PROS Holdings, Inc. (PRO) Given Average Rating of “Hold” by Analysts

PROS Holdings, Inc. (NYSE:PRO) has earned a consensus recommendation of “Hold” from the eight research firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $32.20.

A number of research firms have weighed in on PRO. DA Davidson began coverage on shares of PROS in a research note on Friday, February 2nd. They issued a “neutral” rating and a $28.00 target price on the stock. Zacks Investment Research upgraded shares of PROS from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a research note on Thursday, November 2nd. Needham & Company LLC reiterated a “buy” rating and issued a $35.00 target price on shares of PROS in a research note on Tuesday, October 24th. Finally, ValuEngine cut shares of PROS from a “hold” rating to a “sell” rating in a research note on Friday, October 27th.

PROS (NYSE:PRO) traded down $0.48 on Tuesday, reaching $30.69. 149,224 shares of the company’s stock were exchanged, compared to its average volume of 252,197. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of -5.94. The stock has a market capitalization of $1,016.62, a PE ratio of -12.44 and a beta of 1.42. PROS has a 52-week low of $21.36 and a 52-week high of $33.20.

PROS (NYSE:PRO) last released its earnings results on Tuesday, February 6th. The software maker reported ($0.13) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.18) by $0.05. The company had revenue of $46.34 million during the quarter, compared to analysts’ expectations of $44.68 million. The firm’s revenue was up 16.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.21) earnings per share. sell-side analysts expect that PROS will post -1.27 EPS for the current year.

Hedge funds have recently made changes to their positions in the stock. Teacher Retirement System of Texas purchased a new stake in shares of PROS during the 4th quarter valued at approximately $250,000. GSA Capital Partners LLP purchased a new stake in shares of PROS during the 3rd quarter valued at approximately $303,000. UBS Asset Management Americas Inc. purchased a new stake in shares of PROS during the 2nd quarter valued at approximately $359,000. Comerica Bank purchased a new stake in shares of PROS during the 3rd quarter valued at approximately $360,000. Finally, Stifel Financial Corp lifted its stake in shares of PROS by 3.6% during the 2nd quarter. Stifel Financial Corp now owns 19,418 shares of the software maker’s stock valued at $532,000 after buying an additional 673 shares in the last quarter. Institutional investors own 94.34% 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.

Analyst Recommendations for PROS (NYSE:PRO)

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