Progress Software Corporation (PRGS): Price and Financial Metrics

PRGS POWR Grades

• PRGS scores best on the Quality dimension, with a Quality rank ahead of 91.54% of US stocks.
• The strongest trend for PRGS is in Stability, which has been heading down over the past 177 days.
• PRGS's current lowest rank is in the Sentiment metric (where it is better than 33.57% of US stocks).

PRGS Stock Summary

• PROGRESS SOFTWARE CORP's stock had its IPO on August 5, 1991, making it an older stock than 84.17% of US equities in our set.
• With a year-over-year growth in debt of 25.79%, PROGRESS SOFTWARE CORP's debt growth rate surpasses 77.95% of about US stocks.
• In terms of volatility of its share price, PRGS is more volatile than merely 5.33% of stocks we're observing.
• Stocks that are quantitatively similar to PRGS, based on their financial statements, market capitalization, and price volatility, are COHR, IPGP, NTCT, HALO, and MITK.
• 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

• PRGS's EV/EBIT ratio is 25.7; this is 30.46% higher than that of the median Technology stock.
• Over the past 243 months, PRGS's price/sales ratio has gone up 1.1.

Below are key valuation metrics over time for PRGS.

PRGS Growth Metrics

Its year over year net cashflow from operations growth rate is now at 13.68%.
• Its 3 year revenue growth rate is now at 41.33%.
• The 2 year net income to common stockholders growth rate now stands at 109.67%.

PRGS's revenue has moved up $200,102,000 over the prior 52 months.

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
2022-12-31	602.013	192.16	95.069
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

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.