Progress Software Statistics
Total Valuation
PRGS has a market cap or net worth of $2.20 billion. The enterprise value is $3.65 billion.
| Market Cap | 2.20B |
| Enterprise Value | 3.65B |
Important Dates
The next confirmed earnings date is Monday, March 31, 2025, after market close.
| Earnings Date | Mar 31, 2025 |
| Ex-Dividend Date | Aug 30, 2024 |
Share Statistics
PRGS has 43.02 million shares outstanding. The number of shares has decreased by -0.52% in one year.
| Current Share Class | 43.02M |
| Shares Outstanding | 43.02M |
| Shares Change (YoY) | -0.52% |
| Shares Change (QoQ) | +3.42% |
| Owned by Insiders (%) | 1.05% |
| Owned by Institutions (%) | 117.19% |
| Float | 42.56M |
Valuation Ratios
The trailing PE ratio is 33.12 and the forward PE ratio is 10.08. PRGS's PEG ratio is 2.03.
| PE Ratio | 33.12 |
| Forward PE | 10.08 |
| PS Ratio | 2.95 |
| Forward PS | 2.25 |
| PB Ratio | 5.08 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 10.72 |
| P/OCF Ratio | 10.45 |
| PEG Ratio | 2.03 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.04, with an EV/FCF ratio of 17.72.
| EV / Earnings | 53.40 |
| EV / Sales | 4.85 |
| EV / EBITDA | 14.04 |
| EV / EBIT | 23.25 |
| EV / FCF | 17.72 |
Financial Position
The company has a current ratio of 0.81, with a Debt / Equity ratio of 3.56.
| Current Ratio | 0.81 |
| Quick Ratio | 0.70 |
| Debt / Equity | 3.56 |
| Debt / EBITDA | 5.81 |
| Debt / FCF | 7.57 |
| Interest Coverage | 4.91 |
Financial Efficiency
Return on equity (ROE) is 15.23% and return on invested capital (ROIC) is 6.13%.
| Return on Equity (ROE) | 15.23% |
| Return on Assets (ROA) | 4.76% |
| Return on Invested Capital (ROIC) | 6.13% |
| Return on Capital Employed (ROCE) | 7.59% |
| Revenue Per Employee | $267,641 |
| Profits Per Employee | $24,312 |
| Employee Count | 2,815 |
| Asset Turnover | 0.36 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, PRGS has paid $25.83 million in taxes.
| Income Tax | 25.83M |
| Effective Tax Rate | 27.40% |
Stock Price Statistics
The stock price has decreased by -4.35% in the last 52 weeks. The beta is 0.84, so PRGS's price volatility has been lower than the market average.
| Beta (5Y) | 0.84 |
| 52-Week Price Change | -4.35% |
| 50-Day Moving Average | 55.94 |
| 200-Day Moving Average | 59.89 |
| Relative Strength Index (RSI) | 30.79 |
| Average Volume (20 Days) | 667,300 |
Short Selling Information
The latest short interest is 5.94 million, so 13.81% of the outstanding shares have been sold short.
| Short Interest | 5.94M |
| Short Previous Month | 5.32M |
| Short % of Shares Out | 13.81% |
| Short % of Float | 13.96% |
| Short Ratio (days to cover) | 9.48 |
Income Statement
In the last 12 months, PRGS had revenue of $753.41 million and earned $68.44 million in profits. Earnings per share was $1.54.
| Revenue | 753.41M |
| Gross Profit | 652.15M |
| Operating Income | 157.21M |
| Pretax Income | 82.86M |
| Net Income | 68.44M |
| EBITDA | 260.25M |
| EBIT | 157.21M |
| Earnings Per Share (EPS) | $1.54 |
Balance Sheet
The company has $118.08 million in cash and $1.56 billion in debt, giving a net cash position of -$1.44 billion or -$33.55 per share.
| Cash & Cash Equivalents | 118.08M |
| Total Debt | 1.56B |
| Net Cash | -1.44B |
| Net Cash Per Share | -$33.55 |
| Equity (Book Value) | 438.79M |
| Book Value Per Share | 10.12 |
| Working Capital | -86.33M |
Cash Flow
In the last 12 months, operating cash flow was $211.49 million and capital expenditures -$5.21 million, giving a free cash flow of $206.29 million.
| Operating Cash Flow | 211.49M |
| Capital Expenditures | -5.21M |
| Free Cash Flow | 206.29M |
| FCF Per Share | $4.79 |
Margins
Gross margin is 86.56%, with operating and profit margins of 20.87% and 9.08%.
| Gross Margin | 86.56% |
| Operating Margin | 20.87% |
| Pretax Margin | 12.51% |
| Profit Margin | 9.08% |
| EBITDA Margin | 34.54% |
| EBIT Margin | 20.87% |
| FCF Margin | 27.38% |
Dividends & Yields
This stock pays an annual dividend of $0.35, which amounts to a dividend yield of 0.69%.
| Dividend Per Share | $0.35 |
| Dividend Yield | 0.69% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 22.73% |
| Buyback Yield | 0.52% |
| Shareholder Yield | 1.20% |
| Earnings Yield | 3.10% |
| FCF Yield | 9.33% |
Analyst Forecast
The average price target for PRGS is $73.43, which is 43.73% higher than the current price. The consensus rating is "Buy".
| Price Target | $73.43 |
| Price Target Difference | 43.73% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
| Revenue Growth Forecast (5Y) | 8.86% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on January 31, 2011. It was a forward split with a ratio of 1.5:1.
| Last Split Date | Jan 31, 2011 |
| Split Type | Forward |
| Split Ratio | 1.5:1 |
Scores
PRGS has an Altman Z-Score of 1.23 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.23 |
| Piotroski F-Score | 5 |