Progress Stock Story

PRGS

Stock

USD 51.03 0.82 1.63%

Macroaxis Story

Progress Software Calculated Tax Rate is relatively stable at the moment as compared to the past year. Progress Software reported last year Calculated Tax Rate of 20.60. As of 06/28/2022, PPandE Turnover is likely to grow to 23.37, while Average Assets are likely to drop slightly above 667.6 M. Here we are goint to sum up Progress Software. What exactly are Progress Software shareholders getting in July? In this post, I will also go over some essential variables affecting Progress Software's products, and show how it may impact Progress Software outlook for active traders this year.

Published over a month ago

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Is Progress Software (NASDAQ:PRGS) undervalued?

Progress Software has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 1.149, which implies a somewhat significant risk relative to the market. Let's try to break down what Progress's beta means in this case. Progress Software returns are very sensitive to returns on the market. As the market goes up or down, Progress Software is expected to follow. Although it is important to respect Progress Software current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Progress Software technical indicators, you can presently evaluate if the expected return of 0.13% will be sustainable into the future. Progress Software right now holds a risk of 2.3%. Please check Progress Software value at risk, as well as the relationship between the skewness and day median price to decide if Progress Software will be following its historical price patterns.

And What about dividends?

A dividend is the distribution of a portion of Progress Software earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Progress Software dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Progress one year expected dividend income is about $0.52 per share.

As of 08/16/2022, Dividend Yield is likely to drop to 0.003579.

	Last Reported	Projected for 2022
Dividend Yield	0.0036	0.003579
Dividends per Basic Common Share	0.12	0.12

Investing in dividend-paying stocks, such as Progress Software is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Progress Software must own a stock before its ex-dividend date to receive its next dividend.

This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Progress Software. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is Progress Software's Liquidity

Progress Software financial leverage refers to using borrowed capital as a funding source to finance Progress Software ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Progress Software financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Progress Software's total debt and its cash.

How does Progress utilize its cash?

To perform a cash flow analysis of Progress Software, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Progress Software is receiving and how much cash it distributes out in a given period. The Progress Software cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Progress Software Net Cash Flow from Operations is relatively stable at the moment as compared to the past year. Progress Software reported last year Net Cash Flow from Operations of 160.68 Million

What is driving Progress Software Investor Appetite?

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Progress Software has an asset utilization ratio of 73.52 percent. This connotes that the company is making $0.74 for each dollar of assets. An increasing asset utilization means that Progress Software is more efficient with each dollar of assets it utilizes for everyday operations.

	2019	2020	2021	2022 (projected)
Long Term Debt to Equity	1.05	1.3	1.17	1.26
Interest Coverage	12.42	6.03	6.93	7.11

Long Term Debt to Equity Interest Coverage

Will Progress Software latest fall continue?

Progress Software latest maximum drawdown advances over 10.0. Progress Software currently demonstrates below-average downside deviation. It has Information Ratio of 0.16 and Jensen Alpha of 0.38. However, we advise investors to further question Progress Software expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Progress Software's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Progress Software's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Progress Software Implied Volatility

Progress Software's implied volatility exposes the market's sentiment of Progress Software stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Progress Software's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Progress Software stock will not fluctuate a lot when Progress Software's options are near their expiration.

The Current Takeaway on Progress Software Investment

While some firms under the software—application industry are still a bit expensive, Progress Software may offer a potential longer-term growth to retail investors. With an optimistic outlook on your 90 days horizon, it may be a good time to take in new shares of Progress or increase your existing holdings in the Stock as it seems the potential growth has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Progress Software.

Editorial Staff

Gabriel Shpitalnik is a Member of Macroaxis Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies. View Profile

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Progress Software. Please refer to our Terms of Use for any information regarding our disclosure principles.

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