Progress Software Future Growth
Future criteria checks 4/6
Progress Software is forecast to grow earnings and revenue by 24.5% and 13.5% per annum respectively. EPS is expected to grow by 26.3% per annum. Return on equity is forecast to be 15.1% in 3 years.
Key information
24.5%
Earnings growth rate
26.3%
EPS growth rate
| Software earnings growth | 16.9% |
| Revenue growth rate | 13.5% |
| Future return on equity | 15.1% |
| Analyst coverage | Good |
| Last updated | 03 Nov 2024 |
Recent future growth updates
Results: Progress Software Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 29
Progress Software Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jan 19Recent updates
Progress Software Corporation (NASDAQ:PRGS) Not Flying Under The Radar
Nov 07Progress Software's (NASDAQ:PRGS) Earnings Seem To Be Promising
Oct 15Progress Software Q3 Earnings: This Stock Is Ready To Move Higher
Sep 25Progress Software Is Investing In Its Long-Term Position In AI
Sep 10An Intrinsic Calculation For Progress Software Corporation (NASDAQ:PRGS) Suggests It's 49% Undervalued
Aug 30Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175
Aug 06Progress Software (NASDAQ:PRGS) Will Pay A Dividend Of $0.175
Jul 23Progress Software Boosts Outlook Amid Market Challenges
Jul 05Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175
Jun 29Market Participants Recognise Progress Software Corporation's (NASDAQ:PRGS) Earnings
Jun 19What Does Progress Software Corporation's (NASDAQ:PRGS) Share Price Indicate?
May 27Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175
Apr 22Progress Software (NASDAQ:PRGS) Has Announced A Dividend Of $0.175
Apr 01Results: Progress Software Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 29Does Progress Software (NASDAQ:PRGS) Have A Healthy Balance Sheet?
Mar 13Progress Software's Balance Sheet Weakness Stands Out, But The Stock Looks Undervalued
Mar 11Progress Software (NASDAQ:PRGS) Is Paying Out A Dividend Of $0.175
Feb 06There May Be Reason For Hope In Progress Software's (NASDAQ:PRGS) Disappointing Earnings
Feb 02Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175
Jan 20Progress Software Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jan 19Getting In Cheap On Progress Software Corporation (NASDAQ:PRGS) Is Unlikely
Jan 02At US$52.92, Is Progress Software Corporation (NASDAQ:PRGS) Worth Looking At Closely?
Nov 08Progress Software (NASDAQ:PRGS) Will Pay A Dividend Of $0.175
Sep 30Progress Software (NASDAQ:PRGS) Is Paying Out A Dividend Of $0.175
Aug 18Should You Think About Buying Progress Software Corporation (NASDAQ:PRGS) Now?
Aug 06Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175
Jul 22Progress Software (NASDAQ:PRGS) Is Paying Out A Dividend Of $0.175
Jul 04Progress Software Corporation's (NASDAQ:PRGS) Intrinsic Value Is Potentially 63% Above Its Share Price
Jun 27Here's Why We Think Progress Software (NASDAQ:PRGS) Is Well Worth Watching
Apr 18We Think Progress Software (NASDAQ:PRGS) Can Stay On Top Of Its Debt
Apr 04Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 11/30/2026 | 920 | 137 | 260 | 276 | 3 |
| 11/30/2025 | 919 | 107 | 258 | 264 | 7 |
| 11/30/2024 | 750 | 80 | 221 | 201 | 7 |
| 8/31/2024 | 715 | 83 | 220 | 225 | N/A |
| 5/31/2024 | 712 | 73 | 209 | 213 | N/A |
| 2/29/2024 | 715 | 69 | 192 | 198 | N/A |
| 11/30/2023 | 694 | 70 | 168 | 174 | N/A |
| 8/31/2023 | 675 | 79 | 175 | 181 | N/A |
| 5/31/2023 | 651 | 81 | 168 | 175 | N/A |
| 2/28/2023 | 621 | 98 | 189 | 195 | N/A |
| 11/30/2022 | 602 | 95 | 186 | 192 | N/A |
| 8/31/2022 | 585 | 86 | 191 | 196 | N/A |
| 5/31/2022 | 581 | 95 | 187 | 192 | N/A |
| 2/28/2022 | 555 | 80 | 174 | 178 | N/A |
| 11/30/2021 | 531 | 78 | 174 | 179 | N/A |
| 8/31/2021 | 514 | 81 | 172 | 177 | N/A |
| 5/31/2021 | 476 | 74 | 166 | 173 | N/A |
| 2/28/2021 | 454 | 78 | 150 | 157 | N/A |
| 11/30/2020 | 442 | 80 | 138 | 145 | N/A |
| 8/31/2020 | 437 | 57 | 133 | 139 | N/A |
| 5/31/2020 | 434 | 47 | 130 | 134 | N/A |
| 2/29/2020 | 433 | 38 | 132 | 137 | N/A |
| 11/30/2019 | 413 | 26 | 124 | 128 | N/A |
| 8/31/2019 | 394 | 40 | 113 | 116 | N/A |
| 5/31/2019 | 380 | 41 | 108 | 113 | N/A |
| 2/28/2019 | 373 | 45 | 108 | 114 | N/A |
| 11/30/2018 | 379 | 50 | 114 | 121 | N/A |
| 8/31/2018 | 397 | 57 | 121 | 130 | N/A |
| 5/31/2018 | 402 | 54 | N/A | 120 | N/A |
| 2/28/2018 | 402 | 52 | N/A | 100 | N/A |
| 11/30/2017 | 389 | 29 | N/A | 106 | N/A |
| 8/31/2017 | 399 | -53 | N/A | 107 | N/A |
| 5/31/2017 | 404 | -56 | N/A | 113 | N/A |
| 2/28/2017 | 407 | -59 | N/A | 118 | N/A |
| 11/30/2016 | 405 | -56 | N/A | 103 | N/A |
| 8/31/2016 | 400 | 9 | N/A | 96 | N/A |
| 5/31/2016 | 393 | -3 | N/A | 96 | N/A |
| 2/29/2016 | 386 | -5 | N/A | 90 | N/A |
| 11/30/2015 | 378 | -9 | N/A | 105 | N/A |
| 8/31/2015 | 363 | 15 | N/A | 116 | N/A |
| 5/31/2015 | 347 | 30 | N/A | 123 | N/A |
| 2/28/2015 | 339 | 37 | N/A | 119 | N/A |
| 11/30/2014 | 333 | 49 | N/A | 108 | N/A |
| 8/31/2014 | 326 | 50 | N/A | 86 | N/A |
| 5/31/2014 | 324 | 46 | N/A | 59 | N/A |
| 2/28/2014 | 325 | 41 | N/A | 55 | N/A |
| 11/30/2013 | 334 | 40 | N/A | 5 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PRGS's forecast earnings growth (24.5% per year) is above the savings rate (2.6%).
Earnings vs Market: PRGS's earnings (24.5% per year) are forecast to grow faster than the US market (15.5% per year).
High Growth Earnings: PRGS's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PRGS's revenue (13.5% per year) is forecast to grow faster than the US market (9% per year).
High Growth Revenue: PRGS's revenue (13.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PRGS's Return on Equity is forecast to be low in 3 years time (15.1%).