Progressive’s Strong Growth and Profitability Prompt Buy Rating …

Sep 15, 2024 · In August 2024, Progressive reported an operating EPS of $1.45, surpassing Shanker’s forecast of $1.06, and added 402k personal auto policies, indicating a strong growth momentum.

$1.45
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Progressive’s Strong Growth And Profitability Prompt Buy Rating …

2 weeks from now

Sep 15, 2024 · In August 2024, Progressive reported an operating EPS of $1.45, surpassing Shanker’s forecast of $1.06, and added 402k personal auto policies, indicating a strong growth momentum.

businessinsider.com

$339.00
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Progressive’s Strong Financial Performance And Growth Justifies …

2 weeks from now

Dec 10, 2024 · Analyst Joshua Shanker from Bank of America Securities reiterated a Buy rating on Progressive (PGR – Research Report) and increased the price target to $339.00 from …

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78%
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Progressive Stock Buy Rating Upheld With New Price Target Amid …

2 weeks from now

Nov 6, 2024 · InvestingPro Tips highlight Progressive's strong financial performance. The company has demonstrated a high return over the last year, with a remarkable 57.78% price …

investing.com

$294
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Progressive To Gain From Improved Loss Ratio And Stronger …

2 weeks from now

Nov 6, 2024 · Goldman Sachs analyst Robert Cox reiterated the Buy rating on Progressive Corporation (NYSE:PGR) with a price objective of $294. The analyst increased the company’s …

yahoo.com

$297
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Progressive Shares Target Raised, Holds Buy Rating On Upbeat …

2 weeks from now

Oct 16, 2024 · Wells Fargo also increased its price target to $297 from $285, maintaining an Overweight rating, citing strong growth and margin performance. TD Cowen, however, held …

investing.com

$107
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Progressive Earnings: Strong Growth Comes At The Expense Of ...

2 weeks from now

Jul 13, 2023 · While Progressive did see strong growth in the quarter, profitability was much less impressive. We will maintain our $107 fair value estimate and see the shares as a bit …

morningstar.com

$290
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Goldman Sachs Raises Price Target On Progressive To $290 From …

2 weeks from now

Jan 8, 2025 · -- Progressive has an average rating of overweight and mean price target of $285.82, according to analysts polled by FactSet. ... Sales growth; Earnings Growth; …

marketscreener.com

$312.00
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Buy Recommendation For Progressive: Strong Fundamentals And …

2 weeks from now

Sep 6, 2024 · In another report released on September 3, Bank of America Securities also assigned a Buy rating to the stock with a $312.00 price target. See Insiders’ Hot Stocks on …

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$300.00
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Progressive’s Resilience And Growth Potential Justify Buy Rating …

2 weeks from now

Oct 15, 2024 · Analyst Bob Huang from Morgan Stanley maintained a Buy rating on Progressive (PGR – Research Report) and keeping the price target at $300.00.. Bob Huang has given his …

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FAQs about Progressive’s Strong Growth and Profitability Prompt Buy Rating … Coupon?

Should you buy Progressive (Progressive) based on rising earnings estimates?

Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Progressive imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher. Harnessing the Power of Earnings Estimate Revisions ...

Should you buy progressive group (PGR) stock?

Bank of America Securities analyst Joshua Shanker has reiterated their bullish stance on PGR stock, giving a Buy rating yesterday. Joshua Shanker’s rating is based on Progressive’s impressive customer growth and strong profit margins. ...

Is progressive a good stock to buy after the earnings report?

The stock is currently in a consolidation phase, but technical indicators suggest a potential breakout to the upside after the earnings report. Progressive's focus on multiproduct adoption and customer acquisition is driving profits and margins, but we need to see evidence of this continuing in the earnings release. ...

Is progressive a good stock to buy in December?

Despite a typical seasonal slowdown in December, Progressive is expected to maintain healthy sequential growth, supported by stable rate increases and effective advertising strategies. Furthermore, Progressive’s strong capital position, highlighted by a special dividend, indicates its financial strength. ...

Is progressive a good auto company?

Joshua Shanker’s rating is based on Progressive’s impressive customer growth and strong profit margins. In July 2024, Progressive saw a remarkable increase in net personal auto customers, reaching a record high month-on-month growth. This surge was evident in both the Agency and Direct auto segments, which experienced their best July growth rates. ...

Is progressive a good stock to buy in 2025?

Despite the recent market volatility, Progressive’s stock has experienced an impressive 18% increase over the past month, underlying its solid fundamental position, resilient business model tailored for personal lines, and increasing investor recognition of its growth possibilities into 2025. ...