$66.30
0.70% yesterday
Nasdaq, Sep 27, 10:14 pm CET
ISIN
US7433121008
Symbol
PRGS

Progress Software Corporation Stock price

$66.30
+8.45 14.61% 1M
+13.67 25.97% 6M
+12.00 22.10% YTD
+13.61 25.83% 1Y
+15.12 29.54% 3Y
+27.33 70.11% 5Y
+41.97 172.50% 10Y
Nasdaq, Closing price Fri, Sep 27 2024
+0.46 0.70%
ISIN
US7433121008
Symbol
PRGS

Key metrics

Market capitalization $2.82b
Enterprise Value $3.40b
P/E (TTM) P/E ratio 35.30
EV/FCF (TTM) EV/FCF 14.48
EV/Sales (TTM) EV/Sales 4.75
P/S ratio (TTM) P/S ratio 3.94
P/B ratio (TTM) P/B ratio 7.06
Dividend yield 1.06%
Last dividend (FY23) $0.70
Revenue growth (TTM) Revenue growth 6.05%
Revenue (TTM) Revenue $715.42m
EBIT (operating result TTM) EBIT $139.90m
Free Cash Flow (TTM) Free Cash Flow $234.58m
Cash position $232.71m
EPS (TTM) EPS $1.87
P/E forward 37.25
P/S forward 3.75
EV/Sales forward 4.53
Short interest 16.73%
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Is Progress Software Corporation a Top Scorer Stock based on the Dividend, High-Growth-Investing or Leverman Strategy?

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Progress Software Corporation Stock Analysis

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Analyst Opinions

7 Analysts have issued a Progress Software Corporation forecast:

6x Buy
86%
1x Hold
14%

Analyst Opinions

7 Analysts have issued a Progress Software Corporation forecast:

Buy
86%
Hold
14%

Financial data from Progress Software Corporation

Income Statement P&L | Balance Sheet | Cash Flow


Quarter TTM Annually
Aug '24
+/-
%
715 715
6% 6%
100%
- Direct Costs 193 193
9% 9%
27%
523 523
5% 5%
73%
- Selling and Administrative Expenses 141 141
5% 5%
20%
- Research and Development Expense 139 139
10% 10%
19%
243 243
3% 3%
34%
- Depreciation and Amortization 103 103
2% 2%
14%
EBIT (Operating Income) EBIT 140 140
3% 3%
20%
Net Profit 83 83
5% 5%
12%

In millions USD.

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Progress Software Corporation Stock News

Positive
Invezz
2 days ago
Shares of Progress Software (NASDAQ: PRGS) surged to near all-time highs in pre-market trading today, jumping over 6% following the release of its impressive Q3 2024 earnings results yesterday. The company posted adjusted earnings per share (EPS) of $1.26, surpassing Wall Street's estimates by $0.
Positive
Seeking Alpha
3 days ago
Progress Software's acquisition of ShareFile is a game-changer, expected to significantly boost recurring revenue and operating margins despite short-term cash flow challenges. PRGS is trading at an attractive valuation of 11x next year's free cash flow, making $60 per share a bargain entry point. Despite competitive pressures from Microsoft and IBM, Progress Software's diverse product portfoli...
Neutral
Seeking Alpha
3 days ago
Progress Software Corporation (NASDAQ:PRGS ) Q3 2024 Earnings Conference Call September 25, 2024 5:00 PM ET Company Participants Michael Micciche - Senior Vice President, Investor Relations Yogesh Gupta - President and Chief Executive Officer Anthony Folger - Chief Financial Officer Conference Call Participants John DiFucci - Guggenheim Securities Lucky Schreiner - D.A. Davidson Bo Yin - Jeffer...
More Progress Software Corporation News

Company Profile

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.

Head office United States
CEO Yogesh Gupta
Employees 2,284
Founded 1981
Website www.progress.com

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