Progress Software (PRGS) Stock Insights
PRGS$44.42-0.83 -1.83%
$1.82B
Market Cap
21.21
P/E
7.18
Forward P/E
59
Score
Progress Software (PRGS) Stock Insights
PRGS price $44.42 -0.83 -1.83%
- Ticker
- PRGS
- Price
- $44.42
- Change
- -0.83 -1.83%
- Market cap ?
- $1.82B
- P/E ?
- 21.21
- Forward P/E ?
- 7.18
- Dividend yield ?
- 0.00%
- Beta ?
- 0.89
- Sector
- Technology
- Industry
- Software - Infrastructure
- Stocklytics score
- 59
- Value
- 71
- Quality
- 45
- Growth
- 62
Stocklytics score rationale: value 71, quality 45, growth 62.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 405341000 | 397572000 | 397165000 | 413298000 | 442150000 | 531313000 | 602013000 | 694439000 | 753409000 | 977831000 |
Progress Software Corporation (PRGS) specializes in providing technology solutions that enable businesses to create, launch, and oversee their software applications. The company's extensive product suite includes: OpenEdge, a powerful development platform used to construct secure, multi-language applications that can be deployed across diverse platforms, devices, and cloud infrastructures. A comprehensive set of…
Fair value
PRGS fair value $167.83. Price $44.42. Price is 74% below fair value.
Below fair value, and cheaper than usual. A larger discount than on 82% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 319.15M. Growth 7.14%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.17% (beta 0.9). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 40.87M. Net debt 756.19M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2027-01-19 | — | 1.27 | — | 300.31M |
| 2026-09-30 | 1.69 | 1.52 | 246.00M | 247.33M |
| 2026-06-30 | 1.62 | 1.49 | 237.35M | 242.74M |
| 2026-03-30 | 1.60 | 1.57 | 247.80M | 246.41M |
| 2026-01-20 | 1.51 | 1.31 | 252.67M | 252.93M |
| 2025-09-29 | 1.50 | 1.30 | 249.79M | 240.11M |
| 2025-06-30 | 1.40 | 1.30 | 237.35M | 239.98M |
| 2025-03-31 | 1.31 | 1.06 | 238.01M | 235.63M |
| 2025-01-21 | 1.33 | 1.21 | 214.96M | 235.84M |
| 2024-09-24 | 1.26 | 1.14 | 178.69M | 176.16M |
| 2024-06-25 | 1.09 | 0.95 | 175.08M | 168.42M |
| 2024-03-26 | 1.25 | 1.14 | 184.69M | 181.91M |
| 2024-01-16 | 1.02 | 0.91 | 176.97M | 174.05M |
| 2023-09-26 | 1.08 | 1.00 | 174.99M | 174.05M |
| 2023-06-29 | 1.06 | 0.90 | 178.25M | 169.78M |
| 2023-03-28 | 1.19 | 1.04 | 164.23M | 158.66M |
| 2023-01-17 | 1.12 | 1.09 | 157.13M | 162.14M |
| 2022-09-27 | 1.00 | 0.97 | 151.22M | 148.10M |
| 2022-06-28 | 1.04 | 0.95 | 148.75M | 146.45M |
| 2022-03-29 | 0.97 | 0.85 | 144.92M | 138.94M |
| 2022-01-18 | 0.92 | 0.74 | 140.13M | 140.55M |
| 2021-09-23 | 1.18 | 0.83 | 147.42M | 118.14M |
| 2021-06-24 | 0.82 | 0.72 | 122.49M | 121.86M |
| 2021-03-25 | 0.95 | 0.75 | 121.28M | 121.39M |
| 2021-01-14 | 0.91 | 0.77 | 122.39M | 101.99M |
| 2020-09-29 | 0.78 | 0.77 | 109.70M | 108.29M |
| 2020-06-25 | 0.63 | 0.64 | 100.38M | 101.98M |
| 2020-03-26 | 0.76 | 0.71 | 109.68M | 101.02M |
| 2020-01-16 | 0.79 | 0.75 | 117.04M | 111.11M |
| 2019-09-26 | 0.75 | 0.70 | 106.72M | 96.76M |
| 2019-06-27 | 0.65 | 0.59 | 100.00M | 87.69M |
| 2019-03-28 | 0.50 | 0.51 | 89.55M | 84.18M |
| 2019-01-17 | 0.76 | 0.74 | 111.33M | 94.23M |
| 2018-09-27 | 0.60 | 0.58 | 95.68M | 92.51M |
| 2018-06-27 | 0.60 | 0.54 | 96.10M | 82.06M |
| 2018-03-28 | 0.54 | 0.48 | 94.05M | 83.03M |
| 2018-01-10 | 0.67 | 0.62 | 116.08M | 98.06M |
| 2017-09-27 | 0.48 | 0.48 | 97.31M | 93.25M |
| 2017-06-28 | 0.42 | 0.37 | 93.21M | 82.10M |
| 2017-03-29 | 0.34 | 0.28 | 90.97M | 69.59M |
Dividends
Yield 0.00%. Payout ratio 0.54%. Frequency Quarterly.
