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Progress Software Corporation

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Oversold
PRGS
NASDAQ Technology Software - Application
$27.33
▼ $1.43 (-4.97%)
Mkt Cap: 1.17B
Day Range
$26.85 $29.42
52-Week Range
$26.86 $65.50
Volume
2,052,093
50D / 200D Avg
$39.34 / $45.08
Prev Close
$28.76

Quick Summary

Price History

Financial Trends

Peer Comparison

vs Technology sector median (621 peers)

Metric Stock Sector Median
P/E 16.0 12.3
P/B 2.5 2.9
ROE % 16.0 8.9
Net Margin % 7.5 5.6
Rev Growth 5Y % 16.5 9.2
D/E 1.8 0.3

Analyst Price Target

Hold
$60.00 +119.5%
Low: $45.00 High: $75.00
Forward P/E
4.65
Forward EPS
$5.87
EPS Growth (est.)
+0.0%
Est. Revenue
993.34M

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2028 $6.17
$6.08 – $6.24
1.03B 2
FY2027 $5.96
$5.92 – $6.01
1.01B 4
FY2026 $5.87
$5.83 – $5.90
993.34M 4

Earnings Surprises

Last 8 quarters
Quarter Est. EPS Actual EPS Surprise
2026-01-20 $1.31 $1.51 +15.3%
2025-09-29 $1.30 $1.50 +15.4%
2025-06-30 $1.30 $1.40 +7.7%
2025-03-31 $1.06 $1.31 +23.6%
2025-01-21 $1.21 $1.33 +9.9%
2024-09-24 $1.14 $1.26 +10.5%
2024-06-25 $0.95 $1.09 +14.7%
2024-03-26 $1.14 $1.25 +9.6%

Dividend History

6 yr streak

Yield

0.00%

Payout Ratio

0.01%

Growth (3Y)

-9.14%

Growth (5Y)

2.02%

Ex-Date Payment Date Amount Yield
Aug 30, 2024 Sep 16, 2024 $0.18 1.20%
Jun 03, 2024 Jun 17, 2024 $0.18 1.39%
Feb 29, 2024 Mar 15, 2024 $0.18 1.31%
Nov 30, 2023 Dec 15, 2023 $0.18 1.30%
Aug 31, 2023 Sep 15, 2023 $0.18 1.15%
May 31, 2023 Jun 15, 2023 $0.18 1.17%
Feb 28, 2023 Mar 15, 2023 $0.18 1.22%
Nov 30, 2022 Dec 15, 2022 $0.18 1.31%
Aug 31, 2022 Sep 15, 2022 $0.18 1.45%
May 31, 2022 Jun 15, 2022 $0.18 1.45%
Feb 28, 2022 Mar 15, 2022 $0.18 1.59%
Nov 30, 2021 Dec 15, 2021 $0.18 1.44%
Aug 31, 2021 Sep 15, 2021 $0.18 1.50%
May 28, 2021 Jun 15, 2021 $0.18 1.55%
Feb 26, 2021 Mar 15, 2021 $0.18 1.60%
Nov 30, 2020 Dec 15, 2020 $0.18 1.67%
Aug 31, 2020 Sep 15, 2020 $0.17 1.74%
May 29, 2020 Jun 15, 2020 $0.17 1.61%
Feb 28, 2020 Mar 16, 2020 $0.17 1.72%
Nov 29, 2019 Dec 16, 2019 $0.17 1.50%

Key Takeaways

Revenue grew 16.47% annually over 5 years — strong growth
ROE of 15.95% — decent returns on equity
Generating 229.49M in free cash flow
Revenue growth is accelerating — 1Y growth exceeds 5Y average by 13.32%
Cash machine — converts 313.79% of earnings into free cash flow
Capital efficient — spends only 0.58% of revenue on capex

Growth

Revenue Growth (5Y)
16.47%
Revenue (1Y)29.79%
Earnings (1Y)6.86%
FCF Growth (3Y)16.75%

Quality

Return on Equity
15.95%
ROIC8.65%
Net Margin7.48%
Op. Margin15.68%

Safety

Debt / Equity
1.78
Current Ratio0.49
Interest Coverage2.16

Valuation

P/E Ratio
16.03
Forward P/E5.32
P/B Ratio2.45
EV/EBITDA12.58
Dividend Yield0.00%

All Fundamental Metrics

Growth
Revenue Growth (1Y) 29.79% Revenue Growth (3Y) 18.66%
Earnings Growth (1Y) 6.86% Earnings Growth (3Y) 2.07%
Revenue Growth (5Y) 16.47% Earnings Growth (5Y) -1.73%
Profitability
Revenue (TTM) 977.83M Net Income (TTM) 73.13M
ROE 15.95% ROA 2.98%
Gross Margin 80.82% Operating Margin 15.68%
Net Margin 7.48% Free Cash Flow (TTM) 229.49M
ROIC 8.65% FCF Growth (3Y) 16.75%
Safety
Debt / Equity 1.78 Current Ratio 0.49
Interest Coverage 2.16
Dividends
Dividend Yield 0.00% Payout Ratio 0.01%
Dividend Growth (3Y) -9.14% Dividend Growth (5Y) 2.02%
Consecutive Div Years 6 yrs
Valuation
P/E Ratio 16.03 Forward P/E 5.32
P/B Ratio 2.45 P/S Ratio 1.20
PEG Ratio 3.25 Forward PEG N/A
EV/EBITDA 12.58 Fwd EV/EBITDA 6.75
Forward P/S 1.18 Fwd Earnings Yield 18.80%
FCF Yield 19.57%
Market Cap 1.17B Enterprise Value 1.93B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 977.83M 753.41M 694.44M 602.01M 531.31M
Net Income 73.13M 68.44M 70.20M 95.07M 78.42M
EPS (Diluted) 1.66 1.54 1.57 2.15 1.76
Gross Profit 790.25M 622.93M 567.86M 507.52M 452.86M
Operating Income 153.29M 124.00M 110.52M 132.13M 116.10M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 2.46B 2.53B 1.60B 1.41B 1.36B
Total Liabilities 1.98B 2.09B 1.14B 1.01B 951.05M
Shareholders' Equity 478.35M 438.79M 459.72M 398.50M 412.49M
Total Debt 850.99M 1.56B 747.11M 640.59M 591.35M
Cash & Equivalents 94.81M 118.08M 126.96M 256.28M 155.41M
Current Assets 399.97M 368.81M 330.79M 426.05M 337.81M
Current Liabilities 809.73M 455.15M 352.12M 318.00M 322.93M