Brokerages expect that PROS Holdings, Inc. (NYSE:PRO) will report sales of $44.78 million for the current fiscal quarter, Zacks reports. Five analysts have issued estimates for PROS’s earnings, with the lowest sales estimate coming in at $44.24 million and the highest estimate coming in at $45.45 million. PROS reported sales of $39.93 million during the same quarter last year, which indicates a positive year-over-year growth rate of 12.1%. The company is expected to report its next quarterly earnings results after the market closes on Tuesday, February 6th.

On average, analysts expect that PROS will report full-year sales of $44.78 million for the current fiscal year, with estimates ranging from $166.71 million to $167.92 million. For the next year, analysts anticipate that the company will post sales of $186.13 million per share, with estimates ranging from $185.86 million to $186.46 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that cover PROS.

PROS (NYSE:PRO) last issued its earnings results on Thursday, October 26th. The software maker reported ($0.22) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.23) by $0.01. The firm had revenue of $41.94 million during the quarter, compared to the consensus estimate of $41.07 million. During the same period last year, the firm posted ($0.19) earnings per share. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year.

Several equities research analysts have weighed in on the company. Zacks Investment Research raised PROS from a “hold” rating to a “buy” rating and set a $25.00 price objective on the stock in a research note on Thursday, November 2nd. Needham & Company LLC reissued a “buy” rating and set a $35.00 price objective on shares of PROS in a research note on Tuesday, October 24th. ValuEngine cut PROS from a “hold” rating to a “sell” rating in a research note on Friday, October 27th. Finally, Stifel Nicolaus restated a “hold” rating and set a $28.00 target price on shares of PROS in a research report on Sunday, October 8th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $31.60.

Shares of PROS (NYSE:PRO) traded up $0.88 during midday trading on Friday, reaching $28.66. The company’s stock had a trading volume of 188,703 shares, compared to its average volume of 225,889. The company has a quick ratio of 2.08, a current ratio of 2.08 and a debt-to-equity ratio of -5.94. PROS has a 52 week low of $20.34 and a 52 week high of $30.49. The company has a market capitalization of $914.45, a PE ratio of -11.28 and a beta of 1.52.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. GSA Capital Partners LLP acquired a new stake in PROS during the 3rd quarter worth about $303,000. DF Dent & Co. Inc. grew its position in PROS by 16.6% during the 3rd quarter. DF Dent & Co. Inc. now owns 2,702,800 shares of the software maker’s stock worth $65,219,000 after purchasing an additional 385,329 shares during the period. Granahan Investment Management Inc. MA grew its position in PROS by 5.9% during the 3rd quarter. Granahan Investment Management Inc. MA now owns 216,316 shares of the software maker’s stock worth $5,220,000 after purchasing an additional 12,131 shares during the period. Dragoneer Investment Group LLC grew its position in PROS by 3.8% during the 3rd quarter. Dragoneer Investment Group LLC now owns 113,287 shares of the software maker’s stock worth $2,734,000 after purchasing an additional 4,164 shares during the period. Finally, Whetstone Capital Advisors LLC grew its position in PROS by 24.3% during the 3rd quarter. Whetstone Capital Advisors LLC now owns 509,348 shares of the software maker’s stock worth $12,291,000 after purchasing an additional 99,569 shares during the period. 93.27% of the stock is currently owned by institutional investors.

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About PROS

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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