Progressive Corporation Ranks 71st in Trading Volume with 15.16 Billion Shares Exchanged

Generated by AI AgentAinvest Market Brief
Tuesday, Apr 8, 2025 7:33 pm ET1min read
PGR--

On April 8, 2025, The Progressive CorporationPGR-- (PGR) saw a trading volume of 15.16 billion, ranking 71st in the day's stock market activity. The stock price increased by 2.00%.

Progressive Corporation is scheduled to release its quarterly earnings on April 11, 2025. Analysts anticipate earnings per share (EPS) of $4.60 and revenue projections are also expected to be announced.

Progressive Corporation has a Growth Style Score of B, indicating a forecasted year-over-year earnings growth of 9.8% for the current fiscal year. This positive outlook is supported by nine analysts who have revised their earnings estimates.

Goldman Sachs has adjusted its price target for Progressive CorporationPGR-- to $304, reflecting a bullish sentiment among analysts. The average rating for the stock is overweight, with a mean price target of $297.47.

Analysts expect Progressive Corporation to announce earnings of $4.28 per share and revenue of $21.87 billion for the quarter. This projection aligns with the company's strong financial performance and growth potential.

Technical analysis suggests buying Progressive Corporation near $253.15 with an upside target of $271.74. A stop loss should be set at $252.42 to mitigate potential losses. Conversely, a short position is recommended slightly under $271.74 with a downside target of $253.15 and a stop loss at $272.52.

For swing trading, buying Progressive Corporation slightly over $261.59 with a target of $271.74 and a stop loss at $260.83 is advised. Conversely, a short position is recommended slightly near $261.59 with a target of $253.15 and a stop loss at $262.35.

Day trading plans suggest buying Progressive Corporation slightly over $261.59 with a target of $264.79 and a stop loss at $260.98. Conversely, a short position is recommended slightly near $261.59 with a target of $253.15 and a stop loss at $262.2.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

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