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The price of Progress Software Corp (NASDAQ: PRGS) closed at $43.92 in the last session, up 0.69% from day before closing price of $43.62. In other words, the price has increased by $0.69 from its previous closing price. On the day, 0.89 million shares were traded. PRGS stock price reached its highest trading level at $44.0673 during the session, while it also had its lowest trading level at $43.11.
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 18.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.10. 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:
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 Jul 23 ’25 when Gupta Yogesh K bought 2,100 shares for $49.14 per share. The transaction valued at 103,194 led to the insider holds 232,396 shares of the business.
KRALL DAVID bought 5,125 shares of PRGS for $250,612 on Jul 23 ’25. The Director now owns 100,090 shares after completing the transaction at $48.90 per share. On Jul 08 ’25, another insider, FOLGER ANTHONY, who serves as the Chief Financial Officer of the company, sold 5,529 shares for $52.97 each. As a result, the insider received 292,871 and left with 43,559 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 1893316480 and an Enterprise Value of 3280405504. As of this moment, Progress’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.63, and their Forward P/E ratio for the next fiscal year is 7.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.18 while its Price-to-Book (P/B) ratio in mrq is 4.18. Its current Enterprise Value per Revenue stands at 3.775 whereas that against EBITDA is 11.014.
Stock Price History:
The Beta on a monthly basis for PRGS is 0.69, which has changed by -0.21007192 over the last 52 weeks, in comparison to a change of 0.19554341 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 -20.53%, while the 200-Day Moving Average is calculated to be -26.35%.
Shares Statistics:
According to the various share statistics, PRGS traded on average about 855.29K shares per day over the past 3-months and 937670 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 1.91% of the company’s shares, while institutions hold 117.79% stake in the company. Shares short for PRGS as of 1752537600 were 6192228 with a Short Ratio of 7.24, compared to 1749772800 on 5597897. Therefore, it implies a Short% of Shares Outstanding of 6192228 and a Short% of Float of 21.48.
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 0.004011921The stock’s 5-year Average Dividend Yield is 1.31.
Earnings Estimates
The stock of Progress Software Corp (PRGS) is currently drawing attention from 6.0 analysts actively involved in the ongoing evaluation and rating process.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.
