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Progress Software Corporation

PRGS | US

31.29

USD

-0.53

-1.67%

PRGS | US

About Progress Software Corporation

Sector

Technology

Industry

Software-Application

Earnings date

31/08/2024

As of date

20/03/2026

Close

31.29

Open

31.82

High

31.82

Low

30.89

Progress Software Corporation develops deploys and manages business applications. The company offers OpenEdge an application development platform for running business-critical applications; Chef a DevOps/DevSecOps automation software; Developer Tools that consists of software development tooling collection including .NET and JavaScript UI components for web desktop and mobile applications reporting and report management tools and automated testing and mocking tools; Kemp LoadMaster a flexible application delivery and security product offering cloud-native and virtual and hardware load balancers; and Sitefinity a digital experience platform foundation delivering intelligent and ROI-driving tools for marketers. It also provides MOVEit a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit DataDirect a secure data connectivity tools for Relational NoSQL Big Data and SaaS data sources; WhatsUp Gold a network infrastructure monitoring software providing complete visibility of all network devices servers virtual machines and cloud and wireless environments to find and fix network problems; Flowmon a network security and visibility product with automated response across hybrid cloud ecosystems; and Corticon a decision automation platform to transform user experiences by streamlining and automating complex business rules. Further the company offers project management implementation custom development programming and other services as well as web-enable applications; and training services. It sells its products to end users independent software vendors original equipment manufacturers and system integrators. It has operations in the United States Canada Latin America Europe the Middle East Africa and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington Massachusetts.

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PRGS | US

Risk
55.6
Sharpe
-1.15
Luna's Score
24/100
Recommendation
Sell

Luna says (PRGS | US)

What's Working
What's not Working

Negative Momentum (Declining Price)

Weakness based on declining price with high volume

Price Below SMA10D

Smallcap (300M - 2B USD)

Weak P/E, and PEG ratio indicator

High Market Beta (> 0.8)

High Short percentage (> 15%)

High Debt to Equity (> 0.75)

High Debt to Asset (> 0.45)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

10 days

23.3%

1 month

55.6%

3 months

56.6%

6 months

46.0%

Returns

Fundamental Ratios

PE

35.44

Fwd. PE

12.06

Price to book

6.69

Debt to equity

1.87

Debt to assets

0.49

Ent. to EBITDA

15.02

Ent. to rev.

4.79

PEG

6.03

Other Fundamentals

EBITDA

242.88M

MarketCap

1.34B

MarketCap(USD)

1.34B

Div. yield

1.06

Op. margin

24.32

Erngs. growth

54.80

Rev. growth

2.10

Ret. on equity

18.98

Short ratio

6.22

Short perc.

16.19

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

Range10D

8.88

Range1M

12.17

Range3M

16.36

Volumes: Market Activity

Rel. volume

1.25

Price X volume

43.69M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Karooooo Ltd.KAROSoftware-Application45.691.41B-2.50%25.979.01%
TriMas CorporationTRSDiversified Industrials34.041.38B-0.21%28.9069.73%
Bitdeer Technologies Group Class A Ordinary SharesBTDRSoftware-Application8.111.36B-5.37%n/a24.45%
Lightspeed POS IncLSPDSoftware-Application8.731.33B-1.13%n/a0.00%
PDF Solutions IncPDFSSoftware-Application32.761.27B-3.59%n/a2.42%
Tennant CompanyTNCDiversified Industrials65.161.23B0.51%16.1038.92%
Five9 IncFIVNSoftware-Infrastructure15.531.16B-1.71%n/a229.68%
Eos Energy Enterprises IncEOSEElectrical Equipment & Parts5.191.13B-5.98%n/a-104.46%
Yalla Group LimitedYALASoftware-Application6.28997.70M0.96%5.960.26%
UPBDUPBDSoftware-Application17.21941.12M-0.06%30.50268.24%
  • 1

Diversifiers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
CTS CorporationCTSElectronic Components46.171.40B-2.18%27.1917.62%
Babcock & Wilcox Enterprises IncBWElectronic Components15.181.40B-3.13%n/a-267.72%
Preformed Line Products CompanyPLPCElectronic Components263.091.29B0.16%15.3611.33%
Energizer Holdings IncENRElectronic Components16.711.20B-0.89%233.212689.63%
American Superconductor CorporationAMSCElectronic Components28.741.10B-6.29%n/a2.95%
Allient Inc.ALNTElectronic Components60.341.02B-1.63%16.3397.78%
OUSTOUSTElectronic Components20.05969.02M-4.80%n/a39.55%
Winnebago Industries IncWGORecreational Vehicles33.41967.39M0.97%22.5356.33%
HUYA IncHUYAMedia - Diversified3.04688.17M-7.60%n/a0.00%
Fox Factory Holding CorpFOXFRecreational Vehicles16.08670.27M-1.83%42.0564.69%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA15.02-Cheaper
Ent. to Revenue4.79-Par
PE Ratio35.4450.43Cheaper
Price to Book6.699.90Cheaper
Dividend Yield1.06-Poor
Std. Deviation (3M)56.65-Par
Debt to Equity1.870.13Expensive
Debt to Assets0.490.22Expensive
Market Cap1.34B-Emerging
  • 1

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