Progress Software Corporation (PRGS): Price and Financial Metrics
Progress Software Corporation (PRGS)
Today's Latest Price: $41.75 USD
Updated Jan 21 12:50pm
Add PRGS to WatchlistSign Up
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 >
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 Price | DCF 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 Flow | Return 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.
Loading social stream, please wait...