Safety score 55/100 · Moderate. Payout ratio is 1% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. Dividends were paid in 9 separate years. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2024-08-30 | $0.17 | 2024-09-02 | 2024-09-16 | Quarterly |
| 2024-06-03 | $0.17 | 2024-06-03 | 2024-06-17 | Quarterly |
| 2024-02-29 | $0.17 | 2024-03-01 | 2024-03-15 | Quarterly |
| 2023-11-30 | $0.17 | 2023-12-01 | 2023-12-15 | Quarterly |
| 2023-08-31 | $0.17 | 2023-09-01 | 2023-09-15 | Quarterly |
| 2023-05-31 | $0.17 | 2023-06-01 | 2023-06-15 | Quarterly |
| 2023-02-28 | $0.17 | 2023-03-01 | 2023-03-15 | Quarterly |
| 2022-11-30 | $0.17 | 2022-12-01 | 2022-12-15 | Quarterly |
| 2022-08-31 | $0.17 | 2022-09-01 | 2022-09-15 | Quarterly |
| 2022-05-31 | $0.17 | 2022-06-01 | 2022-06-15 | Quarterly |
| 2022-02-28 | $0.17 | 2022-03-01 | 2022-03-15 | Quarterly |
| 2021-11-30 | $0.17 | 2021-12-01 | 2021-12-15 | Quarterly |
| 2021-08-31 | $0.17 | 2021-09-01 | 2021-09-15 | Quarterly |
| 2021-05-28 | $0.17 | 2021-06-01 | 2021-06-15 | Quarterly |
| 2021-02-26 | $0.17 | 2021-03-01 | 2021-03-15 | Quarterly |
| 2020-11-30 | $0.17 | 2020-12-01 | 2020-12-15 | Quarterly |
| 2020-08-31 | $0.17 | 2020-09-01 | 2020-09-15 | Quarterly |
| 2020-05-29 | $0.17 | 2020-06-01 | 2020-06-15 | Quarterly |
| 2020-02-28 | $0.17 | 2020-03-02 | 2020-03-16 | Quarterly |
| 2019-11-29 | $0.17 | 2019-12-02 | 2019-12-16 | Quarterly |
| 2019-08-29 | $0.15 | 2019-09-02 | 2019-09-16 | Quarterly |
| 2019-05-31 | $0.15 | 2019-06-03 | 2019-06-17 | Quarterly |
| 2019-02-28 | $0.15 | 2019-03-01 | 2019-03-15 | Quarterly |
| 2018-11-30 | $0.15 | 2018-12-03 | 2018-12-17 | Quarterly |
| 2018-08-30 | $0.14 | 2018-09-03 | 2018-09-17 | Quarterly |
| 2018-05-31 | $0.14 | 2018-06-01 | 2018-06-15 | Quarterly |
| 2018-02-28 | $0.14 | 2018-03-01 | 2018-03-15 | Quarterly |
| 2017-11-30 | $0.14 | 2017-12-01 | 2017-12-15 | Quarterly |
| 2017-08-30 | $0.12 | 2017-09-01 | 2017-09-15 | Quarterly |
| 2017-05-30 | $0.12 | 2017-06-01 | 2017-06-15 | Quarterly |
| 2017-02-27 | $0.12 | 2017-03-01 | 2017-03-15 | Quarterly |
| 2016-11-29 | $0.12 | 2016-12-01 | 2016-12-15 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-21 | Jarrett Loren | Sell | 2.09K | $43.47 | 90.68K |
| 2026-10-16 | FOLGER ANTHONY | Sell | 1.70K | $40.09 | 68.15K |
| 2026-10-16 | FOLGER ANTHONY | Sell | 1.37K | $40.69 | 55.62K |
| 2026-10-05 | WANG YUFAN STEPHANIE | Sell | 1.25K | $37.00 | 46.06K |
| 2026-10-01 | WANG YUFAN STEPHANIE | Sell | 1.70K | — | — |
| 2026-10-01 | WANG YUFAN STEPHANIE | Buy | 1.70K | — | — |
