Progress Software (PRGS) Competitors

$50.34
-0.36 (-0.71%)
(As of 04/26/2024 08:53 PM ET)

PRGS vs. AI, CVLT, UPLD, QLYS, INTA, ALKT, AVDX, PD, SWI, and APPN

Should you be buying Progress Software stock or one of its competitors? The main competitors of Progress Software include C3.ai (AI), Commvault Systems (CVLT), Upland Software (UPLD), Qualys (QLYS), Intapp (INTA), Alkami Technology (ALKT), AvidXchange (AVDX), PagerDuty (PD), SolarWinds (SWI), and Appian (APPN). These companies are all part of the "prepackaged software" industry.

Progress Software vs.

C3.ai (NYSE:AI) and Progress Software (NASDAQ:PRGS) are both mid-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, analyst recommendations, risk, profitability, valuation, earnings, community ranking and dividends.

In the previous week, C3.ai had 9 more articles in the media than Progress Software. MarketBeat recorded 11 mentions for C3.ai and 2 mentions for Progress Software. C3.ai's average media sentiment score of 0.76 beat Progress Software's score of 0.40 indicating that Progress Software is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
C3.ai
4 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Progress Software
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

C3.ai has a beta of 1.71, suggesting that its stock price is 71% more volatile than the S&P 500. Comparatively, Progress Software has a beta of 0.94, suggesting that its stock price is 6% less volatile than the S&P 500.

39.0% of C3.ai shares are held by institutional investors. 34.0% of C3.ai shares are held by insiders. Comparatively, 3.3% of Progress Software shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Progress Software has higher revenue and earnings than C3.ai. C3.ai 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
C3.ai$266.80M10.44-$268.84M-$2.33-9.80
Progress Software$694.44M3.18$70.20M$1.5432.69

C3.ai currently has a consensus price target of $31.50, suggesting a potential upside of 37.98%. Progress Software has a consensus price target of $64.60, suggesting a potential upside of 28.33%. Given Progress Software's higher probable upside, equities research analysts plainly believe C3.ai is more favorable than Progress Software.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
C3.ai
1 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.22
Progress Software
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80

Progress Software received 73 more outperform votes than C3.ai when rated by MarketBeat users. Likewise, 64.75% of users gave Progress Software an outperform vote while only 51.62% of users gave C3.ai an outperform vote.

CompanyUnderperformOutperform
C3.aiOutperform Votes
366
51.62%
Underperform Votes
343
48.38%
Progress SoftwareOutperform Votes
439
64.75%
Underperform Votes
239
35.25%

Progress Software has a net margin of 9.67% compared to Progress Software's net margin of -95.21%. C3.ai's return on equity of 36.62% beat Progress Software's return on equity.

Company Net Margins Return on Equity Return on Assets
C3.ai-95.21% -29.60% -25.12%
Progress Software 9.67%36.62%10.30%

Summary

Progress Software beats C3.ai on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PRGS 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$2.21B$20.85B$18.84B$7.58B
Dividend Yield1.39%2.18%2.75%3.94%
P/E Ratio32.6953.80198.5314.23
Price / Sales3.189.17514.0283.16
Price / Cash8.1567.3627.8927.95
Price / Book4.779.976.914.49
Net Income$70.20M$363.38M$617.02M$212.02M
7 Day Performance-1.66%3.19%4.72%3.92%
1 Month Performance-5.57%-4.27%-0.93%-3.25%
1 Year Performance-8.27%19.90%19.12%7.21%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AI
C3.ai
3.013 of 5 stars
$22.34
+3.6%
$29.91
+33.9%
+28.1%$2.73B$266.80M-9.59914
CVLT
Commvault Systems
0.8795 of 5 stars
$97.17
+1.7%
$85.60
-11.9%
+68.7%$4.18B$819.43M-3,237.922,779Upcoming Earnings
UPLD
Upland Software
3.5392 of 5 stars
$2.21
-2.6%
$3.83
+73.5%
-40.1%$61.57M$297.85M-0.381,061Upcoming Earnings
QLYS
Qualys
1.7364 of 5 stars
$171.54
+1.8%
$153.23
-10.7%
+50.8%$6.34B$554.46M42.462,188Analyst Report
INTA
Intapp
3.406 of 5 stars
$30.91
+1.0%
$49.22
+59.2%
-20.9%$2.26B$350.87M-38.641,150
ALKT
Alkami Technology
2.2526 of 5 stars
$24.57
+2.5%
$26.10
+6.2%
+104.5%$2.40B$264.83M-37.23917Upcoming Earnings
AVDX
AvidXchange
2.1684 of 5 stars
$12.03
+2.2%
$13.07
+8.6%
+61.0%$2.46B$380.72M-52.301,600Short Interest ↓
PD
PagerDuty
3.2524 of 5 stars
$21.05
+3.5%
$27.25
+29.5%
-30.7%$1.95B$430.70M-23.921,182Positive News
SWI
SolarWinds
3.571 of 5 stars
$11.17
+1.6%
$13.50
+20.9%
+29.0%$1.88B$758.74M-223.302,103Upcoming Earnings
APPN
Appian
4.3248 of 5 stars
$36.59
+4.2%
$48.86
+33.5%
+0.0%$2.69B$545.36M-23.922,243

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This page (NASDAQ:PRGS) was last updated on 4/29/2024 by MarketBeat.com Staff

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