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Is Progress Software Corp (PRGS) Stock a Smart Investment Friday?

Friday, October 01, 2021 01:55 PM | InvestorsObserver Analysts

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Is Progress Software Corp (PRGS) Stock a Smart Investment Friday?

Progress Software Corp (PRGS) stock is up 33.64% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. InvestorsObserver’s proprietary ranking system, gives PRGS stock a score of 56 out of a possible 100. That rank is primarily influenced by a long-term technical score of 84. PRGS's rank also includes a short-term technical score of 72. The fundamental score for PRGS is 11. In addition to the average rating from Wall Street analysts, PRGS stock has a mean target price of $56.40. This means analysts expect the stock to add 12.42% over the next 12 months.

Overall Score - 56
PRGS has an Overall Score of 56. Find out what this means to you and get the rest of the rankings on PRGS!

What's Happening with PRGS Stock Today

Progress Software Corp (PRGS) stock has gained 1.99% while the S&P 500 is up 0.84% as of 1:52 PM on Friday, Oct 1. PRGS is up $0.98 from the previous closing price of $49.19 on volume of 139,792 shares. Over the past year the S&P 500 has gained 28.48% while PRGS is up 33.64%. PRGS earned $1.82 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 27.61. Click Here to get the full Stock Report for Progress Software Corp stock.

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