Progress Software Corporation

NasdaqGS:PRGS Stock Report

Market Cap: US$2.3b

Progress Software Future Growth

Future criteria checks 4/6

Progress Software is forecast to grow earnings and revenue by 20.3% and 2.7% per annum respectively. EPS is expected to grow by 20.8% per annum. Return on equity is forecast to be 24.8% in 3 years.

Key information

20.3%

Earnings growth rate

20.8%

EPS growth rate

Software earnings growth15.5%
Revenue growth rate2.7%
Future return on equity24.8%
Analyst coverage

Good

Last updated28 Mar 2024

Recent future growth updates

Progress Software Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Jan 19
Progress Software Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Recent updates

Does Progress Software (NASDAQ:PRGS) Have A Healthy Balance Sheet?

Mar 13
Does Progress Software (NASDAQ:PRGS) Have A Healthy Balance Sheet?

Progress Software's Balance Sheet Weakness Stands Out, But The Stock Looks Undervalued

Mar 11

Progress Software (NASDAQ:PRGS) Is Paying Out A Dividend Of $0.175

Feb 06
Progress Software (NASDAQ:PRGS) Is Paying Out A Dividend Of $0.175

There May Be Reason For Hope In Progress Software's (NASDAQ:PRGS) Disappointing Earnings

Feb 02
There May Be Reason For Hope In Progress Software's (NASDAQ:PRGS) Disappointing Earnings

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

Jan 20
Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175

Progress Software Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Jan 19
Progress Software Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Getting In Cheap On Progress Software Corporation (NASDAQ:PRGS) Is Unlikely

Jan 02
Getting In Cheap On Progress Software Corporation (NASDAQ:PRGS) Is Unlikely

At US$52.92, Is Progress Software Corporation (NASDAQ:PRGS) Worth Looking At Closely?

Nov 08
At US$52.92, Is Progress Software Corporation (NASDAQ:PRGS) Worth Looking At Closely?

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

Sep 30
Progress Software (NASDAQ:PRGS) Will Pay A Dividend Of $0.175

Progress Software (NASDAQ:PRGS) Is Paying Out A Dividend Of $0.175

Aug 18
Progress Software (NASDAQ:PRGS) Is Paying Out A Dividend Of $0.175

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

Aug 06
Should You Think About Buying Progress Software Corporation (NASDAQ:PRGS) Now?

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

Jul 22
Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175

Progress Software (NASDAQ:PRGS) Is Paying Out A Dividend Of $0.175

Jul 04
Progress Software (NASDAQ:PRGS) Is Paying Out A Dividend Of $0.175

Progress Software Corporation's (NASDAQ:PRGS) Intrinsic Value Is Potentially 63% Above Its Share Price

Jun 27
Progress Software Corporation's (NASDAQ:PRGS) Intrinsic Value Is Potentially 63% Above Its Share Price

Here's Why We Think Progress Software (NASDAQ:PRGS) Is Well Worth Watching

Apr 18
Here's Why We Think Progress Software (NASDAQ:PRGS) Is Well Worth Watching

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

Apr 04
We Think Progress Software (NASDAQ:PRGS) Can Stay On Top Of Its Debt

Progress Software Corporation's (NASDAQ:PRGS) Intrinsic Value Is Potentially 36% Above Its Share Price

Mar 22
Progress Software Corporation's (NASDAQ:PRGS) Intrinsic Value Is Potentially 36% Above Its Share Price

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

Feb 08
Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175

Is Now The Time To Look At Buying Progress Software Corporation (NASDAQ:PRGS)?

Feb 02
Is Now The Time To Look At Buying Progress Software Corporation (NASDAQ:PRGS)?

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

Progress Software: A Fairly-Priced Tech Name With Volatility Expected Post-Earnings

Sep 26

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 goes ex-dividend tomorrow

Aug 30

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?

Earnings and Revenue Growth Forecasts

NasdaqGS:PRGS - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
11/30/20267771192382364
11/30/20257581112192248
11/30/2024727912052068
2/29/202471569192198N/A
11/30/202369470168174N/A
8/31/202367579175181N/A
5/31/202365181168175N/A
2/28/202362198189195N/A
11/30/202260295186192N/A
8/31/202258586191196N/A
5/31/202258195187192N/A
2/28/202255580174178N/A
11/30/202153178174179N/A
8/31/202151481172177N/A
5/31/202147674166173N/A
2/28/202145478150157N/A
11/30/202044280138145N/A
8/31/202043757133139N/A
5/31/202043447130134N/A
2/29/202043338132137N/A
11/30/201941326124128N/A
8/31/201939440113116N/A
5/31/201938041108113N/A
2/28/201937345108114N/A
11/30/201837950114121N/A
8/31/201839757121130N/A
5/31/201840254114120N/A
2/28/20184025296100N/A
11/30/201738929N/A106N/A
8/31/2017399-53N/A107N/A
5/31/2017404-56N/A113N/A
2/28/2017407-59N/A118N/A
11/30/2016405-56N/A103N/A
8/31/20164009N/A96N/A
5/31/2016393-3N/A96N/A
2/29/2016386-5N/A90N/A
11/30/2015378-9N/A105N/A
8/31/201536315N/A116N/A
5/31/201534730N/A123N/A
2/28/201533937N/A119N/A
11/30/201433349N/A108N/A
8/31/201432650N/A86N/A
5/31/201432446N/A59N/A
2/28/201432541N/A55N/A
11/30/201333440N/A5N/A
8/31/201333038N/A15N/A
5/31/201332638N/A39N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRGS's forecast earnings growth (20.3% per year) is above the savings rate (2.3%).

Earnings vs Market: PRGS's earnings (20.3% per year) are forecast to grow faster than the US market (13.4% per year).

High Growth Earnings: PRGS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PRGS's revenue (2.7% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: PRGS's revenue (2.7% 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 high in 3 years time (24.8%)


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