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

PROS Holdings, Inc. (NYSE:PRO) has earned a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $21.65.

A number of research analysts recently commented on PRO shares. KeyCorp cut PROS from an “overweight” rating to a “sector weight” rating in a report on Tuesday, September 23rd. Northland Capmk lowered PROS from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 30th. Northland Securities set a $23.25 target price on PROS in a research note on Tuesday, September 30th. Needham & Company LLC lowered shares of PROS from a “buy” rating to a “hold” rating and set a $25.00 price target on the stock. in a research note on Tuesday, September 23rd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of PROS in a research report on Monday, December 8th.

Institutional Investors Weigh In On PROS

A number of institutional investors and hedge funds have recently bought and sold shares of PRO. State of Alaska Department of Revenue purchased a new position in shares of PROS during the third quarter worth approximately $32,000. FNY Investment Advisers LLC acquired a new position in PROS in the 2nd quarter valued at $70,000. Longfellow Investment Management Co. LLC purchased a new position in PROS during the third quarter worth about $76,000. Tower Research Capital LLC TRC raised its stake in shares of PROS by 319.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,851 shares of the software maker’s stock worth $107,000 after buying an additional 5,217 shares in the last quarter. Finally, PenderFund Capital Management Ltd. purchased a new position in PROS in the third quarter worth $117,000. 94.27% of the stock is owned by hedge funds and other institutional investors.

PROS Stock Up 0.0%

PRO opened at $23.25 on Wednesday. The company has a market cap of $1.12 billion, a price-to-earnings ratio of -75.00 and a beta of 0.66. PROS has a 52-week low of $13.61 and a 52-week high of $29.84. The firm’s fifty day simple moving average is $23.19 and its two-hundred day simple moving average is $19.59.

PROS (NYSE:PRO) last released its earnings results on Monday, October 27th. The software maker reported $0.22 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.27. The firm had revenue of $91.68 million during the quarter, compared to analysts’ expectations of $94.71 million. The business’s revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.14 EPS. On average, research analysts forecast that PROS will post -0.2 EPS for the current year.

About PROS

PROS Holdings, Inc (NYSE:PRO) is a global software company specializing in AI-driven solutions for pricing optimization, sales guidance and revenue management. The company’s flagship platform leverages advanced analytics and machine learning to help businesses set dynamic prices, streamline quoting processes and improve margin performance. PROS solutions also support e-commerce initiatives by enabling personalized pricing and real-time inventory management.

Founded in 1985 and headquartered in Houston, Texas, PROS has expanded its footprint across North America, Europe and the Asia-Pacific region.