PRGS stock forecast
Our latest prediction for Progress Software Corp.'s stock price was made on the Oct. 1, 2020 when the stock price was at 37.54$.
In the short term (2weeks), PRGS's stock price should outperform the market by 0.39%. During that period the price should oscillate between -5.43% and +4.58%.
In the medium term (3months), PRGS's stock price should underperform the market by -2.45%. During that period the price should oscillate between -16.35% and +12.32%.Get email alerts
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About Progress Software Corp.
Progress Software Corp. engages in the provision of a platform, which develops and deploy mission-critical business applications. It operates through the following business segments: OpenEdge Business; Data Connectivity and Integration; and Application Development and Deployment. The OpenEdge Business segment provides product enhancements and marketing supports for the partners to sell more of its existing solutions to their customers. The Data Connectivity and Integration segment focuses on the growth of the data assets of the company, including its data integration components of the cloud offering. The Application Development and Deployment segment generates net new customers for the application development assets of the company. The company was founded by Joseph Wright Alsop, Clyde Kessel and Charles Arthur Ziering in 1981 and is headquartered in Bedford, MA.
At the moment the company generates 437M USD in revenues.
On its last earning announcement, the company reported a profit of 1.26$ per share.
The book value per share is 6.87$
Three months stock forecastOct. 1, 2020
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