Progress Software Corp (PRGS)

$50.735

-0.9

(-1.73%)▲

Live

Insights on Progress Software Corp

  • Increasing Revenue

    Revenue is up for the last 3 quarters, 174.99M → 184.68M (in $), with an average increase of 2.7% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, 15.33M → 22.63M (in $), with an average increase of 32.3% per quarter

  • Vs PANW

    In the last 1 year, Palo Alto Networks, Inc. has given 60.9% return, outperforming this stock by 66.7%

Performance

  • $50.62
    $51.27
    $50.74
    downward going graph

    0.24%

    Downside

    Day's Volatility :1.27%

    Upside

    1.03%

    downward going graph
  • $48.38
    $61.17
    $50.74
    downward going graph

    4.65%

    Downside

    52 Weeks Volatility :20.91%

    Upside

    17.05%

    downward going graph

Returns

PeriodProgress Software CorpSector (Technology)Index (Russel 2000)
3 Months
-12.4%
-3.0%
0.0%
6 Months
3.14%
21.3%
0.0%
1 Year
-5.8%
37.5%
1.3%
3 Years
13.52%
38.8%
-22.1%

Highlights

Market Capitalization
2.2B
Book Value
$10.57
Dividend Share
0.7
Dividend Yield
1.36%
Earnings Per Share (EPS)
1.55
PE Ratio
33.18
PEG Ratio
5.42
Wall Street Target Price
63.67
Profit Margin
9.67%
Operating Margin TTM
21.14%
Return On Assets TTM
4.99%
Return On Equity TTM
15.81%
Revenue TTM
714.9M
Revenue Per Share TTM
16.4
Quarterly Revenue Growth YOY
12.5%
Gross Profit TTM
529.6M
EBITDA
236.0M
Diluted Eps TTM
1.55
Quarterly Earnings Growth YOY
-0.04
EPS Estimate Current Year
4.69
EPS Estimate Next Year
5.01
EPS Estimate Current Quarter
1.14
EPS Estimate Next Quarter
0.0

Analyst Recommendation

Buy
    75%Buy
    25%Hold
    0
    0%Sell
Based on 12 Wall street analysts offering stock ratings for Progress Software Corp(by analysts ranked 0 to 5 stars)
Based on 12 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
9
9
10
Hold
3
3
3
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 25.5%

Current $50.74
Target $63.67

Company Financials

FY18Y/Y Change
Revenue
397.2M
↓ 0.1%
Net Income
63.5M
↑ 69.68%
Net Profit Margin
15.99%
↑ 6.58%
FY19Y/Y Change
Revenue
413.3M
↑ 4.06%
Net Income
26.4M
↓ 58.42%
Net Profit Margin
6.39%
↓ 9.6%
FY20Y/Y Change
Revenue
442.2M
↑ 6.98%
Net Income
79.7M
↑ 201.98%
Net Profit Margin
18.03%
↑ 11.64%
FY21Y/Y Change
Revenue
531.3M
↑ 20.17%
Net Income
78.4M
↓ 1.63%
Net Profit Margin
14.76%
↓ 3.27%
FY22Y/Y Change
Revenue
602.0M
↑ 13.31%
Net Income
95.1M
↑ 21.23%
Net Profit Margin
15.79%
↑ 1.03%
FY23Y/Y Change
Revenue
694.4M
↑ 15.35%
Net Income
70.2M
↓ 26.16%
Net Profit Margin
10.11%
↓ 5.68%
Q4 FY22Q/Q Change
Revenue
157.1M
↑ 3.91%
Net Income
23.7M
↑ 8.77%
Net Profit Margin
15.09%
↑ 0.68%
Q1 FY23Q/Q Change
Revenue
164.2M
↑ 4.52%
Net Income
23.7M
↓ 0.14%
Net Profit Margin
14.42%
↓ 0.67%
Q2 FY23Q/Q Change
Revenue
178.3M
↑ 8.54%
Net Income
12.1M
↓ 48.93%
Net Profit Margin
6.78%
↓ 7.64%
Q3 FY23Q/Q Change
Revenue
175.0M
↓ 1.83%
Net Income
19.1M
↑ 57.97%
Net Profit Margin
10.91%
↑ 4.13%
Q4 FY23Q/Q Change
Revenue
177.0M
↑ 1.13%
Net Income
15.3M
↓ 19.7%
Net Profit Margin
8.67%
↓ 2.24%
Q1 FY24Q/Q Change
Revenue
184.7M
↑ 4.36%
Net Income
22.6M
↑ 47.63%
Net Profit Margin
12.26%
↑ 3.59%
FY18Y/Y Change
Total Assets
640.6M
↓ 10.87%
Total Liabilities
330.5M
↓ 3.53%
FY19Y/Y Change
Total Assets
881.3M
↑ 37.57%
Total Liabilities
551.0M
↑ 66.7%
FY20Y/Y Change
Total Assets
1.0B
↑ 18.21%
Total Liabilities
695.8M
↑ 26.28%
FY21Y/Y Change
Total Assets
1.4B
↑ 30.89%
Total Liabilities
951.0M
↑ 36.69%
FY22Y/Y Change
Total Assets
1.4B
↑ 3.18%
Total Liabilities
1.0B
↑ 6.51%
FY23Y/Y Change
Total Assets
1.6B
↑ 13.92%
Total Liabilities
1.1B
↑ 12.84%
Q4 FY22Q/Q Change
Total Assets
1.4B
↑ 4.51%
Total Liabilities
1.0B
↑ 3.44%
Q1 FY23Q/Q Change
Total Assets
1.6B
↑ 16.82%
Total Liabilities
1.2B
↑ 21.44%
Q2 FY23Q/Q Change
Total Assets
1.6B
↓ 2.54%
Total Liabilities
1.2B
↓ 3.83%
Q3 FY23Q/Q Change
Total Assets
1.6B
↓ 0.28%
Total Liabilities
1.2B
↓ 2.59%
Q4 FY23Q/Q Change
Total Assets
1.6B
↑ 0.33%
Total Liabilities
1.1B
↓ 0.81%
Q1 FY24Q/Q Change
Total Assets
1.5B
↓ 3.43%
Total Liabilities
1.1B
↓ 4.99%
FY18Y/Y Change
Operating Cash Flow
121.4M
↑ 14.82%
Investing Cash Flow
7.6M
↓ 108.65%
Financing Cash Flow
-146.8M
↑ 60.75%
FY19Y/Y Change
Operating Cash Flow
128.5M
↑ 5.88%
Investing Cash Flow
-208.4M
↓ 2844.37%
Financing Cash Flow
128.8M
↓ 187.78%
FY20Y/Y Change
Operating Cash Flow
144.8M
↑ 12.74%
Investing Cash Flow
-207.3M
↓ 0.52%
Financing Cash Flow
6.1M
↓ 95.23%
FY21Y/Y Change
Operating Cash Flow
178.5M
↑ 23.25%
Investing Cash Flow
-258.6M
↑ 24.76%
Financing Cash Flow
131.5M
↑ 2038.31%
FY22Y/Y Change
Operating Cash Flow
192.2M
↑ 7.63%
Investing Cash Flow
22.0M
↓ 108.5%
Financing Cash Flow
-91.7M
↓ 169.74%
Q4 FY22Q/Q Change
Operating Cash Flow
40.1M
↑ 1.18%
Investing Cash Flow
-2.3M
↑ 103.61%
Financing Cash Flow
-10.2M
↓ 74.16%
Q1 FY23Q/Q Change
Operating Cash Flow
46.8M
↑ 16.52%
Investing Cash Flow
-371.1M
↑ 16362.64%
Financing Cash Flow
176.1M
↓ 1820.44%
Q2 FY23Q/Q Change
Operating Cash Flow
48.0M
↑ 2.53%
Investing Cash Flow
13.4M
↓ 103.62%
Financing Cash Flow
-43.5M
↓ 124.7%
Q3 FY23Q/Q Change
Operating Cash Flow
46.0M
↓ 3.98%
Investing Cash Flow
-366.0K
↓ 102.72%
Financing Cash Flow
-33.2M
↓ 23.64%

