PROS (NYSE:PRO) Share Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• PROS Holdings, Inc. share price has crossed above its 200-day moving average, with the current price at $22.97, up from a moving average of $17.02.
• Research analysts have adjusted their ratings, with Stifel Nicolaus lowering their price target from $24.00 to $20.00 and KeyCorp downgrading to "sector weight."
• PROS reported a quarterly earnings per share (EPS) of $0.13, exceeding the consensus estimate of $0.06, alongside an 8.2% year-over-year revenue growth.

PROS Holdings, Inc. (NYSE:PRO - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $17.02 and traded as high as $22.98. PROS shares last traded at $22.97, with a volume of 1,550,463 shares trading hands.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on PRO shares. Stifel Nicolaus decreased their price objective on shares of PROS from $24.00 to $20.00 and set a "buy" rating for the company in a research report on Tuesday, July 8th. Northland Securities set a $23.25 price objective on shares of PROS in a research report on Tuesday, September 30th. Weiss Ratings reissued a "sell (e+)" rating on shares of PROS in a research report on Wednesday. KeyCorp downgraded shares of PROS from an "overweight" rating to a "sector weight" rating in a report on Tuesday, September 23rd. Finally, Robert W. Baird downgraded shares of PROS from an "outperform" rating to a "neutral" rating and reduced their target price for the stock from $27.00 to $18.00 in a report on Monday, June 16th. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, PROS currently has a consensus rating of "Hold" and a consensus price target of $23.75.

PROS Trading Up 0.1%

The firm's 50-day moving average price is $17.16 and its 200 day moving average price is $17.02. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of -104.41 and a beta of 1.05.

PROS (NYSE:PRO - Get Free Report) last issued its earnings results on Thursday, July 31st. The software maker reported $0.13 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 analyst estimates of $87.70 million. PROS's quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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 research analysts anticipate that PROS Holdings, Inc. will post -0.2 earnings per share for the current fiscal year.

Institutional Investors Weigh In On PROS

Several hedge funds and other institutional investors have recently made changes to their positions in PRO. Nuveen LLC bought a new stake in shares of PROS during the 1st quarter valued at approximately $23,893,000. Westerly Capital Management LLC grew its holdings in PROS by 244.5% during the 2nd quarter. Westerly Capital Management LLC now owns 999,000 shares of the software maker's stock worth $15,644,000 after acquiring an additional 709,000 shares during the last quarter. EVR Research LP grew its holdings in PROS by 939.7% during the 1st quarter. EVR Research LP now owns 727,822 shares of the software maker's stock worth $13,850,000 after acquiring an additional 657,822 shares during the last quarter. Wasatch Advisors LP bought a new stake in PROS during the 2nd quarter worth approximately $9,716,000. Finally, Marshall Wace LLP grew its holdings in PROS by 290.9% during the 2nd quarter. Marshall Wace LLP now owns 830,894 shares of the software maker's stock worth $13,012,000 after acquiring an additional 618,344 shares during the last quarter. 94.27% of the stock is 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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