Stock Scorecard



Stock Summary for Progress Software Corp (PRGS) - $50.70 as of 4/26/2024 3:39:44 PM EST

Total Score

8 out of 29

Currently on the following lists
None
Tim's Recommendation
Avoid

Growth List Algorithm Criteria for PRGS

Positive earnings growth
P/E ratio less than Industry P/E Ratio
P/E ratio less than Sector P/E Ratio
P/E ratio that is half the growth rate (or less)
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Positive net income past year and 12 trailing months
Free cash flow ratio greater than 0 and less than 10

Small Cap List Algorithm Criteria for PRGS

Revenue growing by at least 20% average per year over the last 5 years
Market Capitalization under 2 billion
Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months
Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months
Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year

Dividend List Algorithm Criteria for PRGS

Declared an ex-dividend date
Forward annual dividend rate greater than 2
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Current ratio most recent quarter greater than 2

Bonus Criteria for PRGS

P/E ratio less than five-year Average P/E ratio
Last Price to 52 Week Low Ratio Less Than 1
Total Cash Per Share > Last Day Price
P/S Ratio < 1
P/B Ratio < 1

Latest News for for PRGS

Progress Software Corp. Statement regarding a Possible Offer for MariaDB plc - MariaDB ( NYSE:MRDB ) , Progress Software ( NASDAQ:PRGS ) 4/19/2024 1:15:00 PM
Progress Software Corp. Statement regarding a Possible Offer for MariaDB plc 4/19/2024 1:15:00 PM
Platform-as-a-Service (PaaS) Market size is set to grow by USD 80.82 billion from 2023-2027, Alphabet Inc., Amazon ... - PR Newswire 4/17/2024 10:05:00 PM
Director At Progress Software Sells $1.02M Of Stock - Progress Software ( NASDAQ:PRGS ) 4/16/2024 3:00:00 PM
Progress Software ( NASDAQ:PRGS ) Upgraded to Strong-Buy by StockNews.com 4/11/2024 8:32:00 AM
Progress Announces Advanced AI Capabilities to Accelerate Delivery of Digital Experiences 4/10/2024 1:00:00 PM
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 4/9/2024 1:00:00 PM
Progress Software Corp. Announcement under the Irish Takeover Rules - Progress Software ( NASDAQ:PRGS ) 4/5/2024 1:15:00 PM
Progress Software Corp. Announcement under the Irish Takeover Rules 4/5/2024 1:15:00 PM
Announcement for the Purposes of Rule 2.12 of the Irish Takeover Rules 3/27/2024 8:22:00 PM

Financial Details for PRGS

Company Overview

Ticker PRGS
Company Name Progress Software Corp
Country USA
Description Progress Software Corporation develops business applications. The company is headquartered in Bedford, Massachusetts.
Sector Name TECHNOLOGY
Industry Name SERVICES-PREPACKAGED SOFTWARE
Most Recent Quarter 2/29/2024
Next Earnings Date 6/27/2024

Stock Price History

Last Day Price 50.70
Last Day Price Updated 4/26/2024 3:39:44 PM EST
Last Day Volume 0
Average Daily Volume 659,188
52-Week High 61.75
52-Week Low 48.70
Last Price to 52 Week Low 4.11%

Valuation Measures

Trailing PE 32.48
Industry PE 252.63
Sector PE 74.39
5-Year Average PE 18.47
Free Cash Flow Ratio 16.46
Industry Free Cash Flow Ratio 38.59
Sector Free Cash Flow Ratio 28.82
Current Ratio Most Recent Quarter 0.95
Total Cash Per Share 3.08
Book Value Per Share Most Recent Quarter 10.57
Price to Book Ratio 4.77
Industry Price to Book Ratio 10.27
Sector Price to Book Ratio 14.93
Price to Sales Ratio Twelve Trailing Months 3.08
Industry Price to Sales Ratio Twelve Trailing Months 7.82
Sector Price to Sales Ratio Twelve Trailing Months 4.69

Share Statistics

Total Shares Outstanding 43,218,100
Market Capitalization 2,191,157,670
Institutional Ownership N/A

Dividends

Ex-Dividend Date 6/3/2024
Last Dividend Amount 0.18
Current Dividend Amount 0.18
Dividend Aristocrat? False
Trailing Annual Dividend Rate 0.88
Trailing Annual Dividend Yield 1.74%
Forward Annual Dividend Rate 0.90
Forward Annual Dividend Yield 1.78%
5-Year Dividend Payments Count 21
3-Year Average Dividend Yield 1.38%
5-Year Average Dividend Yield 1.43%
1-Year Dividend Growth Rate Percentage 0.00%
3-Year Dividend Growth Rate Percentage 0.00%
5-Year Dividend Growth Rate Percentage 2.67%
All-Time Dividend Growth Rate Percentage 27.90%
Dividend Payout Ratio 56.45%

Income Statement

Quarterly Earnings Growth YOY -3.80%
Annual Earnings Growth -26.16%
Reported EPS 12 Trailing Months 1.55
Reported EPS Past Year 1.25
Reported EPS Prior Year 4.35
Net Income Twelve Trailing Months 69,162,000
Net Income Past Year 70,197,000
Net Income Prior Year 95,069,000
Quarterly Revenue Growth YOY 12.50%
5-Year Revenue Growth 12.88%

Balance Sheet

Total Cash Most Recent Quarter 133,222,000
Total Cash Past Year 126,958,000
Total Cash Prior Year 256,277,000
Net Cash Position Most Recent Quarter -558,040,000
Net Cash Position Past Year -2,039,167,000
Long Term Debt Past Year 2,166,125,000
Long Term Debt Prior Year 1,858,049,000
Total Debt Most Recent Quarter 691,262,000
Equity to Debt Ratio Past Year 0.18
Equity to Debt Ratio Most Recent Quarter 0.40
Total Stockholder Equity Past Year 459,715,000
Total Stockholder Equity Prior Year 398,504,000
Total Stockholder Equity Most Recent Quarter 461,743,000

Options

Put/Call Ratio 0.14
Has Options Options Chain
Liquidity Rating

Technical Analysis

Yahoo Finance Chart Yahoo Finance Chart
MACD -0.55
MACD Signal -0.69
20-Day Bollinger Lower Band 49.27
20-Day Bollinger Middle Band 54.00
20-Day Bollinger Upper Band 58.73
Beta 0.94
RSI 46.52
50-Day SMA 55.14
200-Day SMA 47.50

System

Modified 4/27/2024 9:21:19 AM EST