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Progress Software/$PRGS
14:30
16:10
17:45
19:25
21:00
1D1W1MYTD1Y5YMAX
About Progress Software
Progress Software Corporation provides software operate in one operating segment: software products for the development, deployment, and management of responsible, AI-powered applications and digital experiences. Following are products: Chef, Corticon, Data Direct, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, WhatsUp Gold. Company operates in North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia and Australia ("Asia Pacific"). Maximum revenue is gained from USA and EMEA.
Ticker
$PRGS
Sector
Trading on
Industry
Software
Headquarters
Employees
2,815
Website
PRGS Metrics
BasicAdvanced
$2.4B
36.56
$1.54
0.93
$0.53
1.24%
Price and volume
Market cap
$2.4B
Beta
0.93
52-week high
$69.79
52-week low
$48.00
Average daily volume
741K
Dividend rate
$0.53
Financial strength
Current ratio
0.81
Quick ratio
0.695
Long term debt to equity
353.821
Total debt to equity
355.919
Dividend payout ratio (TTM)
45.97%
Interest coverage (TTM)
4.91%
Management effectiveness
Return on assets (TTM)
4.76%
Return on equity (TTM)
15.23%
Valuation
Price to earnings (TTM)
36.558
Price to revenue (TTM)
3.233
Price to book
5.56
Price to tangible book (TTM)
-1.55
Price to free cash flow (TTM)
11.809
Dividend yield (TTM)
0.93%
Forward dividend yield
1.24%
Growth
Revenue change (TTM)
8.49%
Earnings per share change (TTM)
-1.91%
3-year revenue growth (CAGR)
12.35%
3-year earnings per share growth (CAGR)
-4.35%
3-year dividend per share growth (CAGR)
-9.14%
What the Analysts think about PRGS
Analyst Ratings
Analyst ratings (Buy, Hold, Sell) for Progress Software stock.
PRGS Financial Performance
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
PRGS Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
PRGS News
AllArticlesVideos
Launch of Progress Data Cloud Creates Platform to Accelerate AI Strategies and Digital Transformation
GlobeNewsWire·7 days ago
Progress Software Earnings: Cheap Enough To Ignore The Debt
Seeking Alpha·1 week ago
Progress Software Corporation (PRGS) Q4 2024 Earnings Call Transcript
Seeking Alpha·1 week ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
FAQs
What’s the current market cap for Progress Software stock?
Progress Software (PRGS) has a market cap of $2.4B as of January 30, 2025.
What is the P/E ratio for Progress Software stock?
The price to earnings (P/E) ratio for Progress Software (PRGS) stock is 36.56 as of January 30, 2025.
Does Progress Software stock pay dividends?
Yes, the Progress Software (PRGS) stock pays dividends to shareholders. As of January 30, 2025, the dividend rate is $0.525 and the yield is 1.24%. Progress Software has a payout ratio of 45.97% on a trailing twelve-month basis.
When is the next Progress Software dividend payment date?
The next Progress Software (PRGS) dividend payment date is unconfirmed.
What is the beta indicator for Progress Software?
Progress Software (PRGS) has a beta rating of 0.93. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.