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Progress Software Corporation is currently in a long term uptrend where the price is trading 6.1% above its 200 day moving average.
From a valuation standpoint, the stock is 67.8% cheaper than other stocks from the Technology sector with a price to sales ratio of 4.4.
Progress Software Corporation's total revenue rose by 10.6% to $121M since the same quarter in the previous year.
Its net income has dropped by 10.2% to $19M since the same quarter in the previous year.
Finally, its free cash flow grew by 36.6% to $44M since the same quarter in the previous year.
Based on the above factors, Progress Software Corporation gets an overall score of 4/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
ISIN | US7433121008 |
Sector | Technology |
Industry | Software - Infrastructure |
PE Ratio | 45.45 |
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Market Cap | 2B |
Target Price | 59.33 |
Dividend Yield | 1.3% |
Beta | 0.84 |
Progress Software Corporation develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools that consists of software development tooling collection, including .NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product offering cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; OpenEdge, an application development platform for running business-critical applications; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation, delivering intelligent, AI-powered, ROI-driving tools for marketers, and an extensible platform for developers; and WhatsUp Gold, a network infrastructure monitoring software providing visibility of various network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems. The company offers project management, implementation, custom software 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
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