Free Trial

Progress Software (PRGS) Competitors

Progress Software logo
$67.11 +1.32 (+2.01%)
(As of 11/20/2024 ET)

PRGS vs. PING, TLND, SPNS, ZUO, EIGI, CVLT, QLYS, AI, MSFT, and ORCL

Should you be buying Progress Software stock or one of its competitors? The main competitors of Progress Software include Ping Identity (PING), Talend (TLND), Sapiens International (SPNS), Zuora (ZUO), Endurance International Group (EIGI), Commvault Systems (CVLT), Qualys (QLYS), C3.ai (AI), Microsoft (MSFT), and Oracle (ORCL). These companies are all part of the "computer and technology" sector.

Progress Software vs.

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

Ping Identity has a beta of 0.6, meaning that its share price is 40% less volatile than the S&P 500. Comparatively, Progress Software has a beta of 0.92, meaning that its share price is 8% less volatile than the S&P 500.

92.2% of Ping Identity shares are held by institutional investors. 2.9% of Ping Identity shares are held by insiders. Comparatively, 3.4% of Progress Software shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

In the previous week, Progress Software had 3 more articles in the media than Ping Identity. MarketBeat recorded 4 mentions for Progress Software and 1 mentions for Ping Identity. Progress Software's average media sentiment score of 1.43 beat Ping Identity's score of 0.23 indicating that Progress Software is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ping Identity
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Progress Software
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Progress Software has a net margin of 11.55% compared to Ping Identity's net margin of -34.24%. Progress Software's return on equity of 38.69% beat Ping Identity's return on equity.

Company Net Margins Return on Equity Return on Assets
Ping Identity-34.24% -9.91% -6.53%
Progress Software 11.55%38.69%10.64%

Progress Software has higher revenue and earnings than Ping Identity. Ping Identity 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
Ping Identity$299.45M8.18-$64.39M-$1.25-22.80
Progress Software$694.44M4.15$70.20M$1.8735.89

Progress Software received 315 more outperform votes than Ping Identity when rated by MarketBeat users. Likewise, 65.47% of users gave Progress Software an outperform vote while only 65.12% of users gave Ping Identity an outperform vote.

CompanyUnderperformOutperform
Ping IdentityOutperform Votes
140
65.12%
Underperform Votes
75
34.88%
Progress SoftwareOutperform Votes
455
65.47%
Underperform Votes
240
34.53%

Progress Software has a consensus price target of $67.67, suggesting a potential upside of 0.83%. Given Progress Software's stronger consensus rating and higher possible upside, analysts clearly believe Progress Software is more favorable than Ping Identity.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ping Identity
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Progress Software
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83

Summary

Progress Software beats Ping Identity on 16 of the 18 factors compared between the two stocks.

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$2.82B$25.36B$23.95B$8.87B
Dividend Yield1.06%2.30%2.76%4.06%
P/E Ratio35.8967.59230.0714.18
Price / Sales4.157.973,397.6589.42
Price / Cash10.6587.6032.7532.79
Price / Book6.369.597.045.12
Net Income$70.20M$444.73M$659.54M$225.99M
7 Day Performance-0.21%-0.07%0.19%-1.32%
1 Month Performance2.65%4.17%0.77%0.60%
1 Year Performance25.84%23.90%18.75%26.23%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRGS
Progress Software
4.0756 of 5 stars
$67.11
+2.0%
$67.67
+0.8%
+25.2%$2.82B$694.44M35.892,284Positive News
High Trading Volume
PING
Ping Identity
N/A$28.50
flat
N/A+0.0%$2.45B$299.45M-22.801,247High Trading Volume
TLND
Talend
N/A$65.97
flat
N/AN/A$2.16B$287.47M-104.711,397Analyst Forecast
SPNS
Sapiens International
3.4832 of 5 stars
$27.12
-0.3%
$36.00
+32.7%
+7.2%$1.52B$514.58M21.355,000Analyst Downgrade
ZUO
Zuora
1.62 of 5 stars
$9.90
-0.2%
$11.43
+15.4%
+18.8%$1.50B$431.66M0.001,618
EIGI
Endurance International Group
N/A$9.49
flat
N/A+0.0%$1.34B$1.11B-39.543,800
CVLT
Commvault Systems
4.303 of 5 stars
$170.96
+1.4%
$151.25
-11.5%
+140.6%$7.37B$898.05M43.282,882Insider Trade
QLYS
Qualys
1.2859 of 5 stars
$147.03
+3.9%
$152.80
+3.9%
-18.2%$5.18B$554.46M32.392,188Insider Trade
AI
C3.ai
3.5002 of 5 stars
$32.35
-1.9%
$27.70
-14.4%
+15.4%$4.11B$325.43M-14.19700Options Volume
News Coverage
MSFT
Microsoft
4.9021 of 5 stars
$415.49
-0.6%
$503.03
+21.1%
+10.1%$3.11T$245.12B34.28228,000Analyst Forecast
ORCL
Oracle
4.8882 of 5 stars
$190.76
+1.0%
$169.52
-11.1%
+63.1%$523.45B$52.96B49.17159,000Analyst Upgrade
Positive News

Related Companies and Tools


This page (NASDAQ:PRGS) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners