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April 2, 2023
Progress Software (NASDAQ:PRGS – Get Rating) had its price objective upped by JPMorgan Chase & Co. from $57.00 to $65.00 in a research report report published on Wednesday, Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the software maker’s stock. PRGS has been the subject of several other research reports. Oppenheimer […]
April 2, 2023
Progress Software (NASDAQ:PRGS – Get Rating) had its price objective increased by Oppenheimer from $53.00 to $63.00 in a research report report published on Wednesday, The Fly reports. Oppenheimer currently has an outperform rating on the software maker’s stock. A number of other research analysts have also recently commented on PRGS. Guggenheim increased their price […]
April 1, 2023
Shares of Progress Software Co. (NASDAQ:PRGS – Get Rating) have been assigned a consensus recommendation of “Moderate Buy” from the seven brokerages that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price […]
April 1, 2023
Miracle Mile Advisors LLC acquired a new stake in shares of Progress Software Co. (NASDAQ:PRGS – Get Rating) during the 4th quarter, Holdings Channel reports. The fund acquired 4,708 shares of the software maker’s stock, valued at approximately $238,000. A number of other hedge funds have also recently bought and sold shares of PRGS. Ronald […]
March 31, 2023
Progress Software (NASDAQ:PRGS – Get Rating) was downgraded by investment analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a note issued to investors on Thursday. Other analysts have also recently issued research reports about the company. JPMorgan Chase & Co. lifted their price target on Progress Software from $57.00 to $65.00 […]
March 31, 2023
Progress Software Co. (NASDAQ:PRGS – Get Rating)’s stock price fell 6.1% during trading on Wednesday . The stock traded as low as $54.67 and last traded at $55.08. 107,374 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 322,748 shares. The stock had previously closed at $58.65. Wall […]
March 30, 2023
Progress Software (NASDAQ:PRGS – Get Rating) issued its earnings results on Tuesday. The software maker reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.14, Briefing.com reports. Progress Software had a net margin of 15.79% and a return on equity of 41.04%. The business had revenue of $165.61 […]
March 30, 2023
Progress Software (NASDAQ:PRGS – Get Rating) updated its FY23 earnings guidance on Tuesday. The company provided earnings per share guidance of $4.09-4.17 for the period, compared to the consensus earnings per share estimate of $4.14. The company issued revenue guidance of $680-688 million, compared to the consensus revenue estimate of $679.79 million. Progress Software also […]
March 30, 2023
Progress Software (NASDAQ:PRGS – Get Rating) announced its earnings results on Tuesday. The software maker reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.14, Briefing.com reports. Progress Software had a return on equity of 41.04% and a net margin of 15.79%. The firm had revenue of $165.61 million […]
March 30, 2023
Progress Software (NASDAQ:PRGS – Get Rating) updated its second quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $0.88-0.92 for the period, compared to the consensus earnings per share estimate of $1.00. The company issued revenue guidance of $168-172 million, compared to the consensus revenue estimate of $169.97 million. Progress Software […]