Progress Software Corporation (PRGS): Price and Financial Metrics
Progress Software Corporation (PRGS)
Today's Latest Price: $42.04 USD
Updated Jun 5 4:00pm
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POWR Components:
Trade Grade Buy & Hold Grade Peer Grade Industry Rank
Industry Rank:
Ranked of 81 in Software - Application
See all "A" rated Strong Buy stocks
PRGS Stock Summary
- With a price/earnings ratio of 48.81, Progress Software Corp P/E ratio is greater than that of about 84.45% of stocks in our set with positive earnings.
- With a year-over-year growth in debt of 179.7%, Progress Software Corp's debt growth rate surpasses 91.83% of about US stocks.
- The volatility of Progress Software Corp's share price is greater than that of only 10.56% US stocks with at least 200 days of trading history.
- If you're looking for stocks that are quantitatively similar to Progress Software Corp, a group of peers worth examining would be CSGS, NOVT, CPSI, MKSI, and NXGN.
- 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 More Charts
PRGS Price/Volume Stats
| Current price | $42.04 | 52-week high | $52.50 |
| Prev. close | $41.54 | 52-week low | $28.09 |
| Day low | $41.73 | Volume | 221,678 |
| Day high | $42.62 | Avg. volume | 425,659 |
| 50-day MA | $37.48 | Dividend yield | 1.59% |
| 200-day MA | $39.70 | 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 Price | DCF Fair Value Target: | Forecasted Gain: |
| $42.04 | $68.59 | 65% |
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 60th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Progress Software Corp ended up being:
- Its compound free cash flow growth rate, as measured over the past 5.75 years, is 0.2% -- higher than 64.65% of stocks in our DCF forecasting set.
- 86% of the company's capital comes from equity, which is greater than 70.56% of stocks in our cash flow based forecasting set.
- The weighted average cost of capital for the company is 8. This value is greater than only 19.95% stocks in the Technology sector that generate free cash flow.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | 62% |
| 1% | 63% |
| 2% | 65% |
| 3% | 67% |
| 4% | 68% |
| 5% | 70% |
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as PRGS, try BELFA, HQY, CAMT, EGAN, and LDOS.
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