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Progress Software Corp

PRGS
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27.810USD
+1.010+3.77%
Close 05/15, 16:00ETQuotes delayed by 15 min
1.17BMarket Cap
13.98P/E TTM

Progress Software Corp

27.810
+1.010+3.77%
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Intraday
1m
30m
1h
D
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D

Today

+3.77%

5 Days

-6.90%

1 Month

-6.74%

6 Months

-33.82%

Year to Date

-35.27%

1 Year

-55.94%

Key Insights

Progress Software Corp's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 12 out of 468 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Strong Buy, with the highest price target at 51.75.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Progress Software Corp's Score

Industry at a Glance

Industry Ranking
12 / 468
Overall Ranking
55 / 4482
Industry
Software & IT Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Negative

Progress Software Corp Highlights

StrengthsRisks
Progress Software Corporation is a provider of artificial intelligence (AI)-powered digital experience and infrastructure software. The Company provides software products that enable its customers to develop, deploy and manage responsible AI-powered applications and digital experiences. It 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.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 40.81% year-on-year.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 34.84%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 34.84%.
Undervalued
The company’s latest PE is 13.98, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 50.95M shares, decreasing 2.42% quarter-over-quarter.
Held by Joel Greenblatt
Star Investor Joel Greenblatt holds 34.16K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.14.

Analyst Rating

Based on 7 analysts
Strong Buy
Current Rating
51.746
Target Price
+93.08%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Progress Software Corp News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Progress Software Corp Info

Progress Software Corporation is a provider of artificial intelligence (AI)-powered digital experience and infrastructure software. The Company provides software products that enable its customers to develop, deploy and manage responsible AI-powered applications and digital experiences. It 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.
Ticker SymbolPRGS
CompanyProgress Software Corp
CEOGupta (Yogesh K)
Websitehttps://www.progress.com/
KeyAI