PRGS

Progress Software Corporation [PRGS] Stock Forecast

Q: What is Progress Software Corporation stock symbol ?

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

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PRGS Stock Summary

Earnings have grown 15.35% per last year.

Earnings are expected to fall -100% next year

Unstable dividend track record

PRGS has less than 1 year of cash runway

Debt-to-Equity ratio of 1.52 is considered moderate, deeper research suggested.

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PRGS Financial details

Company Rating

Strong Buy

Market Cap

2.2B

Income

69.16M

Revenue

714.9M

Book val./share

10.54

Cash/share

3.04

Dividend

0.7

Dividend %

1.33%

Employees

2.28K

Optionable

Shortable

Yes

Earnings

27 Jun 2024

P/E

29.13

Forward P/E

PEG

-10.63

P/S

3.4

P/B

5.14

P/C

16.49

P/FCF

13.13

Quick Ratio

0.83

Current Ratio

0.93

Debt / Equity

1.52

LT Debt / Equity

1.5

EPS (TTM)

1.59

EPS next Y

EPS next Q

EPS this Y

-26.03%

EPS next Y

EPS next 5Y

EPS last 5Y

22.39%

Revenue last 5Y

10.94%

Revenue Q/Q

4.36%

EPS Q/Q

48.57%

SMA20

-3.77%

SMA50

-10.53%

SMA100

-5.56%

Inst Own

87.27%

Inst Trans

0.84%

ROA

ROE

19%

ROC

0.1%

Gross Margin

83%

Oper. Margin

19%

Profit Margin

12%

Payout

40%

Shs Outstand

Shs Float

Target Price

52W Range

49.02-62.34

52W High

-19.13%

52W Low

+2.33%

RSI

Rel Volume

0.32

Avg Volume

640.69K

Volume

207.43K

Perf Week

-2.96%

Perf Month

-6.96%

Perf Quarter

-0.79%

Perf Half Y

-5.73%

Beta

0.942

Volatility

0.33%, 1.19%

Prev Close

-0.1%

Price

50.14

Change

-0.95%

PRGS Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-11-30

Metric	2019-11-30	2020-11-30	2021-11-30	2022-11-30	2023-11-30
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	9.23	9.85	12.1	13.85	15.98
Net income per share	0.59	1.78	1.79	2.19	1.62
Operating cash flow per share	2.87	3.23	4.07	4.42	4
Free cash flow per share	2.78	3.08	3.96	4.28	3.87
Cash per share	3.88	2.36	3.58	11.79	2.92
Book value per share	7.37	7.71	9.39	9.06	10.58
Tangible book value per share	-4.51	-7.99	-12.43	-11.37	-16.72
Share holders equity per share	7.37	7.71	9.39	9.06	10.58
Interest debt per share	6.8	9.51	13.92	15.1	17.9
Market cap	1.88B	1.8B	2.13B	2.32B	2.34B
Enterprise value	2.02B	2.12B	2.56B	2.7B	2.96B
P/E ratio	71.28	22.58	27.13	24.38	33.34
Price to sales ratio	4.55	4.07	4	3.85	3.37
POCF ratio	14.65	12.43	11.92	12.06	13.46
PFCF ratio	15.12	13.01	12.24	12.46	13.9
P/B Ratio	5.7	5.2	5.16	5.88	5.09
PTB ratio	5.7	5.2	5.16	5.88	5.09
EV to sales	4.89	4.79	4.83	4.49	4.26
Enterprise value over EBITDA	12.57	13.11	12.94	13.62	12.57
EV to operating cash flow	15.74	14.63	14.36	14.06	17.02
EV to free cash flow	16.24	15.31	14.74	14.52	17.59
Earnings yield	0.01	0.04	0.04	0.04	0.03
Free cash flow yield	0.07	0.08	0.08	0.08	0.07
Debt to equity	0.89	1.2	1.43	1.63	1.63
Debt to assets	0.33	0.4	0.43	0.46	0.47
Net debt to EBITDA	0.87	1.97	2.2	1.94	2.63
Current ratio	1.18	0.91	1.05	1.33	0.94
Interest coverage	10.52	10.59	5.79	8.37	3.59
Income quality	4.87	1.82	2.28	2.02	2.48
Dividend Yield	0.01	0.02	0.01	0.01	0.01
Payout ratio	1.05	0.38	0.4	0.33	0.45
Sales general and administrative to revenue	0.13	0.12	0.12	0.13	0.31
Research and developement to revenue	0.21	0.2	0.19	0.19	0.19
Intangibles to total assets	0.6	0.68	0.7	0.63	0.74
Capex to operating cash flow	-0.03	-0.04	-0.03	-0.03	-0.03
Capex to revenue	-0.01	-0.01	-0.01	-0.01	-0.01
Capex to depreciation	-0.07	-0.19	-0.08	-0.08	-0.05
Stock based compensation to revenue	0.06	0.05	0.06	0.06	0.06
Graham number	9.89	17.55	19.43	21.12	19.61
ROIC	0.15	0.11	0.09	0.1	0.08
Return on tangible assets	0.08	0.24	0.19	0.18	0.17
Graham Net	-7.02	-11.32	-15.75	-9.26	-20.69
Working capital	43.78M	-23.61M	14.88M	103.53M	-21.33M
Tangible asset value	-201.93M	-358.46M	-545.85M	-494.4M	-726.66M
Net current asset value	-266.32M	-456.83M	-613.24M	-591.44M	-812.28M
Invested capital	0.89	1.2	1.43	1.63	1.63
Average receivables	71.08M	96.33M	117.29M	126.31M	141.39M
Average payables	64.84M	41.33M	47.1M	80.42M	44.5M
Average inventory	2.89M	0	7.63M	10.15M	2.52M
Days sales outstanding	73.92	89.95	86.31	77	81.88
Days payables outstanding	352.55	58.63	391.83	295.99	35.67
Days of inventory on hand	0	0	70.98	19.48	0
Receivables turnover	4.94	4.06	4.23	4.74	4.46
Payables turnover	1.04	6.23	0.93	1.23	10.23
Inventory turnover	0	0	5.14	18.74	0
ROE	0.08	0.23	0.19	0.24	0.15
Capex per share	-0.09	-0.15	-0.11	-0.14	-0.13

