range of insurance solutions, including personal auto insurance, motorcycle insurance, RV and watercraft insurance, and personal residential property insurance for homeowners and renters. Progressive also provides commercial auto insurance, covering vehicles such as dump trucks, log trucks, and tow trucks, as well as general liability and commercial property insurance for small businesses. Additionally, the company offers workers compensation insurance tailored to the transportation industry and specialty property-casualty insurance products. Progressive distributes its products through a network of independent insurance agencies and direct-to-consumer channels, including online and phone sales. The company, founded in 1937 and headquartered in Mayfield Village, Ohio, is known for its innovative approach to insurance, including its usage-based insurance programs like Snapshot. Progressive also engages in investment activities and provides personal property reinsurance products.

From a technical perspective, PGR is currently trading at $265.45, below its 20-day SMA of $273.47 and 50-day SMA of $272.80, indicating potential bearish momentum. The stocks 200-day SMA of $246.84 suggests long-term upward trends, but short-term pressures may dominate. The Average True Range (ATR) of 8.84 reflects moderate volatility, with potential price swings in the near term.

On the fundamental side, Progressives market cap stands at $151.04 billion, with a trailing P/E of 17.89 and a forward P/E of 17.24, indicating expectations of stable earnings growth. The P/B ratio of 5.90 highlights a premium valuation relative to book value, while the P/S ratio of 2.00 reflects strong revenue generation. The companys return on equity (RoE) of 33.13% underscores its efficient use of shareholder capital.