Progress Software Corporation
General ticker "PRGS" information:
- Sector: Information Technology
- Industry: Software - Application
- Capitalization: $1.8B (TTM average)
Progress Software Corporation does not follow the US Stock Market performance with the rate: -18.6%.
Estimated limits based on current volatility of 3.1%: low 37.89$, high 40.29$
Factors to consider:
- Total employees count: 2801 (-0.5%) as of 2025
- US accounted for 56.0% of revenue in the fiscal year ended 2024-11-30
- Top business risk factors: Rapid tech changes, Product development failure, Market competition, Cybersecurity threats, Geopolitical risks
- Earnings for 6 months up through Q2 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-11-30 to 2027-11-30
- 2025-11-30 to 2026-11-30 estimated range: [32.64$, 51.69$]
- 2026-11-30 to 2027-11-30 estimated range: [31.25$, 49.60$]
Financial Metrics affecting the PRGS estimates:
- Negative: with PPE of 7.1 at the end of fiscal year the price was high
- Positive: Operating cash flow per share per price, % of 13.48 > 12.93
- Positive: 7.57 < Operating profit margin, % of 15.68
- Positive: 1.77 < Return on assets ratio (scaled to [-100,100]) of 2.89
- Positive: 19.19 < Shareholder equity ratio, % of 19.46 <= 42.57
- Positive: Industry inventory ratio change (median), % of -0.53 <= -0.15
- Negative: Industry earnings per price (median), % of 0 <= 0
- Negative: negative Industry operating income (median)
- Negative: Inventory ratio change, % of 5.67 > 0.80
- Negative: Investing cash flow per share per price, % of -1.54 <= -0.60
- Positive: -0.03 < Industry operating cash flow per share per price (median), % of 1.30
Short-term PRGS quotes
Long-term PRGS plot with estimates
Financial data
| YTD | 2023-11-30 | 2024-11-30 | 2025-11-30 |
|---|---|---|---|
| Operating Revenue | $694.44MM | $753.41MM | $977.83MM |
| Operating Expenses | $583.92MM | $629.41MM | $824.54MM |
| Operating Income | $110.52MM | $124.00MM | $153.29MM |
| Non-Operating Income | $-30.87MM | $-29.74MM | $-71.66MM |
| Interest Expense | $30.78MM | $32.01MM | $70.85MM |
| R&D Expense | $132.40MM | $146.34MM | $192.26MM |
| Income(Loss) | $79.66MM | $94.26MM | $81.63MM |
| Taxes | $9.46MM | $25.83MM | $8.49MM |
| Net Income(Loss)* | $70.20MM | $68.44MM | $73.13MM |
| Stockholders Equity | $459.71MM | $438.79MM | $478.35MM |
| Assets | $1,602.78MM | $2,526.97MM | $2,457.66MM |
| Operating Cash Flow | $173.92MM | $211.49MM | $235.19MM |
| Capital expenditure | $5.57MM | $5.21MM | $5.70MM |
| Investing Cash Flow | $-360.38MM | $-857.91MM | $-26.92MM |
| Financing Cash Flow | $51.19MM | $640.82MM | $-238.37MM |
| Earnings Per Share** | $1.62 | $1.58 | $1.70 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.