Progress Software Corp.

  • Market Cap: Small Cap
  • Industry: Software Products
  • ISIN: US7433121008
USD
43.33
0.54 (1.26%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

330.65 k

Shareholding (Feb 2025)

FII

14.77%

Held by 140 FIIs

DII

30.39%

Held by 62 DIIs

Promoter

0.04%

How big is Progress Software Corp.?

22-Jun-2025

As of Jun 18, Progress Software Corp. has a market capitalization of $2.73 billion, with net sales of $806.74 million and a net profit of $56.75 million over the last four quarters.

As of Jun 18, Progress Software Corp. has a market capitalization of 2,730.86 million, categorizing it as a Small Cap company.<BR><BR>As of Jun 18, the company reported net sales of 806.74 million and a net profit of 56.75 million for the latest four quarters.<BR><BR>As of Nov'24, the balance sheet shows shareholder's funds of 438.79 million and total assets of 2,526.97 million.

Read More

What does Progress Software Corp. do?

22-Jun-2025

Progress Software Corporation specializes in application development within the Software Products industry, with a recent net sales of $238 million and a market cap of approximately $2.73 billion. Key financial metrics include a P/E ratio of 38.00 and a dividend yield of 27.79%.

Overview: <BR>Progress Software Corporation is engaged in application development within the Software Products industry and operates in the small-cap market segment.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 238 Million (Quarterly Results - Feb 2025) <BR>Most recent Net Profit: 11 Million (Quarterly Results - Feb 2025) <BR>Market-cap: USD 2,730.86 Million (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 38.00 <BR>Dividend Yield: 27.79% <BR>Debt Equity: 3.20 <BR>Return on Equity: 16.95% <BR>Price to Book: 6.32<BR><BR>Contact Details: <BR>Address: 14 Oak Park Dr, BEDFORD MA: 01730-1414 <BR>Tel: 1 781 2804473 <BR>Website: https://www.progress.com/

Read More

Should I buy, sell or hold Progress Software Corp.?

22-Jun-2025

Who are in the management team of Progress Software Corp.?

22-Jun-2025

As of March 2022, the management team of Progress Software Corp. includes Mr. John Egan (Independent Non-Executive Chairman), Mr. Yogesh Gupta (President and CEO), and several Independent Directors: Mr. Paul Dacier, Dr. Rainer Gawlick, Mr. Charles Kane, and Ms. Samskriti King. They oversee the company's strategic direction and governance.

As of March 2022, the management team of Progress Software Corp. includes the following individuals:<BR><BR>- Mr. John Egan, who serves as the Independent Non-Executive Chairman of the Board.<BR>- Mr. Yogesh Gupta, who is the President, Chief Executive Officer, and Director.<BR>- Mr. Paul Dacier, who is an Independent Director.<BR>- Dr. Rainer Gawlick, who is also an Independent Director.<BR>- Mr. Charles Kane, who serves as an Independent Director.<BR>- Ms. Samskriti King, who is an Independent Director.<BR><BR>This team is responsible for overseeing the company's strategic direction and governance.

Read More

Is Progress Software Corp. technically bullish or bearish?

14-Oct-2025

As of October 10, 2025, Progress Software Corp. has a bearish trend indicated by MACD, KST, and Bollinger Bands, with a year-to-date return of -28.06% compared to the S&P 500's 11.41%, suggesting a weak bearish outlook.

As of 10 October 2025, the technical trend for Progress Software Corp. has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from the MACD and KST on both weekly and monthly time frames. The Bollinger Bands are also bearish on the weekly and mildly bearish on the monthly, while moving averages indicate a mildly bearish trend on the daily. The Dow Theory shows no trend on the weekly and mildly bearish on the monthly. <BR><BR>In terms of performance, the stock has returned -28.06% year-to-date compared to the S&P 500's 11.41%, and -28.28% over the past year against the S&P 500's 13.36%. Overall, the technical indicators suggest a weak bearish outlook for the stock.

Read More

Is Progress Software Corp. overvalued or undervalued?

21-Oct-2025

As of October 17, 2025, Progress Software Corp. is considered overvalued with a P/E ratio of 38 and a year-to-date return of -30.68%, significantly underperforming compared to the S&P 500's 13.30% return.

As of 17 October 2025, the valuation grade for Progress Software Corp. has moved from fair to expensive, indicating that the company is overvalued. The most relevant valuation ratios include a P/E ratio of 38, a Price to Book Value of 6.39, and an EV to EBITDA of 15.19. In comparison, ACI Worldwide, Inc. has a P/E of 25.62 and an EV to EBITDA of 15.88, suggesting that Progress Software is trading at a premium relative to its peers.<BR><BR>The company's recent stock performance has been underwhelming, with a year-to-date return of -30.68% compared to the S&P 500's return of 13.30%, further reinforcing the notion that Progress Software is not only overvalued but also struggling to deliver returns in the current market environment.

Read More
iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

MarketsMojo — Loved in India, Now Global

The power of Mojo is now in 29 countries. Explore global equities with the same cutting-edge features you love.

