Pros Holdings (PRO) Announces Quarterly Earnings, Beats Estimates By $0.04 EPS
Pros Holdings (NYSE:PRO) released its earnings data on Monday. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.04, Analyst Ratings Net reports. The company had revenue of $36.80 million for the quarter, compared to the consensus estimate of $36.60 million. During the same quarter in the previous year, the company posted $0.11 earnings per share. The company’s revenue for the quarter was up 23.1% on a year-over-year basis. Pros Holdings updated its Q4 guidance to $0.12-0.14 EPS.
PRO has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Pros Holdings from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, October 29th. They now have a $38.70 price target on the stock. On the ratings front, analysts at Stifel Nicolaus raised their price target on shares of Pros Holdings from $35.00 to $40.00 in a research note to investors on Friday, October 25th. They now have a “buy” rating on the stock. Finally, analysts at William Blair initiated coverage on shares of Pros Holdings in a research note to investors on Tuesday, October 8th. They set an “outperform” rating on the stock. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $33.84.
Shares of Pros Holdings (NYSE:PRO) traded up 2.69% on Monday, hitting $34.73. 116,805 shares of the company’s stock traded hands. Pros Holdings has a 52-week low of $16.32 and a 52-week high of $37.01. The stock has a 50-day moving average of $33.61 and a 200-day moving average of $30.9. The company has a market cap of $974.9 million and a price-to-earnings ratio of 198.94.
PROS Holdings, Inc is a big data software company. The Company offers big data solutions to optimize sales, pricing, quoting, rebates and revenue management across more than 30 industries.
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