ICON vs Progressive Which Outperforms?

ICON and Progressive are two well-known companies in the stock market that cater to different market segments. ICON specializes in fashion and lifestyle brands, while Progressive is a leading provider of insurance products and services. Both companies have their own unique strengths and weaknesses, making them attractive choices for investors looking to diversify their portfolios. In this comparison, we will explore the key differences between ICON and Progressive stocks, including their financial performance, growth potential, and market trends.

ICON or Progressive?

When comparing ICON 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 ICON 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. ICON has a dividend yield of -%, while Progressive has a dividend yield of 0.45%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. ICON reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Progressive reports a 5-year dividend growth of -18.68% year and a payout ratio of 8.53%.

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 ICON P/E ratio at 24.09 and Progressive's P/E ratio at 18.38. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. ICON P/B ratio is 1.84 while Progressive's P/B ratio is 5.49.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, ICON has seen a 5-year revenue growth of 1.06%, while Progressive's is 0.93%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with ICON's ROE at 7.87% and Progressive's ROE at 35.04%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $209.71 for ICON and $252.86 for Progressive. Over the past year, ICON's prices ranged from $183.38 to $347.72, with a yearly change of 89.62%. Progressive's prices fluctuated between $149.14 and $270.62, with a yearly change of 81.45%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.