Dashboard
1

Negative results in May 25

  • INTEREST(HY) At USD 36.57 MM has Grown at 154.8%
  • NET PROFIT(9M) At USD 42.61 MM has Grown at -33.8%
  • ROCE(HY) Lowest at 13.48%
2

With ROCE of 8.87%, it has a very expensive valuation with a 2.28 Enterprise value to Capital Employed

3

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Software Products

stock-summary
Market cap

USD 1,862 Million (Small Cap)

stock-summary
P/E

38.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

3.01

stock-summary
Return on Equity

16.27%

stock-summary
Price to Book

4.11

Revenue and Profits:
Net Sales:
237 Million
(Quarterly Results - May 2025)
Net Profit:
17 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-3.28%
0%
-3.28%
6 Months
-31.25%
0%
-31.25%
1 Year
-36.9%
0%
-36.9%
2 Years
-20.71%
0%
-20.71%
3 Years
-19.64%
0%
-19.64%
4 Years
-11.37%
0%
-11.37%
5 Years
5.92%
0%
5.92%

Progress Software Corp. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News
Announcements stock-summary
Icon
No announcement available
Corporate Actions stock-summary
Icon
No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
14.91%
EBIT Growth (5y)
12.36%
EBIT to Interest (avg)
5.89
Debt to EBITDA (avg)
2.67
Net Debt to Equity (avg)
3.01
Sales to Capital Employed (avg)
0.52
Tax Ratio
27.74%
Dividend Payout Ratio
34.08%
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
14.34%
ROE (avg)
22.39%
Valuation key factors
Factor
Value
P/E Ratio
38
Industry P/E
Price to Book Value
6.39
EV to EBIT
25.76
EV to EBITDA
15.19
EV to Capital Employed
2.28
EV to Sales
5.14
PEG Ratio
NA
Dividend Yield
27.48%
ROCE (Latest)
8.87%
ROE (Latest)
16.95%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Feb 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 92 Schemes (54.71%)

Foreign Institutions

Held by 140 Foreign Institutions (14.77%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - May'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "May'25",
        "Nov'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "237.40",
          "val2": "215.00",
          "chgp": "10.42%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "80.30",
          "val2": "70.40",
          "chgp": "14.06%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "18.10",
          "val2": "10.90",
          "chgp": "66.06%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-3.50",
          "val2": "-21.80",
          "chgp": "83.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "17.00",
          "val2": "1.10",
          "chgp": "1,445.45%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "177.50%",
          "val2": "201.60%",
          "chgp": "-2.41%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Nov'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Nov 2024 is 8.50% vs 15.35% in Nov 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Nov 2024 is -2.56% vs -26.18% in Nov 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Nov'24",
        "Nov'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "753.40",
          "val2": "694.40",
          "chgp": "8.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "258.10",
          "val2": "232.70",
          "chgp": "10.92%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "32.00",
          "val2": "30.80",
          "chgp": "3.90%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-33.20",
          "val2": "-19.30",
          "chgp": "-72.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "68.40",
          "val2": "70.20",
          "chgp": "-2.56%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "208.70%",
          "val2": "186.90%",
          "chgp": "2.18%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - May'25 - QoQstock-summary
May'25
Nov'24
Change(%)
Net Sales
237.40
215.00
10.42%
Operating Profit (PBDIT) excl Other Income
80.30
70.40
14.06%
Interest
18.10
10.90
66.06%
Exceptional Items
-3.50
-21.80
83.94%
Consolidate Net Profit
17.00
1.10
1,445.45%
Operating Profit Margin (Excl OI)
177.50%
201.60%
-2.41%
USD in Million.
Net Sales

Not Applicable: The company has declared_date for only one period

Consolidated Net Profit

Not Applicable: The company has declared_date for only one period

Annual Results Snapshot (Consolidated) - Nov'24stock-summary
Nov'24
Nov'23
Change(%)
Net Sales
753.40
694.40
8.50%
Operating Profit (PBDIT) excl Other Income
258.10
232.70
10.92%
Interest
32.00
30.80
3.90%
Exceptional Items
-33.20
-19.30
-72.02%
Consolidate Net Profit
68.40
70.20
-2.56%
Operating Profit Margin (Excl OI)
208.70%
186.90%
2.18%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Nov 2024 is 8.50% vs 15.35% in Nov 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Nov 2024 is -2.56% vs -26.18% in Nov 2023

stock-summaryCompany CV
About Progress Software Corp. stock-summary
stock-summary
Progress Software Corp.
Software Products
Progress Software Corporation is engaged in application development. The Company operates through three segments: OpenEdge, Data Connectivity and Integration (DCI), and Application Development and Deployment (AppDev). The OpenEdge business segment provides the product enhancements and marketing support to its partner base. It is also focused on providing partners and direct end users with a path to develop and integrate cloud-based applications. Its solutions include Progress OpenEdge and Progress Corticon. The DCI segment is focused on its data assets, including the data integration components of its cloud offerings. Its solutions include Progress DataDirect Connect and Progress DataDirect Cloud. The AppDev business segment is focused on generating customers for its application development assets. Its solutions include Dev Tools, NativeScript, Dev Cloud, Telerik Platform, Test Studio, Sitefinity and Progress Rollbase. Its offerings span Web, mobile and data.
Company Coordinates stock-summary
Company Details
14 Oak Park Dr , BEDFORD MA : 01730-1414
stock-summary
Tel: 1 781 2804473
stock-summary
Registrar Details