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Progress Software Corporation

PRGS | US

65.38

USD

-0.53

-0.80%

PRGS | US

About Progress Software Corporation

Sector

Technology

Industry

Software-Application

Earnings date

31/08/2024

As of date

21/10/2024

Close

65.38

Open

66.16

High

66.16

Low

65.32

Progress Software Corporation develops deploys and manages business applications. The company offers OpenEdge an application development platform for running business-critical applications; Chef a DevOps/DevSecOps automation software; Developer Tools that consists of software development tooling collection including .NET and JavaScript UI components for web desktop and mobile applications reporting and report management tools and automated testing and mocking tools; Kemp LoadMaster a flexible application delivery and security product offering cloud-native and virtual and hardware load balancers; and Sitefinity a digital experience platform foundation delivering intelligent and ROI-driving tools for marketers. It also provides MOVEit a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit DataDirect a secure data connectivity tools for Relational NoSQL Big Data and SaaS data sources; WhatsUp Gold a network infrastructure monitoring software providing complete visibility of all network devices servers virtual machines and cloud and wireless environments to find and fix network problems; Flowmon a network security and visibility product with automated response across hybrid cloud ecosystems; and Corticon a decision automation platform to transform user experiences by streamlining and automating complex business rules. Further the company offers project management implementation custom 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 and system integrators. It has operations in the United States Canada Latin America Europe the Middle East Africa and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington Massachusetts.

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PRGS | US

Risk
46.9
Sharpe
0.73
Luna's Score
34/100
Recommendation
Sell

Luna says (PRGS | US)

What's Working
What's not Working

Price Below SMA10D

Midcap (2B - 10B USD)

Weak P/E, and PEG ratio indicator

High Market Beta (> 0.8)

High Short percentage (> 15%)

High Debt to Equity (> 0.75)

High Debt to Asset (> 0.45)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

10 days

18.0%

1 month

46.9%

3 months

29.8%

6 months

30.2%

Returns

Fundamental Ratios

PE

35.44

Fwd. PE

12.06

Price to book

6.69

Debt to equity

1.87

Debt to assets

0.49

Ent. to EBITDA

15.02

Ent. to rev.

4.79

PEG

6.03

Other Fundamentals

EBITDA

242.88M

MarketCap

2.81B

MarketCap(USD)

2.81B

Div. yield

1.06

Op. margin

24.32

Erngs. growth

54.80

Rev. growth

2.10

Ret. on equity

18.98

Short ratio

6.22

Short perc.

16.19

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

2.76

Range1M

11.66

Range3M

13.86

Volumes: Market Activity

Rel. volume

0.50

Price X volume

28.05M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
DeVry Education Group IncDVSoftware-Application17.432.96B0.46%51.038.20%
Core Scientific IncCORZSoftware-Infrastructure12.832.89B0.16%n/a-57.28%
Real Industry IncRELYSoftware-Infrastructure14.732.87B-1.73%n/a5.15%
Synaptics IncorporatedSYNASoftware-Application71.352.85B0.42%22.4869.70%
Compass Inc.COMPSoftware-Application5.642.83B-2.59%n/a131.75%
Asana IncASANSoftware-Application12.142.77B-0.82%n/a94.27%
PagSeguro Digital LtdPAGSSoftware-Infrastructure8.372.67B-0.59%8.17176.57%
Alarm.com Holdings IncALRMSoftware-Application53.652.64B-0.39%26.80156.57%
Marqeta Inc.MQSoftware-Infrastructure5.192.64B-0.38%n/a1.36%
ePlus incPLUSSoftware-Application97.472.62B-0.72%24.064.42%
  • 1

Diversifiers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
LCI IndustriesLCIIRecreational Vehicles117.933.00B-4.44%25.8277.66%
OSI Systems IncOSISElectronic Components144.872.40B0.01%19.6360.40%
Energizer Holdings IncENRElectronic Components32.52.33B-0.46%233.212689.63%
Plug Power IncPLUGElectronic Components2.372.08B5.80%n/a30.65%
Vicor CorporationVICRElectronic Components44.682.01B8.87%195.431.39%
Rogers CorporationROGElectronic Components102.391.90B-2.20%33.661.52%
Lions Gate Entertainment CorpLGF-BMedia - Diversified6.751.69B-3.16%n/a28882.88%
Lions Gate Entertainment CorpLGF-AMedia - Diversified7.561.68B-3.57%n/a28882.88%
Winnebago Industries IncWGORecreational Vehicles58.11.68B-3.78%22.5356.33%
Fox Factory Holding CorpFOXFRecreational Vehicles38.791.62B-5.87%42.0564.69%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA15.0236.63Cheaper
Ent. to Revenue4.795.65Par
PE Ratio35.4450.43Cheaper
Price to Book6.699.90Cheaper
Dividend Yield1.062.19Poor
Std. Deviation (3M)29.8356.70Lower Risk
Debt to Equity1.870.13Expensive
Debt to Assets0.490.22Expensive
Market Cap2.81B15.48BEmerging
  • 1

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