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Progress Software (PRGS)

(Delayed Data from NSDQ)

$57.44 USD

57.44
396,241

+1.33 (2.37%)

Updated Jul 25, 2024 04:00 PM ET

After-Market: $57.47 +0.03 (0.05%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value C Growth C Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 34% (165 out of 250)

Industry: Computer - Software

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Better trading starts here.

Balance Sheet

Research for PRGS

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Progress Software Corporation falls in the month of November.

All items in Millions except Per Share data.

11/30/2023 11/30/2022 11/30/2021 11/30/2020 11/30/2019
Assets          
Cash & Equivalents 127 256 157 106 174
Receivables 156 127 126 109 84
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 48 43 55 24 27
Total Current Assets 331 426 338 239 285
Net Property & Equipment 15 15 14 30 30
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 28 40 17 17 12
Deferred Charges 15 12 1 14 19
Intangibles 1,186 888 958 704 532
Deposits & Other Assets 8 13 9 6 4
Total Assets 1,603 1,411 1,364 1,042 881
Liabilities & Shareholders Equity 11/30/2023 11/30/2022 11/30/2021 11/30/2020 11/30/2019
Notes Payable 0 0 0 0 0
Accounts Payable 12 9 10 10 11
Current Portion Long-Term Debt 13 6 26 18 11
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 72 59 67 51 53
Income Taxes Payable 0 0 0 2 1
Other Current Liabilities 244 236 213 174 165
Total Current Liabilities 352 318 323 263 241
Mortgages 0 0 0 0 0
Deferred Taxes/Income 63 59 62 27 20
Convertible Debt 0 0 0 0 0
Long-Term Debt 711 612 535 364 284
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 5 9 9 15 6
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 1,143 1,013 951 696 551
Shareholders Equity 11/30/2023 11/30/2022 11/30/2021 11/30/2020 11/30/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 371 332 354 306 296
Retained Earnings 121 102 90 73 64
Other Equity -32 -35 -32 -33 -30
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 460 399 412 346 330
Total Liabilities & Shareholder's Equity 1,603 1,411 1,364 1,042 881
Total Common Equity 460 399 412 346 330
Shares Outstanding 43.50 43.00 43.80 45.10 44.70
Book Value Per Share 10.57 9.27 9.42 7.67 7.39

Fiscal Year End for Progress Software Corporation falls in the month of November.

All items in Millions except Per Share data.

5/31/2024 2/29/2024 11/30/2023 8/31/2023 5/31/2023
Assets          
Cash & Equivalents -99,809 133 127 138 126
Receivables 116 118 156 131 120
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets 37 46 48 33 35
Total Current Assets 343 297 331 303 281
Net Property & Equipment 13 14 15 16 15
Investments & Advances NA 0 0 0 0
Other Non-Current Assets 32 34 28 33 39
Deferred Charges 33 19 15 12 4
Intangibles 1,137 1,161 1,186 1,205 1,230
Deposits & Other Assets 14 7 8 8 9
Total Assets 1,586 1,548 1,603 1,597 1,602
Liabilities & Shareholders Equity 5/31/2024 2/29/2024 11/30/2023 8/31/2023 5/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable 9 10 12 9 7
Current Portion Long-Term Debt NA 0 13 11 10
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses 54 51 72 67 61
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities 235 241 244 228 236
Total Current Liabilities 307 312 352 325 323
Mortgages NA 0 0 0 0
Deferred Taxes/Income 69 67 63 64 61
Convertible Debt NA 0 0 0 0
Long-Term Debt 794 691 711 744 776
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities 5 5 5 5
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities 1,185 1,086 1,143 1,152 1,183
Shareholders Equity 5/31/2024 2/29/2024 11/30/2023 8/31/2023 5/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 330 372 371 361 347
Retained Earnings 106 123 121 115 104
Other Equity -35 -34 -32 -32 -33
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity 402 462 460 445 419
Total Liabilities & Shareholder's Equity 1,586 1,548 1,603 1,597 1,602
Total Common Equity 100,401 462 460 445 419
Shares Outstanding 43.20 43.20 43.50 43.50 43.30
Book Value Per Share 2,324.09 10.69 10.57 10.23 9.67