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Upturn AI SWOT - About
PRGS 
Progress Software Corporation (PRGS)
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Upturn Advisory Summary
04/01/2025: PRGS (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -21.2% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.49B USD | Price to earnings Ratio 37.51 | 1Y Target Price 72.57 |
Price to earnings Ratio 37.51 | 1Y Target Price 72.57 | ||
Volume (30-day avg) 754052 | Beta 0.87 | 52 Weeks Range 47.86 - 70.56 | Updated Date 04/1/2025 |
52 Weeks Range 47.86 - 70.56 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 1.36% | Basic EPS (TTM) 1.54 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-03-24 | When Before Market | Estimate 1.0565 | Actual 1.31 |
Profitability
Profit Margin 7.03% | Operating Margin (TTM) 17.93% |
Management Effectiveness
Return on Assets (TTM) 5.01% | Return on Equity (TTM) 12.7% |
Valuation
Trailing PE 37.51 | Forward PE 11.36 | Enterprise Value 3891532471 | Price to Sales(TTM) 3.08 |
Enterprise Value 3891532471 | Price to Sales(TTM) 3.08 | ||
Enterprise Value to Revenue 4.82 | Enterprise Value to EBITDA 16.4 | Shares Outstanding 43024600 | Shares Floating 42557933 |
Shares Outstanding 43024600 | Shares Floating 42557933 | ||
Percent Insiders 1.63 | Percent Institutions 118.63 |
Analyst Ratings
Rating 4.29 | Target Price 73.29 | Buy 1 | Strong Buy 4 |
Buy 1 | Strong Buy 4 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Progress Software Corporation
Company Overview
History and Background
Progress Software Corporation was founded in 1981. It began by developing a relational database management system and 4GL application development environment. Over time, it expanded through acquisitions and organic growth into providing application development, data connectivity, and digital experience platforms.
Core Business Areas
- Application Development and Deployment: Provides tools and platforms for building and deploying business applications, including low-code development platforms and high-productivity languages.
- Data Connectivity and Integration: Offers solutions for connecting, integrating, and managing data across various sources and applications.
- Digital Experience: Provides platforms and tools for creating and managing digital experiences, including content management systems and customer journey orchestration.
Leadership and Structure
Yogesh Gupta is the CEO. The company operates with a functional organizational structure, with departments focused on product development, sales, marketing, and customer success.
Top Products and Market Share
Key Offerings
- OpenEdge: A comprehensive application development platform for building and deploying business applications. Market share is difficult to ascertain precisely, but it's a significant contributor to Progress's revenue. Competitors include Oracle, Microsoft, and IBM's database and application development platforms.
- Chef: An automation platform for infrastructure and application management. Competitors include Puppet, Ansible (Red Hat), and SaltStack.
- DataDirect: A suite of data connectivity solutions for accessing and integrating data from various sources. Competitors include IBM, Informatica, and other data integration vendors.
- Sitefinity: A digital experience platform (DXP) for building and managing websites, portals, and mobile applications. Competitors include Adobe Experience Manager, Sitecore, and Optimizely.
Market Dynamics
Industry Overview
The software industry is characterized by rapid innovation, intense competition, and evolving customer needs. Key trends include cloud computing, digital transformation, and the increasing importance of data and analytics.
Positioning
Progress Software Corporation is positioned as a provider of solutions for application development, data connectivity, and digital experience. Its competitive advantage lies in its established customer base, its expertise in specific vertical markets, and its focus on providing solutions that address complex business challenges.
Total Addressable Market (TAM)
The TAM for application development, data connectivity, and digital experience solutions is estimated to be in the tens of billions of dollars. Progress is positioned to capture a portion of this market through its targeted solutions and established customer base.
Upturn SWOT Analysis
Strengths
- Established customer base
- Strong product portfolio
- Expertise in specific vertical markets
- Recurring revenue model
Weaknesses
- Smaller scale compared to larger competitors
- Reliance on acquisitions for growth
- Integration challenges following acquisitions
- Complexity of product offerings
Opportunities
- Expanding into new markets
- Developing new solutions for emerging technologies
- Leveraging partnerships to expand reach
- Increasing demand for digital transformation solutions
Threats
- Intense competition from larger players
- Rapid technological change
- Economic downturns
- Security threats
Competitors and Market Share
Key Competitors
- ORCL
- MSFT
- IBM
- ADBE
- PTC
Competitive Landscape
Progress competes with larger, well-established companies. Its advantage is specialization and established products in specific verticals. Disadvantages include less brand recognition and a smaller R&D budget compared to competitors.
Major Acquisitions
MarkLogic
- Year: 2022
- Acquisition Price (USD millions): 355
- Strategic Rationale: Expanded data management capabilities and access to new markets.
Growth Trajectory and Initiatives
Historical Growth: Progress has historically grown through a combination of organic growth and acquisitions. The growth rate has varied depending on market conditions and acquisition activity.
Future Projections: Future projections require access to real-time analyst estimates and financial modeling data sources. This is a placeholder.
Recent Initiatives: Recent initiatives include strategic acquisitions to expand product offerings and market reach, as well as investments in research and development to develop new solutions for emerging technologies.
Summary
Progress Software Corporation is a mid-sized player in a competitive market, with a diverse product portfolio. It has a reliable revenue stream, and it strategically expands its market reach through acquisitions. The company should focus on simplifying its products and integrating new acquisitions seamlessly to boost growth, whilst fending off competition from bigger players. Future success depends on the company's ability to adapt and execute well in a rapidly changing tech environment.
Similar Companies
ADBE
Adobe Systems Incorporated
ADBE
Adobe Systems Incorporated
CRM
Salesforce.com Inc
CRM
Salesforce.com Inc
IBM
International Business Machines
IBM
International Business Machines
MSFT
Microsoft Corporation
MSFT
Microsoft Corporation
ORCL
Oracle Corporation
ORCL
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PTC
PTC Inc
PTC
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SAP
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SAP
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Sources and Disclaimers
Data Sources:
- Yahoo Finance
- Company SEC Filings
- Industry Reports
- Gartner
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market data and analyst estimates are subject to change. Financial metrics based on the latest publicly available information.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Progress Software Corporation
Exchange NASDAQ | Headquaters Burlington, MA, United States | ||
IPO Launch date 1991-07-30 | CEO, President & Director Mr. Yogesh K. Gupta | ||
Sector Technology | Industry Software - Infrastructure | Full time employees 2815 | Website https://www.progress.com |
Full time employees 2815 | Website https://www.progress.com | ||
Progress Software Corporation develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools that consists of software development tooling collection, including .NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product offering cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; OpenEdge, an application development platform for running business-critical applications; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation, delivering intelligent, AI-powered, ROI-driving tools for marketers, and an extensible platform for developers; and WhatsUp Gold, a network infrastructure monitoring software providing visibility of various network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment
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