Progress Software Corporation (PRGS): A Bear Case Theory [Yahoo! Finance]
Progress Software Corporation (PRGS)
Last progress software corporation earnings: 3/26 04:15 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.progress.com
Company Research
Source: Yahoo! Finance
Progress Software Corporation's share was trading at $40.99 as of February 2nd. PRGS's trailing and forward P/E were 24.65 and 7.03 respectively according to Yahoo Finance. Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. PRGS presents a challenging investment profile, characterized by leverage, inconsistent performance, and an overreliance on acquisitions to drive growth. Trading at roughly 8x P/E and 8x EBITDA, the company has delivered essentially flat returns over the past five years, and near-term downside appears likely given recent deterioration in the quality of earnings. PRGS's largest acquisition, ShareFile from Citrix for $875 million in October 2024, pushed leverage above 3.5x and will create a difficult comp in the upcoming fiscal quarter, as the company laps this acquisition while guiding FY2026 on a more orga
Show less
Read more
Impact Snapshot
Event Time:
PRGS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PRGS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PRGS alerts
High impacting Progress Software Corporation news events
Weekly update
A roundup of the hottest topics
PRGS
News
- Progress Software (NASDAQ:PRGS) had its "buy" rating reaffirmed by analysts at DA Davidson. They now have a $70.00 price target on the stock.MarketBeat
- Citi Trims Progress Software (PRGS) PT to $54, Maintains Buy Rating [Yahoo! Finance]Yahoo! Finance
- Progress Software (NASDAQ:PRGS) was upgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "sell (d+)" rating to a "hold (c-)" rating.MarketBeat
- Progress Software (NASDAQ:PRGS) had its price target lowered by analysts at Wedbush from $75.00 to $65.00. They now have an "outperform" rating on the stock.MarketBeat
- Progress Software (NASDAQ:PRGS) had its "buy" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
PRGS
Earnings
- 1/20/26 - Beat
PRGS
Sec Filings
- 2/4/26 - Form 144
- 2/3/26 - Form 4
- 2/3/26 - Form 4
- PRGS's page on the SEC website