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Progress Software Corporation PRGS NASDAQ

NASDAQ Global Select • Technology • Software - Application • US • USD

SharesGrow Score
54/100
3/7 Pass
SharesGrow Intrinsic Value
$168.96
+499.6%
Analyst Price Target
$45.00
+59.7%

Progress Software Corporation (PRGS) is a Software - Application company in the Technology sector, currently trading at $28.18. It has a SharesGrow Score of 54/100, indicating a mixed investment profile with 3 out of 7 criteria passed.

SharesGrow calculates the intrinsic value of PRGS = $168.96 (+499.6% from the current price, the stock appears undervalued). Analyst consensus target is PRGS = $45 (+59.7% upside).

Valuation: PRGS trades at a trailing Price-to-Earnings (P/E) of 13.7 (S&P 500 average ~25) with a forward Price/Earnings-to-Growth (PEG) of 10.37.

Financials: revenue is $978M, +17.9%/yr average growth. Net income is $73M, growing at -7.3%/yr. Net profit margin is 7.5% (thin). Gross margin is 80.8% (-3.5 pp trend).

Balance sheet: total debt is $851M against $478M equity (Debt-to-Equity (D/E) ratio 1.78, leveraged). Current ratio is 0.49 (tight liquidity). Debt-to-assets is 34.6%. Total assets: $2.5B.

Analyst outlook: 7 / 13 analysts rate PRGS as buy (54%) — moderate consensus.

SharesGrow 7-Criteria breakdown: Value 63/100 (Pass), Growth 48/100 (Partial), Past 100/100 (Pass), Health 0/100 (Fail), Moat 61/100 (Partial), Future 64/100 (Pass), Income 45/100 (Partial).

$45.00
▲ 59.69% Upside
Average Price Target
The 12-month price target for Progress Software Corporation is $45.00.

PRGS SharesGrow Score Overview

64/100
SharesGrow Score
Above average fundamentals
View full scorecard →
VALUE 63/100
Valuation — P/E, PEG, Forward PEG
GROWTH 48/100
Financials — average growth
PAST 100/100
strong — trend
HEALTH 0/100
Balance sheet — Debt-to-Equity (D/E) ratio, Current ratio is
MOAT 61/100
Gross margin is + market cap
FUTURE 64/100
Analyst outlook — as buy
INCOME 45/100
Net profit margin is
Scores derived from financial statements, analyst ratings, and balance sheet data.

Stock Chart & Stats

Market Data
52-Week Range23.82-65.5
Volume680.85K
Avg Volume (30D)1.56M
Market Cap$1.19B
Beta (1Y)0.76
Dividend Yield$0.7000
Share Statistics
EPS (TTM)1.70
Shares Outstanding$43M
IPO Date1991-07-30
Employees2,815
CEOYogesh K. Gupta
Financial Highlights & Ratios
Revenue (TTM)$977.83M
Gross Profit$790.25M
EBITDA$159.52M
Net Income$73.13M
Operating Income$153.29M
Total Cash$94.81M
Total Debt$850.99M
Net Debt$756.19M
Total Assets$2.46B
Price / Earnings (P/E)16.6
Price / Sales (P/S)1.21
Analyst Forecast
1Y Price Target$45.00
Target High$45.00
Target Low$45.00
Upside+59.7%
Rating ConsensusBuy
Analysts Covering13
Buy 54% Hold 38% Sell 8%
Price Target Summary
Company Info
CountryUS
ExchangeNASDAQ Global Select
CurrencyUSD
ISINUS7433121008

Price Chart

PRGS
Progress Software Corporation  ·  NASDAQ Global Select
Technology • Software - Application
23.82 52WK RANGE 65.50
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