Progressive Corp Stock Target Price and Analyst Consensus

PGR Stock  USD 263.44  6.42  2.50%   
The current analyst and expert consensus on Progressive Corp is Buy with 7 buy recommendations. The current projected Progressive Corp target price consensus is 155.87, with 20 analyst opinions. Progressive Corp buy-or-sell recommendation module provides average expert sentiment on the projected Progressive Corp target price to derive its highest and lowest estimates based on target price estimated volatility of 1.2541. Check out Macroaxis Advice on Progressive Corp to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Progressive Stock, please use our How to Invest in Progressive Corp guide.
Lowest Forecast
141.84
Highest Forecast
173.02
Target Price
155.87
At this time, Progressive Corp's Gross Profit is relatively stable compared to the past year. As of 11/22/2024, Pretax Profit Margin is likely to grow to 0.13, while Operating Profit Margin is likely to drop 0.08. At this time, Progressive Corp's Non Current Liabilities Total is relatively stable compared to the past year. As of 11/22/2024, Other Stockholder Equity is likely to grow to about 2.1 B, while Non Current Assets Total are likely to drop slightly above 62.3 M.
  
It's important to approach Progressive Corp's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Progressive Corp price targets

Progressive Corp's stock target price is an estimate of its future price, usually made by analysts. Using Progressive Corp's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Progressive Corp's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Progressive Corp's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Progressive Corp Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Progressive Corp is a key component of Progressive Corp valuation and have some predictive power on the future returns of a Progressive Corp.
Hype
Prediction
LowEstimatedHigh
262.19263.44264.69
Details
Intrinsic
Valuation
LowRealHigh
212.85214.10289.78
Details
Naive
Forecast
LowNextHigh
258.38259.64260.89
Details
Earnings
Estimates (0)
LowProjected EPSHigh
3.143.233.42
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Progressive Corp. Your research has to be compared to or analyzed against Progressive Corp's peers to derive any actionable benefits. When done correctly, Progressive Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Progressive Corp.

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Additional Tools for Progressive Stock Analysis

When running Progressive Corp's price analysis, check to measure Progressive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.