| 2026-10-01 | WANG YUFAN STEPHANIE | Sell | 753 | $38.99 | 29.36K |
| 2026-10-01 | WANG YUFAN STEPHANIE | Buy | 1.20K | — | — |
| 2026-10-01 | WANG YUFAN STEPHANIE | Sell | 533 | $38.99 | 20.78K |
| 2026-10-01 | WANG YUFAN STEPHANIE | Sell | 1.20K | — | — |
| 2026-10-01 | WANG YUFAN STEPHANIE | Buy | 1.04K | — | — |
| 2026-10-01 | WANG YUFAN STEPHANIE | Sell | 461 | $38.99 | 17.97K |
| 2026-10-01 | WANG YUFAN STEPHANIE | Sell | 1.04K | — | — |
| 2026-10-01 | Subramanian Sundar | Buy | 2.22K | — | — |
| 2026-10-01 | Subramanian Sundar | Sell | 986 | $38.99 | 38.44K |
| 2026-10-01 | Subramanian Sundar | Buy | 1.71K | — | — |
| 2026-10-01 | Subramanian Sundar | Sell | 758 | $38.99 | 29.55K |
| 2026-10-01 | Subramanian Sundar | Buy | 1.17K | — | — |
| 2026-10-01 | Subramanian Sundar | Sell | 519 | $38.99 | 20.24K |
| 2026-10-01 | Subramanian Sundar | Sell | 2.22K | — | — |
| 2026-10-01 | Subramanian Sundar | Sell | 1.71K | — | — |
| 2026-10-01 | Subramanian Sundar | Sell | 1.17K | — | — |
| 2026-10-01 | LoCoco Domenic | Buy | 1.17K | — | — |
| 2026-10-01 | LoCoco Domenic | Sell | 344 | $38.99 | 13.41K |
| 2026-10-01 | LoCoco Domenic | Buy | 924 | — | — |
| 2026-10-01 | LoCoco Domenic | Sell | 272 | $38.99 | 10.61K |
| 2026-10-01 | LoCoco Domenic | Buy | 807 | — | — |
| 2026-10-01 | LoCoco Domenic | Sell | 237 | $38.99 | 9.24K |
| 2026-10-01 | LoCoco Domenic | Sell | 1.17K | — | — |
| 2026-10-01 | LoCoco Domenic | Sell | 924 | — | — |
| 2026-10-01 | LoCoco Domenic | Sell | 807 | — | — |
| 2026-10-01 | Jarrett Loren | Buy | 2.22K | — | — |
| 2026-10-01 | Jarrett Loren | Sell | 1.07K | $38.99 | 41.91K |
| 2026-10-01 | Jarrett Loren | Buy | 1.71K | — | — |
| 2026-10-01 | Jarrett Loren | Sell | 827 | $38.99 | 32.24K |
| 2026-10-01 | Jarrett Loren | Buy | 1.17K | — | — |
| 2026-10-01 | Jarrett Loren | Sell | 2.22K | — | — |
| 2026-10-01 | Jarrett Loren | Sell | 565 | $38.99 | 22.03K |
| 2026-10-01 | Jarrett Loren | Sell | 1.71K | — | — |
| 2026-10-01 | Jarrett Loren | Sell | 1.17K | — | — |
| 2026-10-01 | Gupta Yogesh K | Buy | 11.58K | — | — |
| 2026-10-01 | Gupta Yogesh K | Sell | 5.60K | $38.99 | 218.31K |
| 2026-10-01 | Gupta Yogesh K | Buy | 8.31K | — | — |
| 2026-10-01 | Gupta Yogesh K | Sell | 4.02K | $38.99 | 156.78K |
| 2026-10-01 | Gupta Yogesh K | Buy | 7.35K | — | — |
| 2026-10-01 | Gupta Yogesh K | Sell | 3.55K | $38.99 | 138.57K |
| 2026-10-01 | Gupta Yogesh K | Sell | 11.58K | — | — |
| 2026-10-01 | Gupta Yogesh K | Sell | 8.31K | — | — |
| 2026-10-01 | Gupta Yogesh K | Sell | 7.35K | — | — |
