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Ticker
PRGS

Price
57.46
Stock movement down
-0.24 (-0.42%)
Company name
Progress Software Corporation
Exchange
(NASDAQ
,
Currency
USD
)
Sector
Technology >
Software - Infrastructure
Market cap
2.47B
Ent value
3.43B
Price/Sales
3.45
Price/Book
5.79
Div yield
1.22%
Div growth
4.01%
Growth years
5
FCF payout
14.39%
Trailing P/E
29.84
Forward P/E
10.22
PEG
-
EPS growth
2.69%
1 year return
11.21%
3 year return
7.89%
5 year return
9.42%
10 year return
8.36%
Last updated: 2025-04-15

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share0.70
Dividend yield1.22%
Payout frequencyQuarterly
Maximum yield2.00%
Average yield1.42%
Minimum yield1.00%
Discount to avg yield-16.83%
Upside potential-14.41%
Yield as % of max yield60.88%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield1.22%
Current yield distribution83.17%
Yield at 100% (Min)1.00%
Yield at 90%1.19%
Yield at 80%1.23%
Yield at 50% (Median)1.40%
Yield at 20%1.59%
Yield at 10%1.72%
Yield at 0% (Max)2.00%

Dividend per share

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Dividend per share data
Years of growth5 years
CCC statusDividend Challenger
Dividend per share0.70
Payout frequencyQuarterly
Ex-div date30 Aug 2024
EPS (TTM)1.89
EPS (1y forward)5.62
EPS growth (5y)2.69%
EPS growth (5y forward)-

Dividend growth

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Dividend growth data
PRGSS&P500
DGR MR6.06%-13.74%
DGR TTM-6.60%
DGR 3 years1.47%5.24%
DGR 5 years4.01%5.40%
DGR 10 years-7.07%
DGR 15 years-6.12%
Time since last change announced1659 days
EPS growth (5y)2.69%
EPS growth (5y forward)-

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM38.36%14.39%
Average--
Forward12.45%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E29.84
Price to OCF10.96
Price to FCF11.19
Price to EBITDA10.28
EV to EBITDA14.29

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales3.45
Price to Book5.79
EV to Sales4.79

FINANCIALS

Per share

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Per share data
Current share count42.91M
EPS (TTM)1.89
FCF per share (TTM)5.04

Income statement

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Income statement data
Revenue (TTM)715.42M
Gross profit (TTM)554.11M
Operating income (TTM)133.31M
Net income (TTM)82.63M
EPS (TTM)1.89
EPS (1y forward)5.62

Margins

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Margins data
Gross margin (TTM)77.45%
Operating margin (TTM)18.63%
Profit margin (TTM)11.55%

Balance Sheet

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Balance Sheet data
Cash232.71M
Net receivables122.84M
Total current assets388.56M
Goodwill832.75M
Intangible assets284.71M
Property, plant and equipment25.43M
Total assets1.62B
Accounts payable10.78M
Short/Current long term debt812.75M
Total current liabilities314.91M
Total liabilities1.19B
Shareholder's equity425.61M
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)225.00M
Capital expenditures (TTM)4.72M
Free cash flow (TTM)220.29M
Dividends paid (TTM)31.70M

Financial returns

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Financial returns data
Return on Equity19.41%
Return on Assets5.10%
Return on Invested Capital6.67%
Cash Return on Invested Capital17.78%

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STOCK INFORMATION

Stock chart

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Stock price data
Open58.15
Daily high58.67
Daily low56.75
Daily Volume346K
All-time high69.89
1y analyst estimate73.29
Beta0.92
EPS (TTM)1.89
Dividend per share0.70
Ex-div date30 Aug 2024
Next earnings date23 Jun 2025

Downside potential

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Downside potential data
PRGSS&P500
Current price drop from All-time high-17.79%-12.04%
Highest price drop-67.33%-56.47%
Date of highest drop6 Aug 19969 Mar 2009
Avg drop from high-23.38%-11.07%
Avg time to new high44 days12 days
Max time to new high1465 days1805 days

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

COMPANY DETAILS
PRGS (Progress Software Corporation) company logo
Marketcap
2.47B
Marketcap category
Mid-cap
Description
Progress Software Corporation develops, deploys, and manages business applications in the United States and internationally. 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, an 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; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; MarkLogic, a data agility platform to connect data and metadata; and Semaphore, a Semantic AI platform. The company offers project management, implementation, custom software 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, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
Employees
2284
Investor relations
-
SEC filings
CEO
Yogesh K. Gupta
Country
USA
City
Bedford
Stock type
Common stock
CCC status
Dividend Challenger
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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