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| vetelmo |
 Posted: Wed May 17, 2006 10:11 am Post subject: PROGRESS SOFTWARE (NasdaqNM:PRGS) |
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PROGRESS SOFTWARE (NasdaqNM:PRGS) PRGS on Yahoo
Progress Software Corporation engages in the development, marketing, and distribution of application infrastructure software for the development, deployment, integration, and management of business applications software worldwide. It has four divisions: OpenEdge, Sonic, Real Time, and DataDirect. The OpenEdge division provides the Progress OpenEdge platform, a unified set of development and deployment technologies, including the OpenEdge RDBMS, an embedded database that is used to build business applications.
ANALYST
Annual EPS Est (Nov-06) : 1.46
Quarterly EPS Est (May-06) : 0.35
Mean Recommendation*: 1.5
PEG Ratio (5 yr expected): 2.95
PRICE TARGET SUMMARY
Mean Target: 37.67
Median Target: 39.00
High Target: 40.00
Low Target: 34.00
This stock is trading at its 52 week low. With the way the market is acting, I would say it's safe to say that the price will come down some more but i noticed that this stocks target prices are much higher than where it's at.
It's owned by only 2% of insiders, which makes me wonder about it.
What do you think? |
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| Im Not Warren Buffett |
| Posted: Wed May 17, 2006 6:36 pm Post subject: Re: PROGRESS SOFTWARE (NasdaqNM:PRGS) |
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CFO
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| vetelmo wrote: | PEG Ratio (5 yr expected): 2.95
It's owned by only 2% of insiders, which makes me wonder about it. |
Those two lines basically sum up what I think; the PEG is horrible and not surprisingly, insiders aren't holding. I think buying anything with a PEG over 1.5 is to set yourself up for losses, so anything thats almost twice that... I wouldn't be surprised to see it hit new lows. |
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| JD |
| Posted: Wed May 17, 2006 7:51 pm Post subject: Re: PROGRESS SOFTWARE (NasdaqNM:PRGS) |
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Investing Sr. Associate
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| Im Not Warren Buffett wrote: | | vetelmo wrote: | PEG Ratio (5 yr expected): 2.95
It's owned by only 2% of insiders, which makes me wonder about it. |
Those two lines basically sum up what I think; the PEG is horrible and not surprisingly, insiders aren't holding. I think buying anything with a PEG over 1.5 is to set yourself up for losses, so anything thats almost twice that... I wouldn't be surprised to see it hit new lows. |
I agree with you INWB. The PEG and the P/E both tell a lot of the story, especially the PEG.  |
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| vetelmo |
| Posted: Wed May 17, 2006 8:03 pm Post subject: |
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Ok so help me out here. The PEG ratio is 2.95 - What does that represent to the price, or does it at all?
I get a little confused by that and thats why I put it there.  |
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| JD |
| Posted: Wed May 17, 2006 9:14 pm Post subject: |
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Investing Sr. Associate
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| vetelmo |
| Posted: Thu May 18, 2006 10:20 am Post subject: |
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| Thanks |
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| Im Not Warren Buffett |
| Posted: Thu May 18, 2006 4:15 pm Post subject: |
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CFO
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| vetelmo wrote: | | Thanks |
All cleared up?
For PEG I normally use the 5 year annualized earnings growth, because that longer horizon gives you a better idea of how the stock is really priced... some companies can have a year of a couple hundred percent, but over 5 years it works out to 20-25% annually. |
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| vetelmo |
| Posted: Fri May 19, 2006 6:00 pm Post subject: |
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| Im Not Warren Buffett wrote: | | vetelmo wrote: | | Thanks |
All cleared up?
For PEG I normally use the 5 year annualized earnings growth, because that longer horizon gives you a better idea of how the stock is really priced... some companies can have a year of a couple hundred percent, but over 5 years it works out to 20-25% annually. |
It was pretty clear but it's cleared up 100% now after a conversation with a buddy thats a trader. |
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