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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 | $52.80 |
|---|---|
| 52-week range | $40.19 - $54.23 |
| 50-day moving average | $51.83 |
| 200-day moving average | $48.27 |
| Wall St. target price | $56.40 |
| PE ratio | 24.4 |
| Dividend yield | $0.7 (1.36%) |
| Earnings per share (TTM) | $2.15 |
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Historical closes compared with the close of $52.8 from 2023-01-26
| 1 week (2023-01-20) | 1.64% |
|---|---|
| 1 month (2022-12-23) | N/A |
| 3 months (2022-10-25) | 6.49% |
| 6 months (2022-07-27) | 14.63% |
| 1 year (2022-01-27) | 19.67% |
|---|---|
| 2 years (2021-01-27) | 24.38% |
| 3 years (2020-01-27) | 14.58% |
| 5 years (2018-01-26) | 4.31% |
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 24x. In other words, Progress Software Corporation shares trade at around 24x 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 5.8884. 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 $204.3 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 | $602 million |
|---|---|
| Operating margin TTM | 21.17% |
| Gross profit TTM | $529.6 million |
| Return on assets TTM | 5.75% |
| Return on equity TTM | 23.58% |
| Profit margin | 15.79% |
| Book value | $9.13 |
| Market capitalisation | $2.3 billion |
TTM: trailing 12 months
Dividend payout ratio: 16.95% of net profits
Recently Progress Software Corporation has paid out, on average, around 16.95% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.36% 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 1.36% 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 2023. The latest dividend was paid out to all shareholders who bought their shares by 27 February 2023 (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 $40.1922 up to $54.23. 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 1.0129. 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, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.
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