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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 […]
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 […]
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 […]
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 […]
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 […]