Progress Software Corpora...

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54.87
-1.13 (-2.02%)
At close: Apr 21, 2025, 3:59 PM
54.35
-0.94%
After-hours: Apr 21, 2025, 04:55 PM EDT

Progress Software Statistics

Share Statistics

Progress Software has 43.03M shares outstanding. The number of shares has increased by -0.45% in one year.

Shares Outstanding 43.03M
Shares Change (YoY) -0.45%
Shares Change (QoQ) 0.28%
Owned by Institutions (%) 99.99%
Shares Floating 42.26M
Failed to Deliver (FTD) Shares 25
FTD / Avg. Volume < 0.01%

Short Selling Information

The latest short interest is 5.36M, so 12.46% of the outstanding shares have been sold short.

Short Interest 5.36M
Short % of Shares Out 12.46%
Short % of Float 18.66%
Short Ratio (days to cover) 6.52

Valuation Ratios

The PE ratio is 43.25 and the forward PE ratio is 9.72. Progress Software's PEG ratio is -17.52.

PE Ratio 43.25
Forward PE 9.72
PS Ratio 3.93
Forward PS 2.4
PB Ratio 6.75
P/FCF Ratio 14.35
PEG Ratio -17.52
Financial Ratio History

Enterprise Valuation

Progress Software has an Enterprise Value (EV) of 3.67B.

EV / Sales 4.88
EV / EBITDA 29.63
EV / EBIT 17.37
EV / FCF 17.81

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
Debt / EBITDA 6.71
Debt / FCF 4.03
Interest Coverage 3.87

Financial Efficiency

Return on Equity is 15.6% and Return on Invested Capital is 4.33%.

Return on Equity 15.6%
Return on Assets 2.71%
Return on Invested Capital 4.33%
Revenue Per Employee $267.64K
Profits Per Employee $24.31K
Employee Count 2,815
Asset Turnover 0.3
Inventory Turnover n/a

Taxes

Income Tax 25.83M
Effective Tax Rate 27.4%

Stock Price Statistics

The stock price has increased by 7.19% in the last 52 weeks. The beta is 0.84, so Progress Software's price volatility has been higher than the market average.

Beta 0.84
52-Week Price Change 7.19%
50-Day Moving Average 55.84
200-Day Moving Average 60.29
Relative Strength Index (RSI) 45.44
Average Volume (20 Days) 841.53K

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 126.28M
Earnings Per Share (EPS) 1.58
Full Income Statement

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 2.46B
Working Capital -87.87M
Full Balance Sheet

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
Full Cash Flow Statement

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 55.12%
Earnings Yield 2.31%
FCF Yield 6.97%
Dividend Details

Analyst Forecast

The average price target for PRGS is $72.5, which is 32.1% higher than the current price. The consensus rating is "Buy".

Price Target $72.5
Price Target Difference 32.1%
Analyst Consensus Buy
Analyst Count 6
Stock Forecasts

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 1.23
Piotroski F-Score 6