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The price of Progress Software Corp (NASDAQ: PRGS) closed at $42.13 in the last session, down -1.29% from day before closing price of $42.68. In other words, the price has decreased by -$1.29 from its previous closing price. On the day, 0.58 million shares were traded. PRGS stock price reached its highest trading level at $43.44 during the session, while it also had its lowest trading level at $41.92.
Ratios:
We take a closer look at PRGS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.02. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.44. In the meantime, Its Debt-to-Equity ratio is 3.04 whereas as Long-Term Debt/Eq ratio is at 2.27.
On March 28, 2024, DA Davidson started tracking the stock assigning a Buy rating and target price of $65.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 06 ’25 when Pitt Ian sold 409 shares for $46.20 per share. The transaction valued at 18,896 led to the insider holds 7,368 shares of the business.
IAN PITT bought 409 shares of PRGS for $18,884 on Oct 06 ’25. On Oct 03 ’25, another insider, WANG YUFAN STEPHANIE, who serves as the Chief Legal Officer of the company, sold 1,428 shares for $46.26 each. As a result, the insider received 66,059 and left with 668 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRGS now has a Market Capitalization of 1807696000 and an Enterprise Value of 3159513088. As of this moment, Progress’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.34, and their Forward P/E ratio for the next fiscal year is 7.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.92 while its Price-to-Book (P/B) ratio in mrq is 3.78. Its current Enterprise Value per Revenue stands at 3.361 whereas that against EBITDA is 9.947.
Stock Price History:
The Beta on a monthly basis for PRGS is 0.63, which has changed by -0.37050146 over the last 52 weeks, in comparison to a change of 0.15566266 over the same period for the S&P500. Over the past 52 weeks, PRGS has reached a high of $70.56, while it has fallen to a 52-week low of $40.29. The 50-Day Moving Average of the stock is -4.65%, while the 200-Day Moving Average is calculated to be -20.39%.
Shares Statistics:
According to the various share statistics, PRGS traded on average about 875.44K shares per day over the past 3-months and 594650 shares per day over the past 10 days. A total of 42.91M shares are outstanding, with a floating share count of 42.06M. Insiders hold about 1.97% of the company’s shares, while institutions hold 114.07% stake in the company. Shares short for PRGS as of 1760486400 were 5003683 with a Short Ratio of 5.72, compared to 1757894400 on 5718811. Therefore, it implies a Short% of Shares Outstanding of 5003683 and a Short% of Float of 17.48.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.27. The current Payout Ratio is 34.08% for PRGS, which recently paid a dividend on 2024-08-30 with an ex-dividend date of 2024-08-30. Stock splits for the company last occurred on 2011-01-31 when the company split stock in a 3:2 ratio.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 6.0 analysts currently analyzing and rating the stock of Progress Software Corp (PRGS).The consensus estimate for the next quarter is $1.41, with high estimates of $1.46 and low estimates of $1.36.
Analysts are recommending an EPS of between $5.55 and $5.5 for the fiscal current year, implying an average EPS of $5.53. EPS for the following year is $5.68, with 6.0 analysts recommending between $5.88 and $5.56.
Revenue Estimates
According to 6 analysts,. The current quarter’s revenue is expected to be $252.86M. It ranges from a high estimate of $255M to a low estimate of $250.92M. As of. The current estimate, Progress Software Corp’s year-ago sales were $214.96MFor the next quarter, 6 analysts are estimating revenue of $243.59M. There is a high estimate of $249.7M for the next quarter, whereas the lowest estimate is $239.01M.
A total of 6 analysts have provided revenue estimates for PRGS’s current fiscal year. The highest revenue estimate was $980.2M, while the lowest revenue estimate was $976.08M, resulting in an average revenue estimate of $978.18M. In the same quarter a year ago, actual revenue was $753.41MBased on 6 analysts’ estimates, the company’s revenue will be $992.43M in the next fiscal year. The high estimate is $1.01B and the low estimate is $984.87M.
