Progressive Corp (PGR) Stock Sets Record Highs on Earnings; What’s Next?

Wednesday, April 17, 2019 10:50 AM | Brad Spears

Shares of Progressive Corp (PGR) stock rose nearly 7% Tuesday, setting new highs after the company reported quarterly earnings. PGR stock is up 25.64% over the last 12 months, and the average rating from Wall Street analysts is a Moderate Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives PGR stock a score of 80 out of a possible 100.

That score is mainly influenced by a short-term technical score of 99. PGR's score also includes a long-term technical score of 90. The fundamental score for PGR is 50. In addition to the average rating from Wall Street analysts, PGR stock has a mean target price of $76.80. This means analysts expect the stock to increase 0.33% over the next 12 months.

Click Here to get the full Stock Score Report on Progressive Corp (PGR).

What's Happening with PGR Stock Today

Progressive Corp (PGR) stock is down -0.93% while the S&P 500 is lower by -0.05% as of 10:42 AM on Wednesday, Apr 17. PGR is lower by -$0.72 from the previous closing price of $77.26 on volume of 666,629 shares. Over the past year the S&P 500 has gained 8.51% while PGR is up 25.64%. PGR earned $5.03 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.22.

Share this article:

Related Companies

Upgrade to Premium and Analyze Stocks Like a Pro

40% Off All Subscriptions
InvestorsObserver Premium
InvestorsObserver Premium
InvestorsObserver Premium
Save up to 57% with annual

InvestorsObserver Premium

$ 20.75 $ 12.45 /month
$249 $149.40 billed annually

You May Also Like

Related Articles

Affordable Stocks Trading at New Highs

Analysts Expect UnitedHealth Group (UNH) Stock to Rise 35%; Rated Strong Buy

These Big Name Stocks Have Great Valuations

Aflac (AFL) Stock Loses -4.5%: How Does it Score?

Hunting for Big Yields at Low Prices: MO, GD, ALL and TGT

UnitedHealth Group (UNH) Stock: How Does it Score?

Related Companies