Progress Software Statistics
Total Valuation
PRGS has a market cap or net worth of $2.73 billion. The enterprise value is $4.17 billion.
Important Dates
The last earnings date was Tuesday, January 21, 2025, after market close.
| Earnings Date | Jan 21, 2025 |
| Ex-Dividend Date | Aug 30, 2024 |
Share Statistics
PRGS has 42.91 million shares outstanding. The number of shares has decreased by -0.12% in one year.
| Current Share Class | 42.91M |
| Shares Outstanding | 42.91M |
| Shares Change (YoY) | -0.12% |
| Shares Change (QoQ) | -0.58% |
| Owned by Insiders (%) | 0.89% |
| Owned by Institutions (%) | 115.37% |
| Float | 42.51M |
Valuation Ratios
The trailing PE ratio is 41.25 and the forward PE ratio is 12.55. PRGS's PEG ratio is 2.51.
| PE Ratio | 41.25 |
| Forward PE | 12.55 |
| PS Ratio | 3.65 |
| Forward PS | 3.02 |
| PB Ratio | 6.28 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 12.37 |
| P/OCF Ratio | 12.89 |
| PEG Ratio | 2.51 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 16.02, with an EV/FCF ratio of 18.93.
| EV / Earnings | 60.92 |
| EV / Sales | 5.53 |
| EV / EBITDA | 16.02 |
| EV / EBIT | 26.52 |
| EV / FCF | 18.93 |
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 | 5.80 |
| Debt / FCF | 7.09 |
| 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 Capital (ROIC) | 6.13% |
| Revenue Per Employee | $329,864 |
| Profits Per Employee | $29,964 |
| Employee Count | 2,284 |
| 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 increased by +9.70% in the last 52 weeks. The beta is 0.93, so PRGS's price volatility has been similar to the market average.
| Beta (5Y) | 0.93 |
| 52-Week Price Change | +9.70% |
| 50-Day Moving Average | 66.73 |
| 200-Day Moving Average | 58.71 |
| Relative Strength Index (RSI) | 41.52 |
| Average Volume (20 Days) | 553,574 |
Short Selling Information
The latest short interest is 5.31 million, so 12.38% of the outstanding shares have been sold short.
| Short Interest | 5.31M |
| Short Previous Month | 5.20M |
| Short % of Shares Out | 12.38% |
| Short % of Float | 12.49% |
| Short Ratio (days to cover) | 9.86 |
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 |
Full Income StatementBalance 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 -$33.65 per share.
| Cash & Cash Equivalents | 118.08M |
| Total Debt | 1.56B |
| Net Cash | -1.44B |
| Net Cash Per Share | -$33.65 |
| Equity (Book Value) | 438.79M |
| Book Value Per Share | 10.12 |
| Working Capital | -86.33M |
Full Balance SheetCash 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 $220.29 million.
| Operating Cash Flow | 211.49M |
| Capital Expenditures | -5.21M |
| Free Cash Flow | 220.29M |
| FCF Per Share | $5.13 |
Full Cash Flow StatementMargins
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 | 29.24% |
Dividends & Yields
This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 0.83%.
| Dividend Per Share | $0.52 |
| Dividend Yield | 0.83% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 28.25% |
| Buyback Yield | 0.12% |
| Shareholder Yield | 0.95% |
| Earnings Yield | 2.51% |
| FCF Yield | 8.08% |
Dividend DetailsAnalyst Forecast
The average price target for PRGS is $71.50, which is 12.56% higher than the current price. The consensus rating is "Buy".
| Price Target | $71.50 |
| Price Target Difference | 12.56% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |