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Progress Software Corporation is currently in a long term uptrend where the price is trading 4.8% above its 200 day moving average.
From a valuation standpoint, the stock is 82.2% cheaper than other stocks from the Technology sector with a price to sales ratio of 4.5.
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.
| Sector | Technology |
|---|---|
| Industry | Software - Infrastructure |
| Exchange | NASDAQ |
| CurrencyCode | USD |
| ISIN | US7433121008 |
| Beta | 0.58 |
|---|---|
| Market Cap | 2B |
| PE Ratio | 21.48 |
| Target Price | 65.5 |
| Dividend Yield | None |
Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as 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 for 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; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software 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 manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
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