Technicals Summary

Sell

Neutral

Buy

Progress Software Corp is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Progress Software Corp
Progress Software Corp
-2.14%
3.14%
-5.8%
13.52%
13.52%
Microsoft Corporation
Microsoft Corporation
-3.26%
20.08%
48.52%
56.4%
216.73%
Palo Alto Networks, Inc.
Palo Alto Networks, Inc.
3.07%
20.03%
60.94%
143.85%
259.11%
Adobe Systems Inc.
Adobe Systems Inc.
-5.94%
-8.45%
29.09%
-7.48%
71.84%
Oracle Corp.
Oracle Corp.
-8.52%
13.71%
22.62%
54.82%
109.67%
Synopsys Inc.
Synopsys Inc.
-9.72%
15.87%
44.71%
105.36%
340.7%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Progress Software Corp
Progress Software Corp
33.18
33.18
5.42
4.69
0.16
0.05
0.01
10.57
Microsoft Corporation
Microsoft Corporation
36.25
36.25
2.02
11.64
0.39
0.15
0.01
32.06
Palo Alto Networks, Inc.
Palo Alto Networks, Inc.
45.43
45.43
1.12
5.5
0.9
0.03
NA
13.5
Adobe Systems Inc.
Adobe Systems Inc.
45.25
45.25
1.76
16.92
0.32
0.16
NA
34.13
Oracle Corp.
Oracle Corp.
30.37
30.37
1.02
5.24
0.5
0.07
0.01
2.05
Synopsys Inc.
Synopsys Inc.
58.16
58.16
2.6
13.42
0.23
0.09
NA
43.73
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Progress Software Corp
Progress Software Corp
Buy
$2.2B
13.52%
33.18
9.67%
Microsoft Corporation
Microsoft Corporation
Buy
$3.0T
216.73%
36.25
36.27%
Palo Alto Networks, Inc.
Palo Alto Networks, Inc.
Buy
$94.8B
259.11%
45.43
30.24%
Adobe Systems Inc.
Adobe Systems Inc.
Buy
$211.9B
71.84%
45.25
24.08%
Oracle Corp.
Oracle Corp.
Buy
$316.3B
109.67%
30.37
20.27%
Synopsys Inc.
Synopsys Inc.
Buy
$80.5B
340.7%
58.16
22.96%

Institutional Holdings

  • BlackRock Inc

    16.67%

  • Vanguard Group Inc

    12.81%

  • BTIM Corp

    3.94%

  • State Street Corporation

    3.87%

  • Morgan Stanley - Brokerage Accounts

    3.49%

  • Dimensional Fund Advisors, Inc.

    3.15%

Corporate Announcements

  • Progress Software Corp Dividends March,2024

    In the quarter ending March,2024. Progress Software Corp has declared dividend of $0.18

    Read More

Company Information

progress software corporation (nasdaq: prgs) is a global software company that simplifies the development, deployment and management of business applications on-premise or on any cloud, on any platform and on any device with minimal it complexity and low total cost of ownership. over 400,000 end-user customers globally run on progress openedge-based applications, and more than 1,400 isvs around the world are powered by progress software. global headquarters 14 oak park drive bedford, ma 01730 usa +781-280-4000

Organization
Progress Software Corp
Employees
2284
CEO
Mr. Yogesh K. Gupta
Industry
Technology Services

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