Progress Software Corporation is a provider of infrastructure software. Co. provides software that enables organizations to develop and deploy their applications, as well as manage their data platforms, cloud and information technology infrastructure. Its global professional services organization delivers business solutions for customers through a combination of products, consulting and education. Co.'s consulting organization offers project management, implementation services, custom software development, programming and other services. More details about Progress Software at:
http://www.progress.com.
ETFs holding PRGS »
Should Progress Software shares be counted among the
Top 10 Cheap Technology Stocks? To start, we see that the recent trading price for PRGS stock is $34.29 (as of 3/13/2026). The most recent quarter's (MRQ) earnings result, annualized, was $6.04/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, Progress Software produced $5.72/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $5.8/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 5.9 for the TTM Median method, 5.7 for price to earnings using MRQ annualized, and 6.0 for current price/TTM earnings. Based on PRGS's history, that recent TTM PE is low relative to the historical average, with the recent PE 60.0% lower than the average (TTM method) of 15.0.
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