Calendar
event
Ex dividend date
30 Aug 2024
event_available
Last Dividend Payment
16 Sept 2024
About Progress Software Corporation
Ticker
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PRGS
Trading on
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NASDAQ
ISIN
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US7433121008
Industry
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Software - Infrastructure
Sector
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Technology
CEO
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Yogesh K. Gupta
Headquarters
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15 Wayside Road, Burlington, MA, United States, 01803
Employees
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2,815
Website
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progress.com
Progress Software Corporation develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools that consists of software development tooling collection, including .NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product offering cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; OpenEdge, an application development platform for running business-critical applications; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation, delivering intelligent, AI-powered, ROI-driving tools for marketers, and an extensible platform for developers; and WhatsUp Gold, a network infrastructure monitoring software providing visibility of various network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment
Metrics
BasicAdvanced
Market cap
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$2.74B
P/E ratio
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50.2
EPS
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$1.27
Dividend Yield
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1.36%
Beta
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0.67
Forward P/E ratio
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12.66
EBIDTA
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$275M
Ex dividend date
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2024-08-30
Price & volume
Market cap
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$2.74B
Average daily volume
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0.4M
90-day return
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-
30-day return
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-
7-day return
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-
Dividends
Dividend per share
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$0.35
Dividend yield
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1.36%
Forward dividend per share
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$0.70
Forward dividend yield
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1.36%
Payout ratio
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3.51%
Valuation
P/E ratio
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50.2
Forward P/E
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12.66
PEG ratio
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2.53
Trailing P/E
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50.2
Price to sales
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3.4
Price to book
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6.35
Earnings
EPS
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$1.27
EPS estimate (current quarter)
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$1.06
EPS estimate (next quarter)
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$0.00
EBITDA
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$275M
Revenues (TTM)
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$807M
Revenues per share (TTM)
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$18.70
Technicals
Beta
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0.67
52-week High
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$70.56
52-week Low
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$50.68
50-day moving average
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$61.57
200-day moving average
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$61.56
Short ratio
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14.27
Short %
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19.48%
Management effectiveness
ROE (TTM)
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12.70%
ROA (TTM)
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5.01%
Profit margin
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7.03%
Gross profit margin
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$695M
Operating margin
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17.93%
Growth
Quarterly earnings growth (YoY)
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-52.90%
Quarterly revenue growth (YoY)
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28.90%
Share stats
Outstanding Shares
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43M
Float
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42.6M
Insiders %
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1.73%
Institutions %
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118.97%
Analyst Insights & forecasts
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72% Buy

28% Hold

0% Sell

Based on information from 7 analysts.

Average price target

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$71.71
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
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Expected
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Surprise
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$1.09
$0.95
14.74%
Q2 • 24Beat
$1.26
$1.14
10.53%
Q3 • 24Beat
$1.33
$1.21
9.47%
Q4 • 24Beat
$1.31
$1.06
23.99%
Q1 • 25Current
QuarterlyAnnual
Financial Performance
windowbar_chart_4_bars
Income StatementBalance SheetCash Flow
windowbar_chart_4_bars
Revenue
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Net income
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Profit margin
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$215M
$1.1M
0.53%
Q4 • 24
$238M
$10.9M
4.60%
Q1 • 25
10.72%
854.32%
761.88%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$2.53B
$2.09B
82.64%
Q4 • 24
$2.46B
$2.03B
82.46%
Q1 • 25
-2.55%
-2.76%
-0.21%
QoQ growth
QuarterlyAnnual
Operating
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Investing
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Financing
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Free cash flow
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$19.7M
$-856M
$726M
$16.8M
Q4 • 24
$68.9M
$-2.5M
$-58.9M
$67.7M
Q1 • 25
250.86%
-99.71%
-108.11%
303.37%
QoQ growth
QuarterlyAnnual

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Progress Software Corporation share?
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Progress Software Corporation shares are currently traded for undefined per share.

How many shares does Progress Software Corporation have?
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Progress Software Corporation currently has 43M shares.

Does Progress Software Corporation pay dividends?
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Yes, Progress Software Corporation does pay dividends.

What is Progress Software Corporation 52 week high?
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Progress Software Corporation 52 week high is $70.56.

What is Progress Software Corporation 52 week low?
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Progress Software Corporation 52 week low is $50.68.

What is the 200-day moving average of Progress Software Corporation?
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Progress Software Corporation 200-day moving average is $61.56.

Who is Progress Software Corporation CEO?
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The CEO of Progress Software Corporation is Yogesh K. Gupta.

How many employees Progress Software Corporation has?
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Progress Software Corporation has 2,815 employees.

What is the market cap of Progress Software Corporation?
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The market cap of Progress Software Corporation is $2.74B.

What is the P/E of Progress Software Corporation?
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The current P/E of Progress Software Corporation is 50.2.

What is the EPS of Progress Software Corporation?
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The EPS of Progress Software Corporation is $1.27.

What is the PEG Ratio of Progress Software Corporation?
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The PEG Ratio of Progress Software Corporation is 2.53.

What do analysts say about Progress Software Corporation?
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According to the analysts Progress Software Corporation is considered a buy.