The current stock price of PRGS is 41.66 USD. In the past month the price decreased by -4.3%. In the past year, price decreased by -27.33%.
ChartMill assigns a fundamental rating of 5 / 10 to PRGS. While PRGS has a great profitability rating, there are quite some concerns on its financial health.
Over the last trailing twelve months PRGS reported a non-GAAP Earnings per Share(EPS) of 5.72. The EPS increased by 16.02% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 7.48% | ||
| ROA | 2.98% | ||
| ROE | 15.29% | ||
| Debt/Equity | 2.18 |
12 analysts have analysed PRGS and the average price target is 68.85 USD. This implies a price increase of 65.27% is expected in the next year compared to the current price of 41.66.
For the next year, analysts expect an EPS growth of 1.01% and a revenue growth 1.34% for PRGS
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 2,815 full-time employees. The firm provides software products that enable its customers to develop, deploy and manage responsible AI-powered applications and digital experiences. The company also offers retrieval-augmented generation (RAG) -as-a-service products, enabling organizations to automatically leverage their own proprietary business information to retrieve verifiable, accurate answers using GenAI. Its products include Sitefinity, Corticon, MOVEit, ShareFile, Podio, Kendo UI, Telerik, Kemp LoadMaster, Flowmon, WhatsUp Gold, Chef Infrastructure Management, Chef Desktop, Chef App Delivery, MarkLogic, Semaphore, OpenEdge, DataDirect Connectors, Hybrid Data Pipeline, OpenAccess, and MOVEit Cloud. Corticon is a decision automation platform that transforms user experiences by streamlining and automating complex business rules without having to code.
PROGRESS SOFTWARE CORP
15 Wayside Road, Suite 400
Burlington MASSACHUSETTS 01730 US
CEO: Yogesh Gupta
Employees: 2815
Phone: 17812804473
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 2,815 full-time employees. The firm provides software products that enable its customers to develop, deploy and manage responsible AI-powered applications and digital experiences. The company also offers retrieval-augmented generation (RAG) -as-a-service products, enabling organizations to automatically leverage their own proprietary business information to retrieve verifiable, accurate answers using GenAI. Its products include Sitefinity, Corticon, MOVEit, ShareFile, Podio, Kendo UI, Telerik, Kemp LoadMaster, Flowmon, WhatsUp Gold, Chef Infrastructure Management, Chef Desktop, Chef App Delivery, MarkLogic, Semaphore, OpenEdge, DataDirect Connectors, Hybrid Data Pipeline, OpenAccess, and MOVEit Cloud. Corticon is a decision automation platform that transforms user experiences by streamlining and automating complex business rules without having to code.
The current stock price of PRGS is 41.66 USD. The price decreased by -2.87% in the last trading session.
PROGRESS SOFTWARE CORP (PRGS) has a dividend yield of 1.31%. The yearly dividend amount is currently 0.02.
PRGS has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 5 out of 10.
The next ex-dividend date for PROGRESS SOFTWARE CORP (PRGS) is August 30, 2024.
PROGRESS SOFTWARE CORP (PRGS) currently has 2815 employees.
You can find the ownership structure of PROGRESS SOFTWARE CORP (PRGS) on the Ownership tab.