Progress Software Stock Today

PRGS Stock  USD 56.17  1.82  3.14%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Below Average

 
High
 
Low
Progress Software is selling for under 56.17 as of the 6th of April 2025; that is 3.14% down since the beginning of the trading day. The stock's lowest day price was 56.02. Progress Software has about a 34 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 6th of January 2025 and ending today, the 6th of April 2025. Click here to learn more.
Business Domain
Software & Services
IPO Date
30th of July 1991
Category
Technology
Classification
Information Technology
Progress Software Corporation develops, deploys, and manages business applications. The company was founded in 1981 and is headquartered in Burlington, Massachusetts. Progress Software operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 43.03 M outstanding shares of which 5.94 M shares are at this time shorted by private and institutional investors with about 9.48 trading days to cover. More on Progress Software

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Progress Stock Highlights

ESG Sustainability
Environmental
Governance
Social
NonVoting CEOMichael Mark
Business ConcentrationSystems Software, Software - Infrastructure, Information Technology, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.330.34
Sufficiently Down
Slightly volatile
Gross Profit Margin0.620.74
Fairly Down
Pretty Stable
Total Current Liabilities549.6 M523.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities TotalB1.9 B
Sufficiently Up
Slightly volatile
Total Assets3.1 B2.9 B
Sufficiently Up
Slightly volatile
Total Current Assets292 M424.1 M
Way Down
Pretty Stable
Total Cash From Operating Activities255.4 M243.2 M
Sufficiently Up
Slightly volatile
Debt Levels
Progress Software can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Progress Software's financial leverage. It provides some insight into what part of Progress Software's total assets is financed by creditors.
Liquidity
Progress Software currently holds 831.73 M in liabilities with Debt to Equity (D/E) ratio of 1.76, which is about average as compared to similar companies. Progress Software has a current ratio of 1.27, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Progress Software's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

7.58 Million
Progress Software (PRGS) is traded on NASDAQ Exchange in USA. It is located in 15 Wayside Road, Burlington, MA, United States, 01803 and employs 2,815 people. Progress Software is listed under Systems Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.42 B. Progress Software conducts business under Software sector and is part of Information Technology industry. The entity has 43.03 M outstanding shares of which 5.94 M shares are at this time shorted by private and institutional investors with about 9.48 trading days to cover. Progress Software currently holds about 224.86 M in cash with 211.49 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.23.
Check Progress Software Probability Of Bankruptcy
Ownership Allocation
Progress Software owns a total of 43.03 Million outstanding shares. The majority of Progress Software outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Progress Software to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Progress Software. Please pay attention to any change in the institutional holdings of Progress Software as this could imply that something significant has changed or is about to change at the company. Also note that almost twelve thousand nine hundred eight invesors are currently shorting Progress Software expressing very little confidence in its future performance.
Check Progress Ownership Details

Progress Stock Institutional Holders

InstituionRecorded OnShares
Macquarie Group Ltd2024-12-31
966.2 K
Renaissance Technologies Corp2024-12-31
920.6 K
Wellington Management Company Llp2024-12-31
878.3 K
Allspring Global Investments Holdings, Llc2024-12-31
838.4 K
Amvescap Plc.2024-12-31
802.5 K
Deutsche Bank Ag2024-12-31
789.1 K
Mizuho Markets Americas Llc2024-12-31
706.3 K
Bank Of America Corp2024-12-31
677.4 K
Jefferies Financial Group Inc2024-12-31
676.8 K
Blackrock Inc2024-12-31
7.2 M
Vanguard Group Inc2024-12-31
5.9 M
View Progress Software Diagnostics

Progress Software Historical Income Statement

At this time, Progress Software's Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 113.8 M in 2025, despite the fact that Total Other Income Expense Net is likely to grow to (25.4 M). View More Fundamentals

Progress Stock Against Markets

Progress Software Corporate Management

Amanda ArriaChief OfficerProfile
Michael MiccicheSenior RelationsProfile
Sundar SubramanianExecutive ManagementProfile
Jeremy SegalExecutive DevelopmentProfile

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.