Progress Software Corp. (NASDAQ:PRGS)

About the company

Progress Software Corp. engages in the provision of a platform, which develops and deploy mission-critical business applications. It operates through the following business segments: OpenEdge Business; Data Connectivity and Integration; and Application Development and Deployment. The OpenEdge Business segment provides product enhancements and marketing supports for the partners to sell more of its existing solutions to their customers. The Data Connectivity and Integration segment focuses on the growth of the data assets of the company, including its data integration components of the cloud offering. The Application Development and Deployment segment generates net new customers for the application development assets of the company. The company was founded by Joseph Wright Alsop, Clyde Kessel and Charles Arthur Ziering in 1981 and is headquartered in Bedford, MA.

Sector

Technology Services

Industry

Packaged Software

Employees

1538

CEO

Yogesh K. Gupta

Exchange

NASDAQ

Website

http://www.progress.com

$434.00M

Total Revenue

2K

Employees

$2B

Market Capitalization

34.84

Price/Earning ratio

Stock price

Gross Margin (in %)

Total gross margin

$363M

Operating Margin (in %)

Total operating margin

$96M

Net Margin (in %)

Total net margin

$47M

Dividend Yield (in %)

Dividend per share

$0.65

Industry peers

Name Ticker Market capitalization (in USD Million) Revenues (in USD Million) Price/Book Price/Earning Net margin (in %)
Microsoft Corp. MSFT 1602740.11 138699.00 13.78 34.67 33.36
Adobe, Inc. ADBE 211308.88 12045.00 19.09 57.13 30.71
Oracle Corp. ORCL 186506.28 39068.00 14.41 18.38 25.94
salesforce.com, inc. CRM 165519.20 18226.00 4.90 -752.36 -0.92
Intuit, Inc. INTU 76552.08 6857.00 15.95 57.19 19.50
Zoom Video Communications, Inc. ZM 75328.68 829.00 80.07 1423.44 5.86
Uber Technologies, Inc. UBER 56761.30 14591.00 5.02 -5.44 -71.48
Autodesk, Inc. ADSK 52534.34 3425.00 -373.94 171.96 8.91
Veeva Systems, Inc. VEEV 39393.84 1196.00 20.65 125.77 26.26
DocuSign, Inc. DOCU 34516.57 1057.00 67.66 -164.81 -19.91
Twilio, Inc. TWLO 30500.72 1266.00 7.38 -82.15 -28.85
Synopsys, Inc. SNPS 30124.25 3400.00 6.86 63.31 13.96
Cadence Design Systems, Inc. CDNS 27750.80 2378.00 12.82 28.00 41.74
Datadog, Inc. DDOG 26455.52 424.00 33.01 -737.33 -0.17
ANSYS, Inc. ANSS 25889.44 1504.00 7.83 63.11 27.34
Okta, Inc. OKTA 24486.00 644.00 61.46 -113.99 -33.34
CrowdStrike Holdings, Inc. CRWD 22280.40 563.00 29.64 -163.73 -23.97
RingCentral, Inc. RNG 21516.90 969.00 45.37 -200.90 -11.14
Citrix Systems, Inc. CTXS 19908.24 3152.00 -85.21 26.60 23.88
Coupa Software, Inc. COUP 19058.56 428.00 42.85 -222.23 -19.92
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Zscaler, Inc. ZS 15339.52 391.00 46.63 -217.89 -18.10
NortonLifeLock, Inc. NLOK 12959.67 2490.00 1007.75 3.33 156.10
Fair Isaac Corp. FICO 12180.30 1226.00 55.01 52.87 18.92
MongoDB, Inc. MDB 11796.72 463.00 191.63 -59.64 -42.42
Dynatrace, Inc. DT 11180.35 546.00 12.34 -26.70 -76.59
Alteryx, Inc. AYX 11046.60 451.00 25.15 2320.71 1.28
Livongo Health, Inc. LVGO 10506.07 207.00 21.15 -225.65 -22.48
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Avalara, Inc. AVLR 9560.04 409.00 20.72 -172.32 -13.49
PTC, Inc. PTC 9312.48 1346.00 7.29 243.27 2.80
Lyft, Inc. LYFT 9172.44 3796.00 3.62 0.86 -49.05
Paylocity Holding Corp. PCTY 7706.16 551.00 19.74 110.09 12.66
Nuance Communications, Inc. NUAN 7371.03 1854.00 6.38 48.71 8.23
Elastic NV ESTC 7091.04 428.00 18.51 -42.34 -39.09
Aspen Technology, Inc. AZPN 6710.25 587.00 17.06 29.12 39.54
Anaplan, Inc. PLAN 6066.13 376.00 22.36 -40.01 -40.32
Bill.com Holdings, Inc. BILL 5969.52 123.00 16.72 -230.31 -21.22
Manhattan Associates, Inc. MANH 5921.50 623.00 46.01 67.48 14.01
SolarWinds Corp. SWI 5591.04 964.00 2.12 358.40 1.63
Smartsheet, Inc. SMAR 5341.80 300.00 10.81 -51.74 -34.62
Schrödinger, Inc. SDGR 5305.23 91.00 18.03 -161.94 -35.84
National Instruments Corp. NATI 4985.64 1352.00 3.85 18.33 20.09
BlackLine, Inc. BL 4777.36 307.00 12.14 -129.26 -11.90
Everbridge, Inc. EVBG 4401.98 217.00 19.04 -68.87 -29.27
Qualys, Inc. QLYS 4332.27 333.00 10.64 58.06 22.48
Envestnet, Inc. ENV 3983.20 947.00 4.74 -851.11 -0.63
