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Insights for Progress Software Corp
NASDAQ: PRGS
09 - Losing Steam - less profitable & can fund turnaround
Sector: AI, Data, Crypto, Semiconductors & Tech Infra
Industry: Developer Tools
Based on PEG Ratio: 03 - Over Valued
Today's Price
updated on: 		59.18 (0.12%)
Open 59.19 (-0.02%)
High (Upside %) 59.6875 (0.86%)
Low (Downside %) 58.62 (0.96%)
P. Close 59.11 (0.12%)
Open-High % 0.84%
Open-Low % 0.96%
Low-High % 1.82%
Previous Data

PRGS is a Stock listed in the US on the NASDAQ under the ticker 'PRGS'

Company Summary

Business Units or Product Lines

Progress Software Corporation offers a range of products focused on helping businesses develop, deploy, and manage high-impact business applications. Its main product lines include the Progress OpenEdge platform for building dynamic, critical applications, as well as Developer Tools for creating web and mobile applications, and Data Connectivity & Integration products which include offerings like DataDirect and Hybrid Data Pipeline.

Business Models for Each Product Line

Progress Software generates revenue primarily through the sale of software licenses, subscription fees, and maintenance and support services. The OpenEdge platform typically generates revenue through both one-time software license fees and ongoing maintenance services. Developer Tools largely follow a subscription-based model. Data Connectivity & Integration products generate revenue through both licenses and subscriptions. Major expense categories include research and development, sales and marketing, and general administrative costs.

Future Opportunities for Growth

Progress Software has future growth opportunities through the expansion of its software portfolio via strategic acquisitions, growth in demand for high-performance applications that require robust data connectivity, and increasing adoption of cloud-based solutions. Additionally, there is potential in expanding market reach through partnerships and enhancing their product offerings with innovative features.

Potential Major Risks

Major risks include the rapidly changing technology landscape which could render existing products obsolete, potential security breaches or failures in software products, intense competition from other software providers, and potential adverse changes in global economic conditions that might impact customer spending. Additionally, integrating acquired businesses and technologies also presents significant operational challenges.

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Also read: https://finance.yahoo.com/PRGS/profile

Basic Stats
Market Cap-Display Market Cap-Actual Market Cap Enterprise Value-Display Enterprise Value-Actual Enterprise Value Trailing P/E Forward P/E PEG Ratio (5yr expected) Price/Sales Price/Book Enterprise Value/Revenue Enterprise Value/EBITDA Profit Margin Operating Margin Return on Assets Return on Equity Revenue-Display Revenue-Actual Revenue Quarterly Revenue Growth EBITDA-Display EBITDA-Actual EBITDA Diluted EPS Quarterly Earnings Growth Total Cash-Display Total Cash-Actual Total Cash Total Debt-Display Total Debt-Actual Total Debt Total Debt/Equity Current Ratio Operating Cash Flow-Display Operating Cash Flow-Actual Operating Cash Flow Levered Free Cash Flow-Display Levered Free Cash Flow-Actual Levered Free Cash Flow % Held by Insiders % Held by Institutions
2.41 B 2410000000.0 2.41 3.82 B 3820000000.0 3.82 44.09 11.11 2.22 3.08 5.58 4.73 16.08 7.03% 17.93% 5.01% 12.70% 810.0 mn 806740000.0 0.81 28.90% 280.0 mn 275090000.0 0.28 1.27 -51.70% 120.0 mn 124160000.0 0.12 1.53 B 1530000000.0 1.53 3.5441000000000003 0.8 210.0 mn 209940000.0 0.21 300.0 mn 299310000.0 0.3 1.67% 118.88%

source:https://finance.yahoo.com/PRGS/key-statistics

Reading Information

source:https://finance.yahoo.com/PRGS/key-statistics

source:https://www.google.com/finance/quote/PRGS:NASDAQ

source:https://finance.yahoo.com/PRGS/analysis

source:https://finance.yahoo.com/PRGS/fair-value

source:https://www.nasdaq.com/market-activity/stocks/PRGS/price-earnings-peg-ratios

Upside-Downside Spread
Key Weighted 5D 1M 3M 6M 1Y 3Y 10Y
Upside % (high) 4.1% 0.97% (59.756) 0.97% (59.756) 3.65% (61.34) 19.22% (70.555) 19.22% (70.555) 19.22% (70.555) 19.22% (70.555)
Downside % (low) 13.48% 8.21% (54.32) 14.37% (50.6754) 14.37% (50.6754) 14.37% (50.6754) 18.89% (48) 31.85% (40.33) 62.93% (21.94)
Spread % -9.38% -7.24% -13.4% -10.72% 4.85% 0.33% -12.63% -43.71%

