Free Trial

Progress Software (PRGS) Competitors

Progress Software logo
$66.38 +0.46 (+0.70%)
(As of 12/20/2024 05:16 PM ET)

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

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), NICE (NICE), and Paylocity (PCTY).

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 business? We will contrast the two businesses based on the strength of their community ranking, media sentiment, analyst recommendations, profitability, valuation, institutional ownership, dividends, risk and earnings.

93.5% of Commvault Systems shares are held by institutional investors. 1.0% of Commvault Systems shares are held by company insiders. Comparatively, 3.4% of Progress Software shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Commvault Systems presently has a consensus target price of $151.25, suggesting a potential downside of 4.71%. Progress Software has a consensus target price of $67.67, suggesting a potential upside of 1.94%. Given Progress Software's stronger consensus rating and higher possible upside, analysts clearly 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)
4 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.50
Progress Software
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83

Commvault Systems has a beta of 0.61, meaning that its stock price is 39% less volatile than the S&P 500. Comparatively, Progress Software has a beta of 0.92, meaning that its stock price is 8% less volatile than the S&P 500.

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
Commvault Systems19.75% 31.62% 8.79%
Progress Software 11.55%38.69%10.64%

Commvault Systems received 112 more outperform votes than Progress Software when rated by MarketBeat users. However, 65.47% of users gave Progress Software an outperform vote while only 64.65% of users gave Commvault Systems an outperform vote.

CompanyUnderperformOutperform
Commvault SystemsOutperform Votes
567
64.65%
Underperform Votes
310
35.35%
Progress SoftwareOutperform Votes
455
65.47%
Underperform Votes
240
34.53%

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$898.05M7.73$168.91M$3.9540.18
Progress Software$715.42M3.98$70.20M$1.8735.50

In the previous week, Commvault Systems and Commvault Systems both had 5 articles in the media. Commvault Systems' average media sentiment score of 1.22 beat Progress Software's score of 1.05 indicating that Commvault Systems is being referred to more favorably in the media.

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

Summary

Commvault Systems beats Progress Software on 9 of the 17 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$2.85B$25.38B$25.69B$9.07B
Dividend Yield1.02%2.26%2.77%4.22%
P/E Ratio35.5097.61241.2417.19
Price / Sales3.9824.753,316.04116.80
Price / Cash11.1591.3335.6637.86
Price / Book6.2912.918.074.78
Net Income$70.20M$448.65M$678.74M$225.60M
7 Day Performance-3.66%0.42%0.45%-1.24%
1 Month Performance-3.53%10.49%7.00%3.36%
1 Year Performance20.73%26.33%23.04%16.58%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRGS
Progress Software
3.8824 of 5 stars
$66.38
+0.7%
$67.67
+1.9%
+21.0%$2.85B$715.42M35.502,284Positive News
High Trading Volume
CVLT
Commvault Systems
4.0251 of 5 stars
$173.12
+0.5%
$151.25
-12.6%
+101.3%$7.57B$839.25M44.052,882Positive News
QLYS
Qualys
1.3672 of 5 stars
$153.88
-1.2%
$152.80
-0.7%
-30.3%$5.63B$592.95M33.892,188
AI
C3.ai
2.9816 of 5 stars
$41.73
+0.1%
$34.60
-17.1%
+22.2%$5.30B$310.58M-17.62700Analyst Upgrade
Insider Trade
Analyst Revision
High Trading Volume
MSFT
Microsoft
4.8585 of 5 stars
$443.33
-0.6%
$504.36
+13.8%
+17.8%$3.30T$254.19B36.58228,000Analyst Forecast
ORCL
Oracle
4.5267 of 5 stars
$177.74
-6.7%
$181.48
+2.1%
+62.9%$492.53B$53.82B45.81159,000Analyst Downgrade
High Trading Volume
NOW
ServiceNow
4.202 of 5 stars
$1,127.84
+0.7%
$1,022.37
-9.4%
+57.3%$232.34B$8.97B175.4022,668Analyst Forecast
FTNT
Fortinet
4.2159 of 5 stars
$97.13
+0.1%
$88.93
-8.4%
+69.2%$74.45B$5.71B49.0113,568Analyst Forecast
Insider Trade
AXON
Axon Enterprise
3.3324 of 5 stars
$637.45
-0.8%
$488.67
-23.3%
+149.9%$48.61B$1.56B166.044,260Insider Trade
NICE
NICE
3.7622 of 5 stars
$181.46
-2.7%
$260.57
+43.6%
-11.1%$11.41B$2.38B28.098,384Analyst Forecast
Positive News
PCTY
Paylocity
4.5453 of 5 stars
$203.58
0.0%
$204.29
+0.3%
+20.6%$11.35B$1.40B52.076,400Insider Trade

Related Companies and Tools


This page (NASDAQ:PRGS) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners