PRGS Progress Software Corp

  1. Stocks
  2. Technology
  3. NASDAQ: PRGS

Price (delayed)

$53.59

Market cap

$2.33B

P/E Ratio

29.45

Dividend/share

$0.7

EPS

$1.82

Enterprise value

$2.98B

Progress provides the best products to develop, deploy and manage high-impact business applications. Its comprehensive product stack is designed to make technology teams more productive and it has a deep ...

Highlights
Progress Software's equity has increased by 21% YoY and by 6% from the previous quarter
Progress Software's revenue has increased by 15% YoY and by 3.7% QoQ
The quick ratio has contracted by 28% YoY but it has grown by 6% from the previous quarter
The debt is up by 21% year-on-year but it has declined by 4.1% since the previous quarter
The net income has decreased by 9% YoY and by 3.3% from the previous quarter
The EPS has contracted by 8% YoY and by 3.2% from the previous quarter
Sector: Technology
Industry: Software - Application
Website: http://www.progress.com
Peers: AMSWA

Key stats

What are the main financial stats of PRGS
Market
Shares outstanding
43.57M
Market cap
$2.33B
Enterprise value
$2.98B
Valuations
Price to earnings (P/E)
29.45
Price to book (P/B)
5.22
Price to sales (P/S)
3.45
EV/EBIT
24.89
EV/EBITDA
22.15
EV/Sales
4.41
Earnings
Revenue
$674.6M
EBIT
$119.58M
EBITDA
$134.41M
Free cash flow
$174.71M
Per share
EPS
$1.82
Free cash flow per share
$4.02
Book value per share
$10.26
Revenue per share
$15.53
TBVPS
$9.04
Balance sheet
Total assets
$1.6B
Total liabilities
$1.15B
Debt
$780.2M
Equity
$445.05M
Working capital
-$21.86M
Liquidity
Debt to equity
1.75
Current ratio
0.93
Quick ratio
0.93
Net debt/EBITDA
4.78
Margins
EBITDA margin
19.9%
Gross margin
82.7%
Net margin
11.6%
Operating margin
17.6%
Efficiency
Return on assets
5%
Return on equity
18.8%
Return on invested capital
17.1%
Return on capital employed
9.4%
Return on sales
17.7%
Dividend
Dividend yield
1.31%
DPS
$0.7
Payout ratio
38.5%

PRGS stock price

How has the Progress Software stock price performed over time
Intraday
-1.43%
1 week
-1.11%
1 month
2.88%
1 year
3.24%
YTD
6.22%
QTD
1.92%

Financial performance

How have Progress Software's revenue and profit performed over time
Revenue
$674.6M
Gross profit
$558.15M
Operating income
$118.43M
Net income
$78.57M
Gross margin
82.7%
Net margin
11.6%
The net margin has declined by 21% year-on-year and by 7% since the previous quarter
The operating margin has contracted by 16% YoY and by 5% from the previous quarter
Progress Software's revenue has increased by 15% YoY and by 3.7% QoQ
The gross profit has increased by 13% YoY and by 2.7% from the previous quarter

Growth

What is Progress Software's growth rate over time

Valuation

What is Progress Software stock price valuation
PRGS P/E details
P/E
29.45
P/B
5.22
P/S
3.45
EV/EBIT
24.89
EV/EBITDA
22.15
EV/Sales
4.41
The stock's price to earnings (P/E) is 10% less than its 5-year quarterly average of 32.7 but 2.6% more than its last 4 quarters average of 28.7
The EPS has contracted by 8% YoY and by 3.2% from the previous quarter
Progress Software's equity has increased by 21% YoY and by 6% from the previous quarter
The stock's price to book (P/B) is 13% less than its last 4 quarters average of 6.0 and 5% less than its 5-year quarterly average of 5.5
Progress Software's revenue has increased by 15% YoY and by 3.7% QoQ
The stock's price to sales (P/S) is 14% less than its 5-year quarterly average of 4.0 and 12% less than its last 4 quarters average of 3.9

Efficiency

How efficient is Progress Software business performance
PRGS's return on assets is down by 22% year-on-year and by 7% since the previous quarter
PRGS's return on invested capital is down by 21% year-on-year and by 6% since the previous quarter
PRGS's ROE is down by 17% year-on-year and by 7% since the previous quarter
The ROS has contracted by 15% YoY and by 5% from the previous quarter

Dividends

What is PRGS's dividend history
DPS
$0.7
Dividend yield
1.31%
Payout ratio
38.5%
Recent dividends

Financial health

How did Progress Software financials performed over time
PRGS's total assets is 39% more than its total liabilities
The quick ratio has contracted by 28% YoY but it has grown by 6% from the previous quarter
Progress Software's current ratio has decreased by 28% YoY but it has increased by 7% QoQ
The debt is 75% greater than the equity
The debt is up by 21% year-on-year but it has declined by 4.1% since the previous quarter
Progress Software's equity has increased by 21% YoY and by 6% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.