Last 7 days
0.0%
Last 30 days
0.4%
Last 90 days
14.4%
Trailing 12 Months
29.5%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MSFT | 2.1T | 204.1B | 11.55% | -7.07% | 30.98 | 10.24 | 10.38% | -5.25% |
ORCL | 237.2B | 46.1B | 1.96% | 8.47% | 26.96 | 5.15 | 11.29% | -14.28% |
CRM | 189.5B | 31.4B | 16.34% | -11.18% | 911.01 | 6.04 | 19.41% | -85.60% |
ADBE | 173.2B | 17.6B | 7.52% | -13.23% | 36.42 | 9.84 | 11.54% | -1.37% |
ZM | 20.4B | 4.4B | -5.93% | -41.37% | 196.74 | 4.64 | 7.15% | -92.46% |
AZPN | 12.1B | - | -7.60% | 30.28% | 44.35 | 17.39 | - | - |
MID-CAP | ||||||||
PLAN | 9.6B | 631.5M | -1.97% | 16.85% | -45.68 | 15.19 | 33.30% | -26.60% |
MANH | 9.2B | 767.1M | 3.22% | 4.63% | 71.04 | 11.94 | 15.59% | 16.73% |
GWRE | 6.4B | 869.9M | 7.80% | -18.19% | -32.37 | 7.38 | 13.87% | -103.37% |
APPN | 2.9B | 468.0M | -7.97% | -36.63% | -19.31 | 6.23 | 26.74% | -70.26% |
PING | 2.4B | 308.3M | 1.17% | 7.67% | -23.16 | 7.93 | 13.75% | -237.98% |
SMALL-CAP | ||||||||
ZUO | 1.2B | 383.7M | 7.01% | -39.43% | -9.85 | 3.22 | 14.43% | -50.89% |
YEXT | 1.1B | 399.9M | 31.21% | 29.01% | -13.97 | 2.84 | 4.73% | 8.15% |
UPLD | 136.0M | 317.3M | -51.83% | -75.83% | -1.99 | 0.43 | 5.06% | -17.52% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 2.9% | 602 | 585 | 581 | 555 | 531 |
Gross Profit | 3.0% | 508 | 493 | 493 | 471 | 453 |
Operating Expenses | 1.2% | 375 | 371 | 357 | 353 | 337 |
S&GA Expenses | 1.9% | 141 | 138 | 133 | 130 | 126 |
EBITDA | 8.3% | 138 | 127 | 142 | - | - |
EBITDA Margin | 5.2% | 0.23* | 0.22* | 0.24* | - | - |
Earnings Before Taxes | 12.0% | 117 | 105 | 117 | 97.00 | 96.00 |
EBT Margin | 8.9% | 0.19* | 0.18* | 0.20* | - | - |
Interest Expenses | -11.2% | 16.00 | 18.00 | 20.00 | 21.00 | 20.00 |
Net Income | 10.2% | 95.00 | 86.00 | 95.00 | 80.00 | 78.00 |
Net Income Margin | 7.1% | 0.16* | 0.15* | 0.16* | - | - |
Free Cahsflow | -2.6% | 186 | 191 | 187 | - | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 4.8% | 1,411 | 1,346 | 1,355 | 1,353 | 1,364 |
Current Assets | 16.9% | 426 | 364 | 356 | 343 | 338 |
Cash Equivalents | 14.4% | 256 | 224 | 225 | 172 | 155 |
Net PPE | 11.3% | 15.00 | 13.00 | 14.00 | 14.00 | 14.00 |
Goodwill | -0.3% | 671 | 673 | 673 | 673 | 671 |
Current Liabilities | 13.7% | 318 | 280 | 284 | 284 | 323 |
LT Debt, Current | 0% | 6.00 | 6.00 | 6.00 | 6.00 | 26.00 |
Shareholder's Equity | 8.6% | 399 | 367 | 372 | 368 | 412 |
Retained Earnings | 17.5% | 102 | 87.00 | 94.00 | 94.00 | 90.00 |
Additional Paid-In Capital | 4.1% | 332 | 319 | 310 | 303 | 354 |
Shares Outstanding | 0.6% | 43.00 | 43.00 | 43.00 | 44.00 | 44.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | -1.9% | 192 | 196 | 192 | 178 | 179 |
Share Based Compensation | 9.6% | 37.00 | 34.00 | 32.00 | 31.00 | 30.00 |
Cashflow From Investing | 109.6% | 22.00 | -229 | -228 | -253 | -250 |
Cashflow From Financing | 2.8% | -101 | -104 | -83.91 | 143 | 132 |
Dividend Payments | -1.5% | 31.00 | 32.00 | 32.00 | 31.00 | 32.00 |
Buy Backs | 2.0% | 77.00 | 76.00 | 51.00 | 45.00 | 35.00 |
48.1%
27.3%
0%
Y-axis is the maximum loss one would have experienced if Progress Software was unfortunately bought at previous high price.
