PROS Holdings, Inc. (NYSE:PRO) has been given an average rating of “Buy” by the seven brokerages that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $33.25.
A number of research firms have commented on PRO. Stifel Nicolaus reissued a “hold” rating and issued a $28.00 target price on shares of PROS in a report on Sunday, October 8th. Zacks Investment Research upgraded PROS from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a research note on Thursday, November 2nd. ValuEngine downgraded PROS from a “hold” rating to a “sell” rating in a research note on Friday, October 27th. Finally, Needham & Company LLC restated a “buy” rating and issued a $35.00 price target on shares of PROS in a research note on Tuesday, October 24th.
PROS (NYSE:PRO) traded up $0.53 during trading on Friday, hitting $29.15. The company’s stock had a trading volume of 158,734 shares, compared to its average volume of 147,033. The company has a market cap of $930.09, a price-to-earnings ratio of -11.48 and a beta of 1.52. PROS has a twelve month low of $20.47 and a twelve month high of $30.49. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of -5.94.
Several hedge funds have recently added to or reduced their stakes in the company. DF Dent & Co. Inc. boosted its stake in shares of PROS by 16.6% in the 3rd quarter. DF Dent & Co. Inc. now owns 2,702,800 shares of the software maker’s stock worth $65,219,000 after buying an additional 385,329 shares during the last quarter. Riverbridge Partners LLC boosted its stake in shares of PROS by 20.2% in the 3rd quarter. Riverbridge Partners LLC now owns 2,606,271 shares of the software maker’s stock worth $62,889,000 after buying an additional 437,522 shares during the last quarter. Conestoga Capital Advisors LLC boosted its stake in shares of PROS by 10.7% in the 3rd quarter. Conestoga Capital Advisors LLC now owns 1,664,246 shares of the software maker’s stock worth $40,158,000 after buying an additional 160,585 shares during the last quarter. Daruma Capital Management LLC boosted its stake in shares of PROS by 2,559.7% in the 2nd quarter. Daruma Capital Management LLC now owns 1,415,984 shares of the software maker’s stock worth $38,784,000 after buying an additional 1,362,746 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of PROS by 3.6% in the 2nd quarter. Vanguard Group Inc. now owns 1,247,134 shares of the software maker’s stock worth $34,158,000 after buying an additional 43,377 shares during the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.
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PROS Company Profile
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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