PROS's (PRO) "Sell (E+)" Rating Reiterated at Weiss Ratings

Key Points

• PROS's stock has been given a "sell (e+)" rating by Weiss Ratings, with three analysts rating it as a buy, six as hold, and one as sell, leading to an average target price of $23.75.
• The stock opened at $22.97 and has experienced a 52-week range from $13.61 to $29.84, indicating significant volatility.
• In the latest quarterly earnings, PROS reported $0.13 EPS, surpassing analyst expectations, and outlined revenue growth of 8.2% year-over-year, highlighting the company's competitive performance.

PROS (NYSE:PRO - Get Free Report)'s stock had its "sell (e+)" rating restated by equities researchers at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Other equities research analysts have also recently issued reports about the company. Northland Securities set a $23.25 price objective on PROS in a research note on Tuesday, September 30th. Stifel Nicolaus decreased their price target on PROS from $24.00 to $20.00 and set a "buy" rating on the stock in a research report on Tuesday, July 8th. Wall Street Zen upgraded PROS from a "hold" rating to a "buy" rating in a research report on Sunday, July 13th. Northland Capmk cut PROS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 30th. Finally, Robert W. Baird cut PROS from an "outperform" rating to a "neutral" rating and decreased their price target for the company from $27.00 to $18.00 in a research report on Monday, June 16th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, PROS has an average rating of "Hold" and an average target price of $23.75.

PROS Stock Performance

Shares of PROS stock opened at $22.97 on Wednesday. PROS has a 52-week low of $13.61 and a 52-week high of $29.84. The stock's 50-day simple moving average is $17.16 and its 200 day simple moving average is $17.02. The stock has a market capitalization of $1.10 billion, a P/E ratio of -104.41 and a beta of 1.05.

PROS (NYSE:PRO - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The software maker reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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. During the same quarter in the prior year, the firm posted $0.07 earnings per share. The company's revenue was up 8.2% on a year-over-year basis. PROS has set its FY 2025 guidance at EPS. Q3 2025 guidance at 0.150-0.17 EPS. Equities research analysts forecast that PROS will post -0.2 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of PROS by 3.1% in the first quarter. Vanguard Group Inc. now owns 5,847,056 shares of the software maker's stock worth $111,269,000 after purchasing an additional 176,926 shares during the last quarter. Disciplined Growth Investors Inc. MN increased its position in shares of PROS by 30.4% in the second quarter. Disciplined Growth Investors Inc. MN now owns 1,400,778 shares of the software maker's stock worth $21,936,000 after purchasing an additional 326,673 shares during the last quarter. Nuveen LLC bought a new position in shares of PROS in the first quarter worth approximately $23,893,000. Tensile Capital Management LP increased its position in shares of PROS by 0.7% in the first quarter. Tensile Capital Management LP now owns 1,012,362 shares of the software maker's stock worth $19,265,000 after purchasing an additional 6,749 shares during the last quarter. Finally, Westerly Capital Management LLC increased its position in shares of PROS by 244.5% in the second quarter. Westerly Capital Management LLC now owns 999,000 shares of the software maker's stock worth $15,644,000 after purchasing an additional 709,000 shares during the last quarter. 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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