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Progress Software Corporation (PRGS)

Stock Price: $45.40 USD -0.75 (-1.63%)
Updated Jul 29, 2021 4:00 PM EDT - Market closed
After-hours: $46.20 +0.80 (1.76%) Jul 29, 4:43 PM
Market Cap 2.01B
Revenue (ttm) 475.85M
Net Income (ttm) 74.16M
Shares Out 43.82M
EPS (ttm) 1.65
PE Ratio 27.48
Forward PE 13.66
Dividend $0.69
Dividend Yield 1.52%
Trading Day July 29
Last Price $45.40
Previous Close $46.15
Change ($) -0.75
Change (%) -1.63%
Day's Open 46.43
Day's Range 45.35 - 46.71
Day's Volume 418,284
52-Week Range 33.49 - 48.85

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Latest release of test automation platform accelerates the entire application development lifecycle with advanced capabilities for debugging test failures Latest release of test automation platform acce...

2 days ago - GlobeNewsWire

Progress MOVEit Cloud enables customers to easily meet compliance requirements for data collection, file transfer and security

2 weeks ago - GlobeNewsWire

1,200 developers gathered over a 6-week period to build apps that make the world a better place and for the chance to win $40,000 in cash and prizes

3 weeks ago - GlobeNewsWire

Progress adds India scholarship and increases total contributions to over $30,000 annually for women in U.S., Bulgaria and India looking to study computer science or related fields

1 month ago - GlobeNewsWire

Based on user reviews, G2's Summer 2021 Grid Report and SoftwareReviews' Data Quadrant Awards give Progress MOVEit top marks for ease of use, user adoption, fast implementation , ROI and more

1 month ago - GlobeNewsWire

Top executives from World Health Organization, National PTA, The Henry Ford and more will discuss creating exceptional digital experiences that drive business growth and customer loyalty

1 month ago - GlobeNewsWire

Progress Software's (PRGS) second-quarter fiscal 2021 results benefit from momentum in core products like OpenEdge, MOVEit and WhatsUp Gold along with Chef.

1 month ago - Zacks Investment Research

Shares of Progress Software (NASDAQ:PRGS) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 30.16% over the past year to $0.82, which bea...

1 month ago - Benzinga

Q2 Revenue and Earnings Per Share Exceed Guidance  Full Year Guidance Raised

1 month ago - GlobeNewsWire

On Thursday, June 24, Progress Software (NASDAQ:PRGS) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

1 month ago - Benzinga

The system empowers users to create effective 1:1 digital relationships with highly engaged prospects

1 month ago - GlobeNewsWire

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.

1 month ago - Zacks Investment Research

Building on its culture and commitment to inclusion and diversity, the company will recognize Juneteenth as an annual paid holiday in the U.S.

1 month ago - GlobeNewsWire

Chef portfolio distinguished by GigaOm, Kisaco Research and Constellation Research for best-of-breed capabilities across a range of technical features and requirements

1 month ago - GlobeNewsWire

New hire to champion company's inclusion, equity and diversity practices as part of its larger  corporate social responsibility program, Progress for Tomorrow

1 month ago - GlobeNewsWire

BEDFORD, Mass., June 10, 2021 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of products to develop, deploy and manage high-impact business applications, today announced that it will ...

1 month ago - GlobeNewsWire

Session to focus on bridging the gap between designers and developers—a critical success factor in today's push for digital differentiation Session to focus on bridging the gap between designers and dev...

1 month ago - GlobeNewsWire

Exclusive rating recognizes Progress Accelerate as a state-of-the-art partner program

1 month ago - GlobeNewsWire

New Progress DataDirect connectors offer direct real-time connectivity to popular data sources including Google BigQuery, Salesforce, SAP S/4Hana, SharePoint and Microsoft Dynamics 365

1 month ago - GlobeNewsWire

CHICAGO, May 27, 2021 /PRNewswire/ -- Americaneagle.com today announced that the websites for Legal & General America (LGA), Cleco, and XTRA Lease, designed and built by Americaneagle.com, have been nam...

2 months ago - PRNewsWire

With Progress Sitefinity Cloud, ALA minimized IT complexity and improved site performance, to its community of 8,500 legal professionals

2 months ago - GlobeNewsWire

The 2021 awards recognize organizations worldwide for their excellence in user experience and digital innovation

2 months ago - GlobeNewsWire

Efforts to automate workflow and digitize customer-end functions call for investing in software stocks like Adobe (ADBE), PTC, SAP, Progress Software (PRGS) and Cadence Design Systems (CDNS)

Other stocks mentioned: ADBE, CDNS, PTC, SAP
2 months ago - Zacks Investment Research

Industry-leading collection of JavaScript UI components now includes the largest, most complete UI library for Angular developers

2 months ago - GlobeNewsWire

Progress Telerik R2 2021 provides new UI controls for WinUI, support for latest .NET preview  and new reporting capabilities

2 months ago - GlobeNewsWire

New release makes it easier than ever to securely share sensitive files across more systems

2 months ago - GlobeNewsWire

Company also recognized for Corporate Social Responsibility  and executive leadership by American Business Awards

2 months ago - GlobeNewsWire

Investors who are focused on growth could be interested in the following small-cap stocks as they represent companies whose trailing 12-month net earnings per share advanced significantly on a year-over...

