Progress Software (PRGS) - Stock Price & Dividends
Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US7433121008
Progress Software Corporation, traded on the NASDAQ as PRGS, is a technology company that focuses on developing, deploying, and managing business applications both within the United States and internationally.
The company's offerings include a wide range of software solutions such as OpenEdge, a robust application development platform, Chef for DevOps/DevSecOps automation, Developer Tools encompassing various software development tool collections, and Kemp LoadMaster for application delivery and security.
Additionally, Progress Software provides products like Sitefinity for digital experience platforms, MOVEit for managed file transfer, DataDirect for secure data connectivity tools, WhatsUp Gold for network infrastructure monitoring, and Corticon for decision automation.
The company was established in 1981 with headquarters in Burlington, Massachusetts. Progress Software Corporation also offers project management, implementation, custom software development, programming, and training services to cater to a diverse set of clients including end users, independent software vendors, original equipment manufacturers, system integrators, value-added resellers, and distributors.
If you want to learn more, you can visit their website at https://www.progress.com.
Drawdown (Underwater) Chart
Overall Trend and Yearly Seasonality
PRGS Stock Overview
| Market Cap in USD | 2,232m |
| Sector | Technology |
| Industry | Software - Infrastructure |
| GiC SubIndustry | Systems Software |
| TER | 0.00% |
| IPO / Inception | 1991-07-30 |
PRGS Stock Ratings
| Growth 5y | 2.68 |
| Fundamental | 45.7 |
| Dividend | 5.55 |
| Rel. Performance vs Sector | -3.76 |
| Analysts | 4.25/5 |
| Fair Price Momentum | 44.53 USD |
| Fair Price DCF | 122.47 USD |
PRGS Dividends
| Yield 12m | 1.36% |
| Yield on Cost 5y | 1.65% |
| Dividends CAGR 5y | 2.13% |
| Payout Consistency | 99.3% |
PRGS Growth Ratios
| Growth 12m | -4.12% |
| Growth Correlation 12m | -33% |
| Growth Correlation 3m | -79% |
| CAGR 5y | 4.06% |
| Sharpe Ratio 12m | -0.42 |
| Alpha vs SP500 12m | -27.41 |
| Beta vs SP500 5y weekly | 0.84 |
| ValueRay RSI | 59.12 |
| Volatility GJR Garch 1y | 25.13% |
| Price / SMA 50 | -2.18% |
| Price / SMA 200 | -5.78% |
| Current Volume | 442k |
| Average Volume 20d | 664.6k |
External Links for PRGS Stock
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X (Twitter) • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
As of April 25, 2024, the stock is trading at USD 51.63 with a total of 441,957 shares traded.
Over the past week, the price has changed by +2.06%, over one month by -2.14%, over three months by -12.64% and over the past year by -7.17%.
According to ValueRays Forecast Model, PRGS Progress Software will be worth about 48.8 in April 2025. The stock is currently trading at 51.63. This means that the stock has a potential downside of -5.56%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 63.7 | 23.3 |
| Analysts Target Price | 63 | 22.0 |
| ValueRay Target Price | 48.8 | -5.56 |