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Progress Software Corp

NEW
NAS:PRGS (USA)   Ordinary Shares
$ 33.12 +3.325 (+11.15%) 10:08 PM EST
16.98
P/B:
2.79
Market Cap:
$ 1.39B
Enterprise V:
$ 2.66B
Volume:
3.13M
Avg Vol (2M):
725.69K
Trade In:
Volume:
3.13M
Avg Vol (2M):
725.69K

Progress Software Corp’s share price is $33.12. Its GF Value is $78.7. Based on the relationship between the current stock price and the GF Value, GuruFocus believes Progress Software Corp stock is .

The GF Value represents the current intrinsic value of a stock derived from our proprietary algorithm. It is based primarily on the historical multiples of where the stocks have been traded and the future growth of the business, adjusted for the past returns and growth. The GF Value has been verified by backtesting and daily updated model portfolios.

GF Value Growth:

In addition to considering the current valuation, the growth potential of a company's value is equally important. Companies with faster growth rates tend to increase their value more quickly. Therefore, it's essential to look at the Price-to-Future GF Value ratios as well. The results are shown below:

Price: $33.12 GF Value Price/GF Value
Current $78.7 0.42
Next FY1 End $79.79 0.42
Next 12 Month $80.3 0.41
Next FY2 End $80.67 0.41
Correlation Analysis
Summary:

GuruFocus performed a correlation analysis comparing Progress Software Corp's stock price with key financial metrics: revenue per share, book value per share, EPS without NRI, and operating cash flow per share.

The findings reveal that Progress Software Corp's stock price shows no significant correlation with any of these four metrics.

Historical Trends of Key Valuation Ratios
GF Value of Related Companies