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 Down 1.6 %

Shares of NYSE:PRO opened at $25.87 on Friday. The company's 50-day simple moving average is $26.68 and its 200-day simple moving average is $28.63. PROS has a 52-week low of $22.21 and a 52-week high of $44.88. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of -12.56 and a beta of 1.38. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 80.44.

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

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Robert W. Baird reduced their target price on shares of PROS from $40.00 to $30.00 in a report on Friday, July 29th. Needham & Company LLC dropped their price target on shares of PROS from $51.00 to $35.00 and set a "buy" rating on the stock in a research report on Friday, July 29th. Finally, Craig Hallum dropped their price target on shares of PROS from $35.00 to $30.00 in a research report on Friday, July 29th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, PROS presently has an average rating of "Moderate Buy" and a consensus price target of $35.00.

Insider Activity

In other news, Director Timothy V. Williams sold 2,194 shares of PROS stock in a transaction dated Friday, May 13th. The shares were sold at an average price of $24.91, for a total value of $54,652.54. Following the sale, the director now owns 115,986 shares in the company, valued at $2,889,211.26. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 10.50% of the company's stock.