Progress Software Corp. (PRGS)

Evaluation: Based on all recent filings, financial statements, and news.

See full evaluation
Ask a question about Progress Software Corp. (PRGS)

Go deeper and ask any question about PRGS

Company Performance

Current Price

as of Sep 13, 2024

$57.99

P/E Ratio

35.36

Market Cap

$2.48B

Description

Progress Software Corp. engages in the provision of products that develop and deploy mission-critical business applications. Its products and solutions include OpenEdge, Developer Tools, Sitefinity, Corticon, DataDirect Connect, MOVEit, Chef, WhatsUp Gold, Kemp Loadmaster, and Kemp Flowmon Network Visibility. The company was founded by Joseph Wright Alsop, Clyde Kessel, and Charles Arthur Ziering in 1981 and is headquartered in Burlington, MA.

Metrics

Overview

  • HQBurlington, MA
  • SectorTechnology Services
  • IndustryPackaged Software
  • TickerPRGS
  • Price$57.99+1.26%

Trading Information

  • Market Cap$2.48B
  • Float98.40%
  • Average Daily Volume (1m)290,816
  • Average Daily Volume (3m)391,077
  • EPS$1.68

Company

  • Revenue$711.72M
  • Rev Growth (1yr)-1.78%
  • Net Income$16.19M
  • Gross Margin72.36%
  • EBITDA Margin32.37%
  • EBITDA$56.68M
  • EV$2.85B
  • EV/Revenue4.00
  • P/E35.36
  • P/S3.58