| 2026-10-01 | FOLGER ANTHONY | Buy | 4.68K | — | — |
| 2026-10-01 | FOLGER ANTHONY | Sell | 2.08K | $38.99 | 80.90K |
| 2026-10-01 | FOLGER ANTHONY | Buy | 3.05K | — | — |
| 2026-10-01 | FOLGER ANTHONY | Sell | 1.35K | $38.99 | 52.75K |
| 2026-10-01 | FOLGER ANTHONY | Buy | 2.46K | — | — |
| 2026-10-01 | FOLGER ANTHONY | Sell | 1.09K | $38.99 | 42.62K |
| 2026-10-01 | FOLGER ANTHONY | Sell | 4.68K | — | — |
| 2026-10-01 | FOLGER ANTHONY | Sell | 3.05K | — | — |
| 2026-10-01 | FOLGER ANTHONY | Sell | 2.46K | — | — |
| 2026-10-01 | Ainsworth John | Buy | 2.22K | — | — |
| 2026-10-01 | Ainsworth John | Sell | 986 | $38.99 | 38.44K |
| 2026-10-01 | Ainsworth John | Buy | 1.71K | — | — |
| 2026-10-01 | Ainsworth John | Sell | 758 | $38.99 | 29.55K |
| 2026-10-01 | Ainsworth John | Buy | 1.17K | — | — |
| 2026-10-01 | Ainsworth John | Sell | 519 | $38.99 | 20.24K |
| 2026-10-01 | Ainsworth John | Sell | 2.22K | — | — |
| 2026-10-01 | Ainsworth John | Sell | 1.71K | — | — |
| 2026-10-01 | Ainsworth John | Sell | 1.17K | — | — |
| 2026-08-14 | FOLGER ANTHONY | Sell | 2.00K | $44.80 | 89.60K |
| 2026-07-29 | Jarrett Loren | Sell | 9.96K | $41.63 | 414.76K |
| 2026-07-29 | Jarrett Loren | Sell | 1.78K | $41.49 | 74.02K |
| 2026-07-02 | VITALE VIVIAN M | Buy | 5.86K | $38.42 | 225.03K |
| 2026-07-02 | Tucci Angela | Buy | 5.86K | $38.42 | 225.03K |
| 2026-07-02 | Kane Charles Francis | Buy | 5.86K | $38.42 | 225.03K |
| 2026-07-02 | KRALL DAVID | Buy | 5.86K | $38.42 | 225.03K |
| 2026-07-02 | King Samskriti | Buy | 5.86K | $38.42 | 225.03K |
| 2026-07-02 | Gawlick Rainer | Buy | 5.86K | $38.42 | 225.03K |
| 2026-07-02 | EGAN JOHN R | Buy | 5.86K | $38.42 | 225.03K |
| 2026-07-02 | DACIER PAUL T | Buy | 5.86K | $38.42 | 225.03K |
| 2026-07-01 | Subramanian Sundar | Buy | 10.60K | $38.06 | 403.32K |
| 2026-07-01 | Subramanian Sundar | Sell | 10.60K | $38.27 | 405.55K |
| 2026-07-01 | Subramanian Sundar | Sell | 10.60K | $38.06 | 403.32K |
| 2026-05-19 | FOLGER ANTHONY | Sell | 4.07K | $29.05 | 118.35K |
| 2026-05-19 | FOLGER ANTHONY | Sell | 400 | $29.96 | 11.98K |
| 2026-05-18 | WANG YUFAN STEPHANIE | Sell | 1.50K | $28.44 | 42.66K |
| 2026-05-18 | WANG YUFAN STEPHANIE | Sell | 3.52K | $29.04 | 102.19K |
| 2026-04-01 | Ainsworth John | Buy | 1.71K | — | — |
| 2026-04-01 | Ainsworth John | Sell | 758 | $24.96 | 18.92K |
| 2026-04-01 | Ainsworth John | Buy | 1.17K | — | — |
| 2026-04-01 | Ainsworth John | Sell | 518 | $24.96 | 12.93K |
| 2026-04-01 | Ainsworth John | Buy | 1.17K | — | — |
| 2026-04-01 | Ainsworth John | Sell | 519 | $24.96 | 12.95K |
