Major Rollout of Social Security X?
Before leaving D.C., Elon Musk may have greenlit "Social Security X"-a digital overhaul backed by Trump. Set to launch as soon as July 23, this shift could impact 72M Americans-and send 3 tiny tech stocks soaring.
About Progress Software Corp
Progress Software Corporation develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools that consists of 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 offering 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 for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; OpenEdge, an application development platform for running business-critical applications; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation, delivering intelligent, AI-powered, ROI-driving tools for marketers, and an extensible platform for developers; and WhatsUp Gold, a network infrastructure monitoring software providing visibility of various network devices, servers, virtual machines, and cloud and wireless environments 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
General
| Name | Progress Software Corp |
| Ticker | PRGS |
| Exchange | NASDAQ |
| Sector | Technology |
| Industry | Software - Infrastructure |
| Currency | USD |
| Country | USA |
| Fiscal Year End | November |
| Full Time Employees | 2,815 |
Highlights
| Analyst Target | 71.67 |
| Market Cap | 2,046,400,000 |
| PE Ratio | 36.34 |
| PEG Ratio | 1.88 |
| EBITDA | 297,836,992 |
Share Stats
| Shares Outstanding | 43,100,000 |
| Shares Float | 42,290,000 |
| Shares Short | 5,710,000 |
| Insider Holdings | 173% |
| Institution Holdings | 118.95% |
Highlights
| Analyst Target | 71.67 |
| Market Cap | 2,046,400,000 |
| PE Ratio | 36.34 |
| PEG Ratio | 1.88 |
| EBITDA | 297,836,992 |
Valuation
| Trailing PE | 36.52 |
| Forward PE | 9.40 |
| Price/Sales (Trailing 12 Mt.) | 2.35 |
| Price/Book (Most Recent Quarter) | 4.54 |
Dividend
Progress Software Corp pays out a dividend of $0.17 per share, with a dividend yield of 0.37%.
PRGS's last dividend payment was made to shareholders on September 16, 2024.
They pay out 0.00% of their earnings out as a dividend.
Recent Dividends
| Sep 16, 2024 | $0.18 |
| Jun 17, 2024 | $0.18 |
| Mar 15, 2024 | $0.18 |
| Dec 15, 2023 | $0.18 |
| Sep 15, 2023 | $0.18 |
Elizabeth Warren Has The Receipts: 'Bribery In Plain Sight' Funding Trump's Library
Several companies have donated to President Donald Trump's future presidential library. Senator Elizabeth Warren calls this potential "bribery in plain sight."
Trump's 'Big, Beautiful Bill' Offers Seniors A $6,000 'Bonus' Tax Deduction: Here's How You Qualify For The Benefit
Trump's Big, Beautiful Bill offers a $6,000 senior bonus deduction from 2025-28. Couples can save $12,000. Retirees with incomes up to $75,000 benefit most.
President Trump's "Pure Genius" Crypto Plan - Ad
First came "Make America Great Again" (MAGA)... Then came "Make America Healthy Again" (MAHA)... Now comes President Trump's boldest initiative yet. Jeff Brown calls it "Project MAFA." It's a revolutionary crypto plan that could flood a tiny corner of the market with up to $3.7 trillion. Already, it's helping small plays jump as high as 300%, 318%, 520%, and even 600%. For a few days only, Jeff's sharing everything - including how to get a huge discount on his research.
Trump's 'Big, Beautiful Bill' Hands $5 Billion Win To Big Pharma: Report
Trump's $3.3 trillion domestic agenda bill, passed by the House on Thursday, includes a significant victory for pharmaceutical companies .
Semiconductor Stocks React To Key Policies And Earnings
Semiconductor chip companies, including Nvidia, AMD, Broadcom, Marvell Tech, and Super Micro had a volatile week due to trade policies and earnings.
Is Elon's Empire Crumbling? - Ad
Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after July 23rd, it may be too late.
Jim Cramer Made 'FAANG' Popular, Now He Says There's A New Acronym To Describe These Retail Favorite Stocks — 'PARC'
Renowned TV host Jim Cramer is stirring chatter on X with another buzzworthy "meme stock" acronym, aimed at a new group of retail-favorite stocks that are defying gravity.
