Spotting A Winner: Progressive Corp (NYSE: PGR) Retreats -1.62 And It Still Have Room To Run

Progressive Corp (NYSE:PGR) currently has a daily average trading volume of 3.30M but it saw 3127573 shares traded in last market. With a market cap of 164.73B USD, the company’s current market price of $281.00 came falling about -1.62 while comparing to the previous closing price of $285.63. In past 52 weeks, the stock remained buoying in the range of price level as high as $292.99 and as low as $197.62.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which upgraded the stock as “Buy” in its note to investors issued on April 28, 2025, recommending a price target of $312 for it. Keefe Bruyette downgraded its recommendation for the stock as a “Mkt Perform” from “Outperform” on April 17, 2025 while assigning a price target of $288. BofA Securities issued its recommendations for the stock as it downgraded the price target for the stock is $287.

Over the week, PGR’s stock price is moving 1.02% up while it is 6.01% when we observe its performance for the past one month. Year-to-date it is 19.48% up and over the past year, the stock is showing an upside performance of 36.84%.

Currently, Progressive Corp’s total number of outstanding shares is 586.00M with 0.26% of that held by the insiders while 88.19% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 24.31% and return on equity (ROE) at 34.34%. It has a price to earnings ratio (P/E ratio) of 18.92 while having a 17.80 of forward P/E ratio. Stock’s beta reads 0.40. Stock has a price to book (P/B) ratio of 5.69 while price to sale or P/S ratio amounts to 2.10. Its return on asset (ROA) is 8.91% on average.