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.
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.
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