Progress Software Corp (DE) PRGS
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Progress Software Corp (DE) (PRGS) Business Model and Operations Summary
Progress Software Corporation provides software operate in one operating segment: software products for the development, deployment, and management of responsible, AI-powered applications and digital experiences. Following are products: Chef, Corticon, Data Direct, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, WhatsUp Gold. Geographical regions include United States, Canada, EMEA, Latin America, and Asia Pacific.
Key Insights
Progress Software Corp (DE) (PRGS) Core Market Data and Business Metrics
Latest Closing Price
$57.76Market Cap
$2.47 BillionAverage Daily Trade Volume
725,395 SharesPrice-Earnings Ratio
37.51Total Outstanding Shares
43.03 Million SharesCEO
Mr. Yogesh K. GuptaTotal Employees
2,815Dividend
$0.17 Per Share QuarterlyIPO Date
June 14, 1991SIC Description
Services-prepackaged SoftwarePrimary Exchange
NASDAQHeadquarters
15 Wayside Road, Suite 400, Burlington, MA, 01803
Historical Stock Splits
If you bought 1 share of PRGS before January 31, 2011, you'd have 1.50 shares today.
| Execution Date | Split Amount |
|---|---|
| January 31, 2011 | 3-for-2 |
Cash Flow Statement
December 1, 2023 to November 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities, Continuing | $-857.91 Million |
| Exchange Gains/Losses | $-3.29 Million |
| Net Cash Flow, Continuing | $-5.59 Million |
| Net Cash Flow From Financing Activities, Continuing | $640.82 Million |
| Net Cash Flow From Operating Activities, Continuing | $211.49 Million |
| Net Cash Flow From Operating Activities | $211.49 Million |
Income Statement
December 1, 2023 to November 30, 2024
| Metric | Value |
|---|---|
| Net Income/Loss | $68.44 Million |
| Income/Loss From Continuing Operations After Tax | $68.44 Million |
| Diluted Average Shares | $44.43 Million |
| Income/Loss From Continuing Operations Before Tax | $94.26 Million |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
| Preferred Stock Dividends And Other Adjustments | $0 |
Comprehensive Income
December 1, 2023 to November 30, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss Attributable To Parent | $64.39 Million |
| Comprehensive Income/Loss | $64.39 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $-4.05 Million |
| Other Comprehensive Income/Loss | $-4.05 Million |
Balance Sheet
December 1, 2023 to November 30, 2024
| Metric | Value |
|---|---|
| Accounts Payable | $13.91 Million |
| Equity Attributable To Noncontrolling Interest | $0 |
| Equity | $438.79 Million |
| Current Assets | $368.81 Million |
| Noncurrent Liabilities | $1.63 Billion |
| Other Non-current Assets | $1.42 Billion |
Historical Dividends
Current dividend: $0.17 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jun 18, 2024 | Sep 16, 2024 | Sep 2, 2024 | $0.175 | Quarterly |
| Mar 19, 2024 | Jun 17, 2024 | Jun 3, 2024 | $0.175 | Quarterly |
| Jan 16, 2024 | Mar 15, 2024 | Mar 1, 2024 | $0.175 | Quarterly |
| Sep 26, 2023 | Dec 15, 2023 | Dec 1, 2023 | $0.175 | Quarterly |
| Jun 29, 2023 | Sep 15, 2023 | Sep 1, 2023 | $0.175 | Quarterly |
| Mar 28, 2023 | Jun 15, 2023 | Jun 1, 2023 | $0.175 | Quarterly |