PROS Holdings, Inc. (PRO) to Release Earnings on Monday
PROS Holdings, Inc. (NYSE:PRO) will be posting its quarterly earnings results after the market closes on Monday, October 30th. Analysts expect PROS Holdings to post earnings of ($0.23) per share for the quarter. PROS Holdings has set its Q3 guidance at ($0.24)-($0.23) EPS.
PROS Holdings (NYSE:PRO) last posted its earnings results on Thursday, August 3rd. The software maker reported ($0.35) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.39) by $0.04. PROS Holdings had a negative return on equity of 2,114.05% and a negative net margin of 46.55%. The company had revenue of $40.40 million for the quarter, compared to analyst estimates of $39.48 million. During the same quarter last year, the company earned ($0.26) earnings per share. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. On average, analysts expect PROS Holdings to post $-1.53 EPS for the current fiscal year and $-1.17 EPS for the next fiscal year.
PROS Holdings, Inc. (PRO) traded down 0.04% on Monday, hitting $25.20. The stock had a trading volume of 9,494 shares. PROS Holdings, Inc. has a 1-year low of $20.34 and a 1-year high of $30.49. The company’s market cap is $801.06 million. The stock has a 50 day moving average price of $24.66 and a 200 day moving average price of $26.23.
In related news, Director Ronald F. Woestemeyer sold 50,000 shares of the company’s stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of $25.51, for a total value of $1,275,500.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Andres Reiner sold 8,175 shares of the company’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $26.12, for a total value of $213,531.00. Following the completion of the sale, the chief executive officer now owns 415,815 shares in the company, valued at approximately $10,861,087.80. The disclosure for this sale can be found here. Insiders sold a total of 86,350 shares of company stock worth $2,296,808 in the last 90 days. 18.90% of the stock is currently owned by company insiders.
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PRO has been the topic of several recent research reports. Pacific Crest upped their price target on PROS Holdings from $30.00 to $35.00 and gave the stock an “overweight” rating in a research note on Thursday, June 29th. Stifel Nicolaus restated a “hold” rating and issued a $28.00 price target on shares of PROS Holdings in a research note on Sunday, October 8th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $31.60.
About PROS Holdings
PROS Holdings, Inc (PROS) is a provider of revenue and profit realization solutions. The Company provides its solutions to enterprises across the manufacturing, distribution, services, and travel industries, including automotive and industrial, business-to-business (B2B) services, cargo, chemicals and energy, consumer goods, insurance, food and beverage, healthcare, high tech and travel.
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