PROS - PRO Stock Forecast, Price & News

PROS Holdings, Inc. provides solutions that optimize the processes of selling and shopping in the digital economy worldwide. 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 that enables businesses to optimize, personalize and harmonize pricing across the complexity of their go-to-market channels in the context of dynamic market and competitive conditions. It offers PROS Airline Revenue Optimization; PROS Airline Revenue Management solution that delivers algorithmic forecasting and network optimization for the travel industry; PROS Airline Real-Time Dynamic Pricing that offers accurate booking class availability and seat prices; and PROS Airline Group Sales Optimizer which enables airlines and their travel agent partners to create and manage group bookings, contracts, and policies. Further, it provides PROS Digital Retail, a configurable end-to-end solution for airlines to optimize the traveler experience from inspiration to post-trip; and PROS digital offer marketing solutions provide performance content management and search engine marketing tools that enable businesses in the travel industry. Additionally, the company offers software-related services, such as implementation, configuration, consulting, training, and maintenance and support services. It sells its software solutions to customers in various industries, including automotive and industrial manufacturing, transportation and logistics, chemicals and energy, food and beverage, healthcare, high tech, and travel. The company markets and sells its software solutions through its sales force, as well as through partners, resellers, and systems integrators. PROS Holdings, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.

PROS Stock Performance

Shares of PRO Stock traded up $0.82 during trading hours on Monday, reaching $26.69. 133,772 shares of the company's stock were exchanged, compared to its average volume of 290,982. The company has a market cap of $1.21 billion, a P/E ratio of -12.96 and a beta of 1.38. The company's 50 day moving average is $26.68 and its two-hundred day moving average is $28.65. PROS has a 1 year low of $22.21 and a 1 year high of $44.63. The company has a debt-to-equity ratio of 80.44, a current ratio of 1.70 and a quick ratio of 1.70.

PROS (NYSE:PRO - Get Rating) last issued its earnings results on Thursday, July 28th. The software maker reported ($0.14) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.16) by $0.02. The business had revenue of $68.40 million during the quarter, compared to the consensus estimate of $66.86 million. PROS had a negative return on equity of 781.16% and a negative net margin of 35.12%. The company's revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the prior year, the business posted ($0.34) EPS. Equities research analysts anticipate that PROS will post -1.64 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have commented on PRO. Craig Hallum reduced their price objective on PROS from $35.00 to $30.00 in a research note on Friday, July 29th. Robert W. Baird reduced their price objective on PROS from $40.00 to $30.00 in a research note on Friday, July 29th. Finally, Needham & Company LLC reduced their price objective on PROS from $51.00 to $35.00 and set a "buy" rating for the company in a research note on Friday, July 29th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $35.00.

Insider Transactions at PROS

In other news, Director Timothy V. Williams sold 2,194 shares of the stock in a transaction that occurred on Friday, May 13th. The stock was sold at an average price of $24.91, for a total transaction of $54,652.54. Following the completion of the transaction, the director now directly owns 115,986 shares of the company's stock, valued at approximately $2,889,211.26. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 10.10% of the company's stock.