April 20, 2024


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Development Software program (PRGS) Set to Announce Earnings on Thursday

Development Program (NASDAQ:PRGS) is scheduled to be releasing its earnings info right after the sector closes on Thursday, January 14th. Analysts hope Progress Application to publish earnings of $.67 for each share for the quarter. Folks that want to register for the company’s earnings meeting phone can do so applying this url.

Shares of PRGS stock opened at $47.16 on Thursday. Progress Software program has a 52-7 days lower of $28.09 and a 52-7 days superior of $52.50. The stock has a sector cap of $2.13 billion, a selling price-to-earnings ratio of 37.73 and a beta of 1.02. The organization has a debt-to-equity ratio of .74, a fast ratio of 1.41 and a present ratio of 1.41. The business has a fifty working day moving common of $42.11 and a 200-working day shifting typical of $38.42.

In relevant news, SVP Gary Quinn marketed 7,116 shares of the inventory in a transaction dated Monday, October 12th. The shares ended up sold at an regular cost of $40.32, for a overall transaction of $286,917.12. Subsequent the completion of the sale, the senior vice president now owns 8,197 shares in the company, valued at approximately $330,503.04. The sale was disclosed in a filing with the Securities & Trade Fee, which is offered at the SEC website. Business insiders very own 1.80% of the company’s inventory.

A quantity of brokerages have a short while ago issued reports on PRGS. ValuEngine upgraded shares of Progress Software program from a “sell” ranking to a “hold” score in a investigation note on Tuesday. Zacks Financial commitment Research upgraded shares of Progress Program from a “hold” rating to a “buy” rating and set a $44.00 goal value for the firm in a investigate report on Tuesday, Oct 27th. Ultimately, BidaskClub upgraded shares of Progress Software package from a “hold” ranking to a “buy” score in a investigation report on Friday, December 25th. A person expenditure analyst has rated the inventory with a maintain score and four have assigned a invest in rating to the stock. The corporation has an typical rating of “Buy” and a consensus price tag focus on of $44.00.

Development Program Organization Profile

Development Application Company develops business enterprise apps. The enterprise operates through a few segments: OpenEdge, Data Connectivity and Integration, and Software Advancement and Deployment. The OpenEdge section features Development OpenEdge, a progress program, which builds multi-language apps for protected deployment across several platforms and devices, as perfectly as cloud Progress Corticon, a small business principles management program that permits applications with conclusion automation and adjust approach, and decision-connected perception capabilities Development Kinvey, a platform for creating organization apps MOVEit that delivers secure collaboration and automatic file transfers of important business facts WhatsUp Gold, a network checking solution and DataRPM, a cognitive predictive maintenance answer for industrial IoT.

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Earnings History for Progress Software (NASDAQ:PRGS)

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