PRGS's price used for computing the stats is 59.18 as on date

Cumulative Return Percent
Key Today 5D 2W 1M 3M 6M 1Y 3Y 10Y
Last Price-Trend PrevClose 0.12% 5.68% 4.12% 7.29% -6.83% -10.67% 15.07% 18.64% 130.27%
Last Price 59.18 59.18 59.18 59.18 59.18 59.18 59.18 59.18 59.18
Trend-Previous Close 59.11 56 56.84 55.16 63.52 66.25 51.43 49.88 25.7

PRGS's symbol cumulative return percent is computed basis data from date

Return Velocity
5D 2W 1M 3M 6M 1Y
5D window
Metric Mean Median Stdev
Overall 1.35% 56.76 2.24% 57.26 4.53% 52.95 60.56
Up 2.63% 57.47 2.24% 57.26 2.74% 55.17 59.77
Down -3.56% 54.01 -3.94% 53.79 1.34% 52.88 55.13
5D Opportunity: SELL-APPROACHING
returns: 5.68% (6.73%), p.close: 56
entry: 59.77, exit: 60.56, min.ret: -1.33%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall 1.19% 56.67 2.02% 57.13 3.57% 53.67 59.66
Up 2.57% 57.44 2.23% 57.25 2.21% 55.58 59.3
Down -2.73% 54.47 -2.47% 54.62 1.49% 53.22 55.72
5D Opportunity: SELL-APPROACHING
returns: 5.68% (5.88%), p.close: 56
entry: 59.3, exit: 59.66, min.ret: -0.62%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall 1.24% 56.69 0.25% 56.14 5.16% 52.36 61.03
Up 3.82% 58.14 2.16% 57.21 4.52% 54.34 61.94
Down -3.52% 54.03 -3.54% 54.02 2.27% 52.13 55.94
5D Opportunity: SELL-APPROACHING
returns: 5.68% (10.6%), p.close: 56
entry: 61.94, exit: 61.03, min.ret: 1.47%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall -0.57% 55.68 -0.86% 55.52 5.19% 51.32 60.04
Up 2.41% 57.35 1.39% 56.78 3.16% 54.69 60.0
Down -3.44% 54.07 -2.33% 54.69 3.89% 50.81 57.34
5D Opportunity: SELL-APPROACHING
returns: 5.68% (7.15%), p.close: 56
entry: 60.0, exit: 60.04, min.ret: -0.07%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall -0.42% 55.76 -0.64% 55.64 4.15% 52.27 59.25
Up 1.92% 57.08 0.97% 56.54 2.62% 54.88 59.28
Down -2.57% 54.56 -1.77% 55.01 3.07% 51.98 57.14
5D Opportunity: SELL-APPROACHING
returns: 5.68% (5.85%), p.close: 56
entry: 59.28, exit: 59.25, min.ret: 0.04%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall 0.34% 56.19 0.0% 56.0 4.27% 52.61 59.78
Up 2.16% 57.21 1.11% 56.62 3.25% 54.48 59.94
Down -1.95% 54.91 -1.31% 55.27 2.5% 52.81 57.01
5D Opportunity: SELL-APPROACHING
returns: 5.68% (7.04%), p.close: 56
entry: 59.94, exit: 59.78, min.ret: 0.28%
Using: 5D trend, 0 Days Left
2W window
Metric Mean Median Stdev
Overall 2.59% 58.31 1.64% 57.77 6.06% 53.15 63.48
Up 5.0% 59.68 2.83% 58.45 5.43% 55.05 64.31
Down -3.21% 55.02 -3.34% 54.94 2.59% 52.81 57.22
2W Opportunity:
returns: 4.12% (13.14%), p.close: 56.84
entry: 64.31, exit: 63.48, min.ret: 1.29%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall 2.06% 58.01 2.79% 58.43 5.32% 53.47 62.55
Up 5.34% 59.87 3.89% 59.05 4.31% 56.2 63.55
Down -4.39% 54.35 -5.25% 53.86 2.63% 52.11 56.59
2W Opportunity:
returns: 4.12% (11.8%), p.close: 56.84
