Progress Software Corporation is a software - infrastructure business based in the US. Progress Software Corporation shares (PRGS) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $43.38 – . Progress Software Corporation employs 2,815 staff and has a trailing 12-month revenue of around $940.1 million.
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Is it a good time to buy Progress Software Corporation stock?
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.
Is Progress Software Corporation stock undervalued or overvalued?
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 P/E ratio
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 38x. In other words, Progress Software Corporation shares trade at around 38x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Progress Software Corporation's PEG ratio
Progress Software Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.4085. 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
Progress Software Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $317.6 million.
The EBITDA is a measure of a Progress Software Corporation's overall financial performance and is widely used to measure a its profitability.
Progress Software Corporation financials
Revenue TTM
$940.1 million
Operating margin TTM
18.52%
Gross profit TTM
$801.9 million
Return on assets TTM
5.39%
Return on equity TTM
10.75%
Profit margin
5.16%
Book value
$11.13
Market Capitalization
$1.8 billion
TTM: trailing 12 months
Progress Software Corporation share dividends
We're not expecting Progress Software Corporation to pay a dividend over the next 12 months.
Have Progress Software Corporation's shares ever split?
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 up to $70.28. 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 0.633. This would suggest that Progress Software Corporation's shares are less volatile than average (for this exchange).
Progress Software Corporation overview
Progress Software Corporation develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation, delivering intelligent, AI-powered, ROI-driving tools for marketers, and an extensible platform for developers; and WhatsUp Gold, a network infrastructure monitoring software providing visibility of various network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts. .
Frequently asked questions
What percentage of Progress Software Corporation is owned by insiders or institutions? Currently 1.859% of Progress Software Corporation shares are held by insiders and 114.473% by institutions.How many people work for Progress Software Corporation? Latest data suggests 2,815 work at Progress Software Corporation.When does the fiscal year end for Progress Software Corporation? Progress Software Corporation's fiscal year ends in November.Where is Progress Software Corporation based? Progress Software Corporation's address is: 15 Wayside Road, Burlington, MA, United States, 01803What is Progress Software Corporation's ISIN number? Progress Software Corporation's international securities identification number is: US7433121008What is Progress Software Corporation's CUSIP number? Progress Software Corporation's Committee on Uniform Securities Identification Procedures number is: 743312100
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