Logo image of PRGS

PROGRESS SOFTWARE CORP (PRGS) Stock Price, Quote, News and Overview

NASDAQ:PRGS - Nasdaq - US7433121008 - Common Stock - Currency: USD

55.1  -1.46 (-2.58%)

After market: 55.1 0 (0%)

PRGS Quote, Performance and Key Statistics

PROGRESS SOFTWARE CORP

NASDAQ:PRGS (2/21/2025, 8:00:01 PM)

After market: 55.1 0 (0%)

55.1

-1.46 (-2.58%)

Sector
GICS SectorInformation Technology
GICS IndustrySoftware
GICS IndustryGroupSoftware & Services
GICS SubIndustrySystems Software
Statistics
52 Week High70.56
52 Week Low48
Market Cap2.39B
Shares43.37M
Float42.65M
Yearly Dividend0.72
Dividend Yield1.24%
PE11.18
Fwd PE10.68
Earnings (Next)03-24 2025-03-24/amc
IPO07-30 1991-07-30


PRGS short term performance overview.The bars show the price performance of PRGS in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 -5 -10 -15 -20

PRGS long term performance overview.The bars show the price performance of PRGS in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 5 10 15 20

The current stock price of PRGS is 55.1 USD. In the past month the price increased by 1.81%. In the past year, price decreased by -2.46%.

PROGRESS SOFTWARE CORP / PRGS Daily stock chart

PRGS Competitors/Peers

The largest stocks on the US markets in the "Systems Software" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
MSFT MICROSOFT CORP 32.87 3034.62B
ORCL ORACLE CORP 28.44 469.36B
NOW SERVICENOW INC 67.37 193.31B
PANW PALO ALTO NETWORKS INC 63.47 125.35B
CRWD CROWDSTRIKE HOLDINGS INC - A 105.63 100.17B
FTNT FORTINET INC 46.42 84.32B
ZS ZSCALER INC 60.35 30.47B
CHKP CHECK POINT SOFTWARE TECH 23.67 23.84B
CYBR CYBERARK SOFTWARE LTD/ISRAEL 126.5 18.89B
GEN GEN DIGITAL INC 12.52 16.67B
MNDY MONDAY.COM LTD 86.39 15.01B
GTLB GITLAB INC-CL A 114.5 10.41B

About PRGS

Company Profile

PRGS logo image Progress Software Corp. engages in the provision of products that develop and deploy mission-critical business applications. The company is headquartered in Burlington, Massachusetts and currently employs 2,284 full-time employees. The firm provides software that enables organizations to develop and deploy their applications, as well as manage their data platforms, cloud and information technology infrastructure. Its global professional services organization delivers business solutions for customers through a combination of products, consulting and education. The firm's consulting organization offers project management, implementation services, custom software development, programming and other services. Its services include application modernization, infrastructure automation, development operations, data management and managed database services, performance enhancements and tuning, and analytics/business intelligence. Its products include OpenEdge, Chef, Kemp LoadMaster, MOVEit, DataDirect, WhatsUp Gold, Sitefinity, MarkLogic and Semaphore. Semaphore is a semantic artificial intelligence platform.

Company Info

PROGRESS SOFTWARE CORP

15 Wayside Road, Suite 400

Burlington MASSACHUSETTS 01730 US

CEO: Yogesh Gupta

Employees: 2284

Company Website: https://www.progress.com/

Investor Relations: https://investors.progress.com/

Phone: 17812804473

PROGRESS SOFTWARE CORP / PRGS FAQ

What is the stock price of PROGRESS SOFTWARE CORP today?

The current stock price of PRGS is 55.1 USD. The price decreased by -2.58% in the last trading session.


What is the ticker symbol for PROGRESS SOFTWARE CORP stock?

The exchange symbol of PROGRESS SOFTWARE CORP is PRGS and it is listed on the Nasdaq exchange.


On which exchange is PRGS stock listed?

PRGS stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for PROGRESS SOFTWARE CORP stock?

13 analysts have analysed PRGS and the average price target is 76.16 USD. This implies a price increase of 38.22% is expected in the next year compared to the current price of 55.1. Check the PROGRESS SOFTWARE CORP stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is PROGRESS SOFTWARE CORP worth?

PROGRESS SOFTWARE CORP (PRGS) has a market capitalization of 2.39B USD. This makes PRGS a Mid Cap stock.


How many employees does PROGRESS SOFTWARE CORP have?

PROGRESS SOFTWARE CORP (PRGS) currently has 2284 employees.


What are the support and resistance levels for PROGRESS SOFTWARE CORP (PRGS) stock?

PROGRESS SOFTWARE CORP (PRGS) has a support level at 53.61 and a resistance level at 56.7. Check the full technical report for a detailed analysis of PRGS support and resistance levels.


Is PROGRESS SOFTWARE CORP (PRGS) expected to grow?

The Revenue of PROGRESS SOFTWARE CORP (PRGS) is expected to grow by 28.64% in the next year. Check the estimates tab for more information on the PRGS EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy PROGRESS SOFTWARE CORP (PRGS) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does PROGRESS SOFTWARE CORP (PRGS) stock pay dividends?

PROGRESS SOFTWARE CORP (PRGS) has a dividend yield of 1.24%. The yearly dividend amount is currently 0.72. Check the full fundamental report for a detailed analysis of PRGS dividend history, reliability and sustainability.


When does PROGRESS SOFTWARE CORP (PRGS) report earnings?

PROGRESS SOFTWARE CORP (PRGS) will report earnings on 2025-03-24, after the market close.


What is the Price/Earnings (PE) ratio of PROGRESS SOFTWARE CORP (PRGS)?

The PE ratio for PROGRESS SOFTWARE CORP (PRGS) is 11.18. This is based on the reported non-GAAP earnings per share of 4.93 and the current share price of 55.1 USD. Check the full fundamental report for a full analysis of the valuation metrics for PRGS.


What is the Short Interest ratio of PROGRESS SOFTWARE CORP (PRGS) stock?

The outstanding short interest for PROGRESS SOFTWARE CORP (PRGS) is 13.16% of its float. Check the ownership tab for more information on the PRGS short interest.


PRGS Technical Analysis

ChartMill assigns a technical rating of 1 / 10 to PRGS. When comparing the yearly performance of all stocks, PRGS is a bad performer in the overall market: 78.5% of all stocks are doing better.


Chartmill TA Rating
Chartmill Setup Rating

PRGS Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to PRGS. While PRGS belongs to the best of the industry regarding profitability, there are concerns on its financial health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

PRGS Financial Highlights

Over the last trailing twelve months PRGS reported a non-GAAP Earnings per Share(EPS) of 4.93. The EPS increased by 13.33% compared to the year before.


Industry RankSector Rank
PM (TTM) 9.08%
ROA 2.71%
ROE 15.6%
Debt/Equity 3.48
Chartmill High Growth Momentum
EPS Q2Q%30.39%
Sales Q2Q%21.47%
EPS 1Y (TTM)13.33%
Revenue 1Y (TTM)8.49%

PRGS Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 83% to PRGS. The Buy consensus is the average rating of analysts ratings from 13 analysts.

For the next year, analysts expect an EPS growth of 4.65% and a revenue growth 28.64% for PRGS


Ownership
Inst Owners117.32%
Ins Owners1.55%
Short Float %13.16%
Short Ratio8.13
Analysts
Analysts83.08
Price Target76.16 (38.22%)
EPS Next Y4.65%
Revenue Next Year28.64%