Equities

Progress Software Corp

Progress Software Corp

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  • Price (USD)49.71
  • Today's Change0.46 / 0.93%
  • Shares traded346.03k
  • 1 Year change+30.34%
  • Beta1.1612
Data delayed at least 15 minutes, as of Oct 27 2021 21:00 BST.
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About the company

Progress Software Corporation provides software products to develop, deploy and manage business applications. Its product category includes digital experience, Devops, Infrastructure Monitoring, UI/UX Tools, Secure File Transfer, Secure Data Connectivity and Integration, Mission- Critical App Platform and Intelligent Decisioning. Its services consist of consulting, education, modernization and outsourcing. Its products are sold as perpetual licenses and its cloud-based offerings use a subscription-based model. Its indirect channel partners are independent software vendors (ISVs), original equipment manufacturers (OEMs), distributors and resellers. It operates in the North America and Latin America (the Americas), Europe, the Middle East and Africa (EMEA) and the Asia Pacific region, through local subsidiaries as well as independent distributors.

  • Revenue in USD (TTM)513.57m
  • Net income in USD81.16m
  • Incorporated2015
  • Employees1.80k
  • Location
    Progress Software Corp14 Oak Park DrBEDFORD 01730-1414United StatesUSA
  • Phone+1 (781) 280-4473
  • Fax+1 (302) 636-5454
  • Websitehttps://www.progress.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
PRGS:NSQ since
announced
Transaction
value
Kemp Technologies IncAnnounced23 Sep 202123 Sep 2021Announced9.95%258.00m
Data delayed at least 15 minutes, as of Oct 27 2021 21:00 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Meridianlink Inc-100.00bn-100.00bn1.87bn544.00--------------3.82----------------------------0.6666--30.52--42.67------
Sumo Logic Inc219.08m-103.48m1.88bn759.00--4.19--8.58-1.19-1.192.374.060.5246--7.27288,642.90-24.78---35.17--71.21---47.23-----228.450.00--30.69--12.85------
American Well Corp240.80m-190.44m2.01bn812.00--1.75--8.35-0.7956-0.79561.004.840.25521.106.32296,550.50-20.14---23.03--38.04---78.97--11.25--0.00--64.77---157.41------
Doma Holdings Inc0.00-2.79m2.02bn----0.8714-----0.0934-0.09340.007.170.00-------1.61---1.62--------------0.0023-------229,210.60------
Cellebrite DI Ltd-100.00bn-100.00bn2.03bn2.00--1.55----------7.00----------------------------0.00--------------
Walkme Ltd-100.00bn-100.00bn2.08bn940.00--6.58----------3.82--------------------------------41.07---7.76------
Bottomline Technologies Inc471.40m-16.29m2.13bn2.34k--4.4456.044.52-0.3793-0.379311.0010.550.586--6.60201,110.50-2.02-0.9247-2.50-1.2258.3356.54-3.46-1.53--0.46620.2218--6.606.55-76.49--2.82--
Progress Software Corp513.57m81.16m2.18bn1.80k27.365.4916.594.241.821.8211.499.050.468--5.71285,952.107.393.229.574.4185.2883.2815.806.28--7.640.586490.636.983.21201.98---5.93--
ForgeRock Inc157.07m-25.99m2.18bn758.00------13.88-0.3274-0.32741.980.7289------207,209.80--------83.82---16.54-----2.470.4055--22.14---13.24------
GreenSky Inc532.52m29.29m2.23bn1.16k32.84128.5322.784.190.36880.36882.980.09420.4038--28.47457,491.406.4515.386.0015.2747.6557.0615.9724.94--5.471.200.00-1.3124.82-68.84-33.4334.98--
2U Inc886.05m-157.61m2.27bn3.77k--2.47--2.56-2.22-2.2212.3912.310.540--10.24234,901.60-9.60-14.97-11.35-17.1551.3855.66-17.79-23.97---26.310.4472--34.7838.837.97--38.47--
Ping Identity Holding Corp271.04m-31.72m2.28bn1.02k--3.13281.968.41-0.3895-0.38953.348.860.2813--2.12265,209.40-3.29---3.56--70.85---11.70-----25.960.1408--0.2845---690.63------
Xometry Inc174.45m-47.92m2.29bn380.00------13.15-1.12-1.124.070.712------451,930.10--------23.71---22.43--1.25-26.180.3421--76.26---28.69------
N-Able Inc324.71m-14.89m2.30bn1.27k--3.21139.177.08-0.0941-0.09412.054.00------256,079.70--------81.65---4.58----1.960.3388--14.93---184.95------
Sharecare Inc0.00-10.16m2.32bn0.00--0.9909-----0.259-0.2590.006.970.00-------5.88---5.90--------------0.00--------------
Taboola.com Ltd1.27bn-47.04m2.37bn1.35k--4.34275.061.86-0.1801-0.18014.882.10------940,842.70--------29.23---1.84-----4.630.00--8.69--70.65------
Data as of Oct 27 2021. Currency figures normalised to Progress Software Corp's reporting currency: US Dollar USD

Institutional shareholders

51.48%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 30 Jun 20216.64m15.18%
The Vanguard Group, Inc.as of 30 Jun 20214.74m10.83%
Renaissance Technologies LLCas of 30 Jun 20211.72m3.94%
Leucadia Asset Management LLCas of 30 Jun 20211.61m3.68%
Segall Bryant & Hamill LLCas of 30 Jun 20211.60m3.67%
SSgA Funds Management, Inc.as of 30 Jun 20211.49m3.40%
Dimensional Fund Advisors LPas of 30 Jun 20211.40m3.19%
LSV Asset Managementas of 30 Jun 20211.16m2.64%
Fuller & Thaler Asset Management, Inc.as of 30 Jun 20211.09m2.48%
Investment Counselors of Maryland LLCas of 30 Jun 20211.08m2.47%
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Data from 30 Jun 2021 - 30 Jun 2021Source: FactSet Research Systems Inc.
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