Progress Software Corporation (PRGS)
Stock Price Chart
Key Info
| Market Cap | 1.75B |
| Revenue (ttm) | 436.80M |
| Net Income (ttm) | 57.32M |
| Shares Out | 45.10M |
| EPS (ttm) | 1.26 |
| PE Ratio | 30.79 |
| Forward PE | 12.50 |
| Dividend | $0.70 |
| Dividend Yield | 1.80% |
Stock Quote
| Trading Day | Oct 26, 2020 |
| Last Price | $38.79 |
| Previous Close | $39.38 |
| Change ($) | -0.59 |
| Change (%) | -1.50% |
| Day's Open | 39.02 |
| Day's Range | 38.41 - 39.08 |
| Day's Volume | 246,036 |
| 52-Week Range | 28.09 - 52.50 |
More Stats
| Market Cap | 1.75B |
| Enterprise Value | 1.83B |
| Earnings Date (est) | Jan 21, 2021 |
| Ex-Dividend Date | Aug 31, 2020 |
| Shares Outstanding | 45.10M |
| Float | 44.40M |
| EPS (basic) | 1.27 |
| EPS (diluted) | 1.26 |
| FCF / Share | 2.96 |
| Dividend | $0.70 |
| Dividend Yield | 1.80% |
| Earnings Yield | 3.25% |
| FCF Yield | 7.61% |
| Payout Ratio | 52.00% |
| Shares Short | 1.13M |
| Short Ratio | 2.64 |
| Short % of Float | 2.54% |
| Beta | 1.02 |
| PE Ratio | 30.79 |
| Forward PE | 12.50 |
| P/FCF Ratio | 13.14 |
| PS Ratio | 4.01 |
| PB Ratio | 4.79 |
| Revenue | 436.80M |
| Operating Income | 83.19M |
| Net Income | 57.32M |
| Free Cash Flow | 133.10M |
| Net Cash | -83.22M |
| Net Cash / Share | -1.85 |
| Gross Margin | 83.32% |
| Operating Margin | 19.04% |
| Profit Margin | 13.10% |
| FCF Margin | 30.47% |
| ROA | 7.95% |
| ROE | 16.35% |
| ROIC | 31.40% |
Analyst Summary
Analyst Consensus: Buy
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 413 | 379 | 389 | 405 | 378 | 333 | 334 | 318 | 334 | 352 |
| Revenue Growth | 9.06% | -2.61% | -3.99% | 7.36% | 13.54% | -0.44% | 5.16% | -4.8% | -5.12% | - |
| Gross Profit | 338 | 312 | 320 | 340 | 314 | 298 | 299 | 281 | 297 | 310 |
| Operating Income | 40.08 | 67.81 | 57.49 | -29.71 | 14.75 | 80.74 | 63.74 | 67.79 | 109 | 91.48 |
| Net Income | 26.40 | 49.67 | 29.02 | -55.73 | -8.80 | 49.46 | 74.91 | 47.44 | 59.63 | 48.10 |
| Shares Outstanding | 44.79 | 45.56 | 48.13 | 49.48 | 50.39 | 50.84 | 54.52 | 62.88 | 65.71 | 63.96 |
| Earnings Per Share | 0.58 | 1.08 | 0.60 | -1.13 | -0.17 | 0.96 | 1.35 | 0.74 | 0.88 | 0.73 |
| EPS Growth | -46.3% | 80% | - | - | - | -28.89% | 82.43% | -15.91% | 20.55% | - |
| Dividend Per Share | 0.63 | 0.58 | 0.52 | 0.13 | - | - | - | - | - | - |
| Dividend Growth | 9.57% | 11.65% | 312% | - | - | - | - | - | - | - |
| Operating Cash Flow | 128 | 121 | 106 | 103 | 105 | 108 | 4.58 | 104 | 126 | 96.20 |
| Capital Expenditures | 2.15 | -7.25 | -1.82 | -5.79 | -8.85 | -11.80 | -5.06 | -7.74 | -17.05 | -9.66 |
| Free Cash Flow | 131 | 114 | 104 | 97.06 | 95.70 | 95.89 | -0.48 | 96.38 | 109 | 86.54 |
| Cash & Equivalents | 174 | 140 | 184 | 250 | 241 | 283 | 231 | 355 | 261 | 322 |
| Total Debt | 295 | 116 | 122 | 135 | 144 | - | - | - | 0.36 | 0.66 |
| Net Cash / Debt | -121 | 23.42 | 61.70 | 115 | 96.90 | 283 | 231 | 355 | 261 | 322 |
| Assets | 881 | 644 | 719 | 755 | 877 | 703 | 682 | 885 | 864 | 937 |
| Liabilities | 551 | 320 | 343 | 348 | 355 | 160 | 169 | 247 | 239 | 248 |
| Book Value | 330 | 324 | 376 | 407 | 522 | 543 | 514 | 638 | 625 | 688 |
Company Profile
Company Details
| Full Name | Progress Software Corporation |
| Country | United States |
| Employees | 1,538 |
| CEO | Yogesh K. Gupta |
Stock Information
| Ticker Symbol | PRGS |
| Stock Exchange | NASDAQ |
| Sector | Technology |
| Industry | Software—Application |
| Unique Identifier | NASDAQ: PRGS |
| IPO Date | July 30, 1991 |
Description
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 capabilities; Progress Kinvey, a platform for building enterprise applications; MOVEit that provides secure collaboration and automated file transfers of critical business information; WhatsUp Gold, a network monitoring solution; and DataRPM, a cognitive predictive maintenance solution for industrial IoT. The Data Connectivity and Integration segment provides Progress DataDirect Connect software, which offers data connectivity using industry-standard interfaces to connect applications running on various platforms; and Progress DataDirect Hybrid Data Pipeline, a data access service that provides cloud and on-premises data sources for hybrid cloud applications, such as CRM, data management platforms, and hosted analytics. The Application Development and Deployment segment offers Developer Tools, a set of components for user interface development; and Sitefinity, a Web content management and customer analytics platform. The company also provides project management, implementation, custom development, programming, and other services, as well as services to Web-enable applications; and training services. It sells its products to end users, application partners, original equipment manufacturers, and system integrators. The company has operations in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. Progress Software Corporation was founded in 1981 and is headquartered in Bedford, Massachusetts.