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Progress Software (PRGS)

(Delayed Data from NSDQ)

$67.41 USD

67.41
462,264

-0.39 (-0.58%)

Updated Nov 7, 2024 04:00 PM ET

After-Market: $67.42 +0.01 (0.01%) 6:40 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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1-Strong Buy of 5 1        

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 D 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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Top 22% (55 out of 251)

Industry: Computer - Software

Zacks News

Can Intuit's Venture Investment in Wildfire Push the Stock Up?

INTU's investment in Wildfire to enhance customer loyalty and experience bodes well for investors. However, stretched valuation is a concern.

Progress Software Corporation (PRGS) Hit a 52 Week High, Can the Run Continue?

Progress Software (PRGS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

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3 Software Stocks to Keep an Eye on in a Flourishing Industry

Computer Software industry participants like CDNS, PRGS, and BB are well-poised to capitalize on digital transformation and strong adoption of cloud computing solutions despite macroeconomic woes

Can Intuit's Expanding AI-Focused Portfolio Push the Stock Higher?

INTU's new agentic AI and GenOS integrated product offering bodes well for investors. However, stretched valuation might keep investors on the sidelines.

SNPS Drops 20% From 52-Week High: Is the Stock Worth Buying on Dip?

Synopsys shares face a dip due to rising costs and market competition. However, revenue growth and strategic acquisitions may drive a turnaround.

Deciphering Progress Software (PRGS) International Revenue Trends

Examine the evolution of Progress Software's (PRGS) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.

Progress Software (PRGS) Upgraded to Buy: Here's Why

Progress Software (PRGS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Company News for Sep 26, 2024

Companies in The News Are: CTAS, SLB, PRGS, VST

Progress Software Corporation (PRGS) Soars to 52-Week High, Time to Cash Out?

Progress Software (PRGS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Progress Software Beats Q3 Estimates: Guidance Raise to Lift Shares?

PRGS' third-quarter fiscal 2024 results benefit from robust demand for multiple products in its portfolio.

Progress Software (PRGS) Reports Q3 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Progress Software (PRGS) give a sense of how the business performed in the quarter ended August 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Progress Software (PRGS) Q3 Earnings and Revenues Surpass Estimates

Progress Software (PRGS) delivered earnings and revenue surprises of 10.53% and 1.67%, respectively, for the quarter ended August 2024. Do the numbers hold clues to what lies ahead for the stock?

Stay Ahead of the Game With Progress Software (PRGS) Q3 Earnings: Wall Street's Insights on Key Metrics

Get a deeper insight into the potential performance of Progress Software (PRGS) for the quarter ended August 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Adobe Systems (ADBE) Q3 Earnings and Revenues Beat Estimates

Adobe (ADBE) delivered earnings and revenue surprises of 2.65% and 0.79%, respectively, for the quarter ended August 2024. Do the numbers hold clues to what lies ahead for the stock?

Can the ShareFile Buyout Change PRGS' Fate or is it a Risky Bet?

Progress Software is set to acquire ShareFile, which will boost its portfolio with AI-driven document collaboration.

Oracle (ORCL) Q1 Earnings and Revenues Surpass Estimates

Oracle (ORCL) delivered earnings and revenue surprises of 5.30% and 0.68%, respectively, for the quarter ended August 2024. Do the numbers hold clues to what lies ahead for the stock?

EGain (EGAN) Q4 Earnings and Revenues Top Estimates

eGain (EGAN) delivered earnings and revenue surprises of 300% and 5.11%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks Industry Outlook Highlights Intuit, Progress Software and Canaan

Intuit, Progress Software and Canaan are part of the Zacks Industry Outlook article.

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3 Software Stocks to Keep an Eye on in a Troubled Industry

Amid volatile macroeconomic conditions, Computer Software industry participants like Intuit (INTU), Progress Software (PRGS) and Canaan (CAN) are well-poised to capitalize on accelerating digital transformation and strong adoption of cloud computing solutions.

Company News for Jun 27, 2024

Companies In The News Are: RIVN, WHR, UNF, PRGS.

Progress Software (PRGS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for Progress Software (PRGS) give a sense of how its business performed in the quarter ended May 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Progress Software (PRGS) Q2 Earnings and Revenues Beat Estimates

Progress Software (PRGS) delivered earnings and revenue surprises of 14.74% and 3.85%, respectively, for the quarter ended May 2024. Do the numbers hold clues to what lies ahead for the stock?

Samsara Inc. (IOT) Tops Q1 Earnings and Revenue Estimates

Samsara Inc. (IOT) delivered earnings and revenue surprises of 200% and 3.02%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?

Guidewire Software (GWRE) Surpasses Q3 Earnings and Revenue Estimates

Guidewire Software (GWRE) delivered earnings and revenue surprises of 100% and 3.98%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?

Progress' (PRGS) Q1 Earnings Top Estimates, Revenues Up Y/Y

Progress' (PRGS) first-quarter fiscal 2024 results benefit from robust demand for OpenEdge and MarkLogic offerings.