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.
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.
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.
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.
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.
Summary
Commvault Systems beats Progress Software on 9 of the 17 factors compared between the two stocks.
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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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This page (NASDAQ:PRGS) was last updated on 3/25/2025 by MarketBeat.com Staff