For its fourth fiscal quarter (ending December 31), The Progressive Corp (NYSE: PGR) has reported a 19% increase in E.P.S. from $3.38 a year ago to $4.02 in the current quarter. E.P.S. were $14.45 for the latest four quarters through December 31 versus $6.61 for the same period a year ago — an increase of 119%.
Recent Price Action
On 1/29/25, The Progressive Corp (NYSE: PGR) stock rose modestly by 0.6%, closing at $246.40. Moreover, this advance was accompanied by above average trading volume at 134% of normal. Relative to the market the stock has been strong over the last nine months and has risen 2.2% during the last week.
Current PriceTarget Research Rating
Progressive has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Progressive has a neutral Appreciation Score of 45 but a good Power Rating of 82, and the Positive Value Trend Rating results.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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