Progressive Corp Stock In The News
| PGR Stock | USD 215.51 6.79 3.25% |
The overall news coverage of Progressive Corp from major news outlets shows bullish sentiment on 34 news articles, blog posts, and TV commentaries analyzed in the last few months. Our overall analysis of Progressive Corp's news coverage and content from conventional and social sources shows investors' bearish mood towards Progressive Corp. The specific impact of Progressive Corp news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Progressive Corp's overall financial health and prospects. It also depends on the type and quality of a news publisher.
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Progressive Corp headlines in addition to utilizing other, more conventional financial analysis modules. Check out Progressive Corp Backtesting and Progressive Corp Hype Analysis. To learn how to invest in Progressive Stock, please use our How to Invest in Progressive Corp guide.
Progressive |
Progressive Corp Today Top News and Investor Outlook
Progressive Corp Past News Timeline
Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Progressive and other traded companies coverage. We help investors stay connected with Progressive headlines for the 7th of May to make an informed investment decision based on correlating the impacts of news items on Progressive Stock performance. Please note that trading solely based on the Progressive Corp hype is not for everyone as timely availability and quick action are needed to avoid losses.Progressive Corp stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Progressive earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Progressive Corp that are available to investors today. That information is available publicly through Progressive media outlets and privately through word of mouth or via Progressive internal channels. However, regardless of the origin, that massive amount of Progressive data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Progressive Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Progressive Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Progressive Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Progressive Corp alpha.
Progressive Largest EPS Surprises
Earnings surprises can significantly impact Progressive Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2000-11-15 | 2000-09-30 | 0.03 | 0.04 | 0.01 | 33 | ||
2000-07-20 | 2000-06-30 | 0.02 | 0.01 | -0.01 | 50 | ||
2000-01-27 | 1999-12-31 | 0.02 | 0.01 | -0.01 | 50 | ||
1999-10-19 | 1999-09-30 | 0.06 | 0.07 | 0.01 | 16 | ||
1998-04-16 | 1998-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
1998-01-27 | 1997-12-31 | 0.1 | 0.09 | -0.01 | 10 |
Progressive Corp Stock Latest Headlines
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Progressive Corp Stock. Current markets are strongly bullish. About 80% of major world exchanges and indexes are currently up. See today's market update for more information.
2nd of May 2024
Selective Insurance Q1 Earnings Miss, Premiums Rise YY at finance.yahoo.com
1st of May 2024
Soaring Premiums, Soaring Profits 3 Top Insurance Stocks to Own Now at investorplace.com
29th of April 2024
The Progressive Corporation Is a Trending Stock Facts to Know Before Betting on It at zacks.com
26th of April 2024
1000 Invested In This Stock 10 Years Ago Would Be Worth 8,600 Today at benzinga.com
25th of April 2024
Making a Connection Between Private Net Worth and Public Debt Issuance at finance.yahoo.com
24th of April 2024
Chubbs Q1 Earnings Top Estimates, Premiums Rise YY at finance.yahoo.com
23rd of April 2024
RLIs Q1 Earnings Top Estimates on Strong Segmental Results at finance.yahoo.com
22nd of April 2024
1000 Invested In This Stock 20 Years Ago Would Be Worth 9,900 Today at benzinga.com
17th of April 2024
Disposition of 1000 shares by Devin Johnson of Progressive Corp at 208.326 subject to Rule... at finance.yahoo.com
12th of April 2024
Progressive Reports Q1 Earnings What Key Metrics Have to Say at zacks.com
5th of April 2024
Wall Street gets key inflation data next week amid concerns the stock market is overbought at cnbc.com
Progressive Corp Investors Sentiment
The influence of Progressive Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Progressive. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Progressive Corp's public news can be used to forecast risks associated with an investment in Progressive. The trend in average sentiment can be used to explain how an investor holding Progressive can time the market purely based on public headlines and social activities around Progressive Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Progressive Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Progressive Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Progressive Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Progressive Corp.
Progressive Corp Implied Volatility | 30.28 |
Progressive Corp's implied volatility exposes the market's sentiment of Progressive Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Progressive Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Progressive Corp stock will not fluctuate a lot when Progressive Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Progressive Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Progressive Corp's short interest history, or implied volatility extrapolated from Progressive Corp options trading.
Check out Progressive Corp Backtesting and Progressive Corp Hype Analysis. To learn how to invest in Progressive Stock, please use our How to Invest in Progressive Corp guide.Note that the Progressive Corp information on this page should be used as a complementary analysis to other Progressive Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Progressive Stock analysis
When running Progressive Corp's price analysis, check to measure Progressive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.
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Is Progressive Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Progressive Corp. If investors know Progressive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Progressive Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.253 | Dividend Share 1.15 | Earnings Share 10.09 | Revenue Per Share 111.143 | Quarterly Revenue Growth 0.206 |
The market value of Progressive Corp is measured differently than its book value, which is the value of Progressive that is recorded on the company's balance sheet. Investors also form their own opinion of Progressive Corp's value that differs from its market value or its book value, called intrinsic value, which is Progressive Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Progressive Corp's market value can be influenced by many factors that don't directly affect Progressive Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Progressive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Progressive Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progressive Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.