Quarterly Fundamentals Overview

Last date of statement is 2024-02-29 for Q1

Metric	2023-02-28	2023-05-31	2023-08-31	2023-11-30	2024-02-29
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	3.79	4.11	4.03	4.05	4.22
Net income per share	0.55	0.28	0.44	0.35	0.52
Operating cash flow per share	1.08	1.11	1.06	0.76	1.57
Free cash flow per share	1.07	1.07	1.03	0.7	1.57
Cash per share	2.84	2.9	3.18	2.9	3.04
Book value per share	9.55	9.66	10.24	10.51	10.54
Tangible book value per share	-19.38	-18.73	-17.49	-16.62	-15.96
Share holders equity per share	9.55	9.66	10.24	10.51	10.54
Interest debt per share	19.5	19.25	17.76	17.27	16.17
Market cap	2.49B	2.6B	2.64B	2.36B	2.34B
Enterprise value	3.22B	3.29B	3.29B	2.98B	2.92B
P/E ratio	26.26	53.78	34.61	38.4	25.81
Price to sales ratio	15.14	14.59	15.11	13.31	12.66
POCF ratio	53.18	54.23	57.42	71.02	33.89
PFCF ratio	53.62	56.09	58.97	76.54	34.04
P/B Ratio	6.02	6.21	5.94	5.12	5.06
PTB ratio	6.02	6.21	5.94	5.12	5.06
EV to sales	19.59	18.45	18.78	16.81	15.82
Enterprise value over EBITDA	50.27	52.72	52.79	55.1	44.35
EV to operating cash flow	68.81	68.59	71.37	89.73	42.36
EV to free cash flow	69.38	70.93	73.3	96.69	42.55
Earnings yield	0.01	0	0.01	0.01	0.01
Free cash flow yield	0.02	0.02	0.02	0.01	0.03
Debt to equity	2.03	1.94	1.75	1.63	1.52
Debt to assets	0.51	0.51	0.49	0.47	0.45
Net debt to EBITDA	11.42	11.03	10.32	11.48	8.87
Current ratio	0.87	0.87	0.93	0.94	0.95
Interest coverage	6.09	1.72	-3.44	2.86	5.32
Income quality	1.98	3.97	2.41	2.16	3.05
Dividend Yield	0	0	0	0	0
Payout ratio	0.34	0.65	0.41	0.51	0.36
Sales general and administrative to revenue	0.11	0.12	0.13	0.33	0.29
Research and developement to revenue	0.19	0.2	0.19	0.19	0.19
Intangibles to total assets	0.76	0.77	0.75	0.74	0.75
Capex to operating cash flow	-0.01	-0.03	-0.03	-0.07	0
Capex to revenue	0	-0.01	-0.01	-0.01	0
Capex to depreciation	-0.02	-0.06	-0.04	-0.09	-0.01
Stock based compensation to revenue	0.06	0.06	0.06	0.06	0.07
Graham number	10.84	7.79	10.06	9.11	11.07
ROIC	0.02	0.02	0.02	0.02	0.03
Return on tangible assets	0.06	0.03	0.05	0.04	0.06
Graham Net	-23.37	-22.32	-21.08	-20.56	-19.73
Working capital	-44.46M	-42.41M	-21.86M	-21.33M	-14.95M
Tangible asset value	-839.36M	-811.64M	-759.83M	-726.66M	-699.07M
Net current asset value	-937.46M	-901.99M	-849.58M	-812.28M	-788.77M
Invested capital	2.03	1.94	1.75	1.63	1.52
Average receivables	126.97M	123.54M	125.77M	143.59M	136.89M
Average payables	75.89M	75.64M	79.88M	48M	11.15M
Average inventory	2.52M	0.5	1	0.5	0.5
Days sales outstanding	69.57	60.66	67.58	79.23	57.5
Days payables outstanding	257.98	202.83	228.63	33.07	17.79
Days of inventory on hand	0	0	0	0	0
Receivables turnover	1.29	1.48	1.33	1.14	1.57
Payables turnover	0.35	0.44	0.39	2.72	5.06
Inventory turnover	0	33.78M	32.92M	0	50.2M
ROE	0.06	0.03	0.04	0.03	0.05
Capex per share	-0.01	-0.04	-0.03	-0.05	-0.01

PRGS Dividend History

PRGS Frequently Asked Questions

What is Progress Software Corporation stock symbol ?

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

What is Progress Software Corporation stock quote today ?

Progress Software Corporation stock price is $50.14 today.

Is Progress Software Corporation stock public?

Yes, Progress Software Corporation is a publicly traded company.

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Company Profile

Volume Average 640.69K
Market Capitalization 2.2B
Employee 2.28K
CEO Mr. Yogesh K. Gupta
Headquarters Burlington,MA,US
IPO Date 1991-07-30
Website https://www.progress.com

Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.