Progress Software Corp PRGS
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
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Progress Announces Third Quarter 2024 Financial Results
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Progress Awards 7 Scholarships Across the Globe for its 2024 Women in STEM Scholarship Series
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Progress Brings Industry Leaders Together to Share Insights on AI and Data at MarkLogic World Tour US 2024
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Progress Software to Report Third Quarter 2024 Financial Results on September 24, 2024
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Progress to Acquire ShareFile
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Progress Announces Powerful New Generative AI Capabilities in Latest Release of MarkLogic Server
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Progress’ Semantic AI Platform Recognized as the Leader in Info-Tech Research Group's 2024 Metadata Management Data Quadrant
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New Progress Semaphore Release Brings to Market AI-Assisted Knowledge Modeling
Trading Information
- Previous Close Price
- $65.80
- Day Range
- $64.55–66.16
- 52-Week Range
- $48.00–67.48
- Bid/Ask
- $64.60 / $70.00
- Market Cap
- $2.80 Bil
- Volume/Avg
- 4 / 465,582
Key Statistics
- Price/Earnings (Normalized)
- 14.73
- Price/Sales
- 4.06
- Dividend Yield (Trailing)
- 1.07%
- Dividend Yield (Forward)
- 1.07%
- Total Yield
- 2.76%
Company Profile
Progress Software Corporation is a provider of cloud-based security solutions to large-and mid-sized organizations in a wide range of industries. Its product includes OpenEdge; Chef; Developer Tools; Kemp LoadMaster; MOVEit; DataDirect; WhatsUp Gold; Sitefinity; Flowmon and Corticon. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of the firm's revenue is generated in the United States and it also has presence in Canada, the Middle East, and Africa (EMEA), Latin America, and Asia Pacific.
- Sector
- Technology
- Industry
- Software - Infrastructure
- Stock Style Box
- Small Core
- Total Number of Employees
- 2,284
- Website
- https://www.progress.com
Comparables
Valuation
|
Metric
|
PRGS
|
ENFN
|
CALX
|
|---|---|---|---|
Price/Earnings (Normalized) | 14.73 | 2.40 | 32.32 |
Price/Book Value | 6.58 | 12.86 | 3.33 |
Price/Sales | 4.06 | 6.11 | 2.69 |
Price/Cash Flow | 13.15 | 26.98 | 36.46 |
Price/Earnings
PRGS
ENFN
CALX
Financial Strength
|
Metric
|
PRGS
|
ENFN
|
CALX
|
|---|---|---|---|
Quick Ratio | 1.00 | 3.81 | 2.58 |
Current Ratio | 1.12 | 4.15 | 4.28 |
Interest Coverage | 3.60 | — | — |
Quick Ratio
PRGS
ENFN
CALX
Profitability
|
Metric
|
PRGS
|
ENFN
|
CALX
|
|---|---|---|---|
Return on Assets (Normalized) | 12.50% | 16.79% | 5.45% |
Return on Equity (Normalized) | 45.35% | 32.72% | 6.84% |
Return on Invested Capital (Normalized) | 18.41% | 19.01% | 5.53% |
Return on Assets
PRGS
ENFN
CALX
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United States