Progress Financial Statements From 2010 to 2024
| PRGS Stock | USD 51.70 0.27 0.52% |
Gross Profit 529.6 M | Profit Margin 0.0967 | Market Capitalization 2.2 B | Enterprise Value Revenue 3.8925 | Revenue 714.9 M |
Progress Software Total Revenue |
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Check Progress Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Progress main balance sheet or income statement drivers, such as Depreciation And Amortization of 124.6 M, Interest Expense of 37.2 M or Total Revenue of 838.5 M, as well as many exotic indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.016 or PTB Ratio of 4.65. Progress financial statements analysis is a perfect complement when working with Progress Software Valuation or Volatility modules.
Progress | Select Account or Indicator |
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Progress Software Cash Flow Statement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Progress Fundamental Market Drivers
| Forward Price Earnings | 10.846 | |
| Cash And Short Term Investments | 127 M |
Progress Upcoming Events
| 26th of March 2024 Upcoming Quarterly Report | View | |
| 4th of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 21st of January 2025 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 30th of November 2023 Last Financial Announcement | View |
About Progress Software Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Progress Software income statement, its balance sheet, and the statement of cash flows. Progress Software investors use historical funamental indicators, such as Progress Software's revenue or net income, to determine how well the company is positioned to perform in the future. Although Progress Software investors may use each financial statement separately, they are all related. The changes in Progress Software's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Progress Software's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Progress Software Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Progress Software. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 271.5 M | 145.3 M | |
| Total Revenue | 798.6 M | 838.5 M | |
| Cost Of Revenue | 145.6 M | 152.8 M | |
| Stock Based Compensation To Revenue | 0.05 | 0.04 | |
| Sales General And Administrative To Revenue | 0.28 | 0.30 | |
| Research And Ddevelopement To Revenue | 0.17 | 0.14 | |
| Capex To Revenue | (0.01) | (0.01) | |
| Revenue Per Share | 14.38 | 15.10 | |
| Ebit Per Revenue | 0.14 | 0.11 |
Pair Trading with Progress Software
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Progress Software position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Progress Software will appreciate offsetting losses from the drop in the long position's value.Moving together with Progress Stock
| 0.85 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
| 0.77 | MQ | Marqeta | PairCorr |
Moving against Progress Stock
| 0.84 | NN | Nextnav Acquisition Corp | PairCorr |
| 0.63 | GB | Global Blue Group | PairCorr |
| 0.44 | VERI | Veritone | PairCorr |
The ability to find closely correlated positions to Progress Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Progress Software when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Progress Software - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Progress Software to buy it.
The correlation of Progress Software is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Progress Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Progress Software moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Progress Software can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Progress Software Correlation against competitors. For more information on how to buy Progress Stock please use our How to Invest in Progress Software guide.Note that the Progress Software information on this page should be used as a complementary analysis to other Progress Software's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Progress Stock analysis
When running Progress Software's price analysis, check to measure Progress Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progress Software is operating at the current time. Most of Progress Software's value examination focuses on studying past and present price action to predict the probability of Progress Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progress Software's price. Additionally, you may evaluate how the addition of Progress Software to your portfolios can decrease your overall portfolio volatility.
| Global Correlations Find global opportunities by holding instruments from different markets | |
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| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Progress Software's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Progress Software. If investors know Progress will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Progress Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 0.7 | Earnings Share 1.55 | Revenue Per Share 16.404 | Quarterly Revenue Growth 0.125 |
The market value of Progress Software is measured differently than its book value, which is the value of Progress that is recorded on the company's balance sheet. Investors also form their own opinion of Progress Software's value that differs from its market value or its book value, called intrinsic value, which is Progress Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Progress Software's market value can be influenced by many factors that don't directly affect Progress Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Progress Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Progress Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progress Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.