Progress Software Corp (DE)

PRGSNASDAQUSD
31.36 USD
0.19 (0.60%)AT CLOSE (11:59 AM EDT)
31.38
0.02 (0.06%)
POST MARKET (AS OF 07:23 PM EDT)
Post Market
AS OF 07:23 PM EDT
31.38
0.02 (0.06%)
🔴Market: CLOSED
Open?$31.90
High?$32.34
Low?$30.99
Prev. Close?$31.55
Volume?532.7K
Avg. Volume?712.8K
VWAP?$31.36
Rel. Volume?0.75x
Bid / Ask
Bid?$31.00 × 100
Ask?$31.50 × 500
Spread?$0.50
Midpoint?$31.25
Valuation & Ratios
Market Cap?1.3B
Shares Out?42.1M
Float?41.2M
Float %?97.8%
P/E Ratio?15.52
P/B Ratio?2.65
EPS?$2.02
Dividend?0.05%
Ex-Dividend?N/A

Progress Software Corp (DE) (PRGS) trades at $31.36 per share. The technical outlook is "Buy" and the fundamental picture shows "Neutral". This is driven by a concerning Altman Z-Score in the distress zone and a bearish Death Cross on the long-term moving averages. Valuation metrics suggest PRGS is trading at a discount to its peers, earning an "Attractively Valued" rating.

Technical & fundamental data as of Jun 5, 2026.

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
1.3B
Industry
SERVICES-PREPACKAGED SOFTWARE
Listed
1991-06-14
Address
15 WAYSIDE ROAD, SUITE 400
BURLINGTON, MA 01803
Phone: 781-280-4473
Technical OutlookBuy
Strong SellNeutralStrong Buy
Long-Term (Tide)? Bullish(+1/3)
Medium-Term (Wave)? Bullish(+2/3)
Short-Term (Ripple)? Bearish(-2/3)
MA Alignment?Mixed
Full Technical Analysis →
Fundamental OutlookNeutral
Strong SellNeutralStrong Buy
F-Score?
60
Z-Score?
4
Momentum?
94
Short Sent.?
34
Piotroski F-Score?5/9Mixed
Altman Z-Score?0.24Distress
Confidence?51%Low
Full Fundamental Analysis →
Short InterestHigh
Short % of Float?10.21%High
Short Interest?4.2M
Days to Cover?7.5
Free Float41.2M
Avg Daily Volume563.1K
Settlement Date2026-05-15
Financial Health
Current Ratio?0.47Weak
Quick Ratio?0.47Weak
Cash Ratio?0.14Low
Debt/Equity?2.69High
ValuationATTRACTIVELY VALUEDvs 1 peers + S&P 500
Score
100/100
P/E?
Peers
100
S&P
79
15.5CHEAP
P/B?
Peers
100
S&P
61
2.65CHEAP
P/S?
Peers
100
S&P
81
1.34CHEAP
P/FCF?
Peers
100
S&P
97
5.1CHEAP
EV/EBITDA?
Peers
100
S&P
91
7.8CHEAP
EV/Sales?
Peers
100
S&P
67
2.58CHEAP
Returns & Efficiency
ROE?
Peers
50
S&P
60
17.0%STRONG
ROA?
Peers
50
S&P
32
3.6%FAIR
Cash Flow & Enterprise
FCF?$257.7M
Enterprise Value?$2.5B
Fundamentals ratios updated end of day