entry: 63.55, exit: 62.55, min.ret: 1.57%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall -1.33% 56.08 -1.16% 56.18 6.01% 50.96 61.21
Up 3.11% 58.61 2.16% 58.07 3.39% 55.72 61.5
Down -5.34% 53.8 -4.45% 54.31 4.86% 49.66 57.94
2W Opportunity: SELL-APPROACHING
returns: 4.12% (8.19%), p.close: 56.84
entry: 61.5, exit: 61.21, min.ret: 0.47%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall -0.93% 56.31 -0.9% 56.33 4.87% 52.16 60.46
Up 2.61% 58.32 1.72% 57.82 2.85% 55.89 60.75
Down -3.98% 54.58 -3.22% 55.01 3.92% 51.24 57.92
2W Opportunity: SELL-APPROACHING
returns: 4.12% (6.88%), p.close: 56.84
entry: 60.75, exit: 60.46, min.ret: 0.48%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall 0.6% 57.18 0% 56.84 5.2% 52.75 61.62
Up 3.27% 58.7 1.98% 57.97 3.95% 55.33 62.07
Down -2.93% 55.18 -2.2% 55.59 3.21% 52.44 57.91
2W Opportunity: SELL-APPROACHING
returns: 4.12% (9.2%), p.close: 56.84
entry: 62.07, exit: 61.62, min.ret: 0.73%
Using: 2W trend, 0 Days Left
1M window
Metric Mean Median Stdev
Overall 2.05% 56.29 2.56% 56.57 4.82% 52.31 60.27
Up 6.17% 58.56 6.51% 58.75 2.26% 56.7 60.43
Down -6.56% 51.54 -6.68% 51.47 1.46% 50.33 52.75
1M Opportunity: SELL-APPROACHING
returns: 7.29% (9.55%), p.close: 55.16
entry: 60.43, exit: 60.27, min.ret: 0.26%
Using: 1M trend, 0 Days Left
Metric Mean Median Stdev
Overall -4.27% 52.81 -3.73% 53.1 7.18% 46.86 58.75
Up 3.02% 56.82 1.56% 56.02 3.06% 54.29 59.36
Down -9.73% 49.79 -7.06% 51.27 5.98% 44.84 54.74
1M Opportunity: SELL-APPROACHING
returns: 7.29% (7.61%), p.close: 55.16
entry: 59.36, exit: 58.75, min.ret: 1.02%
Using: 1M trend, 0 Days Left
Metric Mean Median Stdev
Overall -1.5% 54.33 -1.75% 54.2 7.51% 48.12 60.55
Up 4.06% 57.4 2.69% 56.65 4.29% 53.85 60.95
Down -6.62% 51.51 -5.32% 52.22 5.64% 46.85 56.18
1M Opportunity: SELL-APPROACHING
returns: 7.29% (10.5%), p.close: 55.16
entry: 60.95, exit: 60.55, min.ret: 0.65%
Using: 1M trend, 0 Days Left
Metric Mean Median Stdev
Overall 1.06% 55.75 0.71% 55.55 7.49% 49.55 61.94
Up 5.12% 57.99 3.07% 56.85 5.15% 53.73 62.25
Down -4.67% 52.59 -3.32% 53.33 4.71% 48.69 56.48
1M Opportunity: SELL-APPROACHING
returns: 7.29% (12.85%), p.close: 55.16
entry: 62.25, exit: 61.94, min.ret: 0.49%
Using: 1M trend, 0 Days Left

PRGS's symbol current price is 59.18 (0.12%) as on . Yesterday's close was 59.11. It's return velocities are computed basis data from date .

Win Percent
Key Weighted 5D 1M 3M 6M 1Y 3Y
Open-High (> 1.0%) 60.08% 60.0% 68.18% 57.58% 42.42% 36.9% 44.05%
Open-Low (> 1.0%) 52.69% 60.0% 50.0% 46.97% 43.94% 42.86% 40.74%
Open-Close-Up (> 0.5%) 31.23% 20.0% 40.91% 37.88% 33.33% 33.73% 35.05%
Open-Close-Down (> 0.5%) 37.56% 40.0% 36.36% 36.36% 34.85% 33.33% 32.01%
Low-Close-Up (> 1.0%) 50.01% 40.0% 63.64% 53.03% 43.94% 41.27% 44.05%
High-Close-Down (> 1.0%) 57.28% 60.0% 63.64% 50.0% 43.18% 40.08% 41.14%

PRGS's symbol win percent is computed basis data from date

Associated Tags