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Progress Software (PRGS) Competitors

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$55.63 -0.93 (-1.64%)
As of 01:28 PM Eastern
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PRGS vs. CVLT, QLYS, AI, MSFT, ORCL, NOW, FTNT, AXON, DSGX, and ALTR

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), The Descartes Systems Group (DSGX), and Altair Engineering (ALTR).

Progress Software vs.

Commvault Systems (NASDAQ:CVLT) and Progress Software (NASDAQ:PRGS) 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 community ranking, profitability, analyst recommendations, media sentiment, earnings, institutional ownership, dividends, valuation and risk.

Commvault Systems received 116 more outperform votes than Progress Software when rated by MarketBeat users. However, 65.43% of users gave Progress Software an outperform vote while only 64.64% of users gave Commvault Systems an outperform vote.

CompanyUnderperformOutperform
Commvault SystemsOutperform Votes
574
64.64%
Underperform Votes
314
35.36%
Progress SoftwareOutperform Votes
458
65.43%
Underperform Votes
242
34.57%

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$839.25M9.36$168.91M$3.8146.84
Progress Software$753.41M3.20$68.44M$1.5635.66

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

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

In the previous week, Commvault Systems had 9 more articles in the media than Progress Software. MarketBeat recorded 11 mentions for Commvault Systems and 2 mentions for Progress Software. Progress Software's average media sentiment score of 1.31 beat Commvault Systems' score of 0.74 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
4 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Progress Software
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Commvault Systems presently has a consensus price target of $156.44, suggesting a potential downside of 12.34%. Progress Software has a consensus price target of $72.43, suggesting a potential upside of 30.19%. 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

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$2.42B$25.24B$26.48B$9.02B
Dividend YieldN/A1.80%2.75%3.85%
P/E Ratio35.71123.0446.3818.96
Price / Sales3.2012.542,550.6577.29
Price / Cash8.5288.5535.5737.47
Price / Book5.449.696.924.69
Net Income$68.44M$434.20M$731.18M$245.69M
7 Day Performance-2.94%-3.36%-1.60%-1.85%
1 Month Performance-12.42%2.56%0.53%-1.54%
1 Year Performance1.74%26.40%20.98%14.60%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRGS
Progress Software
4.336 of 5 stars
$55.63
-1.6%
$72.43
+30.2%
+1.8%$2.42B$753.41M35.712,815
CVLT
Commvault Systems
3.8646 of 5 stars
$187.90
+1.6%
$156.44
-16.7%
+100.3%$8.27B$943.87M49.322,882
QLYS
Qualys
2.513 of 5 stars
$147.70
+2.7%
$146.57
-0.8%
-15.0%$5.40B$607.57M31.762,188Insider Trade
AI
C3.ai
4.0202 of 5 stars
$31.85
+0.9%
$35.00
+9.9%
+10.7%$4.11B$346.54M-14.41700Upcoming Earnings
MSFT
Microsoft
4.8807 of 5 stars
$409.40
+0.2%
$510.96
+24.8%
+3.3%$3.04T$245.12B32.96228,000Options Volume
Analyst Revision
Positive News
ORCL
Oracle
4.5957 of 5 stars
$179.78
+3.2%
$182.73
+1.6%
+62.3%$502.85B$52.96B43.96159,000Analyst Downgrade
Positive News
NOW
ServiceNow
4.8106 of 5 stars
$995.97
+0.9%
$1,129.72
+13.4%
+28.6%$205.17B$10.98B145.8226,293Analyst Forecast
Insider Trade
Positive News
FTNT
Fortinet
4.3954 of 5 stars
$114.26
+2.3%
$103.72
-9.2%
+68.1%$87.57B$5.96B50.5613,568Insider Trade
Positive News
AXON
Axon Enterprise
3.4014 of 5 stars
$710.01
+3.9%
$542.15
-23.6%
+101.7%$54.14B$1.56B183.474,260Analyst Downgrade
High Trading Volume
DSGX
The Descartes Systems Group
3.1432 of 5 stars
$114.87
-1.4%
$117.92
+2.7%
+31.4%$9.83B$572.90M72.252,175Positive News
ALTR
Altair Engineering
3.0914 of 5 stars
$111.13
+0.3%
$100.71
-9.4%
+27.3%$9.45B$612.70M292.463,200Earnings Report

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This page (NASDAQ:PRGS) was last updated on 2/21/2025 by MarketBeat.com Staff
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