| 2026-04-01 | Ainsworth John | Sell | 1.71K | — | — |
| 2026-04-01 | Ainsworth John | Sell | 1.17K | — | — |
| 2026-04-01 | Ainsworth John | Sell | 1.17K | — | — |
| 2026-04-01 | FOLGER ANTHONY | Buy | 3.05K | — | — |
| 2026-04-01 | FOLGER ANTHONY | Sell | 1.35K | $24.96 | 33.77K |
| 2026-04-01 | FOLGER ANTHONY | Buy | 2.46K | — | — |
| 2026-04-01 | FOLGER ANTHONY | Sell | 1.09K | $24.96 | 27.28K |
| 2026-04-01 | FOLGER ANTHONY | Buy | 2.53K | — | — |
| 2026-04-01 | FOLGER ANTHONY | Sell | 1.12K | $24.96 | 28.01K |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 310, holders -1 vs prior quarter. Ownership 112.06%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 7.57M | 598.45K | +8.58% | 254.22M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 3.85M | 415.98K | +12.13% | 129.17M |
| STATE STREET CORP | 1.96M | 200.71K | +11.40% | 65.88M |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.90M | -28.80K | -1.49% | 63.80M |
| VICTORY CAPITAL MANAGEMENT INC | 1.69M | 741.97K | +78.28% | 56.75M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.27M | 53.26K | +4.36% | 42.81M |
| LSV ASSET MANAGEMENT | 1.26M | 273.74K | +27.70% | 42.38M |
| GOLDMAN SACHS GROUP INC | 1.26M | 607.47K | +93.31% | 42.26M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 1.21M | 144.09K | +13.46% | 40.78M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.17M | 84.66K | +7.79% | 39.34M |
| DIMENSIONAL FUND ADVISORS LP | 1.08M | -157.40K | -12.76% | 36.15M |
| AQR CAPITAL MANAGEMENT LLC | 1.04M | 652.62K | +167.46% | 35.00M |
| HERON BAY CAPITAL MANAGEMENT | 1.01M | 97.14K | +10.61% | 34.01M |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 880.61K | 231.76K | +35.72% | 29.57M |
| SYSTEMATIC FINANCIAL MANAGEMENT LP | 861.53K | -23.26K | -2.63% | 28.93M |
| AMERICAN CENTURY COMPANIES INC | 832.70K | 124.89K | +17.64% | 27.96M |
| FULLER & THALER ASSET MANAGEMENT, INC. | 795.07K | 159.86K | +25.17% | 26.70M |
| KENNEDY CAPITAL MANAGEMENT LLC | 741.88K | 436.96K | +143.31% | 24.91M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 682.10K | 84.44K | +14.13% | 22.91M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 682.10K | 682.10K | New | 22.91M |
| RICE HALL JAMES & ASSOCIATES, LLC | 570.26K | 117.56K | +25.97% | 19.15M |
| BARCLAYS PLC | 569.45K | 50.91K | +9.82% | 19.12M |
| FMR LLC | 562.75K | -48.35K | -7.91% | 18.90M |
| BANK OF AMERICA CORP /DE/ | 550.96K | 64.24K | +13.20% | 18.50M |
| SEGALL BRYANT & HAMILL, LLC | 545.96K | -24.12K | -4.23% | 18.33M |
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