Progress Software Corp. (PRGS) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
"main_header": {
"sid": 1159410,
"name": "Progress Software Corp.",
"stock_name": "Progress Software Corp.",
"full_name": "Progress Software Corp.",
"name_url": "stocks-analysis/progress-software-corp",
"exchange": 210,
"exchangecode": "NAS",
"country_id": 2,
"currency": "USD",
"cmp": "43.33",
"chg": 0.54,
"chgp": "1.26%",
"dir": 1,
"prev_price": "42.79",
"mcapval": "1,862.28",
"mcap": "Small Cap",
"scripcode": "",
"symbol": "",
"ind_name": "Software Products",
"ind_code": 3310,
"indexname": "S&P 500",
"isin": "US7433121008",
"curr_date": "Dec 04",
"curr_time": "",
"bse_nse_vol": "661.3 k",
"exc_status": "Active",
"traded_date": "Dec 04, 2025",
"traded_date_str": "2025 12 04",
"score": "",
"scoreText": "",
"Live": 0,
"market_time": 0,
"is_blur": 1,
"is_blur_class": "blur-registerF-score-header",
"is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/progress-software-corp-1159410-210&utm_source=Spage_Header_Score",
"mojoone": {
"ismore": 0
}
},
"news": {
"results": [
{
"title": "Progress Software Corp. Faces Valuation Shift Amid Declining Profit Trends and Premium Metrics",
"link": "https://www.marketsmojo.com/news/stock-recommendation/progress-software-corp-downgraded-to-sell-amid-valuation-concerns-and-profit-decline-3640176",
"imagepath": "https://i.marketsmojo.com/newsimg/2025/10/ProgressSoftwar_mojoScore_3640176.png",
"date": "2025-10-23 15:38:22",
"description": "Progress Software Corp. has recently experienced a valuation adjustment, reflecting changes in its financial metrics. Key indicators include a high P/E ratio of 38 and a significant dividend yield of 27.48%. Despite some growth, the company's overall financial performance has faced challenges, impacting its recent evaluation."
},
{
"title": "Is Progress Software Corp. overvalued or undervalued?",
"link": "https://www.marketsmojo.com/news/stocks-in-action/is-progress-software-corp-overvalued-or-undervalued-3637527",
"imagepath": "",
"date": "2025-10-21 12:04:07",
"description": "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.\n\nThe 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...."
},
{
"title": "Is Progress Software Corp. overvalued or undervalued?",
"link": "https://www.marketsmojo.com/news/stocks-in-action/is-progress-software-corp-overvalued-or-undervalued-3634393",
"imagepath": "",
"date": "2025-10-20 12:21:36",
"description": "As of 17 October 2025, Progress Software Corp. has moved from a fair to an expensive valuation grade. The company appears overvalued based on its current metrics, including a P/E ratio of 38, a Price to Book Value of 6.39, and an EV to EBITDA of 15.19. Comparatively, peers such as ACI Worldwide, Inc. have a P/E of 25.62 and an EV to EBITDA of 15.88, indicating that Progress Software Corp. is trading at a premium relative to its industry.\n\nAdditionally, the company's recent stock performance has lagged significantly behind the S&P 500, with a year-to-date return of -30.68% compared to the index's 13.30%. This underperformance, along with its high valuation ratios, reinforces the conclusion that Progress Software Corp. is overvalued in the current market environment...."
},
{
"title": "Is Progress Software Corp. overvalued or undervalued?",
"link": "https://www.marketsmojo.com/news/stocks-in-action/is-progress-software-corp-overvalued-or-undervalued-3631935",
"imagepath": "",
"date": "2025-10-19 11:59:13",
"description": "As of 17 October 2025, the valuation grade for Progress Software Corp. has moved from fair to expensive, indicating that the stock is overvalued. The company exhibits a P/E ratio of 38, a Price to Book Value of 6.39, and an EV to EBITDA of 15.19, all of which suggest a premium valuation compared to its peers. Notably, ACI Worldwide, Inc. has a P/E of 25.62 and an EV to EBITDA of 15.88, while the average peer P/E stands at approximately 25.29, reinforcing the perception that Progress Software is trading at a higher valuation than its industry counterparts.\n\nIn terms of recent performance, Progress Software has underperformed relative to the S&P 500, with a year-to-date return of -30.68% compared to the index's 13.30%. This significant underperformance, coupled with the elevated valuation ratios, supports the conclusion that Progress Software Corp. is overvalued...."
},
{
"title": "Is Progress Software Corp. technically bullish or bearish?",
"link": "https://www.marketsmojo.com/news/stocks-in-action/is-progress-software-corp-technically-bullish-or-bearish-3614519",
"imagepath": "",
"date": "2025-10-13 11:35:56",
