Progress Software Corporation (PRGS): Price and Financial Metrics


Progress Software Corporation (PRGS): $52.83

0.03 (+0.06%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

PRGS POWR Grades

  • PRGS scores best on the Quality dimension, with a Quality rank ahead of 96.66% of US stocks.
  • The strongest trend for PRGS is in Value, which has been heading down over the past 177 days.
  • PRGS's current lowest rank is in the Momentum metric (where it is better than 19.4% of US stocks).

PRGS Stock Summary

  • With a one year PEG ratio of 357.24, PROGRESS SOFTWARE CORP is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 92.86% of US stocks.
  • PRGS's went public 31.5 years ago, making it older than 84.99% of listed US stocks we're tracking.
  • The volatility of PROGRESS SOFTWARE CORP's share price is greater than that of just 11% US stocks with at least 200 days of trading history.
  • Stocks with similar financial metrics, market capitalization, and price volatility to PROGRESS SOFTWARE CORP are NTCT, DIOD, ATEN, MDRX, and HRMY.
  • PRGS's SEC filings can be seen here. And to visit PROGRESS SOFTWARE CORP's official web site, go to www.progress.com.

PRGS Valuation Summary

  • In comparison to the median Technology stock, PRGS's price/earnings ratio is 2.35% higher, now standing at 26.1.
  • PRGS's price/sales ratio has moved up 2.1 over the prior 243 months.

Below are key valuation metrics over time for PRGS.

Stock Date P/S P/B P/E EV/EBIT
PRGS 2023-01-25 3.9 6.1 26.1 21.8
PRGS 2023-01-24 3.8 6.0 25.7 21.5
PRGS 2023-01-23 3.8 6.1 25.8 21.6
PRGS 2023-01-20 3.8 6.1 25.9 21.7
PRGS 2023-01-19 3.8 6.0 25.6 21.5
PRGS 2023-01-18 3.8 6.1 25.8 21.6

PRGS Growth Metrics

    Its 4 year price growth rate is now at 18.86%.
  • The 2 year net income to common stockholders growth rate now stands at 109.67%.
  • The 4 year cash and equivalents growth rate now stands at -32.98%.
Over the past 33 months, PRGS's revenue has gone up $171,716,000.

The table below shows PRGS's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 585.014 195.951 86.287
2022-06-30 581.214 191.505 95.466
2022-03-31 554.955 177.935 79.913
2021-12-31 531.313 178.53 78.42
2021-09-30 513.57 177.364 81.155
2021-06-30 475.852 173.252 74.156

PRGS's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • PRGS has a Quality Grade of A, ranking ahead of 97.95% of graded US stocks.
  • PRGS's asset turnover comes in at 0.448 -- ranking 344th of 561 Business Services stocks.
  • BOX, CCO, and UPLD are the stocks whose asset turnover ratios are most correlated with PRGS.

The table below shows PRGS's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-08-31 0.448 0.853 0.252
2021-05-31 0.450 0.852 0.264
2021-02-28 0.467 0.856 0.329
2020-11-30 0.472 0.860 0.360
2020-08-31 0.487 0.852 0.314
2020-05-31 0.492 0.837 0.257

PRGS Price Target

For more insight on analysts targets of PRGS, see our PRGS price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $55.17 Average Broker Recommendation 1.25 (Strong Buy)

PRGS Stock Price Chart Interactive Chart >

Price chart for PRGS

PRGS Price/Volume Stats

Current price $52.83 52-week high $54.23
Prev. close $52.80 52-week low $40.33
Day low $52.15 Volume 170,600
Day high $52.99 Avg. volume 276,450
50-day MA $51.88 Dividend yield 1.33%
200-day MA $48.35 Market Cap 2.27B

Progress Software Corporation (PRGS) Company Bio


Dedicated to propelling business forward in a technology-driven world, Progress helps businesses drive faster cycles of innovation, fuel momentum and accelerate their path to success. As the trusted provider of the best products to develop, deploy and manage high-impact applications, Progress enables customers to develop the applications and experiences they need, deploy where and how they want and manage it all safely and securely. Hundreds of thousands of enterprises, including 1,700 software companies and 3.5 million developers, depend on Progress to achieve their goals—with confidence. 


PRGS Latest News Stream


Event/Time News Detail
Loading, please wait...

PRGS Latest Social Stream


Loading social stream, please wait...

View Full PRGS Social Stream

Latest PRGS News From Around the Web

Below are the latest news stories about PROGRESS SOFTWARE CORP that investors may wish to consider to help them evaluate PRGS as an investment opportunity.

Progress Software (NASDAQ:PRGS) Is Paying Out A Dividend Of $0.175

Progress Software Corporation ( NASDAQ:PRGS ) has announced that it will pay a dividend of $0.175 per share on the 15th...

Yahoo | January 21, 2023

Progress Makes Building Engaging and Inclusive Apps a Reality with Latest Developer Tools Release

The most comprehensive UI libraries for .NET and JavaScript frameworks add design and accessibility upgrades, deeper customization and .NET 7 and Angular 15 supportBURLINGTON, Mass., Jan. 19, 2023 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of application development and infrastructure software, today announced the R1 2023 release of Progress® Telerik® and Progress® Kendo UI®, the most powerful .NET and JavaScript UI libraries for app development available. With this releas

Yahoo | January 19, 2023

Moderna rises; PNC Financial, Charles Schwab fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Moderna Inc., up $6.33 to $197.02. The drugmaker gave investors an encouraging update on a potential vaccine against respiratory syncytial virus. PNC Financial Services Group Inc., down $9.78 to $152.07. The bank''s fourth-quarter earnings fell short of Wall Street forecasts. Big 5 Sporting Goods Corp., down 88 cents to $9.36. The sporting goods retailer warned investors that inflation sapped its fourth-quarter revenue. Microsoft Corp., down $4.54 to $235.81. The technology giant is cutting 10,000 workers, or almost 5% of its workforce. Charles Schwab Corp., down $2.11 to $81.38. The financial services company reported weak fourth-quarter earnings. Hess Corp., down 89 cents to $150.76. Energy stocks s...

WNYT | January 18, 2023

Progress Software Corporation (NASDAQ:PRGS) Q4 2022 Earnings Call Transcript

Progress Software Corporation (NASDAQ:PRGS) Q4 2022 Earnings Call Transcript January 17, 2023 Operator: Good day, and welcome to the Progress Software Corporation Q4 2022 Earnings Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. Please be advised that today’s conference is being recorded. […]

Yahoo | January 18, 2023

Progress' (PRGS) Q4 Earnings Top Estimates, Revenues Up Y/Y

Progress Software's (PRGS) fourth-quarter fiscal 2022 results benefit from strong demand for Chef, OpenEdge, DataDirect and Sitefinity solutions.

Yahoo | January 18, 2023

Read More 'PRGS' Stories Here

PRGS Price Returns

1-mo 4.72%
3-mo 3.87%
6-mo 13.53%
1-year 17.35%
3-year 19.31%
5-year 13.11%
YTD 4.72%
2022 6.05%
2021 8.44%
2020 10.64%
2019 18.95%
2018 -15.41%

PRGS Dividends

Ex-Dividend Date Type Payout Amount Change
Loading, please wait...
View Full PRGS Dividend History

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!


Page generated in 0.7267 seconds.