Shares of PROS Holdings, Inc. (NYSE:PRO - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the nine analysts that are presently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $28.00.
PRO has been the topic of a number of recent research reports. Stifel Nicolaus lowered their target price on PROS from $30.00 to $24.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. KeyCorp lowered their price target on PROS from $31.00 to $22.00 and set an "overweight" rating on the stock in a research report on Friday, May 2nd. Wall Street Zen cut PROS from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, May 7th. Needham & Company LLC reissued a "buy" rating and issued a $25.00 target price on shares of PROS in a research note on Thursday, June 12th. Finally, Northland Securities set a $38.00 price target on shares of PROS in a research report on Wednesday, May 28th.
Check Out Our Latest Analysis on PRO
PROS Stock Performance
PROS stock traded up $0.52 during midday trading on Friday, reaching $14.60. The stock had a trading volume of 1,022,816 shares, compared to its average volume of 590,791. The stock has a market capitalization of $698.61 million, a P/E ratio of -52.14 and a beta of 1.03. The firm's fifty day simple moving average is $17.14 and its 200-day simple moving average is $20.60. PROS has a 1-year low of $13.61 and a 1-year high of $29.84.
PROS (NYSE:PRO - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The software maker reported $0.13 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.01. The business had revenue of $86.32 million during the quarter, compared to the consensus estimate of $85.69 million. The business's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.04 EPS. On average, sell-side analysts anticipate that PROS will post -0.2 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. acquired a new stake in PROS during the fourth quarter worth approximately $30,000. Ancora Advisors LLC bought a new position in PROS in the 4th quarter valued at about $33,000. Quadrant Capital Group LLC raised its position in shares of PROS by 153.3% in the 4th quarter. Quadrant Capital Group LLC now owns 1,530 shares of the software maker's stock valued at $34,000 after buying an additional 926 shares in the last quarter. Comerica Bank lifted its holdings in shares of PROS by 264.5% during the 4th quarter. Comerica Bank now owns 1,571 shares of the software maker's stock worth $34,000 after acquiring an additional 1,140 shares during the period. Finally, GAMMA Investing LLC boosted its position in shares of PROS by 2,716.9% during the 1st quarter. GAMMA Investing LLC now owns 2,169 shares of the software maker's stock worth $41,000 after acquiring an additional 2,092 shares in the last quarter. 94.27% of the stock is owned by institutional investors and hedge funds.
PROS Company Profile
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Get Free ReportPROS Holdings, Inc provides software solutions that optimize the processes of selling and shopping in the digital economy in Europe, the Asia Pacific, the Middle East, Africa, and internationally. The company offers PROS Smart Configure Price Quote that improves sales productivity and accelerate deal velocity by automating common sales tasks; and PROS Smart Price Optimization and Management, which enables businesses to optimize, personalize, and harmonize pricing.
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