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Progress Software (PRGS) Competitors

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$57.12 -0.34 (-0.58%)
As of 03:47 PM Eastern
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PRGS vs. CVLT, QLYS, AI, MSFT, ORCL, NOW, FTNT, AXON, NICE, and MANH

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 Manhattan Associates (MANH).

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 companies based on the strength of their community ranking, analyst recommendations, earnings, risk, valuation, profitability, media sentiment, institutional ownership and dividends.

Commvault Systems has a beta of 0.68, suggesting that its share price is 32% less volatile than the S&P 500. Comparatively, Progress Software has a beta of 0.85, suggesting that its share price is 15% less volatile than the S&P 500.

Commvault Systems currently has a consensus price target of $159.11, suggesting a potential upside of 3.64%. Progress Software has a consensus price target of $74.33, suggesting a potential upside of 29.37%. 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)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

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

In the previous week, Commvault Systems had 1 more articles in the media than Progress Software. MarketBeat recorded 20 mentions for Commvault Systems and 19 mentions for Progress Software. Progress Software's average media sentiment score of 1.09 beat Commvault Systems' score of 1.02 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
10 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive
Progress Software
12 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
1 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. Commvault Systems 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
Commvault Systems$943.87M7.16$168.91M$3.8140.30
Progress Software$806.74M3.06$68.44M$1.2944.54

Commvault Systems received 114 more outperform votes than Progress Software when rated by MarketBeat users. However, 65.58% of users gave Progress Software an outperform vote while only 64.61% of users gave Commvault Systems an outperform vote.

CompanyUnderperformOutperform
Commvault SystemsOutperform Votes
575
64.61%
Underperform Votes
315
35.39%
Progress SoftwareOutperform Votes
461
65.58%
Underperform Votes
242
34.42%

Summary

Commvault Systems beats Progress Software on 10 of the 18 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$2.47B$22.54B$22.20B$7.58B
Dividend YieldN/A2.07%3.00%4.33%
P/E Ratio36.83103.7839.1317.79
Price / Sales3.0616.912,105.8794.59
Price / Cash8.5186.0634.6634.64
Price / Book5.627.805.723.99
Net Income$68.44M$438.39M$737.35M$247.24M
7 Day Performance5.08%7.53%5.27%6.12%
1 Month Performance4.04%-5.81%-5.80%-7.11%
1 Year Performance14.78%5.92%52,740.53%-0.85%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRGS
Progress Software
4.5668 of 5 stars
$57.13
-0.6%
$74.33
+30.1%
+12.7%$2.46B$806.74M36.672,815Analyst Forecast
Positive News
Gap Down
CVLT
Commvault Systems
4.0947 of 5 stars
$140.51
-1.1%
$159.11
+13.2%
+59.1%$6.18B$943.87M36.882,882Positive News
Gap Up
QLYS
Qualys
2.5022 of 5 stars
$115.21
-1.5%
$144.36
+25.3%
-25.8%$4.20B$607.57M24.782,140Analyst Upgrade
News Coverage
Positive News
AI
C3.ai
3.9538 of 5 stars
$18.15
-5.2%
$31.33
+72.7%
-10.8%$2.41B$366.92M-8.21700Analyst Forecast
MSFT
Microsoft
4.939 of 5 stars
$354.56
-0.9%
$508.00
+43.3%
-8.1%$2.64T$261.80B28.55221,000Analyst Forecast
Short Interest ↓
Analyst Revision
ORCL
Oracle
4.9512 of 5 stars
$124.32
-2.2%
$178.65
+43.7%
+10.9%$347.73B$55.78B30.40159,000Analyst Forecast
Positive News
NOW
ServiceNow
4.6543 of 5 stars
$724.94
-1.4%
$1,079.10
+48.9%
+4.1%$149.34B$10.98B106.1420,400Analyst Forecast
News Coverage
Positive News
FTNT
Fortinet
3.8874 of 5 stars
$88.15
+0.2%
$105.77
+20.0%
+45.7%$67.79B$5.96B39.0012,600Positive News
Gap Up
AXON
Axon Enterprise
3.2009 of 5 stars
$504.03
+0.3%
$604.67
+20.0%
+84.9%$38.62B$2.08B130.242,150Short Interest ↓
Positive News
NICE
NICE
4.2334 of 5 stars
$142.24
-3.3%
$231.64
+62.9%
-34.2%$8.94B$2.74B21.048,384Analyst Forecast
Short Interest ↓
MANH
Manhattan Associates
4.5287 of 5 stars
$143.90
-1.7%
$243.78
+69.4%
-31.6%$8.80B$1.04B41.004,150Upcoming Earnings
Analyst Forecast
Short Interest ↑
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This page (NASDAQ:PRGS) was last updated on 4/15/2025 by MarketBeat.com Staff
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