Progress Software Trading News Today

Progress Software Co. (NASDAQ:PRGS – Get Free Report) announced a quarterly dividend on Tuesday, March 19th, Zacks reports. Stockholders of record on Monday, June 3rd will be given a dividend of 0.175 per share by the software maker on Monday, June 17th. This represents a $0.70 annualized dividend and a dividend yield of 1.38%. The […]

Oppenheimer reiterated their outperform rating on shares of Progress Software (NASDAQ:PRGS – Free Report) in a report issued on Wednesday morning, Benzinga reports. They currently have a $66.00 price objective on the software maker’s stock. Separately, Wedbush boosted their price target on Progress Software from $65.00 to $67.00 and gave the stock an outperform rating […]

Progress Software (NASDAQ:PRGS – Get Free Report) announced its earnings results on Tuesday. The software maker reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.11, Briefing.com reports. The company had revenue of $184.69 million for the quarter, compared to the consensus estimate of $181.91 million. Progress Software […]

Progress Software Co. (NASDAQ:PRGS – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the five ratings firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price […]

QRG Capital Management Inc. acquired a new stake in shares of Progress Software Co. (NASDAQ:PRGS – Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 8,737 shares of the software maker’s stock, valued at approximately $459,000. A number of other hedge funds […]

Progress Software (NASDAQ:PRGS – Get Free Report) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $1.12-1.16 for the period, compared to the consensus estimate of $1.15. The company issued revenue guidance of $180-184 million, compared to the consensus revenue estimate of $178.20 million. Progress Software also […]

Progress Software (NASDAQ:PRGS – Get Free Report) posted its earnings results on Tuesday. The software maker reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.11, MarketWatch Earnings reports. The firm had revenue of $177.52 million during the quarter, compared to analysts’ expectations of $174.12 million. Progress Software had a net […]

Progress Software Co. (NASDAQ:PRGS – Get Free Report) announced a quarterly dividend on Wednesday, June 21st, RTT News reports. Stockholders of record on Friday, September 1st will be given a dividend of 0.175 per share by the software maker on Friday, September 15th. This represents a $0.70 dividend on an annualized basis and a dividend […]

StockNews.com downgraded shares of Progress Software (NASDAQ:PRGS – Free Report) from a strong-buy rating to a buy rating in a research report sent to investors on Tuesday morning. Several other brokerages also recently issued reports on PRGS. Citigroup raised their price target on Progress Software from $54.00 to $57.00 and gave the stock a neutral […]

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