Progress Software Corporation (PRGS)

AI-powered earnings prediction for Progress Software Corporation (PRGS).

28.13
+1.66%
USD, about 18 hours ago
Market Cap
1.20B
Google

Company Overview

Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems. 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.

Sector
Technology
Industry
Software - Infrastructure
Phone
781 280 4000
Headquarters
15 Wayside Road
Burlington, MA, 01803
United States
Full-Time Employees
2,801

Key Metrics

P/E Ratio (TTM)
17.10
Forward P/E
4.76
Price to Book
2.51
Beta
0.57
Profit Margin
7.48%
Gross Margin
85.03%
Return on Equity
15.95%
Return on Assets
4.38%
Earnings Growth
2135.70%
Revenue Growth
17.50%

Financial Health

Total Cash
$94.81M
Total Debt
$1.43B
Debt to Equity
298.93
Current Ratio
0.49
Free Cash Flow
$223.11M
Operating Cash Flow
$235.19M

Analyst Recommendations

Target Price (Mean)
$62.17
Target High
$83.00
Target Low
$45.00
Recommendation
strong_buy
Analyst Coverage
6 Analysts

Trading Ideas

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