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Why NYSE:PGR is Poised for High Growth.

By Mill Chart

Last update: Sep 2, 2024

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if PROGRESSIVE CORP (NYSE:PGR) is suited for growth investing. Investors should of course do their own research, but we spotted PROGRESSIVE CORP showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.

A Deep Dive into PROGRESSIVE CORP's Growth Metrics.

  • PROGRESSIVE CORP exhibits a strong Return on Equity (ROE) of 29.4%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
  • PROGRESSIVE CORP has consistently exceeded EPS estimates in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
  • With notable 1-year revenue growth of 21.33%, PROGRESSIVE CORP exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for future growth.
  • PROGRESSIVE CORP has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 21.64%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
  • The operating margin of PROGRESSIVE CORP has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
  • With a favorable trend in its free cash flow (FCF) over the past year, PROGRESSIVE CORP demonstrates its ability to generate robust cash flows and maintain financial stability. This growth reflects the company's focus on efficient capital allocation and cash management.
  • PROGRESSIVE CORP has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 563.0% increase. This indicates improving financial performance and the company's effective management of its operations.
  • The average next Quarter EPS Estimate by analysts was adjusted by 20.7%, reflecting the evolving market expectations for the company's EPS growth.
  • In the most recent financial report, PROGRESSIVE CORP reported a 563.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
  • PROGRESSIVE CORP shows accelerating EPS growth: when comparing the current Q2Q growth of 563.0% to the previous year Q2Q growth of -62.62%, we see the growth rate improving.

Fundamental Analysis Observations

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

Overall PGR gets a fundamental rating of 5 out of 10. We evaluated PGR against 141 industry peers in the Insurance industry. PGR has only an average score on both its financial health and profitability. PGR is growing strongly while it is still valued neutral. This is a good combination!

Check the latest full fundamental report of PGR for a complete fundamental analysis.

Our Lois Navellier screen will find you more ideas suited for growth investing.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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