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.
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.
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.
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.
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.
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.
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New MarketBeat Followers Over Time
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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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This page (NASDAQ:PRGS) was last updated on 1/20/2025 by MarketBeat.com Staff