Develops OpenEdge, a platform for building multi-language applications. Offers developer tools for creating user interfaces across various platforms. Now — the numbers.
That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.
This is an established company with proven profits.
Average growth of 16% a year over the last 4 years. Every year shown ended in profit.
The gap is $756.2M. In times of high interest rates, a gap like that can squeeze a company.
The market pays 22.4× for every dollar of annual profit — around what a business like this usually costs.
Against companies in its own sector, it looks cheaper than 85% of them.
Analysts' average target sits 32% above today's price.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Profit power and business quality lead the class.
Clearly below the class average.
The price looks reasonable next to what the company earns.
Sales are growing strongly for its sector.
Clearly above the class average — a step short of the very top.
Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.
The stock trades 43% below its peak. The market has trimmed its expectations for the company.
Over the last 4 years, sales grew about 16% a year on average.
It met or beat analyst expectations in 8 of the last 8 quarters — consistency is a promise kept.
The balance sheet offers little cushion against a rough stretch. Report-card grade: 24/100.
On our five-subject report card, PRGS sits near the top of the class. A high grade doesn’t mean “guaranteed win” — it means “the evidence looks strong for now.”
The takeaway: PRGS is an established business that has proven its profits for years. The real debate here isn’t the price — it’s whether the company can keep up this pace.