PRGS - Progress Software Corp Stock Price, Fair Value and News

51.63USD+0.20 (+0.39%)Market Closed

Market Summary

USD51.63+0.20

Market Closed

0.39%

PRGS Alerts

2 major insider sales recently.

PRGS Stock Price

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PRGS RSI Chart

PRGS Valuation

Market Cap

2.2B

Price/Earnings (Trailing)

32.26

Price/Sales (Trailing)

3.12

EV/EBITDA

21.16

Price/Free Cashflow

11.61

PRGS Price/Sales (Trailing)

PRGS Profitability

Operating Margin

81.37%

EBT Margin

10.82%

Return on Equity

14.98%

Return on Assets

4.47%

Free Cashflow Yield

8.61%

PRGS Fundamentals

PRGS Revenue

Revenue (TTM)

714.9M

Rev. Growth (Yr)

12.46%

Rev. Growth (Qtr)

4.36%

PRGS Earnings

Earnings (TTM)

69.2M

Earnings Growth (Yr)

-4.37%

Earnings Growth (Qtr)

47.63%

Breaking Down PRGS Revenue

Last 7 days

2.1%

Last 30 days

-2.1%

Last 90 days

-12.4%

Trailing 12 Months

-5.8%

How does PRGS drawdown profile look like?

PRGS Financial Health

Current Ratio

0.95

Debt/Equity

0.77

Debt/Cashflow

0.56

PRGS Investor Care

Dividend Yield

1.36%

Dividend/Share (TTM)

0.7

Buy Backs (1Y)

0.21%

Diluted EPS (TTM)

1.55

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	714.9M	0	0	0
2023	621.3M	650.8M	674.6M	694.4M
2022	555.0M	581.2M	585.0M	602.0M
2021	453.7M	475.9M	513.6M	531.3M
2020	433.4M	433.8M	436.8M	442.1M
2019	373.1M	380.3M	394.4M	413.3M
2018	402.0M	401.7M	397.0M	379.0M
2017	406.8M	403.9M	399.2M	397.6M
2016	385.7M	393.0M	400.3M	405.3M
2015	339.4M	347.4M	362.7M	377.6M
2014	324.8M	323.9M	325.6M	332.5M
2013	318.9M	326.5M	329.7M	334.0M
2012	355.7M	338.8M	324.5M	317.6M
2011	489.1M	452.4M	412.3M	360.7M
2010	502.9M	511.6M	520.4M	529.1M
2009	0	0	504.8M	494.1M
2008	0	0	0	515.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Progress Software Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 11, 2024	krall david	sold	-1,020,000	51.00	-20,000	-
Apr 02, 2024	pitt ian	sold	-66,895	52.14	-1,283	chief information officer
Apr 01, 2024	jarrett loren	sold (taxes)	-82,845	52.97	-1,564	evp/gm digital experience
Apr 01, 2024	gupta yogesh k	sold	-2,669,600	52.5429	-50,808	chief executive officer
Apr 01, 2024	ainsworth john	sold (taxes)	-75,959	52.97	-1,434	evp/gm app & data platform
Apr 01, 2024	wang yufan stephanie	sold (taxes)	-39,780	52.97	-751	chief legal officer
Apr 01, 2024	pitt ian	sold (taxes)	-29,716	52.97	-561	chief information officer
Apr 01, 2024	lococo domenic	acquired	-	-	1,554	chief accounting officer
Apr 01, 2024	kulikoski kathryn	acquired	-	-	2,316	chief people officer
Apr 01, 2024	jarrett loren	acquired	-	-	3,230	evp/gm digital experience

