PRGS

Progress Software Corporation [PRGS] Stock Forecast

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In the News

03:18 08 Dec 2022 PRGS

7 Hypergrowth Stocks to Buy and Hold Starting in 2023

When growth companies had access to capital, they were the hypergrowth stocks to buy and hold. Investors could count on their funding growth to fuel their expansion without effort.

02:18 08 Dec 2022 PRGS

Progress Software's (PRGS) Q3 Earnings & Revenues Top Estimates

Progress Software's (PRGS) third-quarter fiscal 2022 results benefit from strong demand for Chef, OpenEdge, DataDirect and Sitefinity solutions.

07:51 08 Dec 2022 PRGS

Progress Software Corporation (PRGS) Q3 2022 Earnings Call Transcript

Progress Software Corporation (NASDAQ:PRGS ) Q3 2022 Earnings Conference Call September 27, 2022 5:00 PM ET Company Participants Michael Micciche - VP, IR Yogesh Gupta - President and CEO Anthony Folger - CFO Conference Call Participants Fatima Boolani - Citi John DiFucci - Guggenheim Ittai Kidron - Oppenheimer Anja Soderstrom - Sidoti Pinjalim Bora - JPMorgan Operator Welcome to the Progress Software Corporation Q3 2022 Earnings Call. My name is Darryl, and I will be your operator for today's call.

06:48 08 Dec 2022 PRGS

Progress Software (PRGS) Surpasses Q3 Earnings and Revenue Estimates

Progress Software (PRGS) delivered earnings and revenue surprises of 3.09% and 3.42%, respectively, for the quarter ended August 2022. Do the numbers hold clues to what lies ahead for the stock?

03:48 08 Dec 2022 PRGS

Progress Software (PRGS) to Post Q3 Earnings: What's in Store?

Progress Software's (PRGS) third-quarter fiscal 2022 results are likely to reflect gains from a strong portfolio and solid contribution from Kemp.

12:47 08 Dec 2022 PRGS

Progress Software (PRGS), Microsoft Team Up for India Expansion

Progress Software (PRGS) inks an agreement with Microsoft to extend the coverage of the Chef DevSecOps portfolio to India.

08:30 08 Dec 2022 PRGS

Progress Software to Report Third Quarter Financial Results on September 27, 2022

BURLINGTON, Mass., Sept. 14, 2022 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced that it will release financial results for its fiscal third quarter after the market close on Tuesday, September 27, 2022. The company's fiscal third quarter ended on August 31, 2022.

01:32 08 Dec 2022 PRGS

Can Progress Software (PRGS) Keep the Earnings Surprise Streak Alive?

Progress Software (PRGS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

04:54 08 Dec 2022 PRGS

Progress Software: Fairly Valued Software Player

Progress Software Corporation provides software products to develop, deploy and manage business applications. I am not completely convinced by the competitive strengths of Progress Software products.

01:55 08 Dec 2022 PRGS

Progress Software (PRGS) Q2 Earnings & Revenues Top Estimates

Progress Software's (PRGS) second-quarter fiscal 2022 results benefit from momentum in core products, namely, DataDirect and DevTools.

PRGS Financial details

Company Rating
Strong Buy
Market Cap
2.32B
Income
86.29M
Revenue
585.01M
Book val./share
8.49
Cash/share
5.2
Dividend
0.7
Dividend %
1.36%
Employees
2.1K
Optionable
No
Shortable
Yes
Earnings
16 Jan 2023
P/E
24.1
Forward P/E
18.93
PEG
21.45
P/S
3.81
P/B
6.07
P/C
10.01
P/FCF
11.67
Quick Ratio
1.2
Current Ratio
1.3
Debt / Equity
1.72
LT Debt / Equity
1.72
-
-
EPS (TTM)
1.98
EPS next Y
2.75
EPS next Q
0.62
EPS this Y
0.56%
EPS next Y
38.64%
EPS next 5Y
38.64%
EPS last 5Y
18.07%
Revenue last 5Y
5.97%
Revenue Q/Q
1.66%
EPS Q/Q
-25.37%
-
-
-
-
SMA20
6%
SMA50
26.19%
SMA100
17.78%
Inst Own
99.84%
Inst Trans
0.07%
ROA
6%
ROE
23%
ROC
0.11%
Gross Margin
84%
Oper. Margin
21%
Profit Margin
15%
Payout
35%
Shs Outstand
43M
Shs Float
42.47M
-
-
-
-
Target Price
52
52W Range
40.33-54.23
52W High
-3.59%
52W Low
+30.15%
RSI
53
Rel Volume
0.24
Avg Volume
296.48K
Volume
72.49K
Perf Week
-2.36%
Perf Month
4.92%
Perf Quarter
9.48%
Perf Half Y
4.22%
-
-
-
-
Beta
1.04643
-
-
Volatility
0.97%, 1.27%
Prev Close
0.95%
Price
52.06
Change
0.17%

