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 Sell
Market Performance | Weakest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Small | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | 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 book value of Progress Software was at this time reported as 10.5. The company has Price/Earnings To Growth (PEG) ratio of 1.54. 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 |
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 |
Progress Software's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.89 B.Progress Software's profitablity analysis
The company has Profit Margin (PM) of 0.07 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.18 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.18.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.
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.
Basic technical analysis of Progress Stock
As of the 10th of August, Progress Software holds the Risk Adjusted Performance of (0.17), variance of 5.06, and Coefficient Of Variation of (431.89). 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 43.92 per share. Given that Progress Software has information ratio of (0.29), 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 BondUS743315AR46 | View | |
| PROGRESSIVE P OH Corp BondUS743315AS29 | View | |
| PROGRESSIVE P OH Corp BondUS743315AT02 | View | |
| PROGRESSIVE P OH Corp BondUS743315AV57 | View | |
| US743315AW31 Corp BondUS743315AW31 | 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 | (0.17) | |||
| Market Risk Adjusted Performance | 1.7 | |||
| Mean Deviation | 1.5 | |||
| Coefficient Of Variation | (431.89) | |||
| Standard Deviation | 2.25 | |||
| Variance | 5.06 | |||
| Information Ratio | (0.29) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | 1.69 | |||
| Maximum Drawdown | 15.01 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 1.78 | |||
| Skewness | (2.99) | |||
| Kurtosis | 14.7 |
| Risk Adjusted Performance | (0.17) | |||
| Market Risk Adjusted Performance | 1.7 | |||
| Mean Deviation | 1.5 | |||
| Coefficient Of Variation | (431.89) | |||
| Standard Deviation | 2.25 | |||
| Variance | 5.06 | |||
| Information Ratio | (0.29) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | 1.69 | |||
| Maximum Drawdown | 15.01 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 1.78 | |||
| Skewness | (2.99) | |||
| Kurtosis | 14.7 |
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 time-series forecasting models is one of many Progress Software's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Progress Software's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Progress Stock media impact
There is far too much social signal, news, headlines, and media speculation about Progress Software that are available to investors today. This information is accessible both publicly - through Progress Software's media outlets and privately, via word of mouth or internal channels. However, regardless of the source, the sheer volume of Progress-related data is difficult to distill into actionable insights, especially for investors who are not well-versed in the rapidly evolving tools and techniques of investment management.
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 Corporate Management
| Amanda Arria | Chief Officer | Profile | |
| Michael Micciche | Senior Relations | Profile | |
| Sundar Subramanian | Executive Management | Profile | |
| Jeremy Segal | Executive Development | 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.