Market closedNon-fractional
Progress Software/PRGS
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18:25
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About Progress Software
Progress Software Corporation is a provider of cloud-based security solutions to large-and mid-sized organizations in a wide range of industries. Its product includes OpenEdge; Chef; Developer Tools; Kemp LoadMaster; MOVEit; DataDirect; WhatsUp Gold; Sitefinity; Flowmon and Corticon. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of the firm's revenue is generated in the United States and it also has presence in Canada, the Middle East, and Africa (EMEA), Latin America, and Asia Pacific.
Ticker
PRGS
Sector
Technology
Trading on
NASDAQ
Industry
Software
Headquarters
Burlington, United States
Employees
2,284
Website
www.progress.com
PRGS Metrics
BasicAdvanced
$2.5B
Market cap
35.25
P/E ratio
$1.63
EPS
0.93
Beta
$0.70
Dividend rate
1.22%
Dividend yield
Price and volume
Market cap
$2.5B
Beta
0.93
Dividend rate
$0.70
Financial strength
Current ratio
1.116
Quick ratio
0.996
Long term debt to equity
200.227
Total debt to equity
202.579
Dividend payout ratio (TTM)
43.41%
Interest coverage (TTM)
4.17%
Management effectiveness
Return on assets (TTM)
5.03%
Return on equity (TTM)
17.86%
Valuation
Price to earnings (TTM)
35.247
Price to revenue (TTM)
3.515
Price to book
6.15
Price to tangible book (TTM)
-3.36
Price to free cash flow (TTM)
11.996
Dividend yield (TTM)
1.22%
Growth
Revenue change (TTM)
9.36%
Earnings per share change (TTM)
-11.84%
3-year revenue growth (CAGR)
14.36%
3-year earnings per share growth (CAGR)
-0.44%
3-year dividend per share growth (CAGR)
0.48%
What the Analysts think about PRGS
Analyst Ratings
Majority rating from 7 analysts.
PRGS Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$185M
4.35%
Net income
$23M
47.71%
Profit margin
12.24%
41.67%
PRGS Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$1.06
$1.08
$1.02
$1.25
-
Expected
$0.90
$1.00
$0.91
$1.14
$0.95
Surprise
17.39%
7.89%
12.33%
9.68%
-
PRGS News
AllArticlesVideos
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
Market closedNon-fractional
Upcoming events
Aug
30
Progress Software
Dividend·Ex-dividend
Sept
16
Progress Software
Dividend·Payment
$0.175
Per share
FAQs
What’s the current market cap for Progress Software stock?
Progress Software (PRGS) has a market cap of $2.5B as of July 27, 2024.
What is the P/E ratio for Progress Software stock?
The price to earnings (P/E) ratio for Progress Software (PRGS) stock is 35.25 as of July 27, 2024.
Does Progress Software stock pay dividends?
Yes, the Progress Software (PRGS) stock pays dividends to shareholders. As of July 27, 2024, the dividend rate is $0.7 and the yield is 1.22%. Progress Software has a payout ratio of 43.41% on a trailing twelve-month basis.
When is the next Progress Software dividend payment date?
The next Progress Software (PRGS) dividend payment is scheduled for September 16, 2024.
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.
Buy or sell Progress Software stock
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