PRGS Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2021-11-30

Metric History 2017-11-302018-11-302019-11-302020-11-30 2021-11-30
Revenue per share
8.268.729.239.8512.1
Net income per share
0.781.390.591.781.79
Operating cash flow per share
2.22.662.873.234.07
Free cash flow per share
2.132.52.783.083.96
Cash per share
3.813.063.882.363.58
Book value per share
7.816.817.377.719.39
Tangible book value per share
-0.7-1.4-4.51-7.99-12.43
Share holders equity per share
7.816.817.377.719.39
Interest debt per share
2.632.666.89.5113.92
Market cap
2.05B1.6B1.86B2B2.14B
Enterprise value
2.04B1.61B2B2.32B2.57B
P/E ratio
54.7625.1770.3425.1127.25
Price to sales ratio
5.154.024.494.534.02
POCF ratio
19.3913.1714.4513.8211.97
PFCF ratio
20.031414.9214.4712.29
P/B Ratio
5.455.155.625.795.18
PTB ratio
5.455.155.625.795.18
EV to sales
5.124.054.835.254.84
Enterprise value over EBITDA
14.7511.5415.3715.1114.27
EV to operating cash flow
19.2813.2615.5516.0214.41
EV to free cash flow
19.9114.116.0516.7714.8
Earnings yield
0.020.040.010.040.04
Free cash flow yield
0.050.070.070.070.08
Debt to equity
0.310.360.861.131.35
Debt to assets
0.480.520.630.670.7
Net debt to EBITDA
-0.080.081.082.072.42
Current ratio
1.271.171.180.911.05
Interest coverage
15.2516.74.0410.595.79
Income quality
2.821.914.871.822.28
Dividend Yield
0.010.020.010.010.01
Payout ratio
0.640.411.050.380.4
Sales general and administrative to revenue
0.120.130.130.120.12
Research and developement to revenue
0.190.20.210.20.19
Intangibles to total assets
0.570.580.60.680.7
Capex to operating cash flow
-0.03-0.06-0.03-0.04-0.03
Capex to revenue
-0.01-0.02-0.01-0.01-0.01
Capex to depreciation
-0.08-0.16-0.07-0.19-0.09
Stock based compensation to revenue
0.040.050.060.050.06
Graham number
11.6914.619.8917.5519.43
ROIC
0.140.190.060.140.11
Return on tangible assets
0.120.240.080.240.19
Graham Net
-2.35-3.23-7.02-11.32-15.93
Working capital
55.39M32.8M43.78M-23.61M14.88M
Tangible asset value
-33.85M-63.83M-201.93M-358.46M-545.85M
Net current asset value
-79.23M-101.71M-266.32M-456.83M-613.24M
Invested capital
0.320.370.891.21.43
Average receivables
85.08M83.7M96.33M108.96M117.29M
Average payables
9.49M10.29M10.29M9.98M9.83M
Average inventory
00000
Days sales outstanding
56.253.7273.9289.9586.31
Days payables outstanding
47.557.7351.4458.6345.05
Days of inventory on hand
00000
Receivables turnover
6.56.794.944.064.23
Payables turnover
7.686.327.16.238.1
Inventory turnover
00000
ROE
0.10.20.080.230.19
Capex per share
-0.07-0.16-0.09-0.15-0.11

