Progress Software share price today

(PRGS)

Progress Software share price is $68.58 & ₹5,814.42 as on 11 Dec 2024, 2.30 'hrs' IST

$68.58

▲

-0.13

(-0.19%)

Market is closed - opens 8 PM, 11 Dec 2024

View live Progress Software share price in Dollar and Rupees. Guide to invest in Progress Software from India. Also see the sentimental analysis on Indian investors investing in Progress Software. Get details on the Indian mutual funds that are investing in Progress Software. Get Analyst recommendations and forecasts along with all the Progress Software's financials.

Progress Software share price movements

$68.13
$68.83
$68.58
0.66%
Downside
Day's Volatility :1.02%
Upside
0.36%
$48.00
$70.56
$68.58
30.01%
Downside
52 Weeks Volatility :31.97%
Upside
2.8%

Progress Software Returns

Period	Progress Software Corp	Sector (Technology)	Index (Russel 2000)
3 Months	19.95%	10.3%	0.0%
6 Months	35.75%	9.0%	0.0%
1 Year	28.05%	27.4%	0.0%
3 Years	45.85%	37.2%	-20.0%

Progress Software Key Statistics

in dollars & INR

Previous Close	$68.71
Open	$68.5
Today's High	$68.83
Today's Low	$68.13
Market Capitalization	$2.9B
Today's Volume	$308.1K
52 Week High	$70.555
52 Week Low	$48.0
Revenue TTM	$715.4M
EBITDA	$242.9M
Earnings Per Share (EPS)	$1.86
PE Ratio	36.87
Dividend Yield	1.02%
Profit Margin	11.55%
Quarterly Earnings Growth YOY	0.55%
Return On Equity TTM	18.98%

How to invest in Progress Software from India?

It is very easy for Indian residents to invest directly in Progress Software from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Progress Software stock in both rupees (INR) and dollars (USD). Search for Progress Software or PRGS on INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Progress Software or Rupee/ Dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Progress Software shares which would translate to 0.012 fractional shares of Progress Software as of today. Learn more about fractional investing here.

Indians via INDmoney can now also, easily transfer and add their money to the US stocks account via INDmoney App. Click here for step by step process for the same

Indian investors sentiment towards Progress Software

-22%

Period: Sep 11, 2024 to Dec 10, 2024. Change in 30 Days versus previous period

Search volume for Progress Software on INDmoney from India has reduced in the last 30 days as on Dec 11, 2024. -22% less investors are searching Progress Software in the last 30 days versus the previous period.

Global Institutional Holdings in Progress Software

BlackRock Inc
16.55%
Vanguard Group Inc
13.54%
BTIM Corp
4.58%
State Street Corp
4.12%
Dimensional Fund Advisors, Inc.
3.15%
Fuller & Thaler Asset Management Inc
2.83%

Analyst Recommendation on Progress Software

Buy

76%Buy

23%Hold

0%Sell

Based on 13 Wall street analysts offering stock ratings for Progress Software(by analysts ranked 0 to 5 stars)

Based on 13 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Progress Software

What analysts predicted

Upside of 6.86%

Current:

$68.58

Target:

$73.29

Insights on Progress Software

Price Movement
In the last 6 months, PRGS stock has moved up by 36.0%
Increasing Revenue
Revenue is up for the last 2 quarters, 175.07M → 178.68M (in $), with an average increase of 2.0% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, 16.18M → 28.46M (in $), with an average increase of 43.1% per quarter
PRGS vs PLTR (1 yr)
In the last 1 year, Palantir Technologies Inc has given 304.4% return, outperforming this stock by 276.9%
PRGS vs PLTR (3 yr)
In the last 3 years, Palantir Technologies Inc has given 279.5% return, outperforming this stock by 237.8%
Price to Sales
ForPRGS every $1 of sales, investors are willing to pay $4.2, whereas for Palantir Technologies Inc, the investors are paying $59.5 for every $1 of sales.