Which funds bought or sold PRGS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	FIFTH THIRD BANCORP	unchanged	-	-206	11,088	-%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	-9.00	2,330	-%
Apr 23, 2024	LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA	unchanged	-	-10,116	92,142	-%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-0.46	-26,913	1,156,830	0.02%
Apr 23, 2024	RICE HALL JAMES & ASSOCIATES, LLC	reduced	-10.74	-936,757	6,635,980	0.38%
Apr 23, 2024	AMALGAMATED BANK	reduced	-25.88	-275,000	734,000	0.01%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	39,485	1,246,510	0.01%
Apr 22, 2024	Boston Trust Walden Corp	added	4.27	2,191,710	94,561,100	0.68%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	reduced	-1.81	-105,891	2,835,550	-%
Apr 19, 2024	Legacy Wealth Asset Management, LLC	added	0.36	-4,916	329,083	0.09%

Are Funds Buying or Selling PRGS?

Are funds buying PRGS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PRGS

No. of Funds

PRGS Alerts

2 major insider sales recently.

Unveiling Progress Software Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.70%	5,534,242	SC 13G/A
Jan 22, 2024	blackrock inc.	16.5%	7,202,708	SC 13G/A
Feb 13, 2023	blackrock inc.	17.2%	7,566,013	SC 13G/A
Feb 09, 2023	vanguard group inc	11.66%	5,012,970	SC 13G/A
Jan 23, 2023	blackrock inc.	17.2%	7,378,311	SC 13G/A
Feb 10, 2022	vanguard group inc	11.09%	4,861,203	SC 13G/A
Feb 10, 2022	renaissance technologies llc	3.05%	1,346,581	SC 13G/A
Jan 27, 2022	blackrock inc.	18.6%	8,136,361	SC 13G/A
Jan 25, 2022	blackrock inc.	18.6%	8,136,361	SC 13G/A
Feb 10, 2021	renaissance technologies llc	5.26%	2,370,990	SC 13G

Recent SEC filings of Progress Software Corp

View All Filings

Date Filed	Form Type	Document
Apr 15, 2024	4	Insider Trading
Apr 08, 2024	10-Q	Quarterly Report
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading

Peers (Alternatives to Progress Software Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	267.9B	34.9B	-9.76%	44.85%	64.77	7.69	11.18%	1888.46%
UBER	144.0B	37.3B	-12.69%	134.30%	76.29	3.86	16.95%	120.64%
ADSK	46.0B	5.3B	-17.80%	13.03%	50.15	8.6	9.15%	48.14%
ANSS	28.6B	2.3B	-5.45%	5.08%	57.14	12.6	9.90%	-4.45%
ZM	18.5B	4.5B	-7.59%	-2.22%	29.09	4.1	3.06%	514.65%
MID-CAP
APPF	7.7B	620.4M	-4.68%	73.46%	2.8K	12.4	31.48%	103.97%
LYFT	6.3B	4.4B	-16.29%	64.06%	-18.5	1.43	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.3B	881.7M	-10.14%	39.53%	40.9	3.73	4.64%	44.42%
AI	2.7B	296.4M	-19.15%	26.29%	-9.91	9.08	11.14%	-3.59%
AGYS	2.3B	228.1M	7.49%	5.34%	26.28	10.06	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	195.9M	572.4M	-25.29%	-83.99%	-0.99	0.34	-19.38%	-489.49%
ASUR	183.8M	119.1M	-11.11%	-46.78%	-19.95	1.54	24.27%	36.31%
AEYE	169.3M	31.3M	32.60%	141.33%	-28.84	5.41	4.69%	43.72%

