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Backlog of orders refers to the quantity and combined monetary value of the products which have been ordered by customers but which have not shipped yet.
Progress Software's Order Backlog for Technology (USD Mil) for the quarter that ended in Nov. 2018 was 149.45
, which lower from pervious quarter (Aug. 2018)'s result by 5.72%.
Progress Software's Order Backlog for Technology (USD Mil) for the annual that ended in Nov. 2018 was 149.45
, which lower from pervious year (Nov. 2017)'s result by 6.27%.
The historical rank and industry rank for Progress Software's Order Backlog for Technology (USD Mil) or its related term are showing as below:
PRGS's Order Backlog for Technology (USD Mil) is not ranked *
in the Software industry.
Industry Median: * Ranked among companies with meaningful Order Backlog for Technology (USD Mil) only.
Progress Software (NAS:PRGS) Order Backlog for Technology (USD Mil) Explanation
The term backlog refers to a buildup of work that has not yet been completed by the company. The presence of a backlog can have positive or negative implications. For example, a rising backlog of product orders might indicate rising sales. On the other hand, companies generally want to avoid having a backlog as it could cause (or be a result of) increasing inefficiency in the production process. Likewise, a falling backlog might be a sign of lagging demand but could also be a result of improving production efficiency. Naturally, unexpected backlogs can compromise forecasts and production schedules.
Progress Software Order Backlog for Technology (USD Mil) Related Terms
Progress Software Order Backlog for Technology (USD Mil) Historical Data
* Premium members only.
The historical data trend for Progress Software's Order Backlog for Technology (USD Mil) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Progress Software Order Backlog for Technology (USD Mil) Chart
PRGS vs PICS, NN, APPN: Order Backlog for Technology (USD Mil) Comparison
For the Software - Infrastructure subindustry, Progress Software's Order Backlog for Technology (USD Mil), along with its competitors' market caps and Order Backlog for Technology (USD Mil) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
What does a Order Backlog for Technology (USD Mil) of 149.45 mean?
Progress Software (PRGS) has a Order Backlog for Technology (USD Mil) of 149.45 as of Nov. 2018. Backlog of orders refers to the quantity and combined monetary value of the products which have been ordered by customers but which have not shipped yet. View historical data on Progress Software and its competitors.
Is Progress Software's Order Backlog for Technology (USD Mil) too high?
Progress Software's current Order Backlog for Technology (USD Mil) is 149.45. Overall, Progress Software has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Progress Software's Order Backlog for Technology (USD Mil) compare to PICS and NN?
Progress Software's Order Backlog for Technology (USD Mil) of 149.45 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Order Backlog for Technology (USD Mil) for a Software company?
A good Order Backlog for Technology (USD Mil) depends on the Software industry context. However, Order Backlog for Technology (USD Mil) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Order Backlog for Technology (USD Mil) mean?
A high Order Backlog for Technology (USD Mil) can signal that a stock is expensive relative to its fundamentals. Backlog of orders refers to the quantity and combined monetary value of the products which have been ordered by customers but which have not shipped yet. View historical data on Progress Software and its competitors. Progress Software's current Order Backlog for Technology (USD Mil) is 149.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progress Software stock overvalued right now?
Based on GuruFocus' analysis, Progress Software (PRGS) is currently considered Possible Value Trap. The stock's GF Value™ is $78.84, compared to a current price of $42.61 — trading 46% below its estimated fair value. The current Order Backlog for Technology (USD Mil) is 149.45. Progress Software's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Order Backlog for Technology (USD Mil) calculated?
Order Backlog for Technology (USD Mil) is calculated from a company's financial statements. For Progress Software (PRGS), the current Order Backlog for Technology (USD Mil) is 149.45 as of Nov. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Progress Software (PRGS) Overvalued in 2026?
Based on GuruFocus' analysis, Progress Software stock appears to be undervalued.
The current stock price of $42.61 is trading 46% below its estimated GF Value™ of $78.84.
GuruFocus considers Progress Software to be Possible Value Trap.
Key valuation signals for PRGS:
Order Backlog for Technology (USD Mil): 149.45
GF Value™: $78.84 vs. price of $42.61 (46% below fair value)
No single metric tells the full story. See the PRGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Progress Software Corp provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.
79GF Score
Get the complete analysis for PRGS
Order Backlog for Technology (USD Mil) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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