Other stocks mentioned: HBM, MHO
3 months ago - GuruFocus

New Strong Buy Stocks for April 19th

Other stocks mentioned: BFC, CYH, IVZ, SIGI
3 months ago - Zacks Investment Research

Progress Software Corp (NASDAQ: PRGS) priced $325 million 1% Convertible Senior Notes due 2026 to raise $316.1 million in an upsized private institutional offering. The offering was upsized from the pre...

3 months ago - Benzinga

BEDFORD, Mass., April 08, 2021 (GLOBE NEWSWIRE) -- Progress Software Corporation (NASDAQ: PRGS) (“Progress”) today announced the pricing of its private offering of $325.0 million aggregate principal amo...

3 months ago - GlobeNewsWire

BEDFORD, Mass., April 07, 2021 (GLOBE NEWSWIRE) -- Progress Software Corporation (NASDAQ: PRGS) (“Progress”) today announced that it intends to offer, subject to market and other conditions, $300.0 mill...

3 months ago - GlobeNewsWire

The Worthy Web is a six-week event with $40,000 in cash prizes The Worthy Web is a six-week event with $40,000 in cash prizes

3 months ago - GlobeNewsWire

Progress Telerik UI for WinUI empowers .NET developers to build next generation of Windows apps with latest Microsoft development framework

3 months ago - GlobeNewsWire

With markets getting more volatile, there could be increased dealmaking. The post 7 Tech Stocks That Could Be Looking for M&A appeared first on InvestorPlace.

Other stocks mentioned: BOX, RMNI, RXT, SCWX, SUMO, YEXT
3 months ago - InvestorPlace

Based on survey , Progress is recognized as one of 500 midsize employers that have adapted in the wake of the global pandemic to benefit employees and customers

3 months ago - GlobeNewsWire

With a focus on inclusion, social justice and COVID-19 response, Progress continues to deliver on its commitment to the advancement of our people, communities and the world

3 months ago - GlobeNewsWire

Progress Software's (PRGS) first-quarter fiscal 2021 results reflect strong top-line growth and expanding operating margin.

4 months ago - Zacks Investment Research

Progress Software (PRGS) delivered earnings and revenue surprises of 26.67% and 8.20%, respectively, for the quarter ended February 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Shares of Progress Software (NASDAQ:PRGS) increased in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 25.00% year over year to $0.95, which be...

4 months ago - Benzinga

Revenue and Earnings Per Share Exceed Guidance Ranges Full Year Guidance Increased for Revenue, Earnings Per Share and Free Cash Flow

4 months ago - GlobeNewsWire

Progress Software (PRGS) Q1 results are expected to benefit from strong demand for solutions and acquisition of Chef.

4 months ago - Zacks Investment Research

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.

4 months ago - Zacks Investment Research

With Progress Sitefinity, New England utility modernizes web presence and consolidates 65% of its content, making it easier for customers to find information quickly

4 months ago - GlobeNewsWire

BEDFORD, Mass., March 15, 2021 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of products to develop, deploy and manage high-impact business applications, today announced that it will...

4 months ago - GlobeNewsWire

New release of Progress Sitefinity heightens stability, reliability and security and enables uninterrupted creation and management of enterprise-grade digital experiences

4 months ago - GlobeNewsWire

WhatsUp Gold enables Canadian healthcare organization to identify and solve network issues faster, and better allocate network resources for remote access by physicians and patients

5 months ago - GlobeNewsWire

Quinn recognized for his exemplary leadership, influence, innovation and growth for the IT channel Quinn recognized for his exemplary leadership, influence, innovation and growth for the IT channel

5 months ago - GlobeNewsWire

If you are looking for investment opportunities amid U.S.-listed equities, you may want to have a look at the following stocks as they have grown their free cash flow (FCF) remarkably over recent years....

Other stocks mentioned: CHE, JOUT
5 months ago - GuruFocus

New release of award-winning network monitoring software adds simple, integrated syslog and Windows log management – all within the same industry-leading interface

6 months ago - GlobeNewsWire

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
Employees
1,796
Stock Exchange
NASDAQ
Ticker Symbol
PRGS
Full Company Profile

Financial Performance

In 2020, PRGS's revenue was $442.15 million, an increase of 6.98% compared to the previous year's $413.30 million. Earnings were $79.72 million, an increase of 201.98%.

Financial Statements

Analyst Forecasts

According to 3 analysts, the average rating for PRGS stock is "Strong Buy." The 12-month stock price forecast is 57.25, which is an increase of 26.10% from the latest price.

Price Target
$57.25
(26.10% upside)
Analyst Consensus: Strong Buy