Progress Software Corporation (PRGS)
| Market Cap | 1.99B |
| Revenue (ttm) | 436.80M |
| Net Income (ttm) | 57.32M |
| Shares Out | 45.04M |
| EPS (ttm) | 1.76 |
| PE Ratio | 25.08 |
| Forward PE | 14.10 |
| Dividend | $0.70 |
| Dividend Yield | 1.59% |
| Trading Day | January 15 |
| Last Price | $44.14 |
| Previous Close | $48.81 |
| Change ($) | -4.67 |
| Change (%) | -9.57% |
| Day's Open | 47.10 |
| Day's Range | 43.76 - 47.97 |
| Day's Volume | 1,076,433 |
| 52-Week Range | 29.37 - 48.81 |
Progress Software (PRGS) fourth-quarter 2020 results reflect strong sales of OpenEdge and DCI products.
Stocks settled solidly in the red by the end of the trading session on Thursday.
Progress Software Corporation (PRGS) CEO Yogesh Gupta on Q4 2020 Results - Earnings Call Transcript
Progress Software (PRGS) delivered earnings and revenue surprises of 18.18% and 1.47%, respectively, for the quarter ended November 2020. Do the numbers hold clues to what lies ahead for the s...
Shares of Progress Software (NASDAQ:PRGS) fell 2.8% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 15.19% over the past year to $...
Solid Execution Drove Growth and Operating Leverage Acquisition of Chef Bolsters Position in DevOps Market and Drives Fiscal 2021 Revenue Growth
Stocks for the second straight day failed to stage a large recovery after Monday's losses. For investors looking to make the most of this market, the deep learning algorithms at Q.ai have crun...
Progress Software (NASDAQ:PRGS) releases its next round of earnings this Thursday, January 14. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.
Designed to empower the next generation of extraordinary women leaders in science, technology, engineering and mathematics, the application process is now open through March 5, 2021
Progress Software (PRGS) Q4 results are expected to benefit from strong demand for OpenEdge and DataDirect solutions.
KB Home is one of several widely owned stocks set to announce earnings results over the next few days.
Progress Software (PRGS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
With Progress Sitefinity Cloud, Ireland's leading brokerage quadrupled its account openings through customer-centric digital transformation efforts
BEDFORD, Mass., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of products to develop, deploy and manage high-impact business applications, today announced tha...
Partners and Resellers in Iberia Now Have Full Availability of Progress MOVEit and WhatsUp Gold IT Management Solutions through Ingram Micro
BEDFORD, Mass., Dec. 09, 2020 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of products to develop, deploy and manage high-impact business applications, today announced tha...
The Royal British Legion successfully raises awareness , increases engagement and maximizes web efficiencies with Progress Sitefinity
Leading .NET test automation platform features redesigned Test Recorder UI, improved user experience and extended support for Microsoft Blazor applications
Webinar series to focus on the state of .NET and the future of desktop app dev, and will help attendees start building new apps on.NET immediately after attending
New Chef Infrastructure Management, Chef App Delivery, Chef Premium Content and ‘Learn Chef' skills validation program makes portfolio easier to adopt and scale for both new and experienced users
Award-winning WhatsUp Gold enables district's IT team to actively monitor devices that support 2,500 students, faculty and staff, and the 600GB of daily network traffic they generate
New connectors for CRM, marketing automation and marketing analytics bridge the data gap for insight-driven marketing effectiveness
We believe that Progress Software stock has an upside potential of 11% post pandemic, as business IT spending recovers to pre-corona levels.Progress Software, provider of solutions for develop...
New web-based application increases data throughput speed by 3x and provides new levels of security and scalability
Progress Software (PRGS) possesses solid growth attributes, which could help it handily outperform the market.
Five-day v irtual event to include a series of hands - on coding, live - learning and social activities to connect and inspire the international developer community
Increased analyst coverage over the last few weeks might lead to solid price appreciation for these stocks.
BEDFORD, Mass., Oct. 06, 2020 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of application development and digital experience technologies, today announced the completion o...
Investors should look beyond the software provider's middling sales results in 2020.
Progress Software dipped ~5% after reporting fiscal third-quarter results, despite a decent earnings print.
Shares of Progress Software Corp. (NASDAQ:PRGS) are down 6% following the release of its third-quarter results after the closing bell on Sept. 29.
Used by four million developers, new version of the popular web debugging proxy tool offers Windows, Mac and Linux support and much more
Progress Software Corporation (PRGS) CEO Yogesh Gupta on Q3 2020 Results - Earnings Call Transcript
Progress Software (PRGS) delivered earnings and revenue surprises of 1.30% and 1.54%, respectively, for the quarter ended August 2020. Do the numbers hold clues to what lies ahead for the stock?
Progress Software Corp. shares fell by as much as 11% in the extended session Tuesday after the company reported fiscal third-quarter earnings and raised its outlook for the year.
Revenue Above Top End of Guidance Range Pending Acquisition of Chef Supports Long-Term Growth Strategy
Progress Software Corp has been struggling lately, but the selling pressure may be coming to an end soon.
BEDFORD, Mass., Sept. 22, 2020 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of application development and digital experience technologies, today announced that it wil...
Increased analyst coverage over the last few weeks might lead to solid price appreciation for these stocks.
Based on user feedback, Progress Kendo UI is ranked first in app development for its multi-framework support, customization of controls, overall reliability, and more
Progress Software (PRGS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
.NET leader brings to market 50+ Blazor-native components, zero-day support for latest .NET 5 Preview, plus support for Angular 10, Vue 3.0 and more
Progress Software (PRGS) expects third-quarter fiscal 2020 results to benefit from strong revenue performance and cost management. The company's purchase of Chef will boost its recurring-reven...
Shares of Progress Software Corp. PRGS, -4.39% were indicated up nearly 2% in premarket trading Tuesday, after the business-support software company provided an upbeat outlook for fiscal third...
BEDFORD, Mass., Sept. 08, 2020 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of application development and digital experience technologies, today announced preliminary f...
Acquisition aligns with strategy for accretive acquisition and extends product offerings in DevOps and DevSecOps with market-leading infrastructure automation
2020 edition to be virtual and feature some of the biggest names in the Blazor, React, Xamarin and Angular communities
State Electric Supply Co. Drives Customer Engagement and Increases Conversions by 120% with Progress
Electrical products distributor leverages Progress Sitefinity to launch a more modern, award-winning ecommerce website
Sigma’s network of 850+ reseller in the UK now have access to Progress DataDirect connectivity products for their customers’ analytics, integration and data management needs Sigma’s network of...
About PRGS
Progress Software Corporation develops business applications. The company operates through three segments: OpenEdge, Data Connectivity and Integration, and Application Development and Deployment. The OpenEdge segment offers Progress OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; Progress Corticon, a business rules management system that enables applications with decision automation and change process, and decision-related insight capabiliti... [Read more...]
| Industry Software-Application | IPO Date Jul 30, 1991 |
| CEO Yogesh Gupta | Country United States |
| Stock Exchange NASDAQ | Ticker Symbol PRGS |
Financial Performance
In 2019, PRGS's revenue was $413.30 million, an increase of 9.06% compared to the previous year's $378.98 million. Earnings were $26.40 million, a decrease of -46.85%.
Analyst Forecasts
According to 3 analysts, the average rating for PRGS stock is "Strong Buy." The 12-month stock price forecast is 46.67, which is an increase of 5.73% from the latest price.