$38.50
Closed
-(-)

At close

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About

Progress Software Corp. engages in the provision of products that develop and deploy mission-critical business applications. The company is headquartered in Burlington, Massachusetts and currently employs 2,801 full-time employees. The firm provides software products that enable its customers to develop, deploy and manage responsible AI-powered applications and digital experiences. The company also offers retrieval-augmented generation (RAG) -as-a-service products. Its products include Sitefinity, Corticon, MOVEit, ShareFile, Podio, Kendo UI, Telerik, Kemp LoadMaster, Flowmon, WhatsUp Gold, Chef Infrastructure Management, Chef Desktop, Chef App Delivery, MarkLogic, Semaphore, OpenEdge, DataDirect Connectors, Hybrid Data Pipeline, and Automate MFT. MOVEit Transfer Software offers an on-premises Managed File Transfer (MFT) server, supporting compliance with internal governance requirements and regulations. WhatsUp Gold is an information technology (IT) infrastructure monitoring software providing visibility into network devices, servers, virtual machines, cloud, and wireless environments.
Country

US

CEO

Mr. Yogesh Gupta

IPO date

1991

Employees

2,801

ISIN

US7433121008

Key stats

Open

$37.38

Volume

412.66K

Market cap

$1.55B

Prev. close

$38.50

Impl / hst vl

-

Open interest

$0.00

$36.02

Day’s Range

$38.54

$23.82

52W Range

$47.25

Valuation

38
Valuation score
Overvalued
P/E
17.82
P/S
1.58
P/B
3.13
Current ratio
0.81
Debt / Equity
2.35
ROE
18.16%
Gross margin
82.30%
Income growth
-7.63%
FCF growth
-19.75

Sep

16

Dividends

The last payment date was Sep 16, 2024

Div. per Share

$0.18

Div. Yield

0.46%

Payout Ratio

38.77%

Div. Growth YoY

0.00%

Analysts estimates

Consensus rating
Strong buy

The average rating from top 7 analysts indicates that stock may significantly outperform the market

Str. Sell
Sell
Hold
Buy
Str. Buy
Avg. price target
$52.78
The top 9 analysts forecasts that 12-month price may increase by 37.09%, with a low of $34.34 and a high of $87.15
$34.34
Low
$52.78
Avg
$87.15
High
Current price

Earnings

Q2 ‘26 revenue
$253.47M
Q2 ‘26 net income
$21.07M
Revenue
Net income
Previous EPS
$1.62
Estimate EPS
$1.53
Actual EPS
Estimate EPS
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