10.8%
14.7%
9.4%
22.2%
FIve years rolling returns for Progress Software.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -30.9 | -7,116,430 | 32,278,600 | 0.04% |
2023-03-06 | Rockefeller Capital Management L.P. | unchanged | - | 2,000 | 11,000 | -% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 90,810 | 90,810 | -% |
2023-02-28 | Voya Investment Management LLC | reduced | -6.29 | 87,619 | 876,619 | -% |
2023-02-24 | NATIXIS | added | 102 | 21,510,500 | 36,828,500 | 0.21% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | 107,000 | 679,000 | 0.01% |
2023-02-21 | MACQUARIE GROUP LTD | sold off | -100 | -85,000 | - | -% |
2023-02-21 | Empowered Funds, LLC | sold off | -100 | -373,000 | - | -% |
2023-02-17 | TRUIST FINANCIAL CORP | new | - | 228,912 | 228,912 | -% |
2023-02-16 | CHARTWELL INVESTMENT PARTNERS, LLC | reduced | -1.4 | 1,634,000 | 11,301,000 | 0.45% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | |
Feb 10, 2021 | vanguard group inc | 10.73% | 4,837,743 | SC 13G/A | |
Jan 25, 2021 | blackrock inc. | 16.2% | 7,298,629 | SC 13G |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 24.77 -57.10% | 34.89 -39.57% | 48.31 -16.33% | 66.46 15.10% | 99.90 73.02% |
Current Inflation | 22.79 -60.53% | 31.46 -45.51% | 42.72 -26.01% | 57.91 0.29% | 85.95 48.86% |
Very High Inflation | 20.35 -64.76% | 27.32 -52.68% | 36.15 -37.39% | 48.04 -16.80% | 70.03 21.29% |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 13, 2023 | 8-K | Current Report | |
Feb 17, 2023 | 4 | Insider Trading | |
Feb 13, 2023 | SC 13G/A | Major Ownership Report | |
Feb 09, 2023 | 4 | Insider Trading | |
Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
Feb 08, 2023 | 4 | Insider Trading | |
Feb 07, 2023 | 4 | Insider Trading | |
Feb 07, 2023 | 8-K | Current Report | |
Feb 03, 2023 | 4 | Insider Trading | |
Feb 03, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-02-15 | LoCoco Domenic | sold | -9,043 | 57.97 | -156 | chief accounting officer |
2023-02-07 | Subramanian Sundar | sold | -50,750 | 58.00 | -875 | evp/gm infrastructure mgmt |
2023-02-06 | Jarrett Loren | sold | -258,744 | 55.8962 | -4,629 | evp/gm digital experience |
2023-02-03 | Pitt Ian | acquired | 167,321 | 48.4707 | 3,452 | chief information officer |
2023-02-03 | Pitt Ian | sold | -225,564 | 56.8171 | -3,970 | chief information officer |
2023-02-02 | Gupta Yogesh K | sold | -616,811 | 55.9111 | -11,032 | chief executive officer |
2023-02-02 | SEGAL JEREMY | sold | -653,284 | 55.9462 | -11,677 | evp, corporate development |
2023-02-02 | FOLGER ANTHONY | sold | -278,488 | 55.6975 | -5,000 | chief financial officer |
2023-02-01 | SEGAL JEREMY | sold | -631,663 | 53.4402 | -11,820 | evp, corporate development |
2023-02-01 | Subramanian Sundar | sold (taxes) | -233,614 | 53.94 | -4,331 | evp/gm infrastructure mgmt |
Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Nov. 30, 2022 | Nov. 30, 2021 | Nov. 30, 2020 | |
Revenue: | |||
Total revenue | $ 602,013 | $ 531,313 | $ 442,150 |
Costs of revenue: | |||
Amortization of acquired intangibles | 22,076 | 14,936 | 7,897 |
Total costs of revenue | 94,496 | 78,449 | 62,114 |
Gross profit | 507,517 | 452,864 | 380,036 |
Operating expenses: | |||
Sales and marketing | 140,760 | 125,890 | 100,113 |
Product development | 114,568 | 103,338 | 88,599 |
General and administrative | 77,876 | 65,128 | 54,004 |
Amortization of acquired intangibles | 46,868 | 31,996 | 20,049 |
Restructuring expenses | 879 | 6,308 | 5,906 |
Acquisition-related expenses | 4,603 | 4,102 | 3,637 |
Cyber incident | 602 | 0 | 0 |
