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Progress Software (PRGS) Competitors

$51.56
+0.14 (+0.27%)
(As of 03:52 PM ET)

PRGS vs. AI, UPLD, CVLT, QLYS, SEMR, AVDX, RPD, BB, APPN, and SWI

Should you be buying Progress Software stock or one of its competitors? The main competitors of Progress Software include C3.ai (AI), Upland Software (UPLD), Commvault Systems (CVLT), Qualys (QLYS), Semrush (SEMR), AvidXchange (AVDX), Rapid7 (RPD), BlackBerry (BB), Appian (APPN), and SolarWinds (SWI). These companies are all part of the "prepackaged software" industry.

Progress Software vs.

Progress Software (NASDAQ:PRGS) and C3.ai (NYSE:AI) are both mid-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, community ranking, profitability, valuation, risk, earnings, media sentiment and dividends.

Progress Software has a beta of 0.95, suggesting that its share price is 5% less volatile than the S&P 500. Comparatively, C3.ai has a beta of 1.74, suggesting that its share price is 74% more volatile than the S&P 500.

Progress Software has a net margin of 9.67% compared to C3.ai's net margin of -95.21%. Progress Software's return on equity of 36.62% beat C3.ai's return on equity.

Company Net Margins Return on Equity Return on Assets
Progress Software9.67% 36.62% 10.30%
C3.ai -95.21%-29.60%-25.12%

Progress Software has higher revenue and earnings than C3.ai. C3.ai is trading at a lower price-to-earnings ratio than Progress Software, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Progress Software$694.44M3.21$70.20M$1.5433.45
C3.ai$266.80M11.99-$268.84M-$2.33-11.25

Progress Software currently has a consensus price target of $64.60, indicating a potential upside of 26.84%. C3.ai has a consensus price target of $31.50, indicating a potential upside of 20.74%. Given Progress Software's stronger consensus rating and higher possible upside, equities research analysts plainly believe Progress Software is more favorable than C3.ai.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progress Software
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80
C3.ai
1 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.22

In the previous week, C3.ai had 2 more articles in the media than Progress Software. MarketBeat recorded 11 mentions for C3.ai and 9 mentions for Progress Software. Progress Software's average media sentiment score of 0.97 beat C3.ai's score of 0.45 indicating that Progress Software is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Progress Software
8 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
C3.ai
5 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

39.0% of C3.ai shares are held by institutional investors. 3.3% of Progress Software shares are held by insiders. Comparatively, 34.0% of C3.ai shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Progress Software received 73 more outperform votes than C3.ai when rated by MarketBeat users. Likewise, 64.75% of users gave Progress Software an outperform vote while only 51.62% of users gave C3.ai an outperform vote.

CompanyUnderperformOutperform
Progress SoftwareOutperform Votes
439
64.75%
Underperform Votes
239
35.25%
C3.aiOutperform Votes
366
51.62%
Underperform Votes
343
48.38%

Summary

Progress Software beats C3.ai on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PRGS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PRGS vs. The Competition

MetricProgress SoftwarePrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$2.23B$21.64B$19.93B$7.99B
Dividend Yield1.36%2.03%2.70%3.91%
P/E Ratio33.4553.61220.7614.81
Price / Sales3.218.80538.1073.68
Price / Cash8.3269.9028.9729.27
Price / Book4.8810.077.224.56
Net Income$70.20M$358.64M$608.59M$212.43M
7 Day Performance1.30%2.81%2.62%4.87%
1 Month Performance2.20%7.47%7.71%9.25%
1 Year Performance-10.40%17.09%26.03%10.45%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AI
C3.ai
2.1324 of 5 stars
$26.27
+5.3%
$31.50
+19.9%
+4.4%$3.21B$266.80M-11.27914Gap Up
UPLD
Upland Software
4.2978 of 5 stars
$2.97
+1.4%
$3.75
+26.3%
-12.0%$81.95M$291.53M-0.631,061Positive News
CVLT
Commvault Systems
3.3113 of 5 stars
$108.83
+0.4%
$114.25
+5.0%
+69.5%$4.75B$839.25M28.942,779Insider Selling
QLYS
Qualys
3.3842 of 5 stars
$149.73
+0.6%
$162.23
+8.3%
+21.9%$5.53B$554.46M34.662,188Analyst Upgrade
SEMR
Semrush
1.0274 of 5 stars
$15.36
-0.4%
$14.00
-8.8%
+93.4%$2.22B$307.67M170.611,390
AVDX
AvidXchange
2.9619 of 5 stars
$11.22
flat
$13.14
+17.1%
+22.5%$2.32B$380.72M-74.801,600Insider Selling
Short Interest ↑
News Coverage
RPD
Rapid7
3.2432 of 5 stars
$38.11
+2.8%
$51.73
+35.7%
-15.2%$2.38B$799.63M-18.592,228
BB
BlackBerry
1.2898 of 5 stars
$3.46
+11.6%
$4.08
+18.0%
-45.4%$2.04B$853M-14.422,647Gap Up
High Trading Volume
APPN
Appian
4.4542 of 5 stars
$33.62
+1.0%
$46.43
+38.1%
-15.5%$2.43B$545.36M-22.872,243
SWI
SolarWinds
4.2178 of 5 stars
$11.82
+1.5%
$13.80
+16.8%
+35.0%$1.99B$758.74M168.792,103Positive News

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This page (NASDAQ:PRGS) was last updated on 5/20/2024 by MarketBeat.com Staff

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