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Progress Software (PRGS)

(Real Time Quote from BATS)

$53.08 USD

53.08
12,187

-0.84 (-1.56%)

Updated Dec 5, 2022 10:38 AM 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 Buy24.51%
2Buy17.96%
3Hold9.47%
4Sell5.16%
5Strong Sell2.21%
S&P50010.66%

Zacks Rank Education - Learn about the Zacks Rank

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Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value C Growth B Momentum B 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%.

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

Top 28% (71 out of 251)

Industry: Computer - Software

Trades from $1

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.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

 

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

All items in Millions except Per Share data.

11/30/2022 11/30/2021 11/30/2020 11/30/2019 11/30/2018
Assets          
Cash & Equivalents 157 106 174 140 184
Receivables 126 109 84 58 61
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 55 24 27 31 19
Total Current Assets 338 239 285 229 263
Net Property & Equipment 14 30 30 31 42
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 17 17 12 0 0
Deferred Charges 1 14 19 2 1
Intangibles 958 704 532 374 410
Deposits & Other Assets 9 6 4 5 2
Total Assets 1,364 1,042 881 641 719
Liabilities & Shareholders Equity 11/30/2022 11/30/2021 11/30/2020 11/30/2019 11/30/2018
Notes Payable 0 0 0 0 0
Accounts Payable 10 10 11 11 9
Current Portion Long-Term Debt 26 18 11 6 6
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 67 51 53 38 53
Income Taxes Payable 0 2 1 1 1
Other Current Liabilities 213 174 165 140 139
Total Current Liabilities 323 263 241 196 208
Mortgages 0 0 0 0 0
Deferred Taxes/Income 62 27 20 19 13
Convertible Debt 0 0 0 0 0
Long-Term Debt 535 364 284 110 116
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 9 15 6 5 6
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 951 696 551 331 343
Shareholders Equity 11/30/2022 11/30/2021 11/30/2020 11/30/2019 11/30/2018
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 354 306 296 267 249
Retained Earnings 90 73 64 71 145
Other Equity -32 -33 -30 -28 -19
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 412 346 330 310 376
Total Liabilities & Shareholder's Equity 1,364 1,042 881 641 719
Total Common Equity 412 346 330 310 376
Shares Outstanding 43.80 45.10 44.70 44.90 47.80
Book Value Per Share 9.42 7.67 7.39 6.91 7.87

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

All items in Millions except Per Share data.

11/30/2022 8/31/2022 5/31/2022 2/28/2022 11/30/2021
Assets          
Cash & Equivalents 225 226 173 157 384
Receivables 110 97 114 126 106
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 29 32 56 55 20
Total Current Assets 364 356 343 338 509
Net Property & Equipment 13 14 14 14 29
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 26 24 16 17 22
Deferred Charges 6 4 4 1 11
Intangibles 906 925 944 958 671
Deposits & Other Assets 11 10 9 9 6
Total Assets 1,346 1,355 1,353 1,364 1,275
Liabilities & Shareholders Equity 11/30/2022 8/31/2022 5/31/2022 2/28/2022 11/30/2021
Notes Payable 0 0 0 0 0
Accounts Payable 8 10 8 10 7
Current Portion Long-Term Debt 6 6 6 26 24
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 53 45 44 67 51
Income Taxes Payable 0 0 0 0 5
Other Current Liabilities 206 215 218 213 178
Total Current Liabilities 280 284 284 323 272
Mortgages 0 0 0 0 0
Deferred Taxes/Income 59 57 58 62 33
Convertible Debt 0 0 0 0 0
Long-Term Debt 613 614 615 535 539
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 11 7 9 11
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 979 982 985 951 879
Shareholders Equity 11/30/2022 8/31/2022 5/31/2022 2/28/2022 11/30/2021
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 344
Capital Surplus 319 310 303 354 0
Retained Earnings 87 94 94 90 83
Other Equity -39 -32 -29 -32 -30
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 367 372 368 412 397
Total Liabilities & Shareholder's Equity 1,346 1,355 1,353 1,364 1,275
Total Common Equity 367 372 368 412 397
Shares Outstanding 43.00 43.40 43.70 43.80 43.80
Book Value Per Share 8.53 8.57 8.43 9.42 9.06