China is Tightening Critical Metal Supply-Investors Wondering Who Will Step Up
This metal powers everything from munitions to batteries. But with China imposing export controls, the West is scrambling for supply. One tiny firm may control a key N. American site-and investors are watching closely.
| Open | 48.76 | Prev Close | 48.80 |
| High | 49.17 | Low | 47.56 |
| Volume | 1,651,700 | Volume (Avg) | 729 |
| 52 Week High | 70.56 | 52 Week Low | 47.56 |
| Market Cap | 2.1B | PE Ratio | 36.49 |
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 |
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
Highlights
| Analyst Target | 71.67 |
| Market Cap | 2,054,600,000 |
| PE Ratio | 36.49 |
| PEG Ratio | 1.93 |
| EBITDA | 297,836,992 |
Valuation
| Trailing PE | 37.54 |
| Forward PE | 9.62 |
| Price/Sales (Trailing 12 Mt.) | 2.42 |
| Price/Book (Most Recent Quarter) | 4.65 |
Technicals
| Beta | 0.72 |
| 52 Week High | 70.56 |
| 52 Week Low | 47.56 |
| 50 Day Average | -21.08% |
| 200 Day Average | -22.25% |
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 |
Trump keeps saying the GOP mega bill will eliminate taxes on Social Security. It does not
WASHINGTON (AP) — President keeps saying that Republicans' mega legislation will eliminate taxes on federal benefits.
Warren Buffett Skips Big Banks Like JPMorgan and Wells Fargo, Bets $459 Million On This One Asset
Warren Buffett has shifted his investment strategy, investing $459 million in Sirius XM after selling his stakes in Bank of America, JPMorgan Chase, and Wells Fargo.
Greatest Crypto Bull Market in History? - Ad
Right now, conditions are in place for a historic move we expect will be the greatest crypto bull market since Bitcoin emerged. According to one crypto expert (who began mining Bitcoin in his garage in 2013): "We are in the early stages of a crypto mania - the calm before the storm." But most Americans could be blindsided by what's about to happen.
Amazon extends Prime Day discounts to 4 days as retailers weigh tariff-related price increases
NEW YORK (AP) — Amazon is extending its and offering new membership perks to Generation Z shoppers amid and possibly some consumer boredom with an event marking its 11th year.
This Quantum Computing Stock Just Raised $1 Billion — And Analyst Says It's Only Getting Started
Quantum computing firm IonQ Inc. (NYSE: IONQ) saw a price target hike from Benchmark after the company successfully raised $1 billion through an equity offering at $55.49 per share, a notable 25% premium to the closing price last Thursday.
Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad
A high-grade copper-gold discovery in Quebec just delivered extremely high grade intercepts. Valuation? Just $31M. With copper breaking out, the timing here could be perfect. Get the symbol here.
Supreme Court OKs fee that subsidizes phone, internet services in schools, libraries and rural areas
WASHINGTON (AP) — on Friday upheld the fee that is added to phone bills to provide billions of dollars a year in in schools, libraries and rural areas.
Bitcoin, Ethereum, Dogecoin Mirror Tech Stocks Sell-Off As Trump's 'Big Beautiful Bill' Passes Senate: Analyst Spots 'Rare Warning' For BTC
Leading cryptocurrencies fell alongside tech stocks Tuesday as the Senate passed President Donald Trump's mega tax-and-spending bill.
Unveil the 365X Crypto Secret - Replay Disappearing Soon! - Ad
Only 12 hours left! Watch the replay of the "365x Return in 90 Days" crypto Workshop before it's gone. Discover Joel and Adam's 4-part system, real success stories, and how to start mirroring their trades. This is your last chance-don't miss out.
Cash-Rich IonQ To Capture 20% Of Quantum Market By 2035
IonQ shares climb as investors rally behind its bold quantum growth strategy and long-term market potential.
Apple Sues Ex-Engineer Over Alleged Theft Of Vision Pro Secrets As Snap Prepares AR Glasses Launch
Apple files lawsuit accusing former senior design engineer of stealing confidential information before leaving to work at Snap.
This Tiny Tech Stock Could Be the Next Big Platform Play - Ad
One under-the-radar company is embedding intelligence into everyday glass-already powering Ferraris, aircraft, and city buses with adaptive surfaces and vision systems. It's not just a product. It's a platform.
Hong Kong's security net extends beyond arrests as small businesses pressured
HONG KONG (AP) — It’s been years since all but silenced pro-democracy activism in Hong Kong. But a crackdown on dissent in the semiautonomous Chinese city is still expanding, hitting restaurants, bookstores and other small businesses.
Shares in Asia are mixed amid Trump's new tariff deadlines
Shares were mixed in Asia on Wednesday, following a choppy trading day on Wall Street as the Trump administration pressed its campaign to win more favorable trade deals with nations around the globe.
Copper's Spiking - And This Junior Has the Grades to Match - Ad
Copper is climbing again - and this time, it looks tariff-proof. A $31M junior just posted nearly 1B lbs of copper equivalent. With insiders and institutions piling in, this could be the next breakout.
Greenland has a message for the rest of the world: Come visit
NUUK, Greenland (AP) — has a message for the rest of the world: We’re waiting for you.
German court suspends diesel scandal trial of former Volkswagen CEO Winterkorn
FRANKFURT, Germany (AP) — A German court has suspended proceedings of former Volkswagen CEO Martin Winterkorn, who has been charged with fraud and market manipulation in connection with the automaker's use of rigged software that let millions of diesel-engine cars cheat on emissions tests.
