First Time Loading...

Progress Software Corp
NASDAQ:PRGS

Watchlist Manager
Progress Software Corp Logo
Progress Software Corp
NASDAQ:PRGS
Watchlist
Price: 52.63 USD -0.04%
Updated: Mar 28, 2024

Intrinsic Value

Progress Software Corp. is a global software company, which engages in the provision of a products that develops and deploys mission-critical business applications. [ Read More ]

The intrinsic value of one PRGS stock under the Base Case scenario is 78.31 USD. Compared to the current market price of 52.63 USD, Progress Software Corp is Undervalued by 33%.

Key Points:
PRGS Intrinsic Value
Base Case
78.31 USD
Undervaluation 33%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
Progress Software Corp

Backtest PRGS Intrinsic Value
Dive into the past to invest in the future

Run backtest to discover the historical profit from buying and selling PRGS stocks based on their intrinsic value.

Analyze the historical link between intrinsic value and market price to make more informed investment decisions.

Run Backtest
Settings
Valuation Methods
Buy/Sell Thresholds
Buy When:
%
Sell When:
%
B
S
Run Backtest
How does it work?

Fundamental Analysis

How can I assist you today?

Provide an overview
of Progress Software Corp's business.

What risks and challenges
does Progress Software Corp face in the near future?

Summarize the latest earnings report
of Progress Software Corp.

Provide P/E
for Progress Software Corp and its competitors.

Financials

Balance Sheet Decomposition
Progress Software Corp

Current Assets 330.8m
Cash & Short-Term Investments 127m
Receivables 155.8m
Other Current Assets 48m
Non-Current Assets 1.3B
PP&E 33.9m
Intangibles 1.2B
Other Non-Current Assets 51.7m
Current Liabilities 352.1m
Accounts Payable 12.4m
Accrued Liabilities 82.2m
Other Current Liabilities 257.6m
Non-Current Liabilities 791m
Long-Term Debt 710.9m
Other Non-Current Liabilities 80.1m
Efficiency

Earnings Waterfall
Progress Software Corp

Revenue
694.4m USD
Cost of Revenue
-126.6m USD
Gross Profit
567.9m USD
Operating Expenses
-438.1m USD
Operating Income
129.8m USD
Other Expenses
-59.6m USD
Net Income
70.2m USD

Free Cash Flow Analysis
Progress Software Corp

Last Value
3-Years Average
FCF Margin
Conversion Rate
History
Components
Chart
Table
What is Free Cash Flow?
Fundamental Scores

PRGS Profitability Score
Profitability Due Diligence

Progress Software Corp's profitability score is 64/100. The higher the profitability score, the more profitable the company is.

Positive Free Cash Flow
Positive Gross Profit
Positive 3-Year Average ROE
Positive 3-Years Revenue Growth
64/100
Profitability
Score

Progress Software Corp's profitability score is 64/100. The higher the profitability score, the more profitable the company is.

PRGS Solvency Score
Solvency Due Diligence

Progress Software Corp's solvency score is 36/100. The higher the solvency score, the more solvent the company is.

Long-Term Solvency
Short-Term Solvency
Average D/E
Average Altman Z-Score
36/100
Solvency
Score

Progress Software Corp's solvency score is 36/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

PRGS Price Targets Summary
Progress Software Corp

Wall Street analysts forecast PRGS stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for PRGS is 64.67 USD with a low forecast of 60.6 USD and a high forecast of 70.35 USD.

Lowest
Price Target
60.6 USD
15% Upside
Average
Price Target
64.67 USD
23% Upside
Highest
Price Target
70.35 USD
34% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Ownership

PRGS Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Shareholder Return

PRGS Price
Progress Software Corp

1M 1M
+0%
6M 6M
-1%
1Y 1Y
-10%
3Y 3Y
+25%
5Y 5Y
+46%
10Y 10Y
+176%
Annual Price Range
52.63
52w Low
49.67
52w High
61.64
Price Metrics
Average Annual Return 8.99%
Standard Deviation of Annual Returns 2.12%
Max Drawdown -39%
Shares Statistics
Market Capitalization 2.3B USD
Shares Outstanding 43 880 200
Percentage of Shares Shorted 9.16%

PRGS Return Decomposition
Main factors of price return

What is price return decomposition?

Company Profile

Progress Software Corp Logo
Progress Software Corp

Country

United States of America

Industry

Technology

Market Cap

2.3B USD

Dividend Yield

1.33%

Description

Progress Software Corp. is a global software company, which engages in the provision of a products that develops and deploys mission-critical business applications. The company is headquartered in Burlington, Massachusetts and currently employs 2,103 full-time employees. Its product category includes digital experience, Devops, Infrastructure Monitoring, UI/UX Tools, Secure File Transfer, Secure Data Connectivity and Integration, Mission- Critical App Platform and Intelligent Decisioning. Its services consist of consulting, education, modernization and outsourcing. Its products are sold as perpetual licenses and its cloud-based offerings use a subscription-based model. Its indirect channel partners are independent software vendors (ISVs), original equipment manufacturers (OEMs), distributors and resellers. The company operates in the North America and Latin America (the Americas), Europe, the Middle East and Africa (EMEA) and the Asia Pacific region, through local subsidiaries as well as independent distributors.

Contact

MASSACHUSETTS
Burlington
15 Wayside Rd, Suite 400
+17812804000.0
https://www.progress.com/

IPO

1991-07-30

Employees

2 103

Officers

CEO, President & Director
Mr. Yogesh K. Gupta
Executive VP & CFO
Mr. Anthony Folger
Executive Vice President of Corporate Development
Mr. Jeremy Segal
Executive VP & GM of Application & Data Platform
Mr. John Ainsworth
Executive VP & GM of Digital Experience
Ms. Loren Weinberg Jarrett
Chief Accounting Officer
Mr. Domenic Lococo
Show More
Executive VP & Chief Information Officer
Mr. Ian Pitt
Directory of Treasury & Investor Relations
Mr. Brian Flanagan
Executive Vice President, Chief Legal Officer & Secretary
Ms. YuFan Wang
Executive Vice President of Marketing
Ms. Jennifer Ortiz
Show Less

See Also

Discover More
What is the Intrinsic Value of one PRGS stock?

The intrinsic value of one PRGS stock under the Base Case scenario is 78.31 USD.

Is PRGS stock undervalued or overvalued?

Compared to the current market price of 52.63 USD, Progress Software Corp is Undervalued by 33%.