Is Progress Software Stock a Good Investment?
Progress Software Investment Advice | PRGS |
- Examine Progress Software's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Progress Software's leadership team and their track record. Good management can help Progress Software navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Systems Software space and any emerging trends that could impact Progress Software's business and its evolving consumer preferences.
- Compare Progress Software's performance and market position to its competitors. Analyze how Progress Software is positioned in terms of product offerings, innovation, and market share.
- Check if Progress Software pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Progress Software's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Progress Software stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Progress Software is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Progress Software Stock
Researching Progress Software's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 98.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.2. Progress Software last dividend was issued on the 30th of August 2024. The entity had 3:2 split on the 31st of January 2011.
To determine if Progress Software is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Progress Software's research are outlined below:
| Progress Software generated a negative expected return over the last 90 days | |
| Progress Software has a frail financial position based on the latest SEC disclosures | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: NASA to Provide Coverage of Progress 91 Launch, Space Station Docking |
Progress Software Quarterly Cost Of Revenue |
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Progress Software uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Progress Software. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Progress Software's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 26th of March 2024 Upcoming Quarterly Report | View | |
| 4th of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 21st of January 2025 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 30th of November 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Progress Software's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Progress Software's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2001-09-18 | 2001-08-31 | 0.08 | 0.09 | 0.01 | 12 | ||
2001-03-20 | 2001-02-28 | 0.04 | 0.03 | -0.01 | 25 | ||
1998-03-18 | 1998-02-28 | 0.05 | 0.06 | 0.01 | 20 | ||
1997-12-19 | 1997-11-30 | 0.06 | 0.07 | 0.01 | 16 | ||
1997-09-17 | 1997-08-31 | 0.03 | 0.04 | 0.01 | 33 | ||
1996-03-26 | 1996-02-29 | 0.08 | 0.07 | -0.01 | 12 | ||
1995-06-23 | 1995-05-31 | 0.07 | 0.08 | 0.01 | 14 | ||
1995-03-27 | 1995-02-28 | 0.06 | 0.07 | 0.01 | 16 |
Know Progress Software's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Progress Software is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Progress Software backward and forwards among themselves. Progress Software's institutional investor refers to the entity that pools money to purchase Progress Software's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Principal Financial Group Inc | 2024-12-31 | 990.4 K | Macquarie Group Ltd | 2024-12-31 | 966.2 K | Renaissance Technologies Corp | 2024-12-31 | 920.6 K | Wellington Management Company Llp | 2024-12-31 | 878.3 K | Allspring Global Investments Holdings, Llc | 2024-12-31 | 838.4 K | Amvescap Plc. | 2024-12-31 | 802.5 K | Deutsche Bank Ag | 2024-12-31 | 789.1 K | Mizuho Markets Americas Llc | 2024-12-31 | 706.3 K | Bank Of America Corp | 2024-12-31 | 677.4 K | Blackrock Inc | 2024-12-31 | 7.2 M | Vanguard Group Inc | 2024-12-31 | 5.9 M |
Progress Software's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.42 B.Market Cap |
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Progress Software's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.12 | 0.08 | |
| Return On Capital Employed | 0.07 | 0.07 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.18 | 0.14 |
Determining Progress Software's profitability involves analyzing its financial statements and using various financial metrics to determine if Progress Software is a good buy. For example, gross profit margin measures Progress Software's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Progress Software's profitability and make more informed investment decisions.
Progress Software's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Progress Software's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Progress Software. Check Progress Software's Beneish M Score to see the likelihood of Progress Software's management manipulating its earnings.
