After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
Stocks Info
The company is listed on the NASDAQ and operates within the Software – Infrastructure industry segment. The current market capitalization of Progress Software Corp is $2.49B. A total of 0.75 million shares were traded on the day, compared to an average of 621.35K shares.
In the most recent transaction, LoCoco Domenic sold 1,000 shares of PRGS for 56.24 per share on Feb 03 ’25. After the transaction, the Chief Accounting Officer now owns 4,303 company shares. In a previous transaction on Feb 03 ’25, Pitt Ian sold 1,482 shares at 56.60 per share. PRGS shares that Chief Information Officer owns now total 7,613.
Among the insiders who sold shares, Jarrett Loren disposed of 10,074 shares on Feb 03 ’25 at a per-share price of $55.61. This resulted in the EVP/GM Digital Experience holding 11,629 shares of PRGS after the transaction. In another insider transaction, FOLGER ANTHONY sold 15,000 shares at $56.30 per share on Feb 03 ’25. Company shares held by the Chief Financial Officer now total 44,564.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Progress Software Corp pays an annual dividend of $0.53, resulting in a dividend yield of 0.91%, and it has a price to earnings (P/E) ratio of 37.05. PRGS’s most recent ex-dividend date was 1.27% when it declared a $0.1750 quarterly dividend that was paid in cash on 9/2/2024. Previously, the company paid the dividend on 6/3/2024 with an ex-dividend date of 1.33%. The PRGS stock dividend was $0.1750 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, PRGS has a high of $70.56 and a low of $48.00.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. PRGS’s latest balance sheet shows that the firm has $157.37M in Cash & Short Term Investments as of fiscal 2021. There were $591.35M in debt and $322.93M in liabilities at the time. Its Book Value Per Share was $10.12, while its Total Shareholder’s Equity was $412.49M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PRGS is Buy with a score of 4.43.
