PROS (NYSE:PRO) Sees Strong Trading Volume - Should You Buy?

Key Points

• PROS Holdings, Inc. experienced a significant increase in trading volume, with around 865,004 shares traded, marking an 11% rise from the previous session.
• Several analysts have issued mixed ratings on PROS, with a consensus rating of "Moderate Buy" and a revised price target averaging $25.86.
• PROS reported $0.13 earnings per share for its last quarter, exceeding estimates and indicating an 8.2% year-over-year revenue growth.

Shares of PROS Holdings, Inc. (NYSE:PRO - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 865,004 shares were traded during trading, an increase of 11% from the previous session's volume of 778,924 shares.The stock last traded at $22.91 and had previously closed at $23.02.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on PRO shares. Baird R W downgraded PROS from a "strong-buy" rating to a "hold" rating in a research report on Monday, June 16th. Wall Street Zen upgraded PROS from a "hold" rating to a "buy" rating in a report on Sunday, July 13th. Robert W. Baird downgraded PROS from an "outperform" rating to a "neutral" rating and lowered their target price for the stock from $27.00 to $18.00 in a report on Monday, June 16th. Needham & Company LLC downgraded PROS from a "buy" rating to a "hold" rating and set a $25.00 target price for the company. in a report on Tuesday. Finally, Stifel Nicolaus lowered their target price on PROS from $24.00 to $20.00 and set a "buy" rating for the company in a report on Tuesday, July 8th. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $25.86.

PROS Price Performance

The stock has a market capitalization of $1.10 billion, a P/E ratio of -103.84 and a beta of 1.02. The company has a 50 day simple moving average of $15.46 and a 200-day simple moving average of $16.79.

PROS (NYSE:PRO - Get Free Report) last issued its earnings results on Thursday, July 31st. The software maker reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.07. The firm had revenue of $88.72 million during the quarter, compared to the consensus estimate of $87.70 million. The business's quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.07 earnings per share. PROS has set its FY 2025 guidance at EPS. Q3 2025 guidance at 0.150-0.17 EPS. As a group, equities analysts forecast that PROS Holdings, Inc. will post -0.2 earnings per share for the current fiscal year.

Institutional Trading of PROS

Several hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC raised its stake 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 valued at $41,000 after purchasing an additional 2,092 shares during the period. FNY Investment Advisers LLC bought a new stake in shares of PROS during the 2nd quarter valued at $70,000. Tower Research Capital LLC TRC raised its stake in shares of PROS by 319.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,851 shares of the software maker's stock valued at $107,000 after purchasing an additional 5,217 shares during the period. CWM LLC raised its stake in shares of PROS by 153.6% during the 1st quarter. CWM LLC now owns 7,666 shares of the software maker's stock valued at $146,000 after purchasing an additional 4,643 shares during the period. Finally, State of Wyoming raised its stake in shares of PROS by 226.5% during the 4th quarter. State of Wyoming now owns 6,850 shares of the software maker's stock valued at $150,000 after purchasing an additional 4,752 shares during the period. 94.27% of the stock is currently owned by institutional investors.

About PROS

PROS 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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