Elon's New Tech Bigger Than "DOGE Dividends"?

Musk's new tech-unrelated to DOGE-could hand Americans an extra $30,000 this year and beyond. While rumors swirl about a $5,000 "DOGE dividend," this breakthrough could be far more profitable. Discover the tiny tech driving the next big market move.

Progress Software Corp
NASDAQ:PRGS
$60
Open 59.71 Prev Close 63.84
High 60.09 Low 59.07
Volume 4,921 Volume (Avg) 598
52 Week High 70.56 52 Week Low 50.68
Market Cap 2.6B PE Ratio 46.56

General

NameProgress Software Corp
TickerPRGS
ExchangeNASDAQ
SectorTechnology
IndustrySoftware - Infrastructure
CurrencyUSD
CountryUSA
Fiscal Year EndNovember
Full Time Employees2,815

About Progress Software Corp

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

Highlights

Analyst Target72.43
Market Cap2,581,600,000
PE Ratio46.56
PEG Ratio2.54
EBITDA275,092,000

Valuation

Trailing PE50.27
Forward PE12.67
Price/Sales (Trailing 12 Mt.)3.40
Price/Book (Most Recent Quarter)6.37

Technicals

Beta0.67
52 Week High70.56
52 Week Low50.68
50 Day Average-2.93%
200 Day Average-2.61%

Dividend

Progress Software Corp pays out a dividend of $0.17 per share, with a dividend yield of 0.29%.

PRGS's last dividend payment was made to shareholders on September 16, 2024.

They pay out 0.00% of their earnings out as a dividend.

Recent Dividends

Sep 16, 2024$0.18
Jun 17, 2024$0.18
Mar 15, 2024$0.18
Dec 15, 2023$0.18
Sep 15, 2023$0.18
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