Why the growth investor may take a look at NYSE:PGR.

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.

Why NYSE:PGR may be interesting for growth investors.

• With a favorable Return on Equity (ROE) of 29.4%, PROGRESSIVE CORP demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
• PROGRESSIVE CORP has a strong history of beating EPS estimates in the last 4 quarters, signaling its ability to consistently exceed market expectations. This indicates the company's strong financial performance and its potential for creating shareholder value.
• With impressive 1-year revenue growth of 21.33%, PROGRESSIVE CORP showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.
• The quarter-to-quarter (Q2Q) revenue growth of 21.64% of PROGRESSIVE CORP has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and drive revenue growth.
• PROGRESSIVE CORP has shown positive growth in its operating margin over the past year, indicating improved operational efficiency. This growth highlights the company's ability to effectively manage costs and maximize profitability.
• The free cash flow (FCF) of PROGRESSIVE CORP has seen steady growth over the past year, indicating enhanced cash flow generation and financial health. This trend underscores the company's effective capital management and its ability to generate sustainable cash flows.
• PROGRESSIVE CORP has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 563.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• PROGRESSIVE CORP has seen a 20.16% change in the average next Quarter EPS Estimate by analysts over the last 3 months, signaling the shifting perception of the company's EPS outlook.
• The recent financial report of PROGRESSIVE CORP demonstrates a 563.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• The earnings per share (EPS) growth of PROGRESSIVE CORP are accelerating: the current Q2Q growth of 563.0% is above the previous year Q2Q growth of -62.62%. Earnings momentum and acceleration are key for high growth systems.

Fundamental analysis of NYSE:PGR

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

PGR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals 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!

Our latest full fundamental report of PGR contains the most current fundamental analsysis.

More growth stocks can be found in our Lois Navellier screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.