Progress Software Corp News

Latest updates

Progress Software Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	4.4%	185	177	175	178	164	157	151	149	145	140	147	122	121	122	110	100	110	117	107	100	90.00
Cost Of Revenue	-2.5%	33.00	34.00	33.00	34.00	26.00	24.00	24.00	24.00	23.00	21.00	20.00	19.00	18.00	18.00	15.00	14.00	15.00	21.00	21.00	18.00	16.00
Gross Profit	6.0%	152	143	142	144	138	134	127	125	122	119	127	103	103	104	95.00	86.00	95.00	96.00	86.00	82.00	74.00
Operating Expenses	-3.2%	117	121	113	121	102	103	95.00	85.00	92.00	99.00	81.00	81.00	76.00	86.00	62.00	61.00	64.00	102	70.00	68.00	58.00
S&GA Expenses	-10.2%	39.00	44.00	39.00	40.00	34.00	40.00	35.00	33.00	33.00	37.00	30.00	29.00	29.00	32.00	22.00	22.00	24.00	29.00	25.00	25.00	22.00
EBITDA Margin	-3.5%	0.16*	0.17*	0.19*	0.20*	0.23*	0.23*	0.22*	0.24*	0.22*	0.23*	0.23*	0.22*	-	-	-	-	-	-	-	-	-
Interest Expenses	-6.9%	7.00	8.00	9.00	9.00	6.00	4.00	4.00	4.00	4.00	6.00	7.00	5.00	3.00	2.00	2.00	3.00	3.00	3.00	3.00	2.00	1.00
Income Taxes	527.2%	5.00	-1.16	2.00	3.00	6.00	3.00	6.00	8.00	5.00	-0.73	9.00	4.00	6.00	-1.03	6.00	5.00	6.00	-4.84	-1.31	4.00	4.00
Earnings Before Taxes	94.8%	28.00	14.00	21.00	15.00	30.00	27.00	28.00	37.00	26.00	14.00	40.00	17.00	25.00	17.00	30.00	22.00	27.00	-9.58	12.00	12.00	13.00
EBT Margin	-5.7%	0.11*	0.11*	0.14*	0.15*	0.20*	0.19*	0.18*	0.20*	0.17*	0.18*	0.19*	0.19*	-	-	-	-	-	-	-	-	-
Net Income	47.6%	23.00	15.00	19.00	12.00	24.00	24.00	22.00	29.00	20.00	15.00	31.00	14.00	19.00	18.00	24.00	17.00	21.00	-4.74	14.00	8.00	9.00
Net Income Margin	-4.3%	0.10*	0.10*	0.12*	0.12*	0.16*	0.16*	0.15*	0.16*	0.14*	0.15*	0.16*	0.16*	-	-	-	-	-	-	-	-	-
Free Cashflow	128.1%	70.00	31.00	45.00	46.00	46.00	37.00	39.00	67.00	43.00	42.00	35.00	54.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-3.4%	1,548	1,603	1,597	1,602	1,644	1,411	1,346	1,355	1,353	1,364	1,275	1,240	1,027	1,042	919	896	890	881	860	830	616
Current Assets	-10.1%	297	331	303	281	293	426	364	356	343	338	509	471	239	239	320	291	275	285	236	204	216
Cash Equivalents	4.9%	133	127	138	126	108	256	224	225	172	155	380	357	108	98.00	221	193	161	154	124	103	107
Net PPE	-7.5%	14.00	15.00	16.00	15.00	15.00	15.00	13.00	14.00	14.00	14.00	29.00	29.00	30.00	30.00	28.00	28.00	29.00	30.00	32.00	33.00	29.00
Goodwill	0.1%	833	832	826	826	812	671	673	673	673	671	491	492	492	492	432	117	433	433	433	433	-
Current Liabilities	-11.3%	312	352	325	323	337	318	280	284	284	323	272	266	266	263	228	225	231	241	215	204	182
Long Term Debt	0.2%	355	355	354	354	353	353	352	352	351	295	291	288	344	-	271	277	280	284	288	291	108
LT Debt, Current	-100.0%	-	13.00	11.00	10.00	8.00	6.00	6.00	6.00	6.00	26.00	24.00	22.00	20.00	18.00	16.00	14.00	13.00	11.00	9.00	7.00	7.00
LT Debt, Non Current	-100.0%	-	355	354	354	353	353	352	352	351	295	291	288	344	-	271	277	280	284	288	291	108
Shareholder's Equity	0.4%	462	460	445	419	413	399	367	372	368	412	397	366	353	346	368	340	328	330	333	315	307
Retained Earnings	2.1%	123	121	115	104	108	102	87.00	94.00	94.00	90.00	83.00	60.00	71.00	73.00	90.00	74.00	64.00	64.00	76.00	62.00	60.00
Additional Paid-In Capital	0.5%	372	371	361	347	338	332	319	310	303	354	-	-	-	306	-	-	-	296	-	-	-
Shares Outstanding	-0.2%	44.00	44.00	44.00	43.00	43.00	43.00	43.00	44.00	44.00	44.00	44.00	44.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	2,565	-	-	-	2,068	-	-	-	1,927	-	-	-	1,786	-	-	-	1,812	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	112.6%	70,504	33,161	46,041	47,951	46,767	40,137	39,670	68,260	44,093	43,928	35,224	54,690	44,688	42,762	31,112	37,957	33,016	36,601	26,765	40,674	24,444
Share Based Compensation	19.6%	12,464	10,418	10,072	10,287	9,752	10,984	8,639	9,357	8,114	7,739	6,839	8,362	6,784	6,123	5,685	5,623	6,051	5,900	5,489	6,116	5,806
Cashflow From Investing	87.1%	-309	-2,389	-366	13,441	-371,068	-2,254	-673	25,450	-531	-254,074	1,075	400	2,264	-213,766	-812	4,925	2,360	-278	3,171	-218,432	7,159
Cashflow From Financing	-47.7%	-62,415	-42,258	-35,510	-45,842	174,798	-7,890	-30,935	-34,567	-28,031	-10,835	-10,477	192,449	-39,024	48,008	-9,673	-8,201	-27,054	-8,545	-6,769	177,251	-31,645
Dividend Payments	-100.0%	-	7,885	7,798	7,848	8,023	7,712	7,778	7,789	7,784	8,189	7,755	7,763	7,854	7,542	7,452	7,438	7,468	6,941	6,933	6,894	6,992
Buy Backs	467.9%	22,500	3,962	-	15,000	15,000	1,504	24,051	26,500	25,000	-	-	20,000	15,000	40,000	-	-	20,000	-	-	-	25,000

