Jefferies Initiates Coverage On Progress Software with Hold Rating, Announces Price Target of $52
Jefferies analyst Brent Thill initiates coverage on Progress Software (NASDAQ:PRGS) with a Hold rating and announces Price Target of $52.
$100 Invested In This Stock 20 Years Ago Would Be Worth $500 Today
Progress Software (NASDAQ:PRGS) has outperformed the market over the past 20 years by 1.0% on an annualized basis producing an average annual return of 9.03%. Currently, Progress Software has a market capitalization of $2.16 billion.
How Is The Market Feeling About Progress Software?
Progress Software's (NASDAQ:PRGS) short percent of float has fallen 3.76% since its last report. The company recently reported that it has 2.62 million shares sold short, which is 6.14% of all regular shares that are available for trading.
Progress Software Shares Slip After Q2 Results, Guides Q3 Below Consensus
Progress Software Corp (NYSE:PRGS) reported second-quarter revenue growth of 21% year-over-year to $148.7 million, +24% on a constant currency basis.…
Earnings Scheduled For June 28, 2022
Companies Reporting Before The Bell
• Jupai Hldgs (NYSE:JP) is projected to report earnings for its first quarter.
TD SYNNEX, Ceragon + 3 Stocks To Watch Heading Into Tuesday
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Progress Software Q1 EPS $0.97 Beats $0.85 Estimate, Sales $147.50M Beat $140.55M Estimate
Progress Software (NASDAQ:PRGS) reported quarterly earnings of $0.97 per share which beat the analyst consensus estimate of $0.85 by 14.12 percent. This is a 2.11 percent increase over earnings of $0.95 per share from
Earnings Scheduled For March 29, 2022
Companies Reporting Before The Bell
• 36KR Holdings (NASDAQ:KRKR) is projected to report quarterly loss at $0.02 per share on revenue of $15.62 million.
A Preview Of Progress Software’s Earnings
Progress Software (NASDAQ:PRGS) is set to give its latest quarterly earnings report on Tuesday, 2022-03-29. Here's what investors need to know before the announcement.
Analysts estimate that Progress Software will report an earnings per share (EPS) of $0.85.