Progress Software Corporation Stock Price and Value Analysis

Should you buy Progress Software Corporation stock? (NasdaqGS:PRGS). Let's see how it does in our automated value investing analysis system.

PRGS Free Cash Flow Trend

Free Cash Flow trendline for PRGS
Free Cash Flow trendline for Progress Software Corporation

Based on historical returns, we believe that Progress Software Corporation can grow its free cash at a rate of about 6%. That's positive!

  • This company is making money at a decent rate.
  • This company is solid.
  • This stock looks overpriced.
  • This company has a low dividend yield.
  • This company has wild ups and downs.

Inside the PRGS Numbers

PRGS Price
(Progress Software Corporation stock price per share)
[?] PRGS Fair Price
(based on intrinsic value)
[?] PRGS Safety Price (based on a variable margin of safety) $20.11
[?] PE Ratio versus Sector 50% higher than other Technology stocks
[?] PE Ratio versus Industry 102% higher than other Software - Application stocks
[?] Cash Yield 7.23%
[?] Free Cash Flow Jitter 106%
[?] Dividend Yield 2%
Shares Shorted 955,335

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 955,335 shares shorted. With 41,197,608 shares available for purchase and an average trading volume over the past 10 trading days of 321,985, it would take at least 2.967 days for all of the short holders to cover their shorts.

Is Progress Software Corporation Stock on Sale?

We believe that Progress Software Corporation may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

Progress Software Corporation looks overpriced right now. If you're looking for a bargain in the stock market, you should probably look elsewhere for a great deal. This might still be a great stock to own—but it's not on sale right now.

Should You Buy PRGS Stock?

Does Progress Software Corporation have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.