Next earnings date: 22 Sep 2025
Progress Software Corporation – NASDAQ:PRGS
Progress Software stock price today
$45.15
-20.33
-31.05%
Financial Health
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Market closed
Open in about 8 hours
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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Sign up for freeProgress Software stock price history
Progress Software stock forecast
Progress Software financial statements
Average Price Target
$73.2
Potential upside: 62.12%
Analysts Price target
Financials & Ratios estimates
| 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% |
| 2024-09-24 | 1.14 | 1.26 |
|---|
0.80%
Yield TTM
| Payout ratio | 38.36% |
|---|
| 2019 | 1.48% |
|---|---|
| 2020 | 1.66% |
| 2021 | 1.48% |
| 2022 | 1.34% |
| 2023 | 1.35% |
| 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% |
| 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
| 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
214
-34
41.11M
-3.03M
shares is hold by hedge funds
What is insider trading?
| 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 Utility: Bi-directional design-to-code 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 Utility: Self-configuring adapter 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 |
| Quarter | Transcript |
|---|---|
| Q2 2024 25 Jun 2024 | Q2 2024 Earnings Call Transcript |
| Q1 2024 26 Mar 2024 | Q1 2024 Earnings Call Transcript |
| Q4 2023 16 Jan 2024 | Q4 2023 Earnings Call Transcript |
| Q3 2023 26 Sep 2023 | Q3 2023 Earnings Call Transcript |
Progress Software: A Shelter Company For Difficult Times
Progress Software: An Outlier In The Infrastructure Software Industry
Progress Software: Attractive At Current Levels
Progress Software: A Stable Business At A Crossroads
Progress Software: Fairly Valued Software Player
Progress Software: Unconventional, But Powerful
Progress Software: Lean In To This Stock For Value
Progress Software's Strategy May Not Be Standard, But It's Working
Progress Software: Promising In Unexpected Ways
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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.
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When is Progress Software's next earnings date?
Progress Software Corporation is estimated to report earnings on Monday, 22 Sep 2025.
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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.
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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.
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What is Progress Software's stock symbol?
Progress Software Corporation is traded on the NASDAQ under the ticker symbol "PRGS".
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What is Progress Software's primary industry?
Company operates in the Technology sector and Software - Application industry.
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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.
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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)
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How many employees does Progress Software have?
As Jul 2024, Progress Software employs 2,284 workers.
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When Progress Software went public?
Progress Software Corporation is publicly traded company for more then 34 years since IPO on 30 Jul 1991.
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What is Progress Software's official website?
The official website for Progress Software is progress.com.
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Where are Progress Software's headquarters?
Progress Software is headquartered at 15 Wayside Road, Burlington, MA.
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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.
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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.comExchange:
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
Burlington, MA 01803
CIK: 0000876167
ISIN: US7433121008
CUSIP: 743312100
