Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Progress Software Corp (NASDAQ: PRGS) closed at $55.52 down -13.03% from its previous closing price of $63.84. In other words, the price has decreased by -$13.03 from its previous closing price. On the day, 5.17 million shares were traded. PRGS stock price reached its highest trading level at $60.865 during the session, while it also had its lowest trading level at $55.05.
Ratios:
For a deeper understanding of Progress Software Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.01. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.43. In the meantime, Its Debt-to-Equity ratio is 3.29 whereas as Long-Term Debt/Eq ratio is at 2.48.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, DA Davidson on March 28, 2024, initiated with a Buy rating and assigned the stock a target price of $65.
On September 09, 2022, Jefferies started tracking the stock assigning a Hold rating and target price of $52.Jefferies initiated its Hold rating on September 09, 2022, with a $52 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 01 ’25 when SUNDAR SUBRAMANIAN bought 501 shares for $63.84 per share.
IAN PITT bought 2,186 shares of PRGS for $139,379 on Jun 30 ’25. On May 09 ’25, another insider, Jarrett Loren, who serves as the EVP/GM Digital Experience of the company, sold 34,093 shares for $61.10 each. As a result, the insider received 2,083,082 and left with 11,747 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 2393372928 and an Enterprise Value of 4138650880. As of this moment, Progress’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.51, and their Forward P/E ratio for the next fiscal year is 9.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.75 while its Price-to-Book (P/B) ratio in mrq is 5.29. Its current Enterprise Value per Revenue stands at 4.762 whereas that against EBITDA is 13.896.
Stock Price History:
The Beta on a monthly basis for PRGS is 0.67, which has changed by 0.02002573 over the last 52 weeks, in comparison to a change of 0.11937654 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 $50.68. The 50-Day Moving Average of the stock is -10.04%, while the 200-Day Moving Average is calculated to be -9.85%.
Shares Statistics:
For the past three months, PRGS has traded an average of 597.96K shares per day and 1231220 over the past ten days. A total of 43.10M shares are outstanding, with a floating share count of 42.24M. Insiders hold about 1.83% of the company’s shares, while institutions hold 116.41% stake in the company. Shares short for PRGS as of 1749772800 were 5597897 with a Short Ratio of 9.36, compared to 1747267200 on 5645184. Therefore, it implies a Short% of Shares Outstanding of 5597897 and a Short% of Float of 19.479999.
Dividends & Splits
According to the company, the forward annual dividend rate for PRGS is 0.17, from 0.175 in the trailing year. Against a Trailing Annual Dividend Yield of 0.002741228The stock’s 5-year Average Dividend Yield is 1.34.
