Wall Street analysts expect PROS Holdings, Inc. (NYSE:PRO) to announce earnings of ($0.08) per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for PROS’s earnings. PROS reported earnings per share of ($0.06) during the same quarter last year, which suggests a negative year over year growth rate of 33.3%. The company is scheduled to report its next earnings report on Thursday, February 6th.
On average, analysts expect that PROS will report full year earnings of ($0.34) per share for the current financial year, with EPS estimates ranging from ($0.40) to ($0.32). For the next fiscal year, analysts anticipate that the firm will report earnings of ($0.18) per share, with EPS estimates ranging from ($0.29) to ($0.08). Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that follow PROS.
PROS (NYSE:PRO) last announced its earnings results on Thursday, October 24th. The software maker reported ($0.06) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.02. The business had revenue of $64.20 million during the quarter, compared to analyst estimates of $63.32 million. PROS had a negative return on equity of 41.04% and a negative net margin of 27.26%. PROS’s revenue for the quarter was up 30.8% compared to the same quarter last year. During the same period last year, the company earned ($0.13) EPS.
Several research analysts have recently weighed in on PRO shares. Zacks Investment Research lowered PROS from a “buy” rating to a “hold” rating in a research report on Tuesday, October 29th. Needham & Company LLC reissued a “buy” rating and issued a $80.00 price objective on shares of PROS in a research report on Tuesday, October 29th. KeyCorp lifted their price objective on PROS from $77.00 to $80.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 27th. Craig Hallum lowered their price objective on PROS to $80.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Finally, ValuEngine raised PROS from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $72.00.
In other news, CEO Andres Reiner sold 23,595 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $50.62, for a total value of $1,194,378.90. Following the transaction, the chief executive officer now owns 697,072 shares in the company, valued at approximately $35,285,784.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Stefan B. Schulz sold 11,250 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $52.53, for a total value of $590,962.50. Following the completion of the transaction, the chief financial officer now owns 219,956 shares in the company, valued at approximately $11,554,288.68. The disclosure for this sale can be found here. Insiders sold a total of 88,797 shares of company stock worth $5,304,734 in the last 90 days. Company insiders own 13.70% of the company’s stock.
Several large investors have recently bought and sold shares of PRO. Strs Ohio bought a new stake in PROS during the 2nd quarter valued at $25,000. Russell Investments Group Ltd. purchased a new stake in shares of PROS during the third quarter valued at approximately $72,000. SRS Capital Advisors Inc. purchased a new stake in shares of PROS during the second quarter valued at approximately $145,000. Stephens Inc. AR grew its holdings in shares of PROS by 8.4% during the third quarter. Stephens Inc. AR now owns 2,331 shares of the software maker’s stock valued at $139,000 after buying an additional 180 shares during the last quarter. Finally, Convergence Investment Partners LLC purchased a new stake in shares of PROS during the third quarter valued at approximately $147,000. 91.91% of the stock is currently owned by institutional investors.
PRO stock opened at $52.06 on Wednesday. The stock has a 50-day moving average price of $57.14 and a 200-day moving average price of $61.15. PROS has a 1-year low of $28.18 and a 1-year high of $75.39. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.85. The firm has a market cap of $2.22 billion, a PE ratio of -47.76 and a beta of 1.08.
PROS Holdings, Inc offers artificial intelligence (AI) solutions that power commerce in the digital economy worldwide. The company's solutions enable buying experiences for business-to-business (B2B) and business-to-consumer companies. It delivers its cloud-based solutions through the Internet as a Service on a subscription basis.
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