PRGS: Progress Software Corporation - Summary | Jitta

Progress Software Corporation

NASDAQ:PRGS

Price
$27.17
Loss Chance
41.8%
6.15JITTA SCORE
87.44%Under Jitta Line
Jitta Ranking
30 / 243
332 / 4,226
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (51)
Recent Business Performance (49)
Financial Strength (65)
Return to Shareholders (67)
Competitive Advantage (78)
Jitta Signs
Revenue and EarningConsistent
Recent Business PerformanceEarning Growth Last Quarter (YoY)
Return on EquityConsistently High
Dividend PayoutEvery year
Share RepurchaseEvery Year
CapExVery Low
Interest Coverage RatioGood
SG&A to SalesDecreasing
Cash Conversion CycleLess than 60 days
Operating MarginDeclined
Key Stats
Jitta Score
Jitta Line
6.15
87.44%
4.34
209.69%
Systems Software
4.63
19.27%
7.29
57.82%
6.61
51.80%
COMPANY DESCRIPTION
Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.