Progress Software Corpora... (PRGS)
Progress Software Statistics
Share Statistics
Progress Software has 43.37M shares outstanding. The number of shares has increased by -2.22% in one year.
| Shares Outstanding | 43.37M |
| Shares Change (YoY) | -2.22% |
| Shares Change (QoQ) | 0.3% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 42.62M |
| Failed to Deliver (FTD) Shares | 3K |
| FTD / Avg. Volume | 0.44% |
Short Selling Information
The latest short interest is 5.31M, so 12.25% of the outstanding shares have been sold short.
| Short Interest | 5.31M |
| Short % of Shares Out | 12.25% |
| Short % of Float | 12.44% |
| Short Ratio (days to cover) | 9.86 |
Valuation Ratios
The PE ratio is 43.25 and the forward PE ratio is 9.58. Progress Software's PEG ratio is -17.52.
| PE Ratio | 43.25 |
| Forward PE | 9.58 |
| PS Ratio | 3.93 |
| Forward PS | 2.4 |
| PB Ratio | 6.75 |
| P/FCF Ratio | 14.35 |
| PEG Ratio | -17.52 |
Enterprise Valuation
Progress Software Corporation has an Enterprise Value (EV) of 2.96B.
| EV / Earnings | 43.26 |
| EV / Sales | 3.93 |
| EV / EBITDA | 23.88 |
| EV / EBIT | 23.88 |
| EV / FCF | 14.35 |
Financial Position
The company has a current ratio of 0.81, with a Debt / Equity ratio of 1.9.
| Current Ratio | 0.81 |
| Quick Ratio | 0.81 |
| Debt / Equity | 1.9 |
| Total Debt / Capitalization | 65.46 |
| Cash Flow / Debt | 0.25 |
| Interest Coverage | 3.87 |
Financial Efficiency
Return on equity (ROE) is 0.16% and return on capital (ROIC) is 7.09%.
| Return on Equity (ROE) | 0.16% |
| Return on Assets (ROA) | 0.03% |
| Return on Capital (ROIC) | 7.09% |
| Revenue Per Employee | 267.64K |
| Profits Per Employee | 24.31K |
| Employee Count | 2.81K |
| Asset Turnover | 0.3 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 25.83M |
| Effective Tax Rate | 0.27 |
Stock Price Statistics
The stock price has increased by 1.78% in the last 52 weeks. The beta is 0.93, so Progress Software's price volatility has been higher than the market average.
| Beta | 0.93 |
| 52-Week Price Change | 1.78% |
| 50-Day Moving Average | 60.59 |
| 200-Day Moving Average | 59.44 |
| Relative Strength Index (RSI) | 34.74 |
| Average Volume (20 Days) | 675.63K |
Income Statement
In the last 12 months, Progress Software had revenue of 753.41M and earned 68.44M in profits. Earnings per share was 1.58.
| Revenue | 753.41M |
| Gross Profit | 622.93M |
| Operating Income | 124M |
| Net Income | 68.44M |
| EBITDA | 124M |
| EBIT | 124M |
| Earnings Per Share (EPS) | 1.58 |
Balance Sheet
The company has 118.08M in cash and 831.73M in debt, giving a net cash position of -713.65M.
| Cash & Cash Equivalents | 118.08M |
| Total Debt | 831.73M |
| Net Cash | -713.65M |
| Retained Earnings | 120.41M |
| Total Assets | 2.53B |
| Working Capital | -86.33M |
Cash Flow
In the last 12 months, operating cash flow was 211.49M and capital expenditures -5.21M, giving a free cash flow of 206.29M.
| Operating Cash Flow | 211.49M |
| Capital Expenditures | -5.21M |
| Free Cash Flow | 206.29M |
| FCF Per Share | 4.77 |
Margins
Gross margin is 82.68%, with operating and profit margins of 16.46% and 9.08%.
| Gross Margin | 82.68% |
| Operating Margin | 16.46% |
| Pretax Margin | 12.51% |
| Profit Margin | 9.08% |
| EBITDA Margin | 16.46% |
| EBIT Margin | 16.46% |
| FCF Margin | 27.38% |
Dividends & Yields
PRGS pays an annual dividend of $0.7, which amounts to a dividend yield of 1.2%.
| Dividend Per Share | $0.70 |
| Dividend Yield | 1.2% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 45.45% |
| Earnings Yield | 2.91% |
| FCF Yield | 8.76% |
Analyst Forecast
The average price target for PRGS is $70, which is 28.9% higher than the current price. The consensus rating is "Buy".
| Price Target | $70 |
| Price Target Difference | 28.9% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
Stock Splits
The last stock split was on Jan 31, 2011. It was a forward split with a ratio of 3:2.
| Last Split Date | Jan 31, 2011 |
| Split Type | forward |
| Split Ratio | 3:2 |
Scores
| Altman Z-Score | 1.17 |
| Piotroski F-Score | 6 |