PRGS Stock Analysis
PR
Neutral
Based on Eyestock quantitative analysis, PRGS`s fundamental data and valuation indicate an investment grade of Neutral at the current time.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Overvalued
Progress Software Corp. engages in the provision of products that develop and deploy mission-critical business applications. The company is headquartered in Burlington, Massachusetts and currently employs 2,071 full-time employees. The company operates in North America and Latin America (the Americas); Europe, the Middle East and Africa (EMEA) and Asia and Australia (Asia Pacific). Its products include OpenEdge, Chef, Developer Tools, Kemp LoadMaster, MOVEit, DataDirect, Sitefinity, WhatsUp Gold, Flowmon, and Corticon. OpenEdge is an application development platform for running business-critical applications. Chef includes DevOps/DevSecOps automation software to achieve secure, continuous delivery of critical applications and infrastructure. Kemp LoadMaster is an application delivery and security product offering cloud-native, virtual and hardware load balancers. MOVEit is a managed file transfer software for managing and controlling the movement of sensitive files, securing them both at-rest and in-transit. Flowmon is a network security and visibility product with automated response across hybrid cloud ecosystems.