PROS Holdings, Inc. (NYSE:PRO – Get Free Report) has earned a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $31.88.
A number of analysts have recently issued reports on PRO shares. Needham & Company LLC dropped their price objective on shares of PROS from $40.00 to $30.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th. Northland Securities reaffirmed an “outperform” rating and set a $38.00 price target (down previously from $40.00) on shares of PROS in a research note on Wednesday, October 30th. KeyCorp decreased their price objective on shares of PROS from $36.00 to $28.00 and set an “overweight” rating for the company in a research report on Wednesday, October 30th. Oppenheimer lowered PROS from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 16th. Finally, Robert W. Baird increased their price target on PROS from $28.00 to $30.00 and gave the company an “outperform” rating in a report on Thursday, December 5th.
Check Out Our Latest Analysis on PRO
PROS Trading Down 0.2 %
PROS (NYSE:PRO – Get Free Report) last posted its earnings results on Tuesday, October 29th. The software maker reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05. The company had revenue of $82.70 million during the quarter, compared to analyst estimates of $82.32 million. PROS’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the business posted ($0.17) EPS. On average, sell-side analysts forecast that PROS will post -0.29 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its holdings in shares of PROS by 570.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 266,132 shares of the software maker’s stock valued at $4,929,000 after buying an additional 226,443 shares during the period. Barclays PLC lifted its holdings in PROS by 345.4% in the third quarter. Barclays PLC now owns 238,382 shares of the software maker’s stock worth $4,415,000 after acquiring an additional 184,856 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in PROS by 3,489.6% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 268,362 shares of the software maker’s stock valued at $4,970,000 after acquiring an additional 260,886 shares during the period. Point72 Asset Management L.P. grew its holdings in shares of PROS by 262.2% during the third quarter. Point72 Asset Management L.P. now owns 31,638 shares of the software maker’s stock valued at $586,000 after purchasing an additional 22,903 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in shares of PROS during the 3rd quarter worth approximately $17,921,000. Institutional investors own 94.27% of the company’s stock.
PROS Company Profile
PROS Holdings, Inc provides software solutions that optimize the processes of selling and shopping in the digital economy in Europe, the Asia Pacific, the Middle East, Africa, and internationally. The company offers PROS Smart Configure Price Quote that improves sales productivity and accelerate deal velocity by automating common sales tasks; and PROS Smart Price Optimization and Management, which enables businesses to optimize, personalize, and harmonize pricing.
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