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Progressive (PGR) is a Top-Ranked Value Stock: Should You Buy?
ZACKS· 2025-11-06 15:40
Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] - Value Score identifies undervalued stocks using financial ratios [3] - Growth Score emphasizes a company's financial health and future growth potential [4] - Momentum Score tracks price trends to capitalize on upward or downward movements [5] - VGM Score combines all three styles to highlight stocks with the best overall characteristics [6] Zacks Rank and Performance - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist in stock selection [7] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +23.93% since 1988, significantly outperforming the S&P 500 [8] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal returns [10] Stock Highlight: Progressive Corporation - Progressive Corporation is a leading independent agency writer of private passenger auto insurance and has been the market leader in motorcycle products since 1998 [12] - The company has a Zacks Rank of 3 (Hold) and a VGM Score of B, indicating solid performance metrics [13] - Progressive's forward P/E ratio is 11.72, making it attractive for value investors [13] - Recent upward revisions in earnings estimates suggest positive momentum, with the Zacks Consensus Estimate increasing by $0.15 to $17.83 per share for fiscal 2025 [13][14]
Best Value Stock to Buy for October 10th
ZACKS· 2025-10-10 13:56
Core Viewpoint - The Progressive (PGR) is highlighted as a strong investment opportunity with a Zacks Rank of 1 (Strong Buy) and a 6.2% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [1]. Company Summary - The Progressive is a leading independent insurance company specializing in private passenger auto coverage and motorcycle insurance since 1998 [1]. - The company has a price-to-earnings ratio (P/E) of 13.05, which is lower than the industry average of 13.50, indicating strong value characteristics [2]. - Progressive holds a Value Score of B, suggesting it is considered a good value investment [2].