Progress Software Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$397.2M	↓ 0.1%
Net Income	$63.5M	↑ 69.68%
Net Profit Margin	15.99%	↑ 6.58%

	FY19	Y/Y Change
Revenue	$413.3M	↑ 4.06%
Net Income	$26.4M	↓ 58.42%
Net Profit Margin	6.39%	↓ 9.6%

	FY20	Y/Y Change
Revenue	$442.2M	↑ 6.98%
Net Income	$79.7M	↑ 201.98%
Net Profit Margin	18.03%	↑ 11.64%

	FY21	Y/Y Change
Revenue	$531.3M	↑ 20.17%
Net Income	$78.4M	↓ 1.63%
Net Profit Margin	14.76%	↓ 3.27%

	FY22	Y/Y Change
Revenue	$602.0M	↑ 13.31%
Net Income	$95.1M	↑ 21.23%
Net Profit Margin	15.79%	↑ 1.03%

	FY23	Y/Y Change
Revenue	$694.4M	↑ 15.35%
Net Income	$70.2M	↓ 26.16%
Net Profit Margin	10.11%	↓ 5.68%

	Q2 FY23	Q/Q Change
Revenue	$178.3M	↑ 8.54%
Net Income	$12.1M	↓ 48.93%
Net Profit Margin	6.78%	↓ 7.64%

	Q3 FY23	Q/Q Change
Revenue	$175.0M	↓ 1.83%
Net Income	$19.1M	↑ 57.97%
Net Profit Margin	10.91%	↑ 4.13%

	Q4 FY23	Q/Q Change
Revenue	$177.0M	↑ 1.13%
Net Income	$15.3M	↓ 19.7%
Net Profit Margin	8.67%	↓ 2.24%

	Q1 FY24	Q/Q Change
Revenue	$184.7M	↑ 4.36%
Net Income	$22.6M	↑ 47.63%
Net Profit Margin	12.26%	↑ 3.59%

	Q2 FY24	Q/Q Change
Revenue	$175.1M	↓ 5.2%
Net Income	$16.2M	↓ 28.5%
Net Profit Margin	9.25%	↓ 3.01%

	Q3 FY24	Q/Q Change
Revenue	$178.7M	↑ 2.06%
Net Income	$28.5M	↑ 75.83%
Net Profit Margin	15.93%	↑ 6.68%

	FY18	Y/Y Change
Total Assets	$640.6M	↓ 10.87%
Total Liabilities	$330.5M	↓ 3.53%

	FY19	Y/Y Change
Total Assets	$881.3M	↑ 37.57%
Total Liabilities	$551.0M	↑ 66.7%

	FY20	Y/Y Change
Total Assets	$1.0B	↑ 18.21%
Total Liabilities	$695.8M	↑ 26.28%

	FY21	Y/Y Change
Total Assets	$1.4B	↑ 30.89%
Total Liabilities	$951.0M	↑ 36.69%

	FY22	Y/Y Change
Total Assets	$1.4B	↑ 3.18%
Total Liabilities	$1.0B	↑ 6.51%

	FY23	Y/Y Change
Total Assets	$1.6B	↑ 13.92%
Total Liabilities	$1.1B	↑ 12.84%

	Q2 FY23	Q/Q Change
Total Assets	$1.6B	↓ 2.54%
Total Liabilities	$1.2B	↓ 3.83%

	Q3 FY23	Q/Q Change
Total Assets	$1.6B	↓ 0.28%
Total Liabilities	$1.2B	↓ 2.59%

	Q4 FY23	Q/Q Change
Total Assets	$1.6B	↑ 0.33%
Total Liabilities	$1.1B	↓ 0.81%

	Q1 FY24	Q/Q Change
Total Assets	$1.5B	↓ 3.43%
Total Liabilities	$1.1B	↓ 4.99%

	Q2 FY24	Q/Q Change
Total Assets	$1.6B	↑ 2.49%
Total Liabilities	$1.2B	↑ 9.09%

	Q3 FY24	Q/Q Change
Total Assets	$1.6B	↑ 2.11%
Total Liabilities	$1.2B	↑ 0.81%

	FY18	Y/Y Change
Operating Cash Flow	$121.4M	↑ 14.82%
Investing Cash Flow	$7.6M	↓ 108.65%
Financing Cash Flow	$-146.8M	↑ 60.75%

	FY19	Y/Y Change
Operating Cash Flow	$128.5M	↑ 5.88%
Investing Cash Flow	$-208.4M	↓ 2844.37%
Financing Cash Flow	$128.8M	↓ 187.78%

	FY20	Y/Y Change
Operating Cash Flow	$144.8M	↑ 12.74%
Investing Cash Flow	$-207.3M	↓ 0.52%
Financing Cash Flow	$6.1M	↓ 95.23%

