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. Progress Software Corporation employs 2,284 staff and has a trailing 12-month revenue of around $711.7 million.
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| Latest market close | $56.00 |
|---|---|
| 52-week range | $48.00 - $61.54 |
| 50-day moving average | $51.85 |
| 200-day moving average | $53.03 |
| Wall St. target price | $63.00 |
| PE ratio | 34.0736 |
| Dividend yield | $0.7 (1.26%) |
| Earnings per share (TTM) | $1.63 |
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 $56 from 2024-07-23
| 1 week (2024-07-17) | -1.79% |
|---|---|
| 1 month (2024-06-24) | 14.33% |
| 3 months (2024-04-24) | 8.46% |
| 6 months (2024-01-24) | -5.56% |
| 1 year (2023-07-24) | -3.50% |
|---|---|
| 2 years (2022-07-20) | 19.91% |
| 3 years (2021-07-23) | 21.03% |
| 5 years (2019-07-24) | 35.84% |
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 34x. In other words, Progress Software Corporation shares trade at around 34x 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 "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.4245. 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 $236.5 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 | $711.7 million |
|---|---|
| Operating margin TTM | 17.92% |
| Gross profit TTM | $529.6 million |
| Return on assets TTM | 5.03% |
| Return on equity TTM | 17.86% |
| Profit margin | 10.29% |
| Book value | $9.33 |
| Market Capitalization | $2.4 billion |
TTM: trailing 12 months
Dividend payout ratio: 15.77% of net profits
Recently Progress Software Corporation has paid out, on average, around 15.77% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.26% 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 1.26% 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 15 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 29 August 2024 (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 $48 up to $61.541. 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 0.931. This would suggest that Progress Software Corporation's shares are less volatile than average (for this exchange).
Progress Software Corporation develops, deploys, and manages business applications in the United States and internationally. The company offers OpenEdge, an application development platform for running business-critical applications; Chef, a DevOps/DevSecOps automation software; Developer Tools that consists of software development tooling collection, including . NET and JavaScript UI components for web, desktop and mobile applications, reporting and report management tools, and automated testing and mocking tools; Kemp LoadMaster, an application delivery and security product offering cloud-native, and virtual and hardware load balancers; and Sitefinity, a digital experience platform foundation delivering intelligent and ROI-driving tools for marketers. It also provides MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data and SaaS data sources; WhatsUp Gold, a network infrastructure monitoring software providing complete visibility of all network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems; Flowmon, a network security and visibility product with automated response across hybrid cloud ecosystems; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; MarkLogic, a data agility platform to connect data and metadata; and Semaphore, a Semantic AI platform. 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.
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