PRGS Income Statement

2024-02-29

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Feb. 29, 2024	Feb. 28, 2023
Revenue:
Total revenue	$ 184,685	$ 164,226
Costs of revenue:
Amortization of acquired intangibles	7,859	6,264
Total costs of revenue	32,809	26,217
Gross profit	151,876	138,009
Operating expenses:
Sales and marketing	39,111	33,754
Product development	34,988	30,438
General and administrative	21,344	18,786
Amortization of acquired intangibles	17,389	13,611
Cyber incident and vulnerability response expenses, net	987	2,692
Restructuring expenses	2,349	1,397
Acquisition-related expenses	702	1,743
Total operating expenses	116,870	102,421
Income from operations	35,006	35,588
Other (expense) income:
Interest expense	(7,344)	(5,848)
Interest income and other, net	624	515
Foreign currency loss, net	(679)	(331)
Total other expense, net	(7,399)	(5,664)
Income before income taxes	27,607	29,924
Provision for income taxes	4,968	6,250
Net income	$ 22,639	$ 23,674
Earnings per share:
Basic (in dollars per share)	$ 0.52	$ 0.55
Diluted (in dollars per share)	$ 0.51	$ 0.53
Weighted average shares outstanding:
Basic (in shares)	43,802	43,300
Diluted (in shares)	44,826	44,353
Cash dividends declared per common share (in dollars per share)	$ 0.175	$ 0.175
Software licenses
Revenue:
Total revenue	$ 64,100	$ 57,568
Costs of revenue:
Cost of revenue	2,731	2,452
Maintenance and services
Revenue:
Total revenue	120,585	106,658
Costs of revenue:
Cost of revenue	$ 22,219	$ 17,501