Funders commit $1B toward developing AI tools for frontline workers
A coalition of funders, including the and Ballmer Group, will spend $1 billion over 15 years to help develop tools for public defenders, parole officers, social workers and others who help Americans in precarious situations.
The Tesla Shock Nobody Sees Coming - Ad
While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.
Dave Ramsey Values A Quality Marriage And Relationship Over Money, He Once Schooled A Caller Who Hid Money From Wife That 'Spends Too Much'
Dave Ramsey stresses the importance of honesty in marriage over financial wealth, calling out a caller for hiding money from his wife due to cultural differences.
Rigetti Computing, Netflix, Johnson & Johnson, United Airlines And ASML: Why These 5 Stocks Are On Investors' Radars Today
U.S. stocks moved higher today, with the Dow Jones gaining more than 200 points, or 0.5%, to close at 44,254.78.
Tariff-Driven Cash Payouts, Right Off Your Smart Phone? - Ad
The U.S. Treasury has raked in $15B from Trump's tariffs - and now, thanks to Title 15, you could pocket $100-$1,000 upfront payouts yourself. No stocks needed. Just use your phone and my #1 income strategy to start collecting now.
Elon Musk, Donald Trump Inspired These 'Squid Game' Characters: 'The Ones Running Everything… The Ones In Control'
Squid Game VIPs were mostly behind the scenes previously, but take on a larger role in the show's third season.
Trump Hit With Backlash Over Use of Antisemitic Slur at Iowa Rally
President Trump faced criticism from Jewish leaders and lawmakers on Friday after using a term historically associated with antisemitic stereotypes.
Elon's Greatest Invention... Hidden in South Memphis? - Ad
In South Memphis, I uncovered what could be Elon Musk's biggest invention yet. It's so secretive, rivals are flying drones to spy on it. If you're serious about investing in AI, now's the time to see what's really going on inside those walls.
Palantir, Anduril, Erebor: Peter Thiel, The Lord Of The Finance Rings
Palantir, Anduril and Erebor borrow their names from Tolkien's "The Lord of the Rings."
Citi Sees 30% Upside In Circle Stock, Backs USDC Issuer As Key Player In Stablecoin Market
Circle Internet Group Inc. (NYSE:CRCL), the issuer behind USDC (CRYPTO: USDC), has been a standout in the stock market this year, and the latest endorsement from Citigroup Inc. (NYSE:
FDA Submission Expected This Summer - Invest Before It Happens - Ad
This company is making heart disease easier to detect with AI. Their tech has officially been designated a "Breakthrough" by the FDA. You now have an opportunity to get in at a potential inflection point.
After years of tough rules on liquids and footwear, US air travel may be on the cusp of a new era
NEW YORK (AP) — When limits on liquids were introduced at TSA checkpoints across the country in 2006, bins overflowed with bottled water, toothpaste, shaving cream and so much more. Nearly two decades later, travelers are much more accustomed to the “3-1-1” regulations" governing the size of the liquids they're flying with, but scenes of passengers guzzling a beverage before putting their bags through the screening machines are still common.
House sends bill regulating stablecoins, a type of cryptocurrency, to Trump
WASHINGTON (AP) — The House has passed two bills intended to boost the legitimacy of the cryptocurrency industry with new regulations as President has pushed to make the U.S. the “ of the world.”
Forget Nvidia: Try This Secret Instead - Ad
Wall Street icon Larry Benedict has discovered a unique way to crush Nvidia. All you have to do is change one letter in Nvidia's ticker symbol, and you could get two- or three-times bigger gains. Same thing with Tesla... Apple... and more. Sounds impossible, but it's true.
Union Pacific, Norfolk Southern discuss merger to create transcontinental railroad, AP source says
OMAHA, Neb. (AP) — Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the East and West Coasts.
Feihe Struggles Amid China's Dairy Oversupply And Falling Birth Rates
Declining birth rates and China's slowing economy are taking a toll on the company and its peers as they grapple with oversupply and asset impairments on excess inventory
Back This Medical AI Tech - Ad
You don't often find healthcare tech company valued at $4M. HeartSciences is an exception. With $75M invested, including R&D, clinical trials, and product development, their patented AI software is approaching FDA submission, a potential major inflection point.
