The Stock Rebuilding America
Wildfires and hurricanes wreaked havoc, but one company is turning debris into dollars.
Shares Stats
| Shares Outstanding | 43,360,000 |
| Shares Float | 42,680,000 |
| Shares Short | 5,250,000 |
| Insider Holdings | 147% |
| Institution Holdings | 117.09% |
About Progress Software Corp
Progress Software Corporation develops, deploys, and manages business applications in the United States and internationally. The company offers OpenEdge, an application development platform for running business-critical applications; Chef, a DevOps/DevSecOps automation software; Developer Tools that consists of software development tooling collection, including .NET and JavaScript UI components for web, desktop and mobile applications, reporting and report management tools, and automated testing and mocking tools; Kemp LoadMaster, an application delivery and security product offering cloud-native, and virtual and hardware load balancers; and Sitefinity, a digital experience platform foundation delivering intelligent and ROI-driving tools for marketers. It also provides MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data and SaaS data sources; WhatsUp Gold, a network infrastructure monitoring software providing complete visibility of all network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems; Flowmon, a network security and visibility product with automated response across hybrid cloud ecosystems; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; MarkLogic, a data agility platform to connect data and metadata; and Semaphore, a Semantic AI platform. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications; and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
General
| Name | Progress Software Corp |
| Ticker | PRGS |
| Exchange | NASDAQ |
| Sector | Technology |
| Industry | Software - Infrastructure |
| Currency | USD |
| Country | USA |
| Fiscal Year End | November |
| Full Time Employees | 2,284 |
Highlights
| Analyst Target | 74.00 |
| Market Cap | 2,427,000,000 |
| PE Ratio | 36.11 |
| PEG Ratio | 2.09 |
| EBITDA | 242,875,008 |
Financials
| Curr Year EPS Estimate | 5.06 |
| Profit Margin | 9.08% |
| Operating Margin | 20.87 |
| Return on Assets | 0.05 |
| Return on Equity | 0.19 |
| Revenue | 753.4M |
| Earnings Per Share | 1.54 |
| Revenue Per Share | 16.48 |
| Gross Profit | 617,291,008 |
| Quarterly Revenue Growth | 0.02 |
Valuation
| Trailing PE | 35.39 |
| Forward PE | 10.44 |
| Price/Sales (Trailing 12 Mt.) | 3.30 |
| Price/Book (Most Recent Quarter) | 5.24 |
Dividend
Progress Software Corp pays out a dividend of $0.52 per share, with a dividend yield of 0.94%.
PRGS's last dividend payment was made to shareholders on September 16, 2024.
They pay out 44.53% of their earnings out as a dividend.
Recent Dividends
| Sep 16, 2024 | $0.18 |
| Jun 17, 2024 | $0.18 |
| Mar 15, 2024 | $0.18 |
| Dec 15, 2023 | $0.18 |
| Sep 15, 2023 | $0.18 |
| Jun 15, 2023 | $0.18 |
| Mar 15, 2023 | $0.18 |
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