PRGS Balance Sheet

2024-02-29

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 29, 2024	Nov. 30, 2023
Current assets:
Cash and cash equivalents	$ 133,222	$ 126,958
Accounts receivable (less allowances of $1,311 and $851, respectively)	88,811	125,825
Unbilled receivables	29,175	29,965
Other current assets	46,048	48,040
Total current assets	297,256	330,788
Long-term unbilled receivables	33,641	28,373
Property and equipment, net	14,081	15,225
Intangible assets, net	328,009	354,278
Goodwill	832,806	832,101
Right-of-use lease assets	15,318	18,711
Deferred tax assets	19,271	15,052
Other assets	7,387	8,255
Total assets	1,547,769	1,602,783
Current liabilities:
Current portion of long-term debt, net	0	13,109
Accounts payable	9,921	12,371
Accrued compensation and related taxes	33,421	49,559
Dividends payable to stockholders	8,435	8,376
Short-term operating lease liabilities	9,821	10,114
Other accrued liabilities	18,044	22,499
Short-term deferred revenue, net	232,566	236,090
Total current liabilities	312,208	352,118
Long-term debt, net	335,943	356,111
Convertible senior notes, net	355,319	354,772
Long-term operating lease liabilities	11,208	13,000
Long-term deferred revenue, net	63,567	58,946
Deferred tax liabilities	3,628	3,574
Other noncurrent liabilities	4,153	4,547
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.01 par value; authorized, 10,000,000 shares; issued, none	0	0
Common stock, $0.01 par value; authorized, 200,000,000 shares; issued and outstanding, 43,689,037 shares in 2024 and 43,795,955 shares in 2023	437	438
Additional paid-in capital	372,273	370,579
Retained earnings	123,429	120,858
Accumulated other comprehensive loss	(34,396)	(32,160)
Total stockholders’ equity	461,743	459,715
Total liabilities and stockholders’ equity	$ 1,547,769	$ 1,602,783

About Progress Software Corp

Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, an application development platform for running business-critical applications; Chef, a DevOps/DevSecOps automation software; Developer Tools that consists of software development tooling collection including .NET and JavaScript UI components for web, desktop and mobile applications, reporting and report management tools, and automated testing and mocking tools; Kemp LoadMaster, a flexible application delivery and security product offering cloud-native, and virtual and hardware load balancers; and Sitefinity, a digital experience platform foundation delivering intelligent and ROI-driving tools for marketers. It also provides MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit, DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data and SaaS data sources; WhatsUp Gold, a network infrastructure monitoring software providing complete visibility of all network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems; Flowmon, a network security and visibility product with automated response across hybrid cloud ecosystems; and Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules. Further, the company offers project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

CEO	Mr. Yogesh K. Gupta
WEBSITE	progress.com
INDUSTRY	Software - Apps
EMPLOYEES	2071

Progress Software Corp Frequently Asked Questions

What is the ticker symbol for Progress Software Corp? What does PRGS stand for in stocks?

PRGS is the stock ticker symbol of Progress Software Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Progress Software Corp (PRGS)?

As of Wed Apr 24 2024, market cap of Progress Software Corp is 2.23 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PRGS stock?

You can check PRGS's fair value in chart for subscribers.

What is the fair value of PRGS stock?

You can check PRGS's fair value in chart for subscribers. The fair value of Progress Software Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Progress Software Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PRGS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Progress Software Corp a good stock to buy?

The fair value guage provides a quick view whether PRGS is over valued or under valued. Whether Progress Software Corp is cheap or expensive depends on the assumptions which impact Progress Software Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PRGS.

What is Progress Software Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, PRGS's PE ratio (Price to Earnings) is 32.26 and Price to Sales (PS) ratio is 3.12. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PRGS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Progress Software Corp's stock?

In the past 10 years, Progress Software Corp has provided 0.099 (multiply by 100 for percentage) rate of return.