Progress Software Corp. (PRGS) to Release Quarterly Earnings on Thursday
Progress Software Corp. (NASDAQ:PRGS) is scheduled to be issuing its Q4 quarterly earnings data after the market closes on Thursday, January 2nd.
Progress Software Corp. (NASDAQ:PRGS) opened at 25.83 on Wednesday. Progress Software Corp. has a 1-year low of $20.41 and a 1-year high of $26.95. The stock’s 50-day moving average is $25.78 and its 200-day moving average is $25.25. The company has a market cap of $1.341 billion and a P/E ratio of 15.67.
Several analysts have recently commented on the stock. Analysts at JMP Securities downgraded shares of Progress Software Corp. from an “outperform” rating to a “market perform” rating in a research note to investors on Thursday, December 12th. They now have a $28.00 price target on the stock. Analysts at Zacks upgraded shares of Progress Software Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Friday, November 22nd. They now have a $28.70 price target on the stock. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $28.14.
Progress Software Corporation is a global software company. The Company’s portfolio of products provides solutions for enterprise integration, data interoperability and application development, including software-as-a-service (NASDAQ:PRGS) enablement and delivery in the Cloud.
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