Progress Software Corporation – NASDAQ:PRGS

Progress Software stock price today

$45.15
-20.33
-31.05%
Financial Health
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Progress Software stock price monthly change

+18.77%
month

Progress Software stock price quarterly change

+18.77%
quarter

Progress Software stock price yearly change

+19.42%
year

Progress Software key metrics

Market Cap
2.84B
Enterprise value
3.38B
P/E
33.97
EV/Sales
4.73
EV/EBITDA
14.40
Price/Sales
3.92
Price/Book
6.59
PEG ratio
3.97
EPS
1.68
Revenue
711.72M
EBITDA
238.81M
Income
73.25M
Revenue Q/Q
-1.78%
Revenue Y/Y
9.35%
Profit margin
11.55%
Oper. margin
18.63%
Gross margin
77.45%
EBIT margin
18.63%
EBITDA margin
33.55%
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Progress Software stock price history

Progress Software stock forecast

Progress Software financial statements

Average Price Target
Last Year

$73.2

Potential upside: 62.12%

Based on estimate of 4 analysts
  • Analysts Price target

  • Financials & Ratios estimates

Progress Software Corporation (NASDAQ:PRGS): Profit margin
Aug 2023 174.99M 19.09M 10.91%
Nov 2023 176.97M 15.33M 8.67%
Feb 2024 184.68M 22.63M 12.26%
May 2024 175.07M 16.18M 9.25%
Progress Software Corporation (NASDAQ:PRGS): Earnings per share (EPS)
2024-09-24 1.14 1.26
0.80%
Yield TTM
Progress Software Corporation (NASDAQ:PRGS): Payout ratio
Payout ratio 38.36%
Progress Software Corporation (NASDAQ:PRGS): Dividend Yield
2019 1.48%
2020 1.66%
2021 1.48%
2022 1.34%
2023 1.35%
Progress Software Corporation (NASDAQ:PRGS): Debt to assets
Aug 2023 1597468000 1.15B 72.14%
Nov 2023 1602783000 1.14B 71.32%
Feb 2024 1547769000 1.08B 70.17%
May 2024 1586375000 1.18B 74.68%
Progress Software Corporation (NASDAQ:PRGS): Cash Flow
Aug 2023 46.04M -366K -35.51M
Nov 2023 33.16M -2.38M -42.25M
Feb 2024 68.97M -309K -62.41M
May 2024 65.21M -955K -5.38M

Progress Software alternative data

Progress Software Corporation (NASDAQ:PRGS): Employee count
Aug 2023 2,071
Sep 2023 2,071
Oct 2023 2,071
Nov 2023 2,071
Dec 2023 2,071
Jan 2024 2,071
Feb 2024 2,284
Mar 2024 2,284
Apr 2024 2,284
May 2024 2,284
Jun 2024 2,284
Jul 2024 2,284

Progress Software other data

93.59% -6.18%
of PRGS is owned by hedge funds
41.11M -3.03M
shares is hold by hedge funds

