Market closedNon-fractional

Progress Software/PRGS

13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX

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

PRGS Metrics

BasicAdvanced
$2.4B
Market cap
34.38
P/E ratio
$1.63
EPS
0.93
Beta
$0.70
Dividend rate
1.25%
Dividend yield
$2.4B
0.93
$0.70
1.116
0.996
200.227
202.579
43.41%
4.17%
5.03%
17.86%
34.376
3.428
6
-3.27
11.7
1.25%
9.36%
-11.84%
14.36%
-0.44%
0.48%

What the Analysts think about PRGS

Analyst Ratings

Majority rating from 7 analysts.
Buy

PRGS Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
12.24% profit margin
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
Beat by 9.68%
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%
-
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 $2.4B as of July 23, 2024.

What is the P/E ratio for Progress Software stock?

The price to earnings (P/E) ratio for Progress Software (PRGS) stock is 34.38 as of July 23, 2024.

Does Progress Software stock pay dividends?

Yes, the Progress Software (PRGS) stock pays dividends to shareholders. As of July 23, 2024, the dividend rate is $0.7 and the yield is 1.25%. 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.

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