Progress Software Corp PRGS
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News
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Progress Software Corp. Statement regarding a Possible Offer for MariaDB plc
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Progress Announces Advanced AI Capabilities to Accelerate Delivery of Digital Experiences
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More than Half of Global Organizations Plan to Increase Their Investment in “Human-Centered” Software Design in the Next Year, According to Progress Sponsored Research Study
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Progress Software Corp. Announcement under the Irish Takeover Rules
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Progress Releases Corporate Social Responsibility Report for 2023
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Announcement for the Purposes of Rule 2.12 of the Irish Takeover Rules
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Progress Announces First Quarter 2024 Financial Results
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Progress Software Corp. Statement regarding Possible Offer for MariaDB plc
Trading Information
- Previous Close Price
- $50.70
- Day Range
- $50.18–51.10
- 52-Week Range
- $49.00–62.34
- Bid/Ask
- $50.25 / $50.34
- Market Cap
- $2.18 Bil
- Volume/Avg
- 277,693 / 647,345
Key Statistics
- Price/Earnings (Normalized)
- 11.41
- Price/Sales
- 3.15
- Dividend Yield (Trailing)
- 1.37%
- Dividend Yield (Forward)
- 1.37%
- Total Yield
- 2.05%
Company Profile
Progress Software Corporation is a provider of cloud-based security solutions to large-and mid-sized organizations in a wide range of industries. Its product includes OpenEdge; Chef; Developer Tools; Kemp LoadMaster; MOVEit; DataDirect; WhatsUp Gold; Sitefinity; Flowmon and Corticon. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of the firm's revenue is generated in the United States and it also has presence in Canada, the Middle East, and Africa (EMEA), Latin America, and Asia Pacific.
- Sector
- Technology
- Industry
- Software - Infrastructure
- Stock Style Box
- Small Core
- Total Number of Employees
- 2,284
- Website
- https://www.progress.com
Comparables
Valuation
|
Metric
|
PRGS
|
NEWR
|
AKAM
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.41 | 51.80 | 16.37 |
Price/Book Value | 4.76 | 15.95 | 3.34 |
Price/Sales | 3.15 | 6.22 | 4.15 |
Price/Cash Flow | 10.74 | 43.04 | 10.68 |
Price/Earnings
PRGS
NEWR
AKAM
Financial Strength
|
Metric
|
PRGS
|
NEWR
|
AKAM
|
|---|---|---|---|
Quick Ratio | 0.80 | 1.49 | 1.90 |
Current Ratio | 0.95 | 1.58 | 2.16 |
Interest Coverage | 3.31 | −47.77 | 35.30 |
Quick Ratio
PRGS
NEWR
AKAM
Profitability
|
Metric
|
PRGS
|
NEWR
|
AKAM
|
|---|---|---|---|
Return on Assets (Normalized) | 12.35% | 10.17% | 10.83% |
Return on Equity (Normalized) | 44.89% | 34.05% | 22.08% |
Return on Invested Capital (Normalized) | 18.38% | 14.68% | 11.58% |
Return on Assets
PRGS
NEWR
AKAM
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