PRGS — Progress Software Share Price

As of Today at 19:17 UTC, shares in Progress Software are trading at $50.98. This share price information is delayed by 15 minutes.

Shares in Progress Software last closed at $50.98 and the price had moved by -10.26% over the past 365 days. In terms of relative price strength the Progress Software share price has underperformed the S&P500 Index by -27.53% over the past year.

The overall consensus recommendation for Progress Software is Buy. You can view the full broker recommendation list by unlocking its StockReport.

The Progress Software dividend yield is 1.37% based on the trailing twelve month period.

Last year, Progress Software paid a total dividend of $0.70, and it currently has a trailing dividend yield of 1.37%.Looking ahead, shares in Progress Software are due to go ex-dividend on 2024-06-03 and the next dividend pay date is 2024-06-17.

Progress Software are due to go ex-dividend on 2024-06-03 and the next dividend pay date is 2024-06-17. The historic dividend yield on Progress Software shares is currently 1.37%.

To buy shares in Progress Software you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

As of the previous close price of $50.98, shares in Progress Software had a market capitalisation of $2.20bn.

Here are the trading details for Progress Software: 

• Country of listing: United States
• Exchange: NSQ
• Ticker Symbol: PRGS

Based on an overall assessment of its quality, value and momentum Progress Software is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

The analyst consensus target price for shares in Progress Software is $63.67.  That is 24.89% above the last closing price of $50.98.

Analysts covering Progress Software currently have a consensus Earnings Per Share (EPS) forecast of $4.69 for the next financial year.

An important predictor of whether a stock price will go up is its track record of momentum.  Price trends tend to persist, so it's worth looking at them when it comes to a share like Progress Software. Over the past six months, its share price has underperformed the S&P500 Index by -16.84%.

As of the last closing price of $50.98, shares in Progress Software were trading -7.82% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

The Progress Software PE ratio based on its reported earnings over the past 12 months is 10.6. The shares last closed at $50.98. 

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Progress Software's management team is headed by: 

• John Egan - NEC
• Yogesh Gupta - PRE
• Anthony Folger - CFO
• Katie Kulikoski - CHO
• Loren Jarrett - SVP
• Sundar Subramanian - SVP
• John Ainsworth - SVP
• Gary Quinn - SVP
• Jeremy Segal - SVP
• Ian Pitt - CIO
• Jennifer Ortiz - VPR
• Stephen Faberman - OTH
• Paul Dacier - IND
• Rainer Gawlick - IND
• Charles Kane - IND
• Samskriti King - IND
• David Krall - IND
• Angela Tucci - IND
• Vivian Vitale - IND