Quarterly Fundamentals Overview

Last date of statement is 2022-08-31 for Q3

Metric History 2021-08-312021-11-302022-02-282022-05-31 2022-08-31
Revenue per share
3.373.193.33.413.5
Net income per share
0.710.340.470.670.5
Operating cash flow per share
0.8111.570.92
Free cash flow per share
0.790.960.981.540.89
Cash per share
8.773.583.945.185.2
Book value per share
9.079.388.378.548.49
Tangible book value per share
-6.26-12.41-13.1-12.7-12.48
Share holders equity per share
9.079.388.378.548.49
Interest debt per share
13.7213.5914.8714.9314.98
Market cap
2.04B2.13B1.94B2.11B2.08B
Enterprise value
2.25B2.57B2.42B2.53B2.5B
P/E ratio
16.4435.6923.718.0823.85
Price to sales ratio
13.8215.213.3814.1513.75
POCF ratio
57.8548.543.9730.8452.43
PFCF ratio
58.8950.7144.8131.3753.93
P/B Ratio
5.145.175.265.665.67
PTB ratio
5.145.175.265.665.67
EV to sales
15.2718.3216.6816.9916.52
Enterprise value over EBITDA
37.0460.6448.2249.2248.76
EV to operating cash flow
63.9258.4254.8337.0262.99
EV to free cash flow
65.0761.0855.8837.6664.8
Earnings yield
0.020.010.010.010.01
Free cash flow yield
0.020.020.020.030.02
Debt to equity
1.421.351.731.71.72
Debt to assets
0.690.70.730.730.73
Net debt to EBITDA
3.5210.39.558.228.18
Current ratio
1.871.051.211.251.3
Interest coverage
7.073.177.9511.017.99
Income quality
1.142.942.162.341.82
Dividend Yield
00000
Payout ratio
0.250.550.380.270.36
Sales general and administrative to revenue
0.110.130.120.130.13
Research and developement to revenue
0.170.190.20.190.19
Intangibles to total assets
0.530.70.70.680.67
Capex to operating cash flow
-0.02-0.04-0.02-0.02-0.03
Capex to revenue
0-0.01-0.01-0.01-0.01
Capex to depreciation
-0.05-0.13-0.04-0.06-0.06
Stock based compensation to revenue
0.050.060.060.060.06
Graham number
12.028.469.3611.339.82
ROIC
0.050.020.030.040.03
Return on tangible assets
0.050.040.050.070.05
Graham Net
-9.5-15.91-16.51-15.68-15.55
Working capital
237.29M14.88M58.89M71.64M84.75M
Tangible asset value
-273.83M-545.85M-576M-553.28M-539.36M
Net current asset value
-369.82M-613.24M-642.17M-626.57M-614.89M
Invested capital
1.51.431.771.741.75
Average receivables
101.49M111.55M105.56M97.47M103.79M
Average payables
8.29M9.8M8.98M9.92M8.82M
Average inventory
00000
Days sales outstanding
64.4280.6970.5858.9765.53
Days payables outstanding
29.941.3431.1837.2629.19
Days of inventory on hand
00000
Receivables turnover
1.41.121.281.531.37
Payables turnover
3.012.182.892.423.08
Inventory turnover
00000
ROE
0.080.040.060.080.06
Capex per share
-0.01-0.04-0.02-0.03-0.03

PRGS Frequently Asked Questions

What is Progress Software Corporation stock symbol ?

Progress Software Corporation is a US stock , located in Bedford of Massachusetts and trading under the symbol PRGS

Is Progress Software Corporation buy or a sell ?

1 stock analysts have 1 predictions with a medium analyst target price of $52. The lowest prediction is $52 and the highest is $52

What is PRGS stock prediction ?

What is Progress Software Corporation stock quote today ?

Progress Software Corporation stock price is $52.06 today.

Is Progress Software Corporation stock public?

Yes, Progress Software Corporation is a publicly traded company.

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