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Dominance

Progress Software PRGS Stock

50.98 USD {{ price }} -1.335395% {{change_pct}}%
Exchange
NasdaqGS
Market Cap
2.2B USD
LOW - HIGH [24H]
50.82 - 51.64 USD
VOLUME [24H]
396.09K USD
{{ volume }}
P/E Ratio
32.89
Earnings per share
1.55 USD

Progress Software Price Chart

Progress Software PRGS Financial and Trading Overview

Progress Software stock price 50.98 USD
Previous Close 61.24 USD
Open 60.78 USD
Bid 0 USD x 1000
Ask 0 USD x 1200
Day's Range 57.48 - 61.23 USD
52 Week Range 40.33 - 61.79 USD
Volume 1.37M USD
Avg. Volume 353.53K USD
Market Cap 2.49B USD
Beta (5Y Monthly) 0.939788
PE Ratio (TTM) 25.9009
EPS (TTM) 1.55 USD
Forward Dividend & Yield 0.7 (1.14%)
Ex-Dividend Date May 31, 2023
1y Target Est 63.17 USD

PRGS Valuation Measures

Enterprise Value 3.37B USD
Trailing P/E 25.9009
Forward P/E 12.3126335
PEG Ratio (5 yr expected) 7.24
Price/Sales (ttm) 4.007871
Price/Book (mrq) 6.0228343
Enterprise Value/Revenue 5.421
Enterprise Value/EBITDA 15.617

Trading Information

Progress Software Stock Price History

Beta (5Y Monthly) 0.939788
52-Week Change 22.52%
S&P500 52-Week Change 20.43%
52 Week High 61.79 USD
52 Week Low 40.33 USD
50-Day Moving Average 57.02 USD
200-Day Moving Average 52.93 USD

PRGS Share Statistics

Avg. Volume (3 month) 353.53K USD
Avg. Daily Volume (10-Days) 438.15K USD
Shares Outstanding 43.31M
Float 42.87M
Short Ratio 11.16
% Held by Insiders 1.69%
% Held by Institutions 105.98%
Shares Short 2.92M
Short % of Float 9.58%
Short % of Shares Outstanding 6.75%

Dividends & Splits

Trailing Annual Dividend Rate 0.7
Trailing Annual Dividend Yield 1.14%
5 Year Average Dividend Yield 152.00%
Payout Ratio 0.31530002
Last Split Factor 3:2

Financial Highlights

Fiscal Year

Fiscal Year Ends November 30, 2022
Most Recent Quarter (mrq) February 28, 2023
Next Fiscal Year End November 30, 2023

Profitability

Profit Margin 15.81%
Operating Margin (ttm) 22.21%
Gross Margin 87.98%
EBITDA Margin 34.71%

Management Effectiveness

Return on Assets (ttm) 5.75%
Return on Equity (ttm) 25.14%

Income Statement

Revenue (ttm) 621.32M USD
Revenue Per Share (ttm) 14.35 USD
Quarterly Revenue Growth (yoy) 13.30%
Gross Profit (ttm) 529.59M USD
EBITDA 215.66M USD
Net Income Avi to Common (ttm) 98.29M USD
Diluted EPS (ttm) 2.22
Quarterly Earnings Growth (yoy) 15.69%

Balance Sheet

Total Cash (mrq) 122.93M USD
Total Cash Per Share (mrq) 2.84 USD
Total Debt (mrq) 838.72M USD
Total Debt/Equity (mrq) 202.86 USD
Current Ratio (mrq) 0.868
Book Value Per Share (mrq) 9.547

Cash Flow Statement

Operating Cash Flow (ttm) 194.83M USD
Levered Free Cash Flow (ttm) 237.89M USD

Profile of Progress Software

Country United States
State MA
City Burlington
Address 15 Wayside Road
ZIP 01803
Phone 781 280 4000
Website https://www.progress.com
Industry Software-Application
Sector(s) Technology
Full Time Employees 2071

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. It also provides MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit, DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data and SaaS data sources; WhatsUp Gold, a network infrastructure monitoring software providing complete visibility of all network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems; Flowmon, a network security and visibility product with automated response across hybrid cloud ecosystems; and Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules. Further, the company offers project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. It 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.

Q&A For Progress Software Stock

What is a current PRGS stock price?

Progress Software PRGS stock price today per share is 50.98 USD.

How to purchase Progress Software stock?

You can buy PRGS shares on the NasdaqGS exchange. Contact your financial advisor to select a broker.

What is the ticker symbol for Progress Software?

The stock symbol or ticker of Progress Software is PRGS.

Which industry does the Progress Software company belong to?

The Progress Software industry is Software-Application.

How many shares does Progress Software have in circulation?

The max supply of Progress Software shares is 43.22M.

What is Progress Software Price to Earnings Ratio (PE Ratio)?

Progress Software PE Ratio is 32.89032400 now.

What was Progress Software earnings per share over the trailing 12 months (TTM)?

Progress Software EPS is 1.55 USD over the trailing 12 months.

Which sector does the Progress Software company belong to?

The Progress Software sector is Technology.

Progress Software PRGS included in indexes

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NASDAQ Composite IXIC 16175.09 USD
-1.62
3.94B USD 16125.33 USD 16341.46 USD 3.94B USD
Nasdaq US 700 Small Cap Index NQUS700SC 2060.1 USD
-1.99
2051.95 USD 2093.4 USD
Nasdaq AlphaDEX Multi Cap Growt NQDXUSMLTCG 2541.54 USD
-1.89
2531.95 USD 2572.66 USD
NASDAQ Computer IXCO 14702.04 USD
-1.61
14651.24 USD 14860.46 USD
NASDAQ Composite Total Return I XCMP 19659.36 USD
-1.62
19598.88 USD 19861.56 USD
NASDAQ Global Select Market Com NQGS 7876.03 USD
-1.61
7852.08 USD 7955.84 USD