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PRGS

Progress Software NasdaqGS:PRGS Stock Report

Last Price

US$51.99

Market Cap

US$2.2b

7D

1.0%

1Y

12.3%

Updated

31 Jan, 2023

Data

Company Financials +

Progress Software Corporation

NasdaqGS:PRGS Stock Report

Mkt Cap: US$2.2b

PRGS Stock Overview

Progress Software Corporation develops, deploys, and manages business applications.

PRGS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance5/6
Financial Health3/6
Dividends2/6

My Notes

New

Notes are coming soon

Progress Software Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Progress Software
Historical stock prices
Current Share PriceUS$51.99
52 Week HighUS$54.23
52 Week LowUS$40.33
Beta1.01
1 Month Change3.05%
3 Month Change6.12%
1 Year Change12.29%
3 Year Change13.05%
5 Year Change8.49%
Change since IPO1,486.14%

Recent News & Updates

Is Now The Time To Put Progress Software (NASDAQ:PRGS) On Your Watchlist?

Jan 09
Is Now The Time To Put Progress Software (NASDAQ:PRGS) On Your Watchlist?

Recent updates

Is Now The Time To Put Progress Software (NASDAQ:PRGS) On Your Watchlist?

Jan 09
Is Now The Time To Put Progress Software (NASDAQ:PRGS) On Your Watchlist?

We Think Progress Software (NASDAQ:PRGS) Can Stay On Top Of Its Debt

Dec 08
We Think Progress Software (NASDAQ:PRGS) Can Stay On Top Of Its Debt

Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175

Nov 17
Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175

Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175

Oct 27
Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175

An Intrinsic Calculation For Progress Software Corporation (NASDAQ:PRGS) Suggests It's 47% Undervalued

Oct 26
An Intrinsic Calculation For Progress Software Corporation (NASDAQ:PRGS) Suggests It's 47% Undervalued

Progress Software (NASDAQ:PRGS) Will Pay A Dividend Of $0.175

Oct 13
Progress Software (NASDAQ:PRGS) Will Pay A Dividend Of $0.175

Should You Think About Buying Progress Software Corporation (NASDAQ:PRGS) Now?

Sep 16
Should You Think About Buying Progress Software Corporation (NASDAQ:PRGS) Now?

Here's Why Progress Software (NASDAQ:PRGS) Can Manage Its Debt Responsibly

Sep 01
Here's Why Progress Software (NASDAQ:PRGS) Can Manage Its Debt Responsibly

Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175

Aug 16
Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175

Is Now The Time To Put Progress Software (NASDAQ:PRGS) On Your Watchlist?

Aug 14
Is Now The Time To Put Progress Software (NASDAQ:PRGS) On Your Watchlist?

Progress Software (NASDAQ:PRGS) Has Announced A Dividend Of $0.175

Jul 25
Progress Software (NASDAQ:PRGS) Has Announced A Dividend Of $0.175

Are Investors Undervaluing Progress Software Corporation (NASDAQ:PRGS) By 42%?

Jun 11
Are Investors Undervaluing Progress Software Corporation (NASDAQ:PRGS) By 42%?

Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of US$0.17

May 25
Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of US$0.17

Progress Software (NASDAQ:PRGS) Has Re-Affirmed Its Dividend Of US$0.17

Apr 16
Progress Software (NASDAQ:PRGS) Has Re-Affirmed Its Dividend Of US$0.17

Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of US$0.17

Apr 02
Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of US$0.17

Why Progress Software Corporation (NASDAQ:PRGS) Could Be Worth Watching

Mar 17
Why Progress Software Corporation (NASDAQ:PRGS) Could Be Worth Watching

Progress Software (NASDAQ:PRGS) Seems To Use Debt Quite Sensibly

Feb 23
Progress Software (NASDAQ:PRGS) Seems To Use Debt Quite Sensibly

Progress Software Corporation's (NASDAQ:PRGS) Intrinsic Value Is Potentially 74% Above Its Share Price

Dec 27
Progress Software Corporation's (NASDAQ:PRGS) Intrinsic Value Is Potentially 74% Above Its Share Price

Why Progress Software Corporation (NASDAQ:PRGS) Could Be Worth Watching

Nov 02
Why Progress Software Corporation (NASDAQ:PRGS) Could Be Worth Watching

Progress Software (NASDAQ:PRGS) Has Re-Affirmed Its Dividend Of US$0.17

Oct 12
Progress Software (NASDAQ:PRGS) Has Re-Affirmed Its Dividend Of US$0.17

Progress Software (NASDAQ:PRGS) Has Announced A Dividend Of US$0.17

Sep 28
Progress Software (NASDAQ:PRGS) Has Announced A Dividend Of US$0.17

Do Progress Software's (NASDAQ:PRGS) Earnings Warrant Your Attention?

Sep 13
Do Progress Software's (NASDAQ:PRGS) Earnings Warrant Your Attention?

Progress Software (NASDAQ:PRGS) Seems To Use Debt Quite Sensibly

Jul 09
Progress Software (NASDAQ:PRGS) Seems To Use Debt Quite Sensibly

What Is Progress Software Corporation's (NASDAQ:PRGS) Share Price Doing?

Jun 07
What Is Progress Software Corporation's (NASDAQ:PRGS) Share Price Doing?

Shareholders Will Most Likely Find Progress Software Corporation's (NASDAQ:PRGS) CEO Compensation Acceptable

May 12
Shareholders Will Most Likely Find Progress Software Corporation's (NASDAQ:PRGS) CEO Compensation Acceptable

Progress Software Corporation's (NASDAQ:PRGS) Intrinsic Value Is Potentially 37% Above Its Share Price

May 06
Progress Software Corporation's (NASDAQ:PRGS) Intrinsic Value Is Potentially 37% Above Its Share Price

Shareholder Returns

PRGSUS SoftwareUS Market
7D1.0%0.9%0.2%
1Y12.3%-25.6%-13.6%

Return vs Industry: PRGS exceeded the US Software industry which returned -22% over the past year.

Return vs Market: PRGS exceeded the US Market which returned -9.2% over the past year.

Price Volatility

Is PRGS's price volatile compared to industry and market?
PRGS volatility
PRGS Average Weekly Movement2.9%
Software Industry Average Movement9.5%
Market Average Movement6.9%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market2.8%

Stable Share Price: PRGS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: PRGS's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19812,071Yogesh Guptahttps://www.progress.com

Progress Software Corporation develops, deploys, and manages business applications. 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, a flexible 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.

Progress Software Corporation Fundamentals Summary

How do Progress Software's earnings and revenue compare to its market cap?
PRGS fundamental statistics
Market CapUS$2.24b
Earnings (TTM)US$95.07m
Revenue (TTM)US$602.01m

23.5x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PRGS income statement (TTM)
RevenueUS$602.01m
Cost of RevenueUS$72.42m
Gross ProfitUS$529.59m
Other ExpensesUS$434.52m
EarningsUS$95.07m

Last Reported Earnings

Nov 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.21
Gross Margin87.97%
Net Profit Margin15.79%
Debt/Equity Ratio155.1%

How did PRGS perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

32%

Payout Ratio

Does PRGS pay a reliable dividends?

See PRGS dividend history and benchmarks
When do you need to buy PRGS by to receive an upcoming dividend?
Progress Software dividend dates
Ex Dividend DateFeb 28 2023
Dividend Pay DateMar 15 2023
Days until Ex dividend28 days
Days until Dividend pay date43 days

Does PRGS pay a reliable dividends?

See PRGS dividend history and benchmarks