Progress Software CorporationPRGS

PRGS current price
$69.63+26.89%

Capital at risk.

1W
+1.07%
1M
+1.46%
3M
+18.47%
6M
+39.61%
1Y
+26.89%
MAX
+192.44%
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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2,284
Website
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progress.com
Progress Software Corporation develops, deploys, and manages business applications in the United States and internationally. The company offers OpenEdge, an application development platform for running business-critical applications; Chef, a DevOps/DevSecOps automation software; Developer Tools that consists of software development tooling collection, including .NET and JavaScript UI components for web, desktop and mobile applications, reporting and report management tools, and automated testing and mocking tools; Kemp LoadMaster, an application delivery and security product offering cloud-native, and virtual and hardware load balancers; and Sitefinity, a digital experience platform foundation delivering intelligent and ROI-driving tools for marketers. It also provides MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data and SaaS data sources; WhatsUp Gold, a network infrastructure monitoring software providing complete visibility of all network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems; Flowmon, a network security and visibility product with automated response across hybrid cloud ecosystems; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; MarkLogic, a data agility platform to connect data and metadata; and Semaphore, a Semantic AI platform. 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 manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
Metrics
BasicAdvanced
Market cap
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$2.99B
P/E ratio
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37.44
EPS
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$1.86
Dividend Yield
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1.01%
Beta
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0.92
Forward P/E ratio
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12.59
EBIDTA
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$243M
Ex dividend date
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2024-08-30
Price & volume
Market cap
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$2.99B
Average daily volume
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0.4M
90-day return
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18.47%
30-day return
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1.46%
7-day return
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1.07%
Dividends
Dividend per share
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$0.70
Dividend yield
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1.01%
Forward dividend per share
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$0.70
Forward dividend yield
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1.01%
Payout ratio
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11.36%
Valuation
P/E ratio
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37.44
Forward P/E
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12.59
PEG ratio
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6.3
Trailing P/E
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37.44
Price to sales
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4.18
Price to book
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6.98
Earnings
EPS
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$1.86
EPS estimate (current quarter)
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$1.13
EPS estimate (next quarter)
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$0.00
EBITDA
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$243M
Revenues (TTM)
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$715M
Revenues per share (TTM)
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$16.48
Technicals
Beta
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0.92
52-week High
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$70.56
52-week Low
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$47.86
50-day moving average
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$66.81
200-day moving average
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$57.17
Short ratio
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12.17
Short %
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16.65%
Management effectiveness
ROE (TTM)
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18.98%
ROA (TTM)
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5.44%
Profit margin
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11.55%
Gross profit margin
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$530M
Operating margin
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24.32%
Growth
Quarterly earnings growth (YoY)
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54.80%
Quarterly revenue growth (YoY)
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2.10%
Share stats
Outstanding Shares
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42.9M
Float
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42.5M
Insiders %
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1.47%
Institutions %
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117.17%
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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$73.29
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
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Expected
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Surprise
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$1.02
$0.91
12.09%
Q4 • 23Beat
$1.25
$1.14
9.65%
Q1 • 24Beat
$1.09
$0.95
14.74%
Q2 • 24Beat
$1.26
$1.14
10.53%
Q3 • 24Beat
-
-
-
Q4 • 24Current
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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$175M
$16.2M
9.25%
Q2 • 24
$179M
$28.5M
15.93%
Q3 • 24
2.06%
75.83%
72.28%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$1.59B
$1.18B
74.68%
Q2 • 24
$1.62B
$1.19B
73.73%
Q3 • 24
2.11%
0.81%
1.28%
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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$65.2M
$-1M
$-5.4M
$64.3M
Q2 • 24
$57.7M
$-1.1M
$-17.5M
$56.6M
Q3 • 24
11.58%
11.41%
224.67%
11.92%
QoQ growth
QuarterlyAnnual
Sentiment analysis

-1.5

Greed

+1.5

0.60

Last 30 days

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 $69.63 per share.

How many shares does Progress Software Corporation have?
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Progress Software Corporation currently has 42.9M 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 $47.86.

What is the 200-day moving average of Progress Software Corporation?
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Progress Software Corporation 200-day moving average is $57.17.

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 2,284 employees.

What is the market cap of Progress Software Corporation?
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The market cap of Progress Software Corporation is $2.99B.

What is the P/E of Progress Software Corporation?
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The current P/E of Progress Software Corporation is 37.44.

What is the EPS of Progress Software Corporation?
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The EPS of Progress Software Corporation is $1.86.

What is the PEG Ratio of Progress Software Corporation?
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The PEG Ration of Progress Software Corporation is 6.3.

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