"description": "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 multiple indicators. The MACD is bearish on both weekly and monthly timeframes, and the Bollinger Bands reflect a bearish outlook on the weekly and mildly bearish on the monthly. Moving averages are mildly bearish on the daily, while the KST is bearish across both weekly and monthly periods. The Dow Theory shows no trend on the weekly and mildly bearish on the monthly. \n\nAdditionally, the stock has underperformed against the S&P 500, with a year-to-date return of -31.47% compared to the S&P 500's 11.41%, and a one-year return of -31.54% versus 13.36% for the index. Overall, the technical indicators suggest a bearish sentiment for Progress Software Corp...."
},
{
"title": "Is Progress Software Corp. technically bullish or bearish?",
"link": "https://www.marketsmojo.com/news/stocks-in-action/is-progress-software-corp-technically-bullish-or-bearish-3612849",
"imagepath": "",
"date": "2025-10-12 11:24:12",
"description": "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 also reflect a bearish sentiment on the weekly and mildly bearish on the monthly. Moving averages are mildly bearish on the daily chart. The Dow Theory shows no trend on the weekly and mildly bearish on the monthly.\n\nIn terms of performance, the stock has underperformed the S&P 500 significantly over the year and year-to-date, with returns of -31.54% and -31.47% respectively, compared to the S&P 500's 13.36% and 11.41%. Overall, the technical indicators suggest a strong bearish outlook for Progress Software Corp...."
},
{
"title": "Is Progress Software Corp. technically bullish or bearish?",
"link": "https://www.marketsmojo.com/news/stocks-in-action/is-progress-software-corp-technically-bullish-or-bearish-3598907",
"imagepath": "",
"date": "2025-10-07 12:13:01",
"description": "As of 3 October 2025, the technical trend for Progress Software Corp. has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD remains bearish, suggesting mixed signals. The daily moving averages are mildly bearish, and Bollinger Bands show a mildly bearish trend on both weekly and monthly time frames. The KST and OBV are bearish on a weekly and monthly basis, while Dow Theory shows no trend weekly and mildly bearish monthly.\n\nIn terms of performance, the stock has outperformed the S&P 500 over the past week and month, but it has significantly underperformed over the year-to-date and one-year periods. Overall, the current technical stance is mildly bearish, indicating a weak downward trend...."
},
{
"title": "Is Progress Software Corp. technically bullish or bearish?",
"link": "https://www.marketsmojo.com/news/stocks-in-action/is-progress-software-corp-technically-bullish-or-bearish-3593629",
"imagepath": "",
"date": "2025-10-06 12:03:25",
"description": "As of 3 October 2025, the technical trend for Progress Software Corp. has changed from bearish to mildly bearish. The current stance is mildly bearish, supported by bearish MACD readings on both weekly and monthly time frames, along with mildly bearish Bollinger Bands and daily moving averages. The KST is bearish on both weekly and monthly charts, while the Dow Theory indicates a mildly bullish weekly trend but a mildly bearish monthly trend. The OBV shows a mildly bullish weekly stance but is also mildly bearish monthly. \n\nIn terms of performance, the stock has underperformed the S&P 500 across multiple periods, with a year-to-date return of -29.13% compared to the S&P 500's 14.18%, and a one-year return of -28.76% versus 17.82% for the index...."
},
{
"title": "Is Progress Software Corp. technically bullish or bearish?",
"link": "https://www.marketsmojo.com/news/stocks-in-action/is-progress-software-corp-technically-bullish-or-bearish-3591703",
"imagepath": "",
"date": "2025-10-05 11:48:11",
"description": "As of 3 October 2025, the technical trend for Progress Software Corp. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by weekly and monthly MACD readings both indicating bearish momentum, alongside a mildly bearish signal from Bollinger Bands and daily moving averages. The Dow Theory presents a mixed view with a mildly bullish weekly signal but a mildly bearish monthly signal. Additionally, the On-Balance Volume (OBV) shows a mildly bullish weekly trend but is bearish monthly. \n\nIn terms of performance, the stock has underperformed the S&P 500 over the year, with a return of -28.76% compared to the S&P 500's 17.82%. Over three years, however, it has returned 6.11%, significantly lagging behind the S&P 500's 82.57%...."
}
],
"total": 23,
"sid": "1159410",
"stock_news_url": "https://www.marketsmojo.com/news/progress-software-corp-1159410"
},
"announcements": "",
"corporate_actions": {
"msg": "No corporate action Found"
}
}

