Progress Software Corp (NASDAQ: PRGS) has reported E.P.S. of $0.25 for its first fiscal quarter (ending February 28) versus $0.52 for the same period a year ago — a decline of -52%. E.P.S. were $1.31 for the latest four quarters through February 28 versus $1.59 for the same period a year ago — a decline of -18%.
Recent Price Action
On 3/31/25, Progress Software Corp (NASDAQ: PRGS) stock rose slightly by 0.2%, closing at $51.51. Moreover, this advance was accompanied by unusually high trading volume at 158% of normal. The stock has performed in line with the market over the last nine months and has declined -5.4% during the last week.
Current PriceTarget Research Rating
Progress Software has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Progress Software has a neutral Power Rating of 50 but a good Appreciation Score of 77, producing the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment