Progress Software (NASDAQ:PRGS – Get Free Report) and Greenidge Generation (NASDAQ:GREE – Get Free Report) are both small-cap technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, risk, institutional ownership, dividends, earnings, analyst recommendations and profitability.
Analyst Recommendations
This is a breakdown of recent recommendations and price targets for Progress Software and Greenidge Generation, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Progress Software | 0 | 2 | 5 | 1 | 2.88 |
| Greenidge Generation | 1 | 0 | 0 | 0 | 1.00 |
Progress Software presently has a consensus price target of $52.17, suggesting a potential upside of 27.73%. Given Progress Software’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Progress Software is more favorable than Greenidge Generation.
Profitability
This table compares Progress Software and Greenidge Generation’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Progress Software | 9.24% | 42.91% | 9.09% |
| Greenidge Generation | 10.38% | -12.10% | 12.35% |
Volatility & Risk
Progress Software has a beta of 0.89, indicating that its share price is 11% less volatile than the S&P 500. Comparatively, Greenidge Generation has a beta of 3.02, indicating that its share price is 202% more volatile than the S&P 500.
Valuation and Earnings
This table compares Progress Software and Greenidge Generation”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Progress Software | $977.83 million | 1.71 | $73.13 million | $2.17 | 18.82 |
| Greenidge Generation | $60.37 million | 0.36 | $5.29 million | $0.38 | 3.42 |
Progress Software has higher revenue and earnings than Greenidge Generation. Greenidge Generation is trading at a lower price-to-earnings ratio than Progress Software, indicating that it is currently the more affordable of the two stocks.
Insider and Institutional Ownership
8.5% of Greenidge Generation shares are held by institutional investors. 4.1% of Progress Software shares are held by company insiders. Comparatively, 28.4% of Greenidge Generation shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Summary
Progress Software beats Greenidge Generation on 10 of the 15 factors compared between the two stocks.
About Progress Software
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 Greenidge Generation
Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenter in New York, as well as hosts, powers, and provides technical support and other related services to bitcoin mining equipment owned by customers. It also owns and operates a 106 MW nameplate capacity power generation facility. The company was founded in 1937 and is based in Fairfield, Connecticut.
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