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Progress Software Corporation is a software-application business based in the US. Progress Software Corporation shares (PRGS) are listed on the NASDAQ and all prices are listed in US Dollars.
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| Latest market close | $44.48 |
|---|---|
| 52-week range | $39.31 - $53.80 |
| 50-day moving average | $48.27 |
| 200-day moving average | $46.99 |
| Wall St. target price | $58.83 |
| PE ratio | 25.7955 |
| Dividend yield | $0.7 (1.52%) |
| Earnings per share (TTM) | $1.76 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $44.48 from 2022-01-26
| 1 week (2022-01-20) | -0.02% |
|---|---|
| 1 month (2021-12-27) | -8.78% |
| 3 months (2021-10-27) | -10.52% |
| 6 months (2021-07-27) | -2.56% |
| 1 year (2021-01-27) | 4.78% |
|---|---|
| 2 years (2020-01-27) | -3.47% |
| 3 years (2019-01-25) | 26.33% |
| 5 years (2017-01-27) | 56.34% |
Valuing Progress Software Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Progress Software Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Progress Software Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 26x. In other words, Progress Software Corporation shares trade at around 26x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Progress Software Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.5625. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Progress Software Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Progress Software Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $187.7 million.
The EBITDA is a measure of a Progress Software Corporation's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $531.3 million |
|---|---|
| Operating margin TTM | 23.81% |
| Gross profit TTM | $467.8 million |
| Return on assets TTM | 6.57% |
| Return on equity TTM | 20.68% |
| Profit margin | 14.76% |
| Book value | $9.38 |
| Market capitalisation | $2 billion |
TTM: trailing 12 months
Dividend payout ratio: 18.09% of net profits
Recently Progress Software Corporation has paid out, on average, around 18.09% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.52% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Progress Software Corporation shareholders could enjoy a 1.52% return on their shares, in the form of dividend payments. In Progress Software Corporation's case, that would currently equate to about $0.7 per share.
While Progress Software Corporation's payout ratio might seem low, this can signify that Progress Software Corporation is investing more in its future growth.
Progress Software Corporation's most recent dividend payout was on 14 March 2022. The latest dividend was paid out to all shareholders who bought their shares by 27 February 2022 (the "ex-dividend date").
Progress Software Corporation's shares were split on a 3:2 basis on 30 January 2011. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Progress Software Corporation shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Progress Software Corporation shares which in turn could have impacted Progress Software Corporation's share price.
Over the last 12 months, Progress Software Corporation's shares have ranged in value from as little as $39.3104 up to $53.7992. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Progress Software Corporation's is 1.1521. This would suggest that Progress Software Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Progress Software Corporation develops business applications. The company operates through three segments: OpenEdge, Data Connectivity and Integration, and Application Development and Deployment. The OpenEdge segment offers Progress OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; Progress Corticon, a business rules management system that enables applications with decision automation and change process, and decision-related insight capabilities; Progress Kinvey, a platform for building enterprise applications; MOVEit that provides secure collaboration and automated file transfers of critical business information; and WhatsUp Gold, a network monitoring solution. The Data Connectivity and Integration segment provides Progress DataDirect Connect, which offers data connectivity using industry-standard interfaces to connect applications running on various platforms; and Progress DataDirect Hybrid Data Pipeline, a data access service that provides cloud and on-premises data sources for hybrid cloud applications, such as customer resource management, data management platforms, or hosted analytics. The Application Development and Deployment segment offers Developer Tools, a set of components for user interface development; and Sitefinity, a web content management and customer analytics platform. The company also provides project management, implementation, custom development, programming, and other services, as well as services to web-enable applications; and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators.
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