Progress Software Corporation (PRGS)
- Previous Close
50.70 - Open
50.86 - Bid 50.28 x 100
- Ask 50.38 x 100
- Day's Range
50.17 - 51.10 - 52 Week Range
49.00 - 62.34 - Volume
263,908 - Avg. Volume
630,855 - Market Cap (intraday)
2.176B - Beta (5Y Monthly) 0.94
- PE Ratio (TTM)
32.48 - EPS (TTM)
1.55 - Earnings Date Jun 27, 2024 - Jul 1, 2024
- Forward Dividend & Yield 0.70 (1.39%)
- Ex-Dividend Date Jun 3, 2024
- 1y Target Est
63.67
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.
www.progress.com2,284
Full Time Employees
November 30
Fiscal Year Ends
Sector
Industry
Recent News: PRGS
Performance Overview: PRGS
Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: PRGS
Valuation Measures
Market Cap
2.18B
Enterprise Value
2.75B
Trailing P/E
32.48
Forward P/E
10.71
PEG Ratio (5yr expected)
5.36
Price/Sales (ttm)
3.15
Price/Book (mrq)
4.71
Enterprise Value/Revenue
3.85
Enterprise Value/EBITDA
12.63
Financial Highlights
Profitability and Income Statement
Profit Margin
9.67%
Return on Assets (ttm)
4.99%
Return on Equity (ttm)
15.81%
Revenue (ttm)
714.9M
Net Income Avi to Common (ttm)
69.16M
Diluted EPS (ttm)
1.55
Balance Sheet and Cash Flow
Total Cash (mrq)
133.22M
Total Debt/Equity (mrq)
154.26%
Levered Free Cash Flow (ttm)
196.16M
Research Analysis: PRGS
Company Insights: PRGS
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: PRGS
PRGS: Raising target price to $57.00
PROGRESS SOFTWARE CORP has an Investment Rating of BUY; a target price of $57.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.
RatingPrice TargetPRGS: What does Argus have to say about PRGS?
PROGRESS SOFTWARE CORP has an Investment Rating of BUY; a target price of $56.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.
RatingPrice TargetDaily – Vickers Top Buyers & Sellers for 04/16/2024
The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
PRGS: Lowering target price to $56.00
PROGRESS SOFTWARE CORP has an Investment Rating of BUY; a target price of $56.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.
RatingPrice Target