Progress Software (PRGS) Competitors

$51.55
+0.35 (+0.68%)
(As of 11:31 AM ET)

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

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

Progress Software vs.

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

39.0% of C3.ai shares are owned by institutional investors. 3.3% of Progress Software shares are owned by insiders. Comparatively, 34.0% of C3.ai shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Progress Software has a beta of 0.95, meaning that its stock price is 5% less volatile than the S&P 500. Comparatively, C3.ai has a beta of 1.74, meaning that its stock price is 74% more volatile than the S&P 500.

Progress Software presently has a consensus price target of $64.60, indicating a potential upside of 26.17%. C3.ai has a consensus price target of $31.50, indicating a potential upside of 19.91%. Given Progress Software's stronger consensus rating and higher probable upside, analysts clearly believe Progress Software is more favorable than C3.ai.

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

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

Company Net Margins Return on Equity Return on Assets
Progress Software9.67% 36.62% 10.30%
C3.ai -95.21%-29.60%-25.12%

In the previous week, C3.ai had 2 more articles in the media than Progress Software. MarketBeat recorded 8 mentions for C3.ai and 6 mentions for Progress Software. Progress Software's average media sentiment score of 0.81 beat C3.ai's score of 0.19 indicating that Progress Software is being referred to more favorably in the media.

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

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

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
Progress Software$694.44M3.19$70.20M$1.5433.25
C3.ai$266.80M12.02-$268.84M-$2.33-11.27

Summary

Progress Software beats C3.ai on 13 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$21.37B$20.41B$7.86B
Dividend Yield1.37%2.06%2.73%3.93%
P/E Ratio33.2577.46263.2118.35
Price / Sales3.1911.64545.2981.99
Price / Cash8.2465.8428.7028.46
Price / Book4.859.897.154.48
Net Income$70.20M$366.69M$631.45M$216.67M
7 Day Performance0.20%0.85%1.14%1.64%
1 Month Performance2.28%4.94%3.61%3.94%
1 Year Performance-8.70%19.25%31.52%9.96%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AI
C3.ai
2.0969 of 5 stars
$24.77
flat
$31.50
+27.2%
+35.3%$3.02B$266.80M-10.63914Gap Up
UPLD
Upland Software
4.0518 of 5 stars
$3.36
+5.3%
$4.17
+24.0%
+2.8%$92.70M$297.85M-0.711,061High Trading Volume
CVLT
Commvault Systems
2.6181 of 5 stars
$109.00
+0.1%
$114.25
+4.8%
+72.9%$4.76B$839.25M28.992,779Positive News
QLYS
Qualys
2.4461 of 5 stars
$165.98
-2.5%
$157.62
-5.0%
+30.1%$6.13B$554.46M41.082,188Analyst Forecast
SEMR
Semrush
1.1751 of 5 stars
$14.65
+11.2%
$13.50
-7.8%
+83.9%$2.12B$307.67M1,466.471,390High Trading Volume
APPN
Appian
4.5346 of 5 stars
$31.83
-3.5%
$46.43
+45.9%
-5.2%$2.34B$545.36M-21.652,243Short Interest ↑
INTA
Intapp
2.7144 of 5 stars
$33.15
+2.9%
$47.78
+44.1%
-14.9%$2.42B$350.87M-41.441,150
SWI
SolarWinds
3.8871 of 5 stars
$11.71
-0.8%
$13.80
+17.8%
+36.7%$1.97B$758.74M167.292,103
AVDX
AvidXchange
2.5329 of 5 stars
$11.99
-1.2%
$13.14
+9.6%
+31.4%$2.48B$380.72M-52.131,600Analyst Forecast
Short Interest ↑
PD
PagerDuty
3.328 of 5 stars
$20.12
-3.1%
$27.25
+35.4%
-28.5%$1.92B$430.70M-22.861,182Gap Up

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This page (NASDAQ:PRGS) was last updated on 5/15/2024 by MarketBeat.com Staff

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