Amica vs Progressive

Amica Mutual Insurance and Progressive Corporation are two well-known companies in the insurance industry, each offering a range of products and services to customers. While both companies have shown consistent growth over the years, they have different business models and strategies that set them apart. Amica is known for its reputation for excellent customer service and financial stability, while Progressive is recognized for its innovative technology and aggressive marketing tactics. Investors may consider factors such as financial performance, growth potential, and market positioning when comparing Amica vs Progressive stocks.

Amica or Progressive?

When comparing Amica and Progressive, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Amica and Progressive.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. Amica has a dividend yield of 4.49%, while Progressive has a dividend yield of 0.46%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Amica reports a 5-year dividend growth of 0.00% year and a payout ratio of -1745.45%. On the other hand, Progressive reports a 5-year dividend growth of -18.68% year and a payout ratio of 10.18%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Amica P/E ratio at -388.81 and Progressive's P/E ratio at 21.35. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Amica P/B ratio is 0.41 while Progressive's P/B ratio is 6.31.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Amica has seen a 5-year revenue growth of -0.02%, while Progressive's is 0.93%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Amica's ROE at -0.10% and Progressive's ROE at 33.32%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are zł55.60 for Amica and $249.74 for Progressive. Over the past year, Amica's prices ranged from zł54.80 to zł86.00, with a yearly change of 56.93%. Progressive's prices fluctuated between $149.14 and $260.46, with a yearly change of 74.64%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.