ProKidney Stock Shoots Up Over 8% After Hours After Staggering 515% Rally On Wednesday
ProKidney (NASDAQ: PROK) experienced a surge of 515% during Tuesday's trading session and gained additional 8.58% after-hours to $4.05 on positive Phase 2 trial results, with trading volume seeing a jump to 39.8 million shares from an average of 1.12 million.
PHOTO ESSAY: In rural Alaska, collecting driftwood saves time, money and brings jobs
GALENA, Alaska (AP) — As ice breaks on the Yukon River, Jake Pogrebinsky looks at the water from shore, searching for a large log floating downstream.
How to Hack a $1.3T Market - Ad
Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.
Trump's bid to claw back $9B in foreign aid and public broadcasting funds nears Senate vote
WASHINGTON (AP) — President Donald Trump's request to cancel about $9 billion in foreign aid and public broadcasting spending is nearing passage in the Senate, an action that would have a tiny impact on the nation's rising debt but could have major ramifications for future spending fights in Congress.
BitMine Stock Is Trading Higher Wednesday: What's Going On?
BitMine Immersion Technologies, Inc. (AMEX:BMNR) shares are trading higher Wednesday after a Schedule 13G filing revealed that FF Consumer Growth, a firm linked to billionaire investor Peter Thiel, has taken a stake in the company.
Major Rollout of Social Security X? - Ad
Before leaving D.C., Elon Musk may have greenlit "Social Security X"-a digital overhaul backed by Trump. Set to launch as soon as July 23, this shift could impact 72M Americans-and send 3 tiny tech stocks soaring.
Trump-Backed Crypto Bills Stalled Again In House Of Representatives, Marjorie Taylor Greene Holds Out On CBDC Ban: 'Will Not Vote For This'
House Republican leaders faced another setback Wednesday in their efforts to move key cryptocurrency bills, due to disagreements among GOP lawmakers.
ASML Rises 1.1% After Key Trading Signal
A significant trading signal occurred for ASML Holding stock as it demonstrated a power inflow at $817.45, after which ASML rose up to 1.1%.
President Trump's "Pure Genius" Crypto Plan - Ad
First came "Make America Great Again" (MAGA)... Then came "Make America Healthy Again" (MAHA)... Now comes President Trump's boldest initiative yet. Jeff Brown calls it "Project MAFA." It's a revolutionary crypto plan that could flood a tiny corner of the market with up to $3.7 trillion. Already, it's helping small plays jump as high as 300%, 318%, 520%, and even 600%. For a few days only, Jeff's sharing everything - including how to get a huge discount on his research.
Sam Altman Warns Users Not To Blindly Trust ChatGPT Despite Its Rising Fame, Says 'AI Hallucinates, It Should Be The Tech That You Don't Trust That Much'
Sam Altman, the CEO of OpenAI, has cautioned against the unreserved trust that users have been placing in the company's AI chatbot, ChatGPT, despite its increasing popularity.
US Credit Card Debt Hits $1.18 Trillion As Americans Downplay What They Owe
American credit card debt has surged to an astronomical $1.18 trillion, with a significant number of individuals reportedly concealing their financial predicaments.
Is Elon's Empire Crumbling? - Ad
Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after July 23rd, it may be too late.
Asian shares are mostly higher after Trump says he discussed firing Fed Chair Powell
BANGKOK (AP) — Asian shares were mostly higher Thursday while U.S. futures slipped after President Donald Trump rocked Wall Street by saying he had the head of the Federal Reserve, but was unlikely to do so.
Elon Musk Renews Demand for Jeffrey Epstein Files Release, Weeks After Alleging Trump Is Named in Them
Elon Musk has once again demanded the release of the unredacted Jeffrey Epstein files. This comes in the wake of his allegations against President Trump.
The Tesla Shock Nobody Sees Coming - Ad
While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.
What To Expect From Taiwan Semiconductor Q2 Performance?
Taiwan Semiconductor expects 52% profit jump in Q2 2025 due to high AI demand, but faces pressure from US tariffs and strong currency. TSM stock up 2.96%.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.