Media headlines about PROS Holdings (NYSE:PRO) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. PROS Holdings earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the software maker an impact score of 48.0193177284195 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several analysts recently commented on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $35.00 price objective on shares of PROS Holdings in a research note on Tuesday, October 24th. Zacks Investment Research upgraded shares of PROS Holdings from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research note on Thursday, November 2nd. Stifel Nicolaus reiterated a “hold” rating and issued a $28.00 price objective on shares of PROS Holdings in a research note on Sunday, October 8th. Finally, ValuEngine cut shares of PROS Holdings from a “hold” rating to a “sell” rating in a research note on Friday, October 27th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $31.33.
PROS Holdings (NYSE PRO) traded up $0.32 during trading hours on Friday, reaching $24.11. 142,000 shares of the company’s stock traded hands, compared to its average volume of 199,752. PROS Holdings has a 52-week low of $20.34 and a 52-week high of $30.49. 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 Holdings (NYSE:PRO) last issued its quarterly earnings results on Thursday, October 26th. The software maker reported ($0.22) EPS for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.01. The business had revenue of $41.94 million during the quarter, compared to the consensus estimate of $41.07 million. PROS Holdings had a negative net margin of 48.93% and a negative return on equity of 2,114.05%. The company’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.19) earnings per share. research analysts forecast that PROS Holdings will post -1.48 EPS for the current year.
In related news, CEO Andres Reiner sold 8,175 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $26.12, for a total value of $213,531.00. Following the sale, the chief executive officer now directly owns 415,815 shares of the company’s stock, valued at $10,861,087.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ronald F. Woestemeyer sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of $25.51, for a total transaction of $1,275,500.00. The disclosure for this sale can be found here. Insiders own 18.90% of the company’s stock.
About PROS Holdings
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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