April 13, 2021


Advances in world technology

Progress Software package (PRGS) Established to Announce Earnings on Thursday

Progress Computer software (NASDAQ:PRGS) is scheduled to be releasing its earnings knowledge just after the current market closes on Thursday, January 14th. Analysts assume Development Computer software to article earnings of $.67 for each share for the quarter. People that wish to sign-up for the company’s earnings convention get in touch with can do so utilizing this link.

Shares of PRGS stock opened at $47.16 on Thursday. Progress Computer software has a 52-7 days very low of $28.09 and a 52-7 days substantial of $52.50. The inventory has a sector cap of $2.13 billion, a value-to-earnings ratio of 37.73 and a beta of 1.02. The firm has a debt-to-fairness ratio of .74, a fast ratio of 1.41 and a existing ratio of 1.41. The company has a fifty day transferring typical of $42.11 and a 200-day shifting regular of $38.42.

In related information, SVP Gary Quinn sold 7,116 shares of the stock in a transaction dated Monday, Oct 12th. The shares had been bought at an ordinary selling price of $40.32, for a complete transaction of $286,917.12. Following the completion of the sale, the senior vice president now owns 8,197 shares in the enterprise, valued at about $330,503.04. The sale was disclosed in a filing with the Securities & Trade Fee, which is offered at the SEC site. Corporation insiders possess 1.80% of the company’s stock.

A variety of brokerages have recently issued reports on PRGS. ValuEngine upgraded shares of Development Application from a “sell” rating to a “hold” ranking in a exploration take note on Tuesday. Zacks Investment Exploration upgraded shares of Progress Software package from a “hold” score to a “buy” score and established a $44.00 concentrate on selling price for the corporation in a research report on Tuesday, October 27th. Last but not least, BidaskClub upgraded shares of Progress Program from a “hold” rating to a “buy” ranking in a exploration report on Friday, December 25th. 1 financial investment analyst has rated the inventory with a hold ranking and 4 have assigned a obtain rating to the stock. The company has an common score of “Buy” and a consensus price concentrate on of $44.00.

Development Computer software Enterprise Profile

Development Application Corporation develops organization programs. The firm operates by a few segments: OpenEdge, Information Connectivity and Integration, and Software Progress and Deployment. The OpenEdge segment features Progress OpenEdge, a advancement software program, which builds multi-language purposes for safe deployment throughout various platforms and equipment, as very well as cloud Progress Corticon, a small business procedures administration system that allows purposes with decision automation and modify procedure, and conclusion-linked insight abilities Progress Kinvey, a platform for developing business programs MOVEit that offers safe collaboration and automatic file transfers of critical organization details WhatsUp Gold, a community checking resolution and DataRPM, a cognitive predictive routine maintenance option for industrial IoT.

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Earnings History for Progress Software (NASDAQ:PRGS)

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