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Progress Software Corp. (PRGS)
NASDAQ:PRGS
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PRGS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$48.00 - $68.95
Previous Close$65.79
Volume1.11M
Average Volume (3M)518.61K
Market Cap
$2.82B
Enterprise Value$3.40B
Total Cash (Recent Filing)$232.71M
Total Debt (Recent Filing)$812.75M
Price to Earnings (P/E)35.2
Beta0.64
Next Earnings
Jan 21, 2025EPS Estimate
$1.22Last Dividend Ex-Date
Aug 30, 2024Dividend Yield1.06%
Share Statistics
EPS (TTM)1.87
Shares Outstanding42,905,025
10 Day Avg. Volume394,310
30 Day Avg. Volume518,609
Standard Deviation0.08
R-Squared0.36
Alpha0.00120
Financial Highlights & Ratios
Price to Book (P/B)6.76
Price to Sales (P/S)3.95
Price to Cash Flow (P/CF)12.20
P/FCF Ratio11.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.76
Enterprise Value/Gross Profit5.99
Enterprise Value/Ebitda12.48
Forecast
1Y Price Target
$71.83Price Target Upside7.03% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Progress Software News
PremiumCompany Announcements
Progress Software Expands with ShareFile Acquisition
Ownership Overview
1.59% Insiders
36.17% Mutual Funds
25.78% Other Institutional Investors
6.29% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PRGS FAQ
What was Progress Software Corp.’s price range in the past 12 months?
Progress Software Corp. lowest stock price was $48.00 and its highest was $68.95 in the past 12 months.
What is Progress Software Corp.’s market cap?
Currently, no data Available
When is Progress Software Corp.’s upcoming earnings report date?
Progress Software Corp.’s upcoming earnings report date is Jan 21, 2025 which is in 61 days.
How were Progress Software Corp.’s earnings last quarter?
Progress Software Corp. released its earnings results on Sep 24, 2024. The company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.136 by $0.124.
Is Progress Software Corp. overvalued?
According to Wall Street analysts Progress Software Corp.’s price is currently Undervalued.
Does Progress Software Corp. pay dividends?
Progress Software Corp. pays a Quarterly dividend of $0.17 which represents an annual dividend yield of 1.06%. See more information on Progress Software Corp. dividends here
What is Progress Software Corp.’s EPS estimate?
Progress Software Corp.’s EPS estimate is $1.22.
How many shares outstanding does Progress Software Corp. have?
Progress Software Corp. has 42,905,025 shares outstanding.
What happened to Progress Software Corp.’s price movement after its last earnings report?
Progress Software Corp. reported an EPS of $1.26 in its last earnings report, beating expectations of $1.136. Following the earnings report the stock price went up 11.846%.
Which hedge fund is a major shareholder of Progress Software Corp.?
Among the largest hedge funds holding Progress Software Corp.’s share is Diamond Hill Capital Management Inc. It holds Progress Software Corp.’s shares valued at 21M.
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Progress Software Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$71.83 (7.03% Upside)
$71.83 (7.03% Upside)
Blogger Sentiment
Neutral
PRGS Sentiment 67%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 27.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 8.5%
Last 30 Days ▲ 35.7%
Last 30 Days ▲ 35.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.57%
12-Months-Change
Fundamentals
Return on Equity
18.98%
Trailing 12-Months
Asset Growth
1.40%
Trailing 12-Months
Company Description
Progress Software Corp.
Progress Software Corp. engages in the provision of a platform, which develops and deploy mission-critical business applications. It operates through the following business segments: OpenEdge Business; Data Connectivity and Integration; and Application Development and Deployment. The OpenEdge Business segment provides product enhancements and marketing supports for the partners to sell more of its existing solutions to their customers. The Data Connectivity and Integration segment focuses on the growth of the data assets of the company, including its data integration components of the cloud offering. The Application Development and Deployment segment generates net new customers for the application development assets of the company. The company was founded by Joseph Wright Alsop, Clyde Kessel and Charles Arthur Ziering in 1981 and is headquartered in Bedford, MA.
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PRGS Company Deck
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PRGS Earnings Call
Q3 2024
0:00 / 0:00
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PRGS Stock 12 Month Forecast
Average Price Target
$71.83
▲(7.03% Upside)
Technical Analysis
Best Analysts Covering PRGS
1 Year
1 Year Success Rate
7/7 ratings generated profit
1 Year Average Return
+20.70%
reiterated a buy rating 2 months ago
Copying Daniel Ives's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +20.70% per trade.
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