Attractive stocks have exceptional fundamentals. In the case of Progress Software Corporation ( NASDAQ:PRGS ), there’s is a company with great financial health as well as a a strong history of performance. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Progress Software here .
Excellent balance sheet with solid track record
PRGS delivered a bottom-line expansion of 70% in the prior year, with its most recent earnings level surpassing its average level over the last five years. The strong earnings growth is reflected in impressive double-digit 20% return to shareholders, which is what investors like to see! PRGS is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This implies that PRGS manages its cash and cost levels well, which is a key determinant of the company’s health. PRGS appears to have made good use of debt, producing operating cash levels of 1.05x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
For Progress Software, I’ve put together three fundamental factors you should look at:
- Future Outlook : What are well-informed industry analysts predicting for PRGS’s future growth? Take a look at our free research report of analyst consensus for PRGS’s outlook.
- Valuation : What is PRGS worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether PRGS is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of PRGS? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.