PROS Holdings, Inc. (PRO) Rating Reiterated by William Blair

PROS Holdings, Inc. (NYSE:PRO)‘s stock had its “outperform” rating reiterated by stock analysts at William Blair in a research note issued to investors on Monday.

Several other analysts have also recently weighed in on PRO. Deutsche Bank AG reiterated a “buy” rating and issued a $25.00 price target (down previously from $27.00) on shares of PROS Holdings in a report on Wednesday, November 2nd. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price target (up previously from $22.00) on shares of PROS Holdings in a report on Thursday, November 3rd. J P Morgan Chase & Co upgraded shares of PROS Holdings from a “neutral” rating to an “overweight” rating and set a $30.00 price target on the stock in a report on Friday, November 11th. Finally, JMP Securities reiterated a “hold” rating on shares of PROS Holdings in a report on Friday, November 11th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $27.67.

Shares of PROS Holdings (NYSE:PRO) opened at 23.78 on Monday. PROS Holdings has a 12-month low of $10.06 and a 12-month high of $25.66. The firm’s market capitalization is $727.26 million. The firm has a 50-day moving average of $21.86 and a 200 day moving average of $21.59.

PROS Holdings (NYSE:PRO) last released its quarterly earnings results on Tuesday, February 7th. The company reported ($0.21) earnings per share for the quarter, beating the consensus estimate of ($0.26) by $0.05. The business had revenue of $39.90 million for the quarter, compared to analysts’ expectations of $38.18 million. PROS Holdings had a negative net margin of 49.08% and a negative return on equity of 208.19%. The firm’s revenue for the quarter was down 6.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.09) earnings per share. On average, equities research analysts expect that PROS Holdings will post ($0.89) earnings per share for the current year.

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Several hedge funds have recently made changes to their positions in PRO. Broadview Advisors LLC boosted its stake in shares of PROS Holdings by 43.0% in the second quarter. Broadview Advisors LLC now owns 321,275 shares of the company’s stock worth $5,600,000 after buying an additional 96,550 shares during the period. Schwab Charles Investment Management Inc. raised its position in PROS Holdings by 28.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 102,633 shares of the company’s stock valued at $1,789,000 after buying an additional 22,818 shares in the last quarter. Conestoga Capital Advisors LLC raised its position in PROS Holdings by 2.3% in the third quarter. Conestoga Capital Advisors LLC now owns 1,367,151 shares of the company’s stock valued at $30,911,000 after buying an additional 30,290 shares in the last quarter. Rockefeller Financial Services Inc. raised its position in PROS Holdings by 17.0% in the third quarter. Rockefeller Financial Services Inc. now owns 813,548 shares of the company’s stock valued at $18,394,000 after buying an additional 118,391 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in PROS Holdings by 1.7% in the third quarter. Wells Fargo & Company MN now owns 11,393 shares of the company’s stock valued at $258,000 after buying an additional 191 shares in the last quarter. Hedge funds and other institutional investors own 91.13% of the company’s stock.

PROS Holdings Company Profile

PROS Holdings, Inc provides enterprise revenue and profit realization software solutions. The Company’s software solutions are designed to help business-to-business (B2B) and business-to-consumer (B2C) companies. The Company also provides professional services to implement its software applications. The Company provides its solutions to enterprises across a range of industries, including manufacturing, distribution, services and travel.

5 Day Chart for NYSE:PRO

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