Progress Software Corporation (PRGS): Price and Financial Metrics


Progress Software Corporation (PRGS)

Today's Latest Price: $41.75 USD

0.10 (-0.24%)

Updated Jan 21 12:50pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 116 in Software - Application

See all "A" rated Strong Buy stocks

PRGS Stock Summary

  • With a one year PEG ratio of 177.75, 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 81.79% of US stocks.
  • PRGS's went public 29.48 years ago, making it older than 83.19% of listed US stocks we're tracking.
  • The volatility of Progress Software Corp's share price is greater than that of only 10.85% 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 CPSI, CSGS, NOVT, LTRX, and VIAV.
  • Visit PRGS's SEC page to see the company's official filings. To visit the company's web site, go to www.progress.com.

PRGS Stock Price Chart Interactive Chart >

Price chart for PRGS

PRGS Price/Volume Stats

Current price $41.75 52-week high $49.23
Prev. close $41.85 52-week low $28.09
Day low $41.24 Volume 127,487
Day high $42.05 Avg. volume 420,561
50-day MA $42.77 Dividend yield 1.67%
200-day MA $38.90 Market Cap 1.88B

Progress Software Corporation (PRGS) Company Bio


Progress Software is a global software company that simplifies the development, deployment and management of business applications. The Company's products provide solutions for rapid application development, broad data integration and efficient data analysis. The company was founded in 1981 and is based in Bedford, Massachusetts.

PRGS Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$41.75$26.36 -37%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Progress Software Corp. To summarize, we found that Progress Software Corp ranked in the 41th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Progress Software Corp ended up being:

  • In the past 5.51 years, Progress Software Corp has a compound free cash flow growth rate of 0.03%; that's better than only 21.18% of cash flow producing equities in the Technology sector, where it is classified.
  • 86% of the company's capital comes from equity, which is greater than 64.89% of stocks in our cash flow based forecasting set.
  • Progress Software Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 7.59. This coverage rate is greater than that of 70.87% of stocks we're observing for the purpose of forecasting via discounted cash flows.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-38%
1%-38%
2%-37%
3%-36%
4%-36%
5%-35%

IT, SGH, CDK, CTS, and CTXS can be thought of as valuation peers to PRGS, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.


PRGS Latest News Stream


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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 Wins 2021 TrustRadius Awards for Software Components

Progress developer tools—Telerik and Kendo UI—awarded top ratings for excellence in software tools by end users BEDFORD, Mass., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of products to develop, deploy and manage high-impact business applications, today announced that TrustRadius, the trusted review site for business technology, has recognized Progress® Telerik® and Progress® Kendo UI®, the most powerful collection of developer tools in the industry, with the 2021 “Best Feature Set, Customer Support and Usability” Awards in the Software Components category. The awards are based entirely on customer reviews, submitted over the past 12 months. “What makes these awards so special and important to us is that they come from our customers—the developers wh...

Yahoo | January 19, 2021

Progress Software Corporation (PRGS) CEO Yogesh Gupta on Q4 2020 Results - Earnings Call Transcript

Progress Software Corporation (PRGS) Q4 2020 Earnings Conference Call January 14, 2021, 05:00 PM ET Company Participants Anthony Folger - CFO Yogesh Gupta - President and CEO Conference Call Participants Strecker Backer - Wedbush Securities Mark Schappel - Benchmark Anja Soderstrom - Sidoti Presentation Operator Good day, everyone, and welcome...

SA Transcripts on Seeking Alpha | January 15, 2021

Progress Software Price Targets Up After Swing to Quarterly Profit

Progress Software shares fell, even as two analysts raised their price targets. The company swung to a quarterly profit and issued a mixed outlook.

Yahoo | January 15, 2021

Tesla, Wells Fargo, JPMorgan, Citigroup - Friday's Premarket Movers

Stock futures fell Friday as President-elect Joe Biden unveiled a $1.9 trillion Covid-19 relief package and after big U.S. banks kicked off the fourth-quarter earnings season. Here are some of the top movers during premarket trading on Friday.

Yahoo | January 15, 2021

Progress Software (PRGS) Surpasses Q4 Earnings and Revenue Estimates

Progress Software (PRGS) delivered earnings and revenue surprises of 18.18% and 1.47%, respectively, for the quarter ended November 2020. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | January 14, 2021

Read More 'PRGS' Stories Here

PRGS Price Returns

1-mo -3.80%
3-mo 6.47%
6-mo 21.81%
1-year -11.12%
3-year -14.40%
5-year 68.56%
YTD -7.61%
2020 10.64%
2019 18.95%
2018 -15.41%
2017 35.45%
2016 33.60%

PRGS Dividends

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