Progressive Stock Story

PGR -  USA Stock  

USD 110.99  0.57  0.52%

While some of us are excited about financial services space, we will evaluate how invariable are Progressive Corp and Prudential Financial fundamentals. We are going to discuss some of the competitive aspects of both Progressive and Prudential.
Published over six months ago
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Are retail investors buying Progressive Corp (NYSE:PGR) or Prudential Financial?
By analyzing existing technical and fundamental indicators between Progressive Corp and Prudential, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Prudential with a short position in Progressive Corp. Check out our pair correlation module for more information.

Let's begin by analyzing the assets.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Progressive Corp has an asset utilization ratio of 153.22 percent. This connotes that the company is making $1.53 for each dollar of assets. An increasing asset utilization means that Progressive Corp is more efficient with each dollar of assets it utilizes for everyday operations.

How important is Progressive Corp's Liquidity

Progressive Corp financial leverage refers to using borrowed capital as a funding source to finance Progressive Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Progressive Corp financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Progressive Corp's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Progressive Corp, but it might be worth checking our own buy vs. sell analysis

What is driving Progressive Corp Investor Appetite?

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Lets now check Progressive Corp revenue. Based on the latest financial disclosure, Progressive Corp reported 45.69 B of revenue. This is 307.59% higher than that of the Financial Services sector and significantly higher than that of the Insurance—Property & Casualty industry. The revenue for all United States stocks is significantly lower than that of Progressive Corp. As for Prudential Financial we see revenue of 70.5 B, which is much higher than that of the Insurance—Property & Casualty

Progressive45.69 Billion
Prudential70.5 Billion
45.7 B
70.5 B

Progressive Corp has 81 percent chance to finish below $96 next week

Latest Total Risk Alpha is up to -0.07. Price may fall again.
As of the 17th of November 2021, Progressive Corp holds the coefficient of variation of (2,082), and Risk Adjusted Performance of (0.030642). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Progressive Corp, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Progressive Corp, which can be compared to its competitors. Please check Progressive Corp variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Progressive Corp is priced some-what accurately, providing market reflects its current price of 93.88 per share. Given that Progressive Corp has jensen alpha of (0.06), we recommend you to check out Progressive Corp's recent market performance to make sure the company can sustain itself at a future point.

The Bottom Line

While other entities in the insurance—property & casualty industry are either recovering or due for a correction, Progressive may not be as strong as the others in terms of longer-term growth potentials. The inconsistency in the assessment between current Progressive valuation and our trade advice on Progressive Corp is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Progressive Corp.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Progressive Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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