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Progress Software/PRGS
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX
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
Trading on
Industry
Software
Headquarters
Employees
2,284
Website
PRGS Metrics
BasicAdvanced
$2.8B
Market cap
34.93
P/E ratio
$1.86
EPS
0.92
Beta
$0.70
Dividend rate
1.08%
Dividend yield
Price and volume
Market cap
$2.8B
Beta
0.92
52-week high
$66.50
52-week low
$48.00
Average daily volume
726K
Dividend rate
$0.70
Financial strength
Current ratio
1.234
Quick ratio
1.129
Long term debt to equity
188.876
Total debt to equity
190.961
Dividend payout ratio (TTM)
38.36%
Interest coverage (TTM)
4.82%
Management effectiveness
Return on assets (TTM)
5.44%
Return on equity (TTM)
18.98%
Valuation
Price to earnings (TTM)
34.926
Price to revenue (TTM)
3.937
Price to book
6.54
Price to tangible book (TTM)
-4.02
Price to free cash flow (TTM)
12.788
Dividend yield (TTM)
1.08%
Forward dividend yield
1.08%
Growth
Revenue change (TTM)
6.05%
Earnings per share change (TTM)
5.04%
3-year revenue growth (CAGR)
11.68%
3-year earnings per share growth (CAGR)
0.72%
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
Progress AI-Powered Flowmon Introduces Up to 10x Search Acceleration for Faster Cyberthreat Hunting and Network Troubleshooting
GlobeNewsWire·1 week ago
Progress Announces Winners of the 2024 OpenEdge North America Partner Awards
GlobeNewsWire·3 weeks ago
Progress Software Q3 Earnings: This Stock Is Ready To Move Higher
Seeking Alpha·1 month ago
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FAQs
What’s the current market cap for Progress Software stock?
Progress Software (PRGS) has a market cap of $2.8B as of October 26, 2024.
What is the P/E ratio for Progress Software stock?
The price to earnings (P/E) ratio for Progress Software (PRGS) stock is 34.93 as of October 26, 2024.
Does Progress Software stock pay dividends?
Yes, the Progress Software (PRGS) stock pays dividends to shareholders. As of October 26, 2024, the dividend rate is $0.7 and the yield is 1.08%. Progress Software has a payout ratio of 38.36% 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 0.92. 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.