Nutanix, Inc. NTNX 3967.07 1280.00 -22.58 -4.51 -68.91
Medallia, Inc. MDLA 3844.40 422.00 9.15 -26.92 -33.76
Perspecta, Inc. PRSP 3654.72 4504.00 2.67 -5.41 -15.01
athenahealth, Inc. ATHN 3509.74 56.00 97.82 -160.70 -39.18
Cloudera, Inc. CLDR 3248.84 817.00 2.40 -11.10 -35.67
ACI Worldwide, Inc. ACIW 3230.85 1344.00 2.95 46.81 5.10
Appian Corp. APPN 2987.49 279.00 15.50 -64.66 -16.91
Tenable Holdings, Inc. TENB 2890.60 377.00 29.80 -28.93 -26.68
BlackBerry Ltd. BB 2770.61 999.00 1.34 -3.36 -75.38
Altair Engineering, Inc. ALTR 2732.40 463.00 7.71 -180.71 -3.14
Blackbaud, Inc. BLKB 2695.98 908.00 7.17 148.70 1.95
SailPoint Technologies Holdings, Inc. SAIL 2637.07 303.00 6.17 -329.22 -2.81
SPS Commerce, Inc. SPSC 2619.00 286.00 7.15 72.03 12.72
ManTech International Corp. MANT 2614.00 2332.00 1.74 21.71 5.21
2U, Inc. TWOU 2605.05 628.00 4.03 -9.40 -43.60
Mimecast Ltd. MIME 2566.18 427.00 11.22 -1034.75 -0.52
Ping Identity Holding Corp. PING 2517.60 254.00 3.58 -3147.00 -0.31
Sabre Corp. SABR 2365.00 3585.00 3.52 -20.98 -3.09
Cornerstone OnDemand, Inc. CSOD 2296.65 587.00 13.26 -163.70 -2.45
Covetrus, Inc. CVET 2284.38 4100.00 1.92 -2.13 -25.34
Bottomline Technologies, Inc. EPAY 2060.10 440.00 5.62 -700.71 -0.61
PagerDuty, Inc. PD 1987.37 179.00 6.60 -46.93 -27.81
Commvault Systems, Inc. CVLT 1769.62 671.00 4.33 -320.58 -0.84
Progress Software Corp. PRGS 1615.05 434.00 4.75 34.84 10.81
Upwork, Inc. UPWK 1565.76 315.00 6.21 -73.58 -6.83
8x8, Inc. EGHT 1561.00 446.00 8.48 -9.08 -38.63
Change Healthcare, Inc. CHNG 1509.74 197.00 1.02 -1.59 -481.52
Health Catalyst, Inc. HCAT 1383.58 165.00 6.78 -7.63 -109.60
Zuora, Inc. ZUO 1360.52 286.00 8.60 -16.96 -28.09
Cerence, Inc. CRNC 1345.68 324.00 1.46 13.84 30.29
Sprout Social, Inc. SPT 1324.00 110.00 10.43 -25.46 -47.44
Phreesia, Inc. PHR 1141.90 130.00 11.34 -13.60 -63.89
Simulations Plus, Inc. SLP 1122.84 40.00 23.81 122.31 22.96
SecureWorks Corp. SCWX 976.86 561.00 1.50 -31.74 -5.51
Domo, Inc. DOMO 954.24 181.00 -15.35 -8.25 -63.49
Eventbrite, Inc. EB 777.84 295.00 2.86 -3.83 -69.69
TiVo Corp. TIVO 767.34 670.00 0.86 -1.36 -84.00
HealthStream, Inc. HSTM 702.08 250.00 2.09 41.40 6.74
American Software, Inc. AMSWA 491.20 115.00 4.17 73.10 5.84
ChannelAdvisor Corp. ECOM 427.75 130.00 4.05 54.63 5.99
Agilysys, Inc. AGYS 408.02 161.00 5.78 -12.07 -21.19
i3 Verticals, Inc. IIIV 399.56 286.00 7.59 -190.27 -0.54
Benefitfocus, Inc. BNFT 362.34 294.00 -8.32 -8.45 -14.46
Rimini Street, Inc. RMNI 359.79 293.00 -1.62 -23.35 -5.28
Avid Technology, Inc. AVID 343.64 395.00 -2.12 195.25 0.50
SciPlay Corp. SCPL 328.24 465.00 5.81 14.63 4.96
NVE Corp. NVEC 316.42 25.00 3.92 21.09 57.16
Intelligent Systems Corp. INS 291.42 35.00 7.53 29.17 28.23
Telaria, Inc. TLRA 276.00 68.00 5.08 -30.00 -13.24
Veritone, Inc. VERI 273.36 49.00 7.35 -4.59 -118.27
GTY Technology Holdings, Inc. GTYH 205.64 None 0.66 -7.61 None
iCAD, Inc. ICAD 199.69 31.00 15.92 -9.47 -69.56
Net 1 U.E.P.S. Technologies, Inc. UEPS 176.40 337.00 0.49 -0.82 -65.06
Red Violet, Inc. RDVT 167.97 34.00 4.08 -14.83 -33.02
Smith Micro Software, Inc. SMSI 164.40 48.00 3.21 12.09 26.19
GlobalSCAPE, Inc. GSB 155.99 41.00 -4.69 11.73 32.52
Priority Technology Holdings, Inc. PRTH 148.74 381.00 -1.13 -4.53 -8.66
Asure Software, Inc. ASUR 104.64 72.00 0.76 3.25 43.42
Mohawk Group Holdings, Inc. MWK 96.30 122.00 31.47 -1.45 -53.53
Inspired Entertainment, Inc. INSE 74.58 172.00 -1.31 -1.52 -28.72
Beyond Air, Inc. XAIR 70.44 1.00 5.49 -3.30 -84.91
Great Elm Capital Group, Inc. GEC 59.00 63.00 1.05 -3.47 -27.42
Phunware, Inc. PHUN 54.01 16.00 46.17 -4.20 -80.97
RealNetworks, Inc. RNWK 50.16 176.00 1.16 -1.91 -14.89
Finjan Holdings, Inc. FNJN 43.40 17.00 1.22 -2.92 -86.59
ION Geophysical Corp. IO 34.58 194.00 -0.92 -1.20 -14.99
IZEA Worldwide, Inc. IZEA 31.93 19.00 5.15 -3.22 -61.41
Sonic Foundry, Inc. SOFO 29.75 36.00 -4.21 -38.64 -3.02
Support.com, Inc. SPRT 27.36 57.00 0.82 10.29 4.84
Creative Realities, Inc. CREX 22.50 26.00 4.09 -1.84 -46.33
BSQUARE Corp. BSQR 19.76 61.00 2.11 -2.87 -11.18
Zedge, Inc. ZDGE 16.61 9.00 2.32 -6.86 -25.59
Takung Art Co., Ltd. TKAT 11.55 4.00 2.19 -2.76 -113.59
SCWorx Corp. WORX 11.51 5.00 8.85 -0.65 -124.40
Sigma Labs, Inc. SGLB 2.55 1.00 7.08 -0.50 -714.07

