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The price of Progress Software Corp (NASDAQ: PRGS) closed at $44.64 in the last session, down -3.56% from day before closing price of $46.29. In other words, the price has decreased by -$3.56 from its previous closing price. On the day, 0.72 million shares were traded. PRGS stock price reached its highest trading level at $45.94 during the session, while it also had its lowest trading level at $44.27.
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 18.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.28. 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.
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 Aug 12 ’25 when Gawlick Rainer bought 1,710 shares for $43.48 per share. The transaction valued at 74,351 led to the insider holds 55,544 shares of the business.
Gupta Yogesh K bought 2,100 shares of PRGS for $103,194 on Jul 23 ’25. The Chief Executive Officer now owns 232,396 shares after completing the transaction at $49.14 per share. On Jul 23 ’25, another insider, KRALL DAVID, who serves as the Director of the company, bought 5,125 shares for $48.90 each. As a result, the insider paid 250,612 and bolstered with 100,090 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 1924354432 and an Enterprise Value of 3311443712. As of this moment, Progress’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.18, and their Forward P/E ratio for the next fiscal year is 7.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.21 while its Price-to-Book (P/B) ratio in mrq is 4.25. Its current Enterprise Value per Revenue stands at 3.811 whereas that against EBITDA is 11.118.
Stock Price History:
The Beta on a monthly basis for PRGS is 0.68, which has changed by -0.23272604 over the last 52 weeks, in comparison to a change of 0.16222072 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 $42.88. The 50-Day Moving Average of the stock is -10.05%, while the 200-Day Moving Average is calculated to be -23.07%.
Shares Statistics:
According to the various share statistics, PRGS traded on average about 913.81K shares per day over the past 3-months and 593850 shares per day over the past 10 days. A total of 43.10M shares are outstanding, with a floating share count of 42.28M. Insiders hold about 1.92% of the company’s shares, while institutions hold 115.95% stake in the company. Shares short for PRGS as of 1755216000 were 5700656 with a Short Ratio of 6.24, compared to 1752537600 on 6192228. Therefore, it implies a Short% of Shares Outstanding of 5700656 and a Short% of Float of 19.780001.
Dividends & Splits
The forward annual dividend rate for PRGS is 0.17, which was 0.175 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.003780514The stock’s 5-year Average Dividend Yield is 1.29. 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
The firm’s stock currently is rated by 6.0 analysts. The consensus estimate for the next quarter is $1.33, with high estimates of $1.36 and low estimates of $1.29.
Analysts are recommending an EPS of between $5.38 and $5.29 for the fiscal current year, implying an average EPS of $5.34. EPS for the following year is $5.66, with 6.0 analysts recommending between $5.75 and $5.52.
Revenue Estimates
According to 6 analysts, the current quarter’s revenue is expected to be $240.11M. It ranges from a high estimate of $241.6M to a low estimate of $239.12M. As of the current estimate, Progress Software Corp’s year-ago sales were $178.69MFor the next quarter, 6 analysts are estimating revenue of $251.75M. There is a high estimate of $255M for the next quarter, whereas the lowest estimate is $249.58M.
A total of 6 analysts have provided revenue estimates for PRGS’s current fiscal year. The highest revenue estimate was $970.84M, while the lowest revenue estimate was $964.08M, resulting in an average revenue estimate of $967.24M. In the same quarter a year ago, actual revenue was $753.41MBased on 6 analysts’ estimates, the company’s revenue will be $984.17M in the next fiscal year. The high estimate is $990.6M and the low estimate is $977.01M.