	FY21	Y/Y Change
Operating Cash Flow	$178.5M	↑ 23.25%
Investing Cash Flow	$-258.6M	↑ 24.76%
Financing Cash Flow	$131.5M	↑ 2038.31%

	FY22	Y/Y Change
Operating Cash Flow	$192.2M	↑ 7.63%
Investing Cash Flow	$22.0M	↓ 108.5%
Financing Cash Flow	$-91.7M	↓ 169.74%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$48.0M	↑ 2.53%
Investing Cash Flow	$13.4M	↓ 103.62%
Financing Cash Flow	$-43.5M	↓ 124.7%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$46.0M	↓ 3.98%
Investing Cash Flow	$-366.0K	↓ 102.72%
Financing Cash Flow	$-33.2M	↓ 23.64%

Progress Software Technicals Summary

Sell

Neutral

Buy

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

Progress Software Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Progress Software Corp	0.54%	35.75%	28.05%	45.85%	50.95%
Microsoft Corporation	5.89%	0.35%	18.23%	30.41%	186.43%
Palantir Technologies Inc	19.31%	202.36%	310.69%	290.6%	656.53%
Palo Alto Networks, Inc.	1.24%	26.03%	31.89%	126.03%	432.66%
Adobe Systems Inc.	6.69%	17.04%	-15.06%	-18.24%	69.28%
Oracle Corp.	-1.53%	32.67%	84.74%	84.6%	241.66%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Progress Software Corp	36.92	36.92	6.24	4.82	0.19	0.05	0.01	9.92
Microsoft Corporation	36.1	36.1	2.34	11.8	0.36	0.15	0.01	38.69
Palantir Technologies Inc	349.25	349.25	3.11	0.38	0.12	0.05	NA	1.98
Palo Alto Networks, Inc.	52.34	52.34	2.82	5.57	0.75	0.03	NA	15.9
Adobe Systems Inc.	45.46	45.46	1.74	18.27	0.35	0.16	NA	32.69
Oracle Corp.	48.5	48.5	1.96	5.59	1.56	0.07	0.01	3.9

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Progress Software Corp	Buy	$3.0B	50.95%	36.92	11.55%
Microsoft Corporation	Buy	$3.3T	186.43%	36.1	35.61%
Palantir Technologies Inc	Hold	$159.1B	656.53%	349.25	18.01%
Palo Alto Networks, Inc.	Buy	$132.7B	432.66%	52.34	32.11%
Adobe Systems Inc.	Buy	$236.9B	69.28%	45.46	25.59%
Oracle Corp.	Buy	$521.5B	241.66%	48.5	20.4%

Progress Software Dividend announcements

Progress Software Dividends September, 2024
In the quarter ending September,2024. Progress Software has declared dividend of $0.18
Read More

About Progress Software

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
Employees	2284
CEO	Mr. Yogesh K. Gupta
Industry	Technology Services

Management People of Progress Software

Name	Title
Mr. Yogesh K. Gupta	CEO, President & Director
Mr. Anthony Folger CPA	Executive VP & CFO
Mr. John Ainsworth	Executive VP & GM of Application & Data Platform
Ms. Loren Weinberg Jarrett	Executive VP & GM of Digital Experience
Mr. Sundar Subramanian	Executive VP & GM of Infrastructure Management
Mr. Domenic Lococo	Chief Accounting Officer
Mr. Ian Pitt	Executive VP & Chief Information Officer
Mr. Brian Flanagan	Directory of Treasury & Investor Relations
Ms. YuFan Wang	Executive Vice President, Chief Legal Officer & Secretary
Ms. Jennifer Ortiz	Executive Vice President of Marketing

Important FAQs about investing in Progress Software from India :

What is Progress Software share price today?

Progress Software (PRGS) share price today is $68.58.

Can Indians buy Progress Software shares?

Yes, Indians can invest in the Progress Software (PRGS) from India.

With INDmoney, you can buy Progress Software at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Progress Software at zero transaction cost.

How can I buy Progress Software shares from India?

It is very easy to buy Progress Software from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Progress Software be purchased?

Yes, you can buy fractional shares of Progress Software with INDmoney app.

What are the documents required to start investing in Progress Software stocks?

To start investing in Progress Software, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.