Page 2 - Progress Software Stock News Today

Progress Software (NASDAQ:PRGS – Free Report) updated its FY 2023 earnings guidance on Thursday. The company provided earnings per share guidance of $4.16-$4.24 for the period, compared to the consensus earnings per share estimate of $4.14. The company issued revenue guidance of $690.00 million-$698.00 million, compared to the consensus revenue estimate of $683.76 million. Progress […]

Progress Software (NASDAQ:PRGS – Free Report) issued its earnings results on Thursday. The software maker reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.16, MarketWatch Earnings reports. The business had revenue of $179.23 million during the quarter, compared to the consensus estimate of $169.78 million. Progress Software had […]

FCF Advisors LLC grew its holdings in shares of Progress Software Co. (NASDAQ:PRGS – Free Report) by 14.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,234 shares of the software maker’s stock after purchasing an additional 1,980 shares during […]

StockNews.com upgraded shares of Progress Software (NASDAQ:PRGS – Get Rating) from a buy rating to a strong-buy rating in a research note released on Saturday. A number of other brokerages have also weighed in on PRGS. Guggenheim reiterated a buy rating and set a $64.00 target price on shares of Progress Software in a research […]

Progress Software Co. (NASDAQ:PRGS – Get Rating) has received an average rating of “Moderate Buy” from the seven research firms that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective among […]

StockNews.com began coverage on shares of Progress Software (NASDAQ:PRGS – Get Rating) in a research report sent to investors on Thursday. The brokerage issued a buy rating on the software maker’s stock. A number of other research analysts also recently weighed in on PRGS. JPMorgan Chase & Co. raised their price target on Progress Software […]

StockNews.com began coverage on shares of Progress Software (NASDAQ:PRGS – Get Rating) in a report released on Thursday. The firm set a “buy” rating on the software maker’s stock. A number of other equities analysts have also weighed in on PRGS. Guggenheim reaffirmed a “buy” rating and issued a $64.00 target price on shares of […]

Great Lakes Advisors LLC cut its holdings in Progress Software Co. (NASDAQ:PRGS – Get Rating) by 18.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,294 shares of the software maker’s stock after selling 8,457 shares during the […]

Progress Software Co. (NASDAQ:PRGS – Get Rating) Director Charles Francis Kane sold 20,000 shares of the company’s stock in a transaction on Wednesday, April 5th. The shares were sold at an average price of $54.34, for a total value of $1,086,800.00. Following the completion of the transaction, the director now directly owns 68,175 shares in […]

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 […]