Evaluate Progress Software's management efficiency
Progress Software has return on total asset (ROA) of 0.0476 % which means that it generated a profit of $0.0476 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1523 %, meaning that it created $0.1523 on every $100 dollars invested by stockholders. Progress Software's management efficiency ratios could be used to measure how well Progress Software manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.08 in 2025. Return On Capital Employed is likely to drop to 0.07 in 2025. At this time, Progress Software's Debt To Assets are comparatively stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 9.13 | 4.69 | |
| Tangible Book Value Per Share | (41.91) | (39.82) | |
| Enterprise Value Over EBITDA | 26.66 | 16.69 | |
| Price Book Value Ratio | 7.76 | 4.73 | |
| Enterprise Value Multiple | 26.66 | 16.69 | |
| Price Fair Value | 7.76 | 4.73 | |
| Enterprise Value | 1.5 B | 1.5 B |
At Progress Software, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Basic technical analysis of Progress Stock
As of the 25th of February, Progress Software holds the Variance of 3.6, risk adjusted performance of (0.09), and Coefficient Of Variation of (774.56). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Progress Software, as well as the relationship between them. Please check Progress Software market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Progress Software is priced some-what accurately, providing market reflects its current price of 56.71 per share. Given that Progress Software has information ratio of (0.13), we recommend you to check out Progress Software's recent market performance to make sure the company can sustain itself at a future point.Progress Software's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Progress Software insiders, such as employees or executives, is commonly permitted as long as it does not rely on Progress Software's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Progress Software insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Progress Software's Outstanding Corporate Bonds
Progress Software issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Progress Software uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Progress bonds can be classified according to their maturity, which is the date when Progress Software has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| PROGRESSIVE P OH Corp BondUS743315AJ20 | View | |
| PROGRESSIVE P OH Corp BondUS743315AL75 | View | |
| PROGRESSIVE P OH Corp BondUS743315AP89 | View | |
| PROGRESSIVE P OH Corp BondUS743315AQ62 | View | |
| PROGRESSIVE P OH Corp BondUS743315AR46 | View | |
| PROGRESSIVE P OH Corp BondUS743315AS29 | View | |
| PROGRESSIVE P OH Corp BondUS743315AT02 | View | |
| PROGRESSIVE P OH Corp BondUS743315AV57 | View |
Understand Progress Software's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Progress Software's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | (0.65) | |||
| Mean Deviation | 1.26 | |||
| Coefficient Of Variation | (774.56) | |||
| Standard Deviation | 1.9 | |||
| Variance | 3.6 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.66) | |||
| Maximum Drawdown | 12.27 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 2.01 | |||
| Skewness | (2.32) | |||
| Kurtosis | 9.74 |
| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | (0.65) | |||
| Mean Deviation | 1.26 | |||
| Coefficient Of Variation | (774.56) | |||
| Standard Deviation | 1.9 | |||
| Variance | 3.6 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.66) | |||
| Maximum Drawdown | 12.27 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 2.01 | |||
| Skewness | (2.32) | |||
| Kurtosis | 9.74 |
Consider Progress Software's intraday indicators
Progress Software intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Progress Software stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Progress Software Corporate Filings
F4 | 4th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 21st of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 10th of January 2025 An amendment to a previously filed Form 8-K | ViewVerify |
10Q | 8th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Progress Stock media impact
Far too much social signal, news, headlines, and media speculation about Progress Software that are available to investors today. That information is available publicly through Progress media outlets and privately through word of mouth or via Progress internal channels. However, regardless of the origin, that massive amount of Progress data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Progress Software news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Progress Software relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Progress Software's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Progress Software alpha.
Progress Software Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Progress Software can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Progress Software Historical Investor Sentiment
Investor biases related to Progress Software's public news can be used to forecast risks associated with an investment in Progress. The trend in average sentiment can be used to explain how an investor holding Progress can time the market purely based on public headlines and social activities around Progress Software. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Progress Software's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Progress Software and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Progress Software news discussions. The higher the estimate score, the more favorable the investor's outlook on Progress Software.
Progress Software Maximum Pain Price Across April 17th 2025 Option Contracts
Progress Software's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Progress Software close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Progress Software's options.
Progress Software Corporate Management
| Amanda Arria | Chief Officer | Profile | |
| Sundar Subramanian | Executive Management | Profile | |
| Jeremy Segal | Executive Development | Profile | |
| Katie Kulikoski | Ex Officer | Profile |
Additional Tools for Progress Stock Analysis
When running Progress Software's price analysis, check to measure Progress Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progress Software is operating at the current time. Most of Progress Software's value examination focuses on studying past and present price action to predict the probability of Progress Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progress Software's price. Additionally, you may evaluate how the addition of Progress Software to your portfolios can decrease your overall portfolio volatility.