Progress Software Shares Outstanding vs. Return On Asset
| PRGS Stock | USD 67.59 0.18 0.27% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.62 | 0.74 |
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For Progress Software profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Progress Software to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Progress Software utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Progress Software's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Progress Software over time as well as its relative position and ranking within its peers.
Progress |
Progress Software's Revenue Breakdown by Earning Segment
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Is Systems Software space 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 0.548 | Dividend Share 0.7 | Earnings Share 1.86 | Revenue Per Share 16.483 | Quarterly Revenue Growth 0.021 |
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.
Progress Software Return On Asset vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Progress Software's current stock value. Our valuation model uses many indicators to compare Progress Software value to that of its competitors to determine the firm's financial worth. Progress Software is rated below average in shares outstanding category among its peers. It is regarded fifth in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for Progress Software is about 788,694,853 . Return On Assets is likely to gain to 0.08 in 2024. Comparative valuation analysis is a catch-all technique that is used if you cannot value Progress Software by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Progress Return On Asset vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Progress Software |
| = | 42.91 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Progress Software |
| = | 0.0544 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Progress Return On Asset Comparison
Progress Software is currently under evaluation in return on asset category among its peers.
Progress Software Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Progress Software, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Progress Software will eventually generate negative long term returns. The profitability progress is the general direction of Progress Software's change in net profit over the period of time. It can combine multiple indicators of Progress Software, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -28.9 M | -30.4 M | |
| Operating Income | 127.1 M | 133.5 M | |
| Income Before Tax | 91.6 M | 49.7 M | |
| Total Other Income Expense Net | -27.8 M | -26.4 M | |
| Net Income | 80.7 M | 84.8 M | |
| Income Tax Expense | 10.9 M | 15.9 M | |
| Net Income Applicable To Common Shares | 109.3 M | 114.8 M | |
| Net Income From Continuing Ops | 80.7 M | 48.3 M | |
| Non Operating Income Net Other | 822.6 K | 863.7 K | |
| Interest Income | 2.9 M | 1.6 M | |
| Net Interest Income | -25.4 M | -24.1 M | |
| Change To Netincome | 12.6 M | 17.9 M | |
| Net Income Per Share | 1.45 | 1.53 | |
| Income Quality | 2.23 | 2.34 | |
| Net Income Per E B T | 0.79 | 0.54 |
Progress Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Progress Software. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Progress Software position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Progress Software's important profitability drivers and their relationship over time.
Use Progress Software in pair-trading
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.Progress Software Pair Trading
Progress Software Pair Trading Analysis
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.Use Investing Themes to Complement your Progress Software position
In addition to having Progress Software in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long Short Funds Theme or any other thematic opportunities.
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Additional 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.