Progress Software Corp (NASDAQ: PRGS) kicked off on Friday, down -4.40% from the previous trading day, before settling in for the closing price of $42.96. Over the past 52 weeks, PRGS has traded in a range of $39.00-$65.73.
Technology Sector giant saw their annual sales surged by 21.48% over the last five years. While this was happening, its average annual earnings per share was recorded 12.11%. With a float of $42.06 million, this company’s outstanding shares have now reached $42.91 million.
Progress Software Corp (PRGS) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Progress Software Corp is 1.99%, while institutional ownership is 110.70%. The most recent insider transaction that took place on Oct 06 ’25, was worth 18,896. In this transaction Chief Information Officer of this company sold 409 shares at a rate of $46.20, taking the stock ownership to the 7,368 shares. Before that another transaction happened on Oct 06 ’25, when Company’s Officer proposed sale 409 for $46.17, making the entire transaction worth $18,884.
Progress Software Corp (PRGS) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 11/30/2024, the organization reported 1.33 earnings per share (EPS), higher than consensus estimate (set at 1.21) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.07% during the next five years compared to 21.48% growth over the previous five years of trading.
Progress Software Corp (NASDAQ: PRGS) Trading Performance Indicators
Take a look at Progress Software Corp’s (PRGS) current performance indicators. Last quarter, stock had a quick ratio of 0.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.87. Likewise, its price to free cash flow for the trailing twelve months is 9.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.10, a number that is poised to hit 1.31 in the next quarter and is forecasted to reach 5.68 in one year’s time.
Technical Analysis of Progress Software Corp (PRGS)
As of the previous 9 days, the stock’s Stochastic %D was 30.67%.
During the past 100 days, Progress Software Corp’s (PRGS) raw stochastic average was set at 24.73%, which indicates a significant increase from 10.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.06 in the past 14 days, which was lower than the 1.23 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.84, while its 200-day Moving Average is $50.18. Now, the first resistance to watch is $42.52. This is followed by the second major resistance level at $43.96. The third major resistance level sits at $44.94. If the price goes on to break the first support level at $40.10, it is likely to go to the next support level at $39.12. Now, if the price goes above the second support level, the third support stands at $37.68.
Progress Software Corp (NASDAQ: PRGS) Key Stats
The company with the Market Capitalisation of 1.76 billion has total of 42,908K Shares Outstanding. Its annual sales at the moment are 753,410 K in contrast with the sum of 68,440 K annual income. Company’s last quarter sales were recorded 249,800 K and last quarter income was 19,410 K.