Latest insider transactions

Date Role Name Transaction Quantity Quantity Owned After

Progress Software: Low-Quality Recurring Revenue And M&A Thesis

8d ago, source: Seeking Alpha

Progress boasts 81% of recurring revenue in Q2, but we suspect that much of that still came from a lower-quality revenue ...

Progress Releases Corticon.js for Codeless Automated Digital Decision Making

1d ago, source: Business Insider

Serverless business rules easily integrate into critical JavaScript applications for low cost, low maintenance, elastic backend ...

3 Reasons Why Progress Software (PRGS) Is a Great Growth Stock

7d ago, source: YAHOO!

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find ...

Why this software development firm is launching a nonprofit for one of its technologies

5d ago, source: The Business Journals

St. Louis-based software development firm Object Computing Inc. has launched a nonprofit organization to advance and spin out ...

DigiMax Signs LOI with Artificial Intelligence Company DataNavee Based in Toronto, Canada

6d ago, source: Associated Press

TORONTO, ON / ACCESSWIRE / July 10, 2020 / DIGIMAX GLOBAL SOLUTIONS (CSE:DIGI) (the “Company” or “DigiMax”) is pleased to announced that it has signed a Letter of Intent to acquire all of the ...

Bank of America exec Aditya Bhasin talks virtual assistant Erica's progress — and how Covid-19 accelerated growth

7d ago, source: The Business Journals

Bank of America Corp.'s Erica is not the same virtual assistant it was two years ago. The artificial-intelligence tool, ...

Progress Awarded 2020 Emotional Footprint Award for Network Monitoring

7d ago, source: Business Insider

Progress and WhatsUp Gold are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the US and other countries. Any other trademarks ...



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