Why Progress Software Corporation’s (PRGS) Stock Is Down 7.14%
As of Thursday, July 30, Progress Software Corporation’s PRGS share price has dipped by 7.14%, which has investors questioning if this is right time to buy.Cynthia McLaughlin
Stock Evaluator: Progress Software Corporation (PRGS)
Progress Software Corporation PRGS
$40.59
0.25
0.62%
July 31, 2026 4:00:00 PM
EST
Volume: 492,817
After Hours: $120.37
0.15
|
0.12%
November 10, 2021 7:59 PM
EST
Volume: 72,713
USD
NASD | DELAYED PRICE
| SECTOR | INDUSTRY |
| Information Technology | Software |
A+ Stock Grade Summary:
| VALUE: |
|
|
| GROWTH: |
|
|
| MOMENTUM: |
|
|
| EPS REVISIONS: |
|
|
| QUALITY: |
|
|
COMPANY SUMMARY
Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
Commentary & Analysis
Why Progress Software Corporation’s (PRGS) Stock Is Up 6.70%
As of Tuesday, July 28, Progress Software Corporation’s PRGS share price has surged by 6.70%, which has investors questioning if this is right time to sell.Jenna Brashear
Why Progress Software Corporation’s (PRGS) Stock Is Up 6.00%
As of Monday, July 27, Progress Software Corporation’s PRGS share price has surged by 6.00%, which has investors questioning if this is right time to sell.Jenna Brashear
3 Undervalued Software Stocks for Thursday, July 09
Discover the top 3 undervalued Software stocks for Thursday, July 09 based on AAII’s Stock Grades.Michael Rose
Why Progress Software Corporation’s (PRGS) Stock Is Up 13.07%
As of Wednesday, July 01, Progress Software Corporation’s PRGS share price has surged by 13.07%, which has investors questioning if this is right time to sell.Jenna Brashear
Financial Summary
| Share Statistics | PRGS | Industry Median |
Percentile (All Stocks) |
|
| Market Cap (Mil) | $1,664.3 | $977.4 | 51% |
|
| Shares Out (Mil) | 42.3 | 78.1 | 44% |
|
| Institutional Ownership | 98.5% | 79.0% | 80% |
|
| Float (Mil) | 40.3 | 57.6 | 43% |
|
| Beta | 0.82 | 1.03 | 48% |
|
| Avg Daily Volume (000s) | 603 | 750 | 62% |
|
| Price Change (52-week) |
(17.4%) | 56.5% | 32% |
|
| Growth | PRGS | Industry Median |
Percentile (All Stocks) |
|
| Sales (5yr) | 17.2% | 14.8% | 77% |
|
| Net Income (5yr) | (1.7%) | 10.1% | 37% |
|
| EPS (5yr) | (1.2%) | 16.2% | 29 |
|
| Dividends (5yr) | (14.9%) | 0.0% | 0% |
|
| Cash Flow (5yr) | 15.5% | (15.3%) | 74% |
|
| Estimates | Qtrly | Current Fiscal Year |
Next Fiscal Year |
|
| # of Estimates | 4 | 5 | 5 | |
| Current EPS | $1.515 | $6.121 | $6.230 | |
| Month Ago EPS | $1.447 | $5.981 | $6.061 | |
| # Rev Up | 1 | 0 | 0 | |
| # Rev Down | 0 | 1 | 1 | |
| Three Months Ago EPS | $1.447 | $5.981 | $6.061 | |
| Year/Year Chg | 203.0% | 268.7% | 280.0% | |
| Financials | PRGS | Industry Median |
Percentile (All Stocks) |
|
| Sales (TTM) (Mil) | $1,004 | $348 | 51% |
|
| Net Income (TTM) (Mil) | $89 | ($2) | 60% |
|
| EPS (TTM) | $2.098 | ($0.100) | 73% |
|
| Operating Cash Flow (TTM) (Mil) | $314 | $30 | 65% |
|
| Net Cash Flow (TTM) (Mil) | $1 | $0 | 47% |
|
| Long-Term Debt (Q1) (Mil) | $1,319 | $35 | 69% |
|
| Enterprise Value (Q1) (Mil) | $2,830 | $1,019 | 54% |
|
| Valuation | PRGS | Industry Median |
Percentile (All Stocks) |
|
| P/B | 3.31 | 3.24 | 68% |
|
| P/E | 19.7 | 34.8 | 50% |
|
| Dividend Yield | 0.0% | 0.0% | 0% |
|
| PEG (5yr hist) | na | 2.1 | na |
|
| Ratios | PRGS | Industry Median |
Percentile (All Stocks) |
|
| Gross Margin | 85.6% | 70.5% | 92% |
|
| Net Margin | 8.9% | 0.6% | 60% |
|
| ROA | 3.7% | (1.6%) | 66% |
|
| ROE | 18.6% | 1.6% | 78% |
|
| Liabilities to Assets | 78.4% | 46.1% | 74% |
|
| F-Score | 7 | 5 | 84% |
|
Progress Software Corporation did not pass any screens on 7/31/2026.