News and Views

Progress Software Corp. Faces Valuation Shift Amid Declining Profit Trends and Premium Metrics

2025-10-23 15:38:22

Progress Software Corp. has recently experienced a valuation adjustment, reflecting changes in its financial metrics. Key indicators include a high P/E ratio of 38 and a significant dividend yield of 27.48%. Despite some growth, the company's overall financial performance has faced challenges, impacting its recent evaluation.

Is Progress Software Corp. overvalued or undervalued?

2025-10-21 12:04:07

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. 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....

Is Progress Software Corp. overvalued or undervalued?

2025-10-20 12:21:36

As of 17 October 2025, Progress Software Corp. has moved from a fair to an expensive valuation grade. The company appears overvalued based on its current metrics, including a P/E ratio of 38, a Price to Book Value of 6.39, and an EV to EBITDA of 15.19. Comparatively, peers such as ACI Worldwide, Inc. have a P/E of 25.62 and an EV to EBITDA of 15.88, indicating that Progress Software Corp. is trading at a premium relative to its industry. Additionally, the company's recent stock performance has lagged significantly behind the S&P 500, with a year-to-date return of -30.68% compared to the index's 13.30%. This underperformance, along with its high valuation ratios, reinforces the conclusion that Progress Software Corp. is overvalued in the current market environment....

Is Progress Software Corp. overvalued or undervalued?

2025-10-19 11:59:13

As of 17 October 2025, the valuation grade for Progress Software Corp. has moved from fair to expensive, indicating that the stock is overvalued. The company exhibits a P/E ratio of 38, a Price to Book Value of 6.39, and an EV to EBITDA of 15.19, all of which suggest a premium valuation compared to its peers. Notably, ACI Worldwide, Inc. has a P/E of 25.62 and an EV to EBITDA of 15.88, while the average peer P/E stands at approximately 25.29, reinforcing the perception that Progress Software is trading at a higher valuation than its industry counterparts. In terms of recent performance, Progress Software has underperformed relative to the S&P 500, with a year-to-date return of -30.68% compared to the index's 13.30%. This significant underperformance, coupled with the elevated valuation ratios, supports the conclusion that Progress Software Corp. is overvalued....

Is Progress Software Corp. technically bullish or bearish?

2025-10-13 11:35:56

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 multiple indicators. The MACD is bearish on both weekly and monthly timeframes, and the Bollinger Bands reflect a bearish outlook on the weekly and mildly bearish on the monthly. Moving averages are mildly bearish on the daily, while the KST is bearish across both weekly and monthly periods. The Dow Theory shows no trend on the weekly and mildly bearish on the monthly. Additionally, the stock has underperformed against the S&P 500, with a year-to-date return of -31.47% compared to the S&P 500's 11.41%, and a one-year return of -31.54% versus 13.36% for the index. Overall, the technical indicators suggest a bearish sentiment for Progress Software Corp....

Is Progress Software Corp. technically bullish or bearish?

2025-10-12 11:24:12

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 also reflect a bearish sentiment on the weekly and mildly bearish on the monthly. Moving averages are mildly bearish on the daily chart. The Dow Theory shows no trend on the weekly and mildly bearish on the monthly. In terms of performance, the stock has underperformed the S&P 500 significantly over the year and year-to-date, with returns of -31.54% and -31.47% respectively, compared to the S&P 500's 13.36% and 11.41%. Overall, the technical indicators suggest a strong bearish outlook for Progress Software Corp....

Is Progress Software Corp. technically bullish or bearish?

2025-10-07 12:13:01

As of 3 October 2025, the technical trend for Progress Software Corp. has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD remains bearish, suggesting mixed signals. The daily moving averages are mildly bearish, and Bollinger Bands show a mildly bearish trend on both weekly and monthly time frames. The KST and OBV are bearish on a weekly and monthly basis, while Dow Theory shows no trend weekly and mildly bearish monthly. In terms of performance, the stock has outperformed the S&P 500 over the past week and month, but it has significantly underperformed over the year-to-date and one-year periods. Overall, the current technical stance is mildly bearish, indicating a weak downward trend....

Is Progress Software Corp. technically bullish or bearish?

2025-10-06 12:03:25

As of 3 October 2025, the technical trend for Progress Software Corp. has changed from bearish to mildly bearish. The current stance is mildly bearish, supported by bearish MACD readings on both weekly and monthly time frames, along with mildly bearish Bollinger Bands and daily moving averages. The KST is bearish on both weekly and monthly charts, while the Dow Theory indicates a mildly bullish weekly trend but a mildly bearish monthly trend. The OBV shows a mildly bullish weekly stance but is also mildly bearish monthly. In terms of performance, the stock has underperformed the S&P 500 across multiple periods, with a year-to-date return of -29.13% compared to the S&P 500's 14.18%, and a one-year return of -28.76% versus 17.82% for the index....

Is Progress Software Corp. technically bullish or bearish?

2025-10-05 11:48:11

As of 3 October 2025, the technical trend for Progress Software Corp. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by weekly and monthly MACD readings both indicating bearish momentum, alongside a mildly bearish signal from Bollinger Bands and daily moving averages. The Dow Theory presents a mixed view with a mildly bullish weekly signal but a mildly bearish monthly signal. Additionally, the On-Balance Volume (OBV) shows a mildly bullish weekly trend but is bearish monthly. In terms of performance, the stock has underperformed the S&P 500 over the year, with a return of -28.76% compared to the S&P 500's 17.82%. Over three years, however, it has returned 6.11%, significantly lagging behind the S&P 500's 82.57%....

View All News