Gain on sale of assets held for sale | (10,770) | 0 | 0 |
Total operating expenses | 375,386 | 336,762 | 272,308 |
Income from operations | 132,131 | 116,102 | 107,728 |
Other (expense) income: | |||
Interest expense | (15,790) | (20,045) | (10,170) |
Interest income and other, net | 1,414 | 777 | 1,495 |
Foreign currency loss, net | (500) | (1,300) | (2,418) |
Total other expense, net | (14,876) | (20,568) | (11,093) |
Income before income taxes | 117,255 | 95,534 | 96,635 |
Provision for income taxes | 22,186 | 17,114 | 16,913 |
Net income | $ 95,069 | $ 78,420 | $ 79,722 |
Earnings per share: | |||
Basic (in dollars per share) | $ 2.19 | $ 1.79 | $ 1.78 |
Diluted (in dollars per share) | $ 2.15 | $ 1.76 | $ 1.76 |
Weighted average shares outstanding: | |||
Basic (in shares) | 43,475 | 43,916 | 44,886 |
Diluted (in shares) | 44,247 | 44,620 | 45,321 |
Cash dividends declared per common share (in dollars per share) | $ 0.70 | $ 0.70 | $ 0.67 |
Software licenses | |||
Revenue: | |||
Total revenue | $ 188,336 | $ 156,590 | $ 115,249 |
Costs of revenue: | |||
Costs of revenue | 10,243 | 5,271 | 4,473 |
Maintenance and services | |||
Revenue: | |||
Total revenue | 413,677 | 374,723 | 326,901 |
Costs of revenue: | |||
Costs of revenue | $ 62,177 | $ 58,242 | $ 49,744 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Nov. 30, 2022 | Nov. 30, 2021 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 256,277 | $ 155,406 |
Short-term investments | 0 | 1,967 |
Total cash, cash equivalents and short-term investments | 256,277 | 157,373 |
Accounts receivable (less allowances of $859 in 2022 and $634 in 2021) | 97,834 | 99,815 |
Unbilled receivables and contract assets, net | 29,158 | 25,816 |
Other current assets | 42,784 | 39,549 |
Assets held for sale | 0 | 15,255 |
Total current assets | 426,053 | 337,808 |
Long-term unbilled receivables and contract assets, net | 39,936 | 17,464 |
Property and equipment, net | 14,927 | 14,345 |
Intangible assets, net | 217,355 | 287,185 |
Goodwill | 671,037 | 671,152 |
Right-of-use lease assets | 17,574 | 25,253 |
Deferred tax assets | 11,765 | 1,415 |
Other assets | 12,832 | 8,915 |
Total assets | 1,411,479 | 1,363,537 |
Current liabilities: | ||
Current portion of long-term debt, net | 6,234 | 25,767 |
Accounts payable | 9,282 | 9,683 |
Accrued compensation and related taxes | 42,467 | 47,116 |
Dividends payable to stockholders | 8,115 | 7,925 |
Short-term operating lease liabilities | 7,471 | 7,926 |
Other accrued liabilities | 16,765 | 19,491 |
Short-term deferred revenue, net | 227,670 | 205,021 |
Total current liabilities | 318,004 | 322,929 |
Long-term debt, net | 259,220 | 239,992 |
Convertible senior notes, net | 352,625 | 294,535 |
Long-term operating lease liabilities | 15,041 | 23,130 |
Long-term deferred revenue, net | 54,770 | 47,359 |
Deferred tax liabilities | 4,628 | 14,163 |
Other noncurrent liabilities | 8,687 | 8,940 |
Commitments and contingencies (Note 11) | ||
Stockholders’ equity: | ||
Preferred stock, $0.01 par value; authorized, 10,000,000 shares; issued, none | 0 | 0 |
Common stock, $0.01 par value, and additional paid-in capital; authorized, 200,000,000 shares; issued and outstanding, 43,257,008 shares in 2022 and 44,146,193 shares in 2021 | 433 | 441 |
Additional paid-in capital | 331,650 | 354,235 |
Retained earnings | 101,656 | 90,256 |
Accumulated other comprehensive loss | (35,235) | (32,443) |
Total stockholders’ equity | 398,504 | 412,489 |
Total liabilities and stockholders’ equity | $ 1,411,479 | $ 1,363,537 |