Progress Software Corporation (NASDAQ:PRGS): Insider trades (number of shares)
Period Buy Sel
Aug 2023 0 12713
Sep 2023 0 3265
Oct 2023 0 2265
Nov 2023 0 6286
Dec 2023 0 4190
Jan 2024 0 20862
Feb 2024 0 63446
Mar 2024 0 5799
Apr 2024 0 72675
May 2024 0 37860
Jun 2024 0 3767
Jul 2024 0 3502
Transaction Date Insider Security Shares Price per share Total value Source
Sale
PITT IAN officer: Chief Information Offi..
Common Stock 584 $55 $32,120
Option
KULIKOSKI KATHRYN officer: Chief People Officer
Common Stock 2,120 $47.16 $99,979
Sale
KULIKOSKI KATHRYN officer: Chief People Officer
Common Stock 2,918 $54.09 $157,835
Option
KULIKOSKI KATHRYN officer: Chief People Officer
Employee Stock Options 2,120 $47.16 $99,979
Sale
FOLGER ANTHONY officer: Chief Fi.. Common Stock 3,767 $50.5 $190,234
Sale
KULIKOSKI KATHRYN officer: Chief People Officer
Common Stock 6,450 $51.34 $331,143
Sale
AINSWORTH JOHN officer: EVP/GM A.. Common Stock 30,631 $51.03 $1,563,100
Sale
WANG YUFAN STEPHANIE officer: Chief Legal Officer
Common Stock 779 $50.67 $39,472
Sale
SUBRAMANIAN SUNDAR officer: EVP/GM Infrastructure ..
Common Stock 584 $49.89 $29,136
Sale
KRALL DAVID director
Common Stock 20,000 $51 $1,020,000
Patent
Grant
Filling date: 30 Apr 2020 Issue date: 12 Jul 2022
Grant
Filling date: 24 May 2021 Issue date: 7 Jun 2022
Grant
Filling date: 19 Mar 2020 Issue date: 12 Apr 2022
Grant
Filling date: 9 Feb 2021 Issue date: 5 Apr 2022
Grant
Filling date: 5 May 2021 Issue date: 1 Mar 2022
Grant
Filling date: 26 Nov 2019 Issue date: 1 Mar 2022
Grant
Filling date: 26 Nov 2019 Issue date: 8 Feb 2022
Grant
Filling date: 23 May 2019 Issue date: 9 Nov 2021
Grant
Filling date: 16 Jul 2018 Issue date: 7 Sep 2021
Grant
Filling date: 15 Feb 2019 Issue date: 22 Jun 2021
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  • What's the price of Progress Software stock today?

    One share of Progress Software stock can currently be purchased for approximately $45.15.

  • When is Progress Software's next earnings date?

    Progress Software Corporation is estimated to report earnings on Monday, 22 Sep 2025.

  • Does Progress Software pay dividends?

    Yes, Progress Software pays dividends and its trailing 12-month yield is 0.8% with 38% payout ratio. The last Progress Software stock dividend of $0.18 was paid on 15 Dec 2021.

  • How much money does Progress Software make?

    Progress Software has a market capitalization of 2.84B and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 15.35% to 694.44M US dollars. Progress Software earned 70.2M US dollars in net income (profit) last year or $1.26 on an earnings per share basis.

  • What is Progress Software's stock symbol?

    Progress Software Corporation is traded on the NASDAQ under the ticker symbol "PRGS".

  • What is Progress Software's primary industry?

    Company operates in the Technology sector and Software - Application industry.

  • How do i buy shares of Progress Software?

    Shares of Progress Software can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

  • Who are Progress Software's key executives?

    Progress Software's management team includes the following people:

    • Mr. Yogesh K. Gupta Chief Executive Officer, Pres & Director(age: 64, pay: $1,130,000)
    • Mr. Gary Quinn Executive Vice President of Enterprise Application Experience Field Organization(age: 64, pay: $672,600)
    • Mr. Anthony Folger Chief Financial Officer(age: 53, pay: $592,430)
    • Ms. Loren Weinberg Jarrett Executive Vice President & GM of Developer Tools Bus.(age: 50, pay: $560,870)
    • Mr. John Ainsworth Executive Vice President of Enterprise Application Experience Products(age: 60, pay: $559,920)
  • How many employees does Progress Software have?

    As Jul 2024, Progress Software employs 2,284 workers.

  • When Progress Software went public?

    Progress Software Corporation is publicly traded company for more then 34 years since IPO on 30 Jul 1991.

  • What is Progress Software's official website?

    The official website for Progress Software is progress.com.

  • Where are Progress Software's headquarters?

    Progress Software is headquartered at 15 Wayside Road, Burlington, MA.

  • How can i contact Progress Software?

    Progress Software's mailing address is 15 Wayside Road, Burlington, MA and company can be reached via phone at +7 812804000.

  • What is Progress Software stock forecast & price target?

    Based on 4 Wall Street analysts` predicted price targets for Progress Software in the last 12 months, the avarage price target is $73.2. The average price target represents a 62.12% change from the last price of $45.15.

Progress Software company profile:

Progress Software Corporation

progress.com
Exchange:

NASDAQ

Full time employees:

2,284

Industry:

Software - Application

Sector:

Technology

Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

15 Wayside Road
Burlington, MA 01803

CIK: 0000876167
ISIN: US7433121008
CUSIP: 743312100