Free Trial

Progress Software (PRGS) Competitors

Progress Software logo
$62.94 -0.78 (-1.22%)
As of 01/17/2025 04:00 PM Eastern

PRGS vs. CVLT, QLYS, AI, MSFT, ORCL, NOW, FTNT, AXON, PCTY, and NICE

Should you be buying Progress Software stock or one of its competitors? The main competitors of Progress Software include Commvault Systems (CVLT), Qualys (QLYS), C3.ai (AI), Microsoft (MSFT), Oracle (ORCL), ServiceNow (NOW), Fortinet (FTNT), Axon Enterprise (AXON), Paylocity (PCTY), and NICE (NICE).

Progress Software vs.

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

Progress Software has a beta of 0.93, meaning that its share price is 7% less volatile than the S&P 500. Comparatively, Commvault Systems has a beta of 0.65, meaning that its share price is 35% less volatile than the S&P 500.

Progress Software presently has a consensus price target of $71.71, suggesting a potential upside of 13.94%. Commvault Systems has a consensus price target of $154.56, suggesting a potential downside of 4.17%. Given Progress Software's stronger consensus rating and higher possible upside, equities analysts clearly believe Progress Software is more favorable than Commvault Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71
Commvault Systems
0 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.56

Commvault Systems received 116 more outperform votes than Progress Software when rated by MarketBeat users. However, 65.33% of users gave Progress Software an outperform vote while only 64.78% of users gave Commvault Systems an outperform vote.

CompanyUnderperformOutperform
Progress SoftwareOutperform Votes
456
65.33%
Underperform Votes
242
34.67%
Commvault SystemsOutperform Votes
572
64.78%
Underperform Votes
311
35.22%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Progress Software$715.42M3.77$70.20M$1.8733.66
Commvault Systems$898.05M7.85$168.91M$3.9540.83

In the previous week, Commvault Systems had 3 more articles in the media than Progress Software. MarketBeat recorded 22 mentions for Commvault Systems and 19 mentions for Progress Software. Progress Software's average media sentiment score of 0.50 beat Commvault Systems' score of 0.22 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
4 Very Positive mention(s)
3 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Commvault Systems
2 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
5 Negative mention(s)
0 Very Negative mention(s)
Neutral

Commvault Systems has a net margin of 19.75% compared to Progress Software's net margin of 11.55%. Progress Software's return on equity of 38.69% beat Commvault Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Progress Software11.55% 38.69% 10.64%
Commvault Systems 19.75%31.62%8.79%

93.5% of Commvault Systems shares are owned by institutional investors. 3.4% of Progress Software shares are owned by company insiders. Comparatively, 1.0% of Commvault Systems shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Summary

Commvault Systems beats Progress Software on 10 of the 19 factors compared between the two stocks.

Get Progress Software News Delivered to You Automatically

Sign up to receive the latest news and ratings for PRGS and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

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.
Skip Chart

PRGS vs. The Competition

MetricProgress SoftwarePrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$2.70B$25.28B$27.17B$9.10B
Dividend Yield1.10%2.07%2.78%4.01%
P/E Ratio33.6691.20234.4517.12
Price / Sales3.7714.103,472.9962.62
Price / Cash10.0682.5634.4035.97
Price / Book5.9712.638.404.79
Net Income$70.20M$444.67M$671.73M$225.00M
7 Day Performance1.37%4.60%3.69%2.62%
1 Month Performance-5.18%2.02%4.92%3.81%
1 Year Performance8.70%29.50%24.32%20.10%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRGS
Progress Software
4.1533 of 5 stars
$62.94
-1.2%
$71.71
+13.9%
+8.7%$2.70B$694.44M33.662,284Analyst Forecast
Analyst Revision
News Coverage
CVLT
Commvault Systems
4.167 of 5 stars
$160.46
+2.8%
$151.25
-5.7%
+104.1%$7.02B$839.25M40.622,882Analyst Forecast
Analyst Revision
QLYS
Qualys
2.7323 of 5 stars
$135.57
+1.5%
$152.80
+12.7%
-30.3%$4.96B$592.95M29.862,188
AI
C3.ai
3.363 of 5 stars
$30.98
+0.1%
$35.00
+13.0%
+28.9%$4.00B$346.54M-14.02700
MSFT
Microsoft
4.9409 of 5 stars
$415.67
-0.4%
$511.62
+23.1%
+7.6%$3.09T$254.19B34.30228,000Analyst Forecast
Positive News
Gap Up
ORCL
Oracle
4.9631 of 5 stars
$156.34
+1.6%
$181.48
+16.1%
+46.8%$437.28B$54.93B38.22159,000Analyst Forecast
Positive News
NOW
ServiceNow
4.3814 of 5 stars
$1,029.85
+1.4%
$1,071.39
+4.0%
+43.1%$212.15B$10.46B160.1622,668Analyst Forecast
Insider Trade
Positive News
FTNT
Fortinet
4.5596 of 5 stars
$92.49
-1.4%
$94.35
+2.0%
+54.7%$70.89B$5.71B46.7113,568Analyst Forecast
Gap Up
AXON
Axon Enterprise
3.2324 of 5 stars
$579.80
+2.0%
$504.92
-12.9%
+131.3%$44.21B$1.94B149.824,260Short Interest ↑
Positive News
PCTY
Paylocity
4.7168 of 5 stars
$192.23
+1.1%
$205.21
+6.8%
+29.2%$10.72B$1.36B49.165,300
NICE
NICE
4.1056 of 5 stars
$169.34
+2.2%
$259.50
+53.2%
-23.5%$10.65B$2.64B26.218,384Analyst Forecast

Related Companies and Tools


This page (NASDAQ:PRGS) was last updated on 1/20/2025 by MarketBeat.com Staff
From Our Partners