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Progress Software (PRGS) Competitors

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$55.16 +0.16 (+0.29%)
Closing price 04:00 PM Eastern
Extended Trading
$55.20 +0.05 (+0.08%)
As of 05:28 PM Eastern
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PRGS vs. CVLT, QLYS, AI, MSFT, ORCL, NOW, FTNT, AXON, ALTR, 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), Altair Engineering (ALTR), and NICE (NICE).

Progress Software vs.

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

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

Commvault Systems has a beta of 0.62, suggesting that its stock price is 38% less volatile than the S&P 500. Comparatively, Progress Software has a beta of 0.88, suggesting that its stock price is 12% less volatile than the S&P 500.

Commvault Systems currently has a consensus price target of $156.44, suggesting a potential downside of 9.95%. Progress Software has a consensus price target of $72.43, suggesting a potential upside of 32.07%. Given Progress Software's stronger consensus rating and higher probable upside, analysts plainly believe Progress Software is more favorable than Commvault Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Commvault Systems
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71

In the previous week, Commvault Systems had 6 more articles in the media than Progress Software. MarketBeat recorded 16 mentions for Commvault Systems and 10 mentions for Progress Software. Progress Software's average media sentiment score of 1.44 beat Commvault Systems' score of 1.08 indicating that Progress Software is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Commvault Systems
13 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Progress Software
6 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Commvault Systems has a net margin of 18.14% compared to Progress Software's net margin of 9.08%. Progress Software's return on equity of 41.56% beat Commvault Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Commvault Systems18.14% 28.69% 8.36%
Progress Software 9.08%41.56%9.86%

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
Commvault Systems$943.87M8.10$168.91M$3.8145.60
Progress Software$753.41M3.16$68.44M$1.5635.15

Commvault Systems received 117 more outperform votes than Progress Software when rated by MarketBeat users. However, 65.43% of users gave Progress Software an outperform vote while only 64.68% of users gave Commvault Systems an outperform vote.

CompanyUnderperformOutperform
Commvault SystemsOutperform Votes
575
64.68%
Underperform Votes
314
35.32%
Progress SoftwareOutperform Votes
458
65.43%
Underperform Votes
242
34.57%

Summary

Commvault Systems beats Progress Software on 9 of the 17 factors compared between the two stocks.

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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.
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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$2.38B$23.89B$24.21B$8.31B
Dividend YieldN/A2.06%2.80%4.02%
P/E Ratio35.15112.7843.3119.33
Price / Sales3.1622.192,347.2894.77
Price / Cash8.5186.0634.6334.64
Price / Book5.368.726.424.48
Net Income$68.44M$436.62M$735.93M$247.07M
7 Day Performance-1.46%1.97%1.80%3.29%
1 Month Performance-3.30%-4.84%49,628.47%-2.63%
1 Year Performance3.94%11.01%52,548.52%4.77%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRGS
Progress Software
4.6736 of 5 stars
$55.16
+0.3%
$72.43
+31.3%
+4.8%$2.39B$753.41M35.362,815Upcoming Earnings
Positive News
CVLT
Commvault Systems
3.8197 of 5 stars
$161.09
+0.3%
$156.44
-2.9%
+68.3%$7.09B$943.87M42.282,882Positive News
QLYS
Qualys
3.3393 of 5 stars
$130.61
+0.1%
$146.14
+11.9%
-21.6%$4.76B$607.57M28.092,188
AI
C3.ai
4.168 of 5 stars
$22.16
+1.0%
$31.33
+41.4%
-15.6%$2.94B$366.92M-10.03700Gap Up
MSFT
Microsoft
4.9184 of 5 stars
$383.52
-1.3%
$510.43
+33.1%
-8.3%$2.85T$261.80B30.88228,000
ORCL
Oracle
4.8869 of 5 stars
$149.48
-2.9%
$179.71
+20.2%
+21.3%$418.10B$55.78B36.55159,000
NOW
ServiceNow
4.73 of 5 stars
$830.11
-1.5%
$1,100.31
+32.5%
+10.0%$171.00B$10.98B121.5426,293Analyst Revision
Positive News
FTNT
Fortinet
3.9392 of 5 stars
$96.91
+0.2%
$105.69
+9.1%
+46.1%$74.52B$5.96B42.8813,568Analyst Revision
AXON
Axon Enterprise
3.4012 of 5 stars
$539.99
-2.7%
$604.67
+12.0%
+81.0%$41.38B$2.08B139.534,260Positive News
ALTR
Altair Engineering
3.2829 of 5 stars
$111.44
+0.0%
$100.83
-9.5%
+32.1%$9.56B$665.79M655.533,300
NICE
NICE
4.3905 of 5 stars
$151.02
0.0%
$231.64
+53.4%
-40.2%$9.49B$2.74B22.348,384Positive News
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This page (NASDAQ:PRGS) was last updated on 3/25/2025 by MarketBeat.com Staff
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