Stunning Trump Policy Unlocks Upfront Cash Payouts - Ad
The U.S. has collected $15B from Trump's tariffs - and now, thanks to Title 15, you could claim your own $100-$1,000 instant upfront cash payouts. No stocks needed. Use your phone and this income technique to collect upfront payouts now.
China retaliates against EU with a ban on European medical devices
BANGKOK (AP) — China said Sunday that European medical device companies will be barred from selling to the Chinese government as a countermeasure for the European Union's restrictions on the sale of similar products from China.
China lifts a nearly 2-year ban on seafood from Japan over Fukushima wastewater
BEIJING (AP) — China has to seafood from Japan after a nearly two-year ban over the discharge of slightly radioactive wastewater from the tsunami-destroyed Fukushima nuclear power plant.
Most Bitcoin Holders Have No Idea This Exists - Ad
I call it "Bitcoin Skimming"... and it allows you to "skim" cash into your account thanks to 2025's surging Bitcoin market. You don't have to buy or sell Bitcoin. Not one single penny's worth. In my latest video briefing, I'll give you everything you need to "skim" your first payout -- and it won't cost you a penny.
Iran resumes international flights after a 20-day suspension
TEHRAN, Iran (AP) — Iran’s Imam Khomeini International Airport has welcomed its first foreign flight since the resumption of international air travel after a 20-day suspension, local media reported Friday.
Trump's $5 Million 'Gold Card' Draws Global Elite, But Lawyers Warn 'Many High-Net-Worth Individuals Will Not Apply' Without Tax Clarity
Trump's $5 million "Trump Card" immigration program has attracted 70,000 initial registrations but faces significant legal and tax obstacles.
Gold Just Hit Another Record. This Junior Could Be Next. - Ad
This copper junior was the smallest company invited to a top global mining conference. With nearly 1B pounds CuEq and 50,000m of funded drilling, this story won't stay quiet for long.
Senate GOP removes tax on solar and wind energy but dismantles climate law passed by Democrats
WASHINGTON (AP) — The approved by the Senate Tuesday removes a proposed tax on solar and wind energy projects but quickly phases out tax credits for wind, solar and other renewable energy.
KKR Bets On Sustainable Protein Demand With ProTen Investment In Australia
KKR is acquiring Australian poultry giant ProTen to strengthen its agri-infrastructure portfolio and tap growing demand for sustainable protein.
Revived Wartime Resource May Soon Power Everything from Bullets to Batteries - Ad
This overlooked metal isn't just for the battlefield anymore. It's part of the future energy grid, too. This could be a rare early-stage play in a market that's heating up fast.
Bernie Sanders Slams Trump's 'Big, Beautiful Bill' As A Gift For Billionaires: 'The Most Dangerous Piece of Legislation In Modern History'
Sen. Bernie Sanders (I-VT) is once again taking a shot at President Donald Trump's budget reconciliation bill, dubbed the "One Big, Beautiful Bill."
Trump says he's not planning to extend a pause on global tariffs beyond July 9
WASHINGTON (AP) — President Donald Trump says he is not planning to extend on most nations beyond July 9, when the negotiating period he set would expire, and his administration will notify countries that the trade penalties will take effect unless there are
China is Tightening Critical Metal Supply-Investors Wondering Who Will Step Up - Ad
This metal powers everything from munitions to batteries. But with China imposing export controls, the West is scrambling for supply. One tiny firm may control a key N. American site-and investors are watching closely.
Polymarket Bettors See 50% Chance Of Fed September Rate Cuts As Trump Turns Up Heat On Powell
Cryptocurrency bettors now estimate a 50% possibility that the Federal Reserve will cut interest rates for the first time in 2025 during its September meeting.
GSK Rebranded Flovent Asthma Inhaler For Children To Avoid $367 Million Medicaid Rebate, Senator Hassan Accuses
Senator Maggie Hassan is investigating GSK's discontinuation of Flovent HFA, citing increased hospitalizations, higher drug costs, and lost Medicaid rebates.
Greatest Crypto Bull Market in History? - Ad
Right now, conditions are in place for a historic move we expect will be the greatest crypto bull market since Bitcoin emerged. According to one crypto expert (who began mining Bitcoin in his garage in 2013): "We are in the early stages of a crypto mania - the calm before the storm." But most Americans could be blindsided by what's about to happen.
Trump Calls America Party A 'Train Wreck,' Blasts Elon Musk For Going Completely 'Off The Rails': President Says System Not Designed For A Third Player
Trump criticizes Musk for forming America Party, calling it a Train Wreck. Musk's dissatisfaction with two-party system leads to poll where 80% support new party.
Ivy League MBA Was A 'Waste Of Time,' Says Veteran Banker, Lists Two Key Traits Far More Relevant In The AI Age
Standard Chartered CEO Bill Winters says his MBA was a waste of time, and today's leaders need curiosity and empathy, not just technical skills.
Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad
A high-grade copper-gold discovery in Quebec just delivered extremely high grade intercepts. Valuation? Just $31M. With copper breaking out, the timing here could be perfect. Get the symbol here.
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.
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.
Unveil the 365X Crypto Secret - Replay Disappearing Soon! - Ad
Only 12 hours left! Watch the replay of the "365x Return in 90 Days" crypto Workshop before it's gone. Discover Joel and Adam's 4-part system, real success stories, and how to start mirroring their trades. This is your last chance-don't miss out.
Former Librarian of Congress, fired by Trump, vows to improve public information in new Mellon role
NEW YORK (AP) — The by has found a new position with the country's largest philanthropic supporter of the arts.
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.