PRGS Stock Overview
Progress Software Corporation develops, deploys, and manages business applications.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
My Notes
NewNotes are coming soon
Progress Software Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$51.99 |
| 52 Week High | US$54.23 |
| 52 Week Low | US$40.33 |
| Beta | 1.01 |
| 1 Month Change | 3.05% |
| 3 Month Change | 6.12% |
| 1 Year Change | 12.29% |
| 3 Year Change | 13.05% |
| 5 Year Change | 8.49% |
| Change since IPO | 1,486.14% |
Recent News & Updates
Recent updates
Is Now The Time To Put Progress Software (NASDAQ:PRGS) On Your Watchlist?
Jan 09
We Think Progress Software (NASDAQ:PRGS) Can Stay On Top Of Its Debt
Dec 08Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175
Nov 17Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175
Oct 27An Intrinsic Calculation For Progress Software Corporation (NASDAQ:PRGS) Suggests It's 47% Undervalued
Oct 26Progress Software (NASDAQ:PRGS) Will Pay A Dividend Of $0.175
Oct 13Should You Think About Buying Progress Software Corporation (NASDAQ:PRGS) Now?
Sep 16Here's Why Progress Software (NASDAQ:PRGS) Can Manage Its Debt Responsibly
Sep 01Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175
Aug 16Is Now The Time To Put Progress Software (NASDAQ:PRGS) On Your Watchlist?
Aug 14Progress Software (NASDAQ:PRGS) Has Announced A Dividend Of $0.175
Jul 25Are Investors Undervaluing Progress Software Corporation (NASDAQ:PRGS) By 42%?
Jun 11Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of US$0.17
May 25Progress Software (NASDAQ:PRGS) Has Re-Affirmed Its Dividend Of US$0.17
Apr 16Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of US$0.17
Apr 02Why Progress Software Corporation (NASDAQ:PRGS) Could Be Worth Watching
Mar 17Progress Software (NASDAQ:PRGS) Seems To Use Debt Quite Sensibly
Feb 23Progress Software Corporation's (NASDAQ:PRGS) Intrinsic Value Is Potentially 74% Above Its Share Price
Dec 27Why Progress Software Corporation (NASDAQ:PRGS) Could Be Worth Watching
Nov 02Progress Software (NASDAQ:PRGS) Has Re-Affirmed Its Dividend Of US$0.17
Oct 12Progress Software (NASDAQ:PRGS) Has Announced A Dividend Of US$0.17
Sep 28Do Progress Software's (NASDAQ:PRGS) Earnings Warrant Your Attention?
Sep 13Progress Software (NASDAQ:PRGS) Seems To Use Debt Quite Sensibly
Jul 09What Is Progress Software Corporation's (NASDAQ:PRGS) Share Price Doing?
Jun 07Shareholders Will Most Likely Find Progress Software Corporation's (NASDAQ:PRGS) CEO Compensation Acceptable
May 12Progress Software Corporation's (NASDAQ:PRGS) Intrinsic Value Is Potentially 37% Above Its Share Price
May 06Shareholder Returns
| PRGS | US Software | US Market | |
|---|---|---|---|
| 7D | 1.0% | 0.9% | 0.2% |
| 1Y | 12.3% | -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
| PRGS volatility | |
|---|---|
| PRGS Average Weekly Movement | 2.9% |
| Software Industry Average Movement | 9.5% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 17.3% |
| 10% least volatile stocks in US Market | 2.8% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1981 | 2,071 | Yogesh Gupta | https://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
| PRGS fundamental statistics | |
|---|---|
| Market Cap | US$2.24b |
| Earnings (TTM) | US$95.07m |
| Revenue (TTM) | US$602.01m |
23.5x
P/E Ratio3.7x
P/S RatioIs PRGS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PRGS income statement (TTM) | |
|---|---|
| Revenue | US$602.01m |
| Cost of Revenue | US$72.42m |
| Gross Profit | US$529.59m |
| Other Expenses | US$434.52m |
| Earnings | US$95.07m |
Last Reported Earnings
Nov 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.21 |
| Gross Margin | 87.97% |
| Net Profit Margin | 15.79% |
| Debt/Equity Ratio | 155.1% |
How did PRGS perform over the long term?
See historical performance and comparisonDividends
1.3%
Current Dividend Yield32%
Payout RatioDoes PRGS pay a reliable dividends?
See PRGS dividend history and benchmarks| Progress Software dividend dates | |
|---|---|
| Ex Dividend Date | Feb 28 2023 |
| Dividend Pay Date | Mar 15 2023 |
| Days until Ex dividend | 28 days |
| Days until Dividend pay date | 43 days |
Does PRGS pay a reliable dividends?
See PRGS dividend history and benchmarks