Progressive Buy Hold or Sell Recommendation

PGR -- USA Stock  

USD 77.91  0.61  0.79%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding Progressive Corporation is 'Strong Hold'. Macroaxis provides Progressive buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PGR positions. The advice algorithm takes into account all of Progressive available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from PGR buy-and-hold prospective. Additionally take a look at Progressive Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell ProgressiveBuy Progressive
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Piotroski F Score

Financial Leverage

For the selected time horizon Progressive Corporation has a risk adjusted performance of (0.037098), jensen alpha of (0.016396), total risk alpha of 0.0101, sortino ratio of 0.0 and treynor ratio of (0.07)
Macroaxis provides unbiased recommendation on Progressive Corporation that should be used to complement current analysts and expert consensus on Progressive. Our buy or sell recommendations engine determines the corporation potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure Progressive is not overpriced, please check all Progressive fundamentals including its Revenue, Cash Flow from Operations, Five Year Return, as well as the relationship between Cash per Share and Beta . Given that Progressive has Number of Shares Shorted of 5.29M, we recommend you check out Progressive market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Progressive Trading Alerts and Improvement Suggestions

Progressive generates negative expected return over the last 30 days
The company has 4.61B in debt with debt to equity (D/E) ratio of 34.0 . This implies that the company may be unable to create cash to meet all of its financial commitments. Progressive has Current Ratio of 0.36 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
Over 82.0% of Progressive shares are owned by institutional investors
On July 3, 2019 Progressive paid $ 0.1 per share dividend to its current shareholders

Progressive current analysts recommendations

Target Median Price91.00
Target Mean Price89.40
Recommendation Mean2.20
Target High Price100.00
Number Of Analyst Opinions15
Target Low Price74.00

Progressive Returns Distribution Density

Mean Return0.07Value At Risk3.03
Potential Upside1.93Standard Deviation1.55
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Vanguard Group IncCommon Shares47.3 M3.8 B
Blackrock IncCommon Shares41.8 M3.3 B
State Street CorpCommon Shares26.3 M2.1 B
Artisan Partners Limited PartnershipCommon Shares15 M1.2 B
Janus Henderson Group PlcCommon Shares11 M879.9 M
Alliancebernstein LpCommon Shares10.6 M851 M
Wellington Management Group LlpCommon Shares10.4 M830 M

Progressive Greeks

α
Alpha over DOW
=0.02
β
Beta against DOW=1.19
σ
Overall volatility
=1.57
Ir
Information ratio =0.02

Progressive Volatility Alert

Progressive Corporation exhibits very low volatility with skewness of -1.22 and kurtosis of 2.52. However, we advise investors to further study Progressive Corporation technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare Progressive to competition

Progressive Fundamental Vs Peers

FundamentalsProgressivePeer Average
Return On Equity26.26% (0.31)%
Return On Asset5.76% (0.14)%
Profit Margin9.22% (1.27)%
Operating Margin13.21% (5.51)%
Current Valuation49.18B16.62B
Shares Outstanding583.99M571.82M
Shares Owned by Insiders0.69% 10.09%
Shares Owned by Institutions81.99% 39.21%
Number of Shares Shorted5.29M4.71M
Price to Earning14.22X28.72X
Price to Book3.55X9.51X
Price to Sales1.29X11.42X
Revenue35.26B9.43B
Gross Profit3.46B27.38B
EBITDA4.66B3.9B
Net Income3.22B570.98M
Cash and Equivalents1.45B2.7B
Cash per Share2.48X5.01X
Total Debt4.61B5.32B
Debt to Equity34.00% 48.70%
Current Ratio0.37X2.16X
Book Value Per Share21.98X1.93K
Cash Flow from Operations7.64B971.22M
Short Ratio2.17X4.00X
Earnings Per Share5.48X3.12X
Price to Earnings To Growth2.96X4.89X
Number of Employees37.35K18.84K
Beta0.59-0.15
Market Capitalization45.55B19.03B
Total Asset29.82B29.47B
Retained Earnings4.69B9.33B
Z Score6.48.72
Five Year Return2.18%
   Progressive exotic insider transaction detected [view details]
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