Progress Software Statistics
Total Valuation
PRGS has a market cap or net worth of $2.85 billion. The enterprise value is $3.43 billion.
| Market Cap | 2.85B |
| Enterprise Value | 3.43B |
Important Dates
The next estimated earnings date is Tuesday, January 14, 2025, after market close.
| Earnings Date | Jan 14, 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 (%) | 115.98% |
| Float | 42.51M |
Valuation Ratios
The trailing PE ratio is 35.72 and the forward PE ratio is 12.53. PRGS's PEG ratio is 6.26.
| PE Ratio | 35.72 |
| Forward PE | 12.53 |
| PS Ratio | 4.03 |
| Forward PS | 3.16 |
| PB Ratio | 6.69 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 12.93 |
| P/OCF Ratio | 12.66 |
| PEG Ratio | 6.26 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.11, with an EV/FCF ratio of 15.56.
| EV / Earnings | 41.49 |
| EV / Sales | 4.79 |
| EV / EBITDA | 14.11 |
| EV / EBIT | 24.50 |
| EV / FCF | 15.56 |
Financial Position
The company has a current ratio of 1.23, with a Debt / Equity ratio of 1.91.
| Current Ratio | 1.23 |
| Quick Ratio | 1.13 |
| Debt / Equity | 1.91 |
| Debt / EBITDA | 3.21 |
| Debt / FCF | 3.69 |
| Interest Coverage | 4.82 |
Financial Efficiency
Return on equity (ROE) is 18.98% and return on invested capital (ROIC) is 7.10%.
| Return on Equity (ROE) | 18.98% |
| Return on Assets (ROA) | 5.44% |
| Return on Capital (ROIC) | 7.10% |
| Revenue Per Employee | $313,230 |
| Profits Per Employee | $36,176 |
| Employee Count | 2,284 |
| Asset Turnover | 0.44 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, PRGS has paid $13.56 million in taxes.
| Income Tax | 13.56M |
| Effective Tax Rate | 14.10% |
Stock Price Statistics
The stock price has increased by +19.32% 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 | +19.32% |
| 50-Day Moving Average | 67.10 |
| 200-Day Moving Average | 57.69 |
| Relative Strength Index (RSI) | 42.26 |
| Average Volume (20 Days) | 540,329 |
Short Selling Information
The latest short interest is 4.94 million, so 11.51% of the outstanding shares have been sold short.
| Short Interest | 4.94M |
| Short Previous Month | 4.87M |
| Short % of Shares Out | 11.51% |
| Short % of Float | 11.61% |
| Short Ratio (days to cover) | 12.17 |
Income Statement
In the last 12 months, PRGS had revenue of $715.42 million and earned $82.63 million in profits. Earnings per share was $1.86.
| Revenue | 715.42M |
| Gross Profit | 617.29M |
| Operating Income | 139.90M |
| Pretax Income | 82.86M |
| Net Income | 82.63M |
| EBITDA | 242.88M |
| EBIT | 139.90M |
| Earnings Per Share (EPS) | $1.86 |
Balance Sheet
The company has $232.71 million in cash and $812.75 million in debt, giving a net cash position of -$580.04 million or -$13.52 per share.
| Cash & Cash Equivalents | 232.71M |
| Total Debt | 812.75M |
| Net Cash | -580.04M |
| Net Cash Per Share | -$13.52 |
| Equity (Book Value) | 425.61M |
| Book Value Per Share | 9.92 |
| Working Capital | 73.65M |
Cash Flow
In the last 12 months, operating cash flow was $225.00 million and capital expenditures -$4.72 million, giving a free cash flow of $220.29 million.
| Operating Cash Flow | 225.00M |
| Capital Expenditures | -4.72M |
| Free Cash Flow | 220.29M |
| FCF Per Share | $5.13 |
Margins
Gross margin is 86.28%, with operating and profit margins of 19.55% and 11.55%.
| Gross Margin | 86.28% |
| Operating Margin | 19.55% |
| Pretax Margin | 13.44% |
| Profit Margin | 11.55% |
| EBITDA Margin | 33.95% |
| EBIT Margin | 19.55% |
| FCF Margin | 30.79% |
Dividends & Yields
This stock pays an annual dividend of $0.70, which amounts to a dividend yield of 1.06%.
| Dividend Per Share | $0.70 |
| Dividend Yield | 1.06% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 37.67% |
| Buyback Yield | 0.12% |
| Shareholder Yield | 1.18% |
| Earnings Yield | 2.90% |
| FCF Yield | 7.73% |
Analyst Forecast
The average price target for PRGS is $67.67, which is 1.94% higher than the current price. The consensus rating is "Buy".
| Price Target | $67.67 |
| Price Target Difference | 1.94% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | n/a |
| 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 2.06 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.06 |
| Piotroski F-Score | 5 |