Progress Software Corp (DE)

PRGSNASDAQ • USD
37.20 USD
↘ 0.02 (0.04%)AT CLOSE (03:59 PM EDT)
37.22
↗ 0.02 (0.04%)
POST MARKET (AS OF 05:19 PM EDT)
Post Market
AS OF 05:19 PM EDT
37.22
↗ 0.02 (0.04%)
🟢Market: OPEN

Progress Software Corp (DE) (PRGS) trades at $37.22 per share. Technical and fundamental signals converge bearish — technicals rate "Strong Sell" while fundamentals read "Sell". This is driven by a bullish Golden Cross on the moving averages. Valuation metrics suggest PRGS is trading at a discount to its peers, earning an "Attractively Valued" rating.

Technical & fundamental data as of Oct 6, 2026.

Open?$37.48
High?$38.16
Low?$36.57
Prev. Close?$37.22
Volume?604.6K
Avg. Volume?605.6K
VWAP?$37.17
Rel. Volume?1.00x
Bid / Ask
Bid?$31.01 × 100
Ask?$43.48 × 100
Spread?$12.47
Midpoint?$37.25
Valuation & Ratios
Market Cap?1.5B
Shares Out?40.9M
Float?39.4M
Float %?96.0%
P/E Ratio?16.46
P/B Ratio?2.87
EPS?$2.26
Dividend?0.03%
Ex-Dividend?N/A
News
Profile
Progress Software Corp provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.
Employees
2.8K
Market Cap
1.5B
Industry
SERVICES-PREPACKAGED SOFTWARE
Listed
1991-06-14
Address
15 WAYSIDE ROAD, SUITE 400
BURLINGTON, MA 01803
Phone: 781-280-4473
Technical OutlookStrong Sell
Strong SellNeutralStrong Buy
Long-Term (Tide)?▼ Bearish(-1/3)
Medium-Term (Wave)?▼ Bearish(-3/3)
Short-Term (Ripple)?▼ Bearish(-1/3)
MA Alignment?Mixed
Full Technical Analysis →
Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?
40
Z-Score?
17
Momentum?
57
Short Sent.?
34
Piotroski F-Score?4/9Mixed
Altman Z-Score?1.36Grey
Confidence?66%Moderate
Full Fundamental Analysis →
Short InterestHigh
Short % of Float?11.89%High
Short Interest?4.7M
Days to Cover?8.7
Free Float39.4M
Avg Daily Volume536.9K
Settlement Date2026-09-15
Financial Health
Current Ratio?0.80Weak
Quick Ratio?0.80Weak
Cash Ratio?0.27Low
Debt/Equity?2.33High
ValuationATTRACTIVELY VALUEDvs 1 peers + S&P 500
Score
100/100
P/E?
Peers
100
S&P
76
16.5CHEAP▾
P/B?
Peers
100
S&P
58
2.87CHEAP▾
P/S?
Peers
100
S&P
78
1.52CHEAP▾
P/FCF?
Peers
100
S&P
97
4.8CHEAP▾
EV/EBITDA?
Peers
100
S&P
91
8.0CHEAP▾
EV/Sales?
Peers
100
S&P
66
2.64CHEAP▾
Returns & Efficiency
ROE?
Peers
50
S&P
61
17.4%STRONG▾
ROA?
Peers
50
S&P
36
4.0%FAIR▾
Cash Flow & Enterprise
FCF?$319.1M
Enterprise Value?$2.6B
Fundamentals ratios updated end of day