AvePoint (NASDAQ:AVPT) & Progress Software (NASDAQ:PRGS) Head to Head Review

Progress Software (NASDAQ:PRGSGet Free Report) and AvePoint (NASDAQ:AVPTGet Free Report) are both computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, analyst recommendations, institutional ownership, dividends, profitability, valuation and risk.

Insider and Institutional Ownership

44.5% of AvePoint shares are held by institutional investors. 3.3% of Progress Software shares are held by company insiders. Comparatively, 27.8% of AvePoint shares are held by company 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.

Valuation & Earnings

This table compares Progress Software and AvePoint’s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Progress Software $694.44 million 3.05 $70.20 million $1.54 31.80
AvePoint $286.79 million 6.30 -$21.50 million ($0.08) -121.88

Progress Software has higher revenue and earnings than AvePoint. AvePoint is trading at a lower price-to-earnings ratio than Progress Software, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

Progress Software has a beta of 0.93, suggesting that its share price is 7% less volatile than the S&P 500. Comparatively, AvePoint has a beta of 0.87, suggesting that its share price is 13% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Progress Software and AvePoint, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progress Software 0 1 4 0 2.80
AvePoint 0 1 3 0 2.75

Progress Software currently has a consensus price target of $64.60, suggesting a potential upside of 31.92%. AvePoint has a consensus price target of $12.00, suggesting a potential upside of 23.08%. Given Progress Software’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Progress Software is more favorable than AvePoint.

Profitability

This table compares Progress Software and AvePoint’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Progress Software 9.67% 36.62% 10.30%
AvePoint -4.91% -6.56% -3.34%

Summary

Progress Software beats AvePoint on 11 of the 14 factors compared between the two stocks.

About Progress Software

(Get Free Report)

Progress Software Corporation develops, deploys, and manages business applications in the United States and internationally. The company offers OpenEdge, an application development platform for running business-critical applications; Chef, a DevOps/DevSecOps automation software; Developer Tools that consists of software development tooling collection, including .NET and JavaScript UI components for web, desktop and mobile applications, reporting and report management tools, and automated testing and mocking tools; Kemp LoadMaster, an application delivery and security product offering cloud-native, and virtual and hardware load balancers; and Sitefinity, a digital experience platform foundation delivering intelligent and ROI-driving tools for marketers. It also provides MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data and SaaS data sources; WhatsUp Gold, a network infrastructure monitoring software providing complete visibility of all network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems; Flowmon, a network security and visibility product with automated response across hybrid cloud ecosystems; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; MarkLogic, a data agility platform to connect data and metadata; and Semaphore, a Semantic AI platform. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications; and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

About AvePoint

(Get Free Report)

AvePoint, Inc. provides cloud-native data management software platform in North America, Europe, Middle East, Africa, and Asia Pacific. It also offers software-as-a-service solutions and productivity applications. The company offers modularity and cloud services architecture to address critical challenges and the management of data to organizations that leverage third-party cloud vendors, including Microsoft, Salesforce, Google, AWS, Box, DropBox, and others; license and support; and maintenance services. AvePoint, Inc. was incorporated in 2001 and is headquartered in Jersey City, New Jersey.

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