Equities analysts predict that PROS Holdings, Inc. (NYSE:PRO) will report ($0.10) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for PROS’s earnings, with the highest EPS estimate coming in at ($0.09) and the lowest estimate coming in at ($0.11). PROS posted earnings of ($0.16) per share during the same quarter last year, which would indicate a positive year over year growth rate of 37.5%. The business is scheduled to announce its next earnings report after the market closes on Thursday, July 25th.
According to Zacks, analysts expect that PROS will report full-year earnings of ($0.36) per share for the current financial year, with EPS estimates ranging from ($0.42) to ($0.32). For the next year, analysts expect that the firm will report earnings of ($0.17) per share, with EPS estimates ranging from ($0.33) to ($0.05). Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that follow PROS.
PROS (NYSE:PRO) last posted its quarterly earnings results on Thursday, April 25th. The software maker reported ($0.11) earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.02. The company had revenue of $56.10 million during the quarter, compared to the consensus estimate of $54.66 million. PROS had a negative return on equity of 188.83% and a negative net margin of 30.36%. The firm’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.19) EPS.
PRO has been the subject of several research reports. JPMorgan Chase & Co. reiterated a “hold” rating and set a $137.00 price target on shares of Continental in a research note on Friday, April 26th. Northland Securities set a $6.00 price target on EMCORE and gave the stock a “buy” rating in a research note on Friday, May 24th. DA Davidson downgraded Avon Products from a “buy” rating to a “neutral” rating and cut their target price for the stock from $4.75 to $3.60 in a research note on Thursday, May 23rd. Bank of America raised their target price on Visa from $177.00 to $192.00 and gave the stock a “buy” rating in a research note on Monday, June 17th. Finally, Stifel Nicolaus downgraded Asante Solutions to a “buy” rating and set a $9.00 target price for the company. in a research note on Thursday, May 23rd. Two investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $57.55.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Metropolitan Life Insurance Co NY boosted its stake in PROS by 7.5% in the 1st quarter. Metropolitan Life Insurance Co NY now owns 10,023 shares of the software maker’s stock worth $423,000 after purchasing an additional 697 shares during the period. Squarepoint Ops LLC boosted its stake in PROS by 5.5% in the 4th quarter. Squarepoint Ops LLC now owns 14,035 shares of the software maker’s stock worth $441,000 after purchasing an additional 735 shares during the period. Legal & General Group Plc boosted its stake in PROS by 15.3% in the 4th quarter. Legal & General Group Plc now owns 5,653 shares of the software maker’s stock worth $177,000 after purchasing an additional 752 shares during the period. Bronfman E.L. Rothschild L.P. bought a new position in PROS in the 4th quarter worth about $26,000. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its stake in PROS by 19.2% in the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 5,952 shares of the software maker’s stock worth $251,000 after purchasing an additional 959 shares during the period.
Shares of PRO stock traded down $0.90 on Tuesday, hitting $66.08. 228,838 shares of the stock were exchanged, compared to its average volume of 481,954. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 3.62. The company has a market capitalization of $2.50 billion, a price-to-earnings ratio of -60.62 and a beta of 1.13. PROS has a one year low of $28.18 and a one year high of $69.30. The firm has a 50 day moving average price of $63.30.
PROS Company Profile
PROS Holdings, Inc offers artificial intelligence (AI) solutions that power commerce in the digital economy worldwide. The company's solutions enable buying experiences for business-to-business (B2B) and business-to-consumer companies. It delivers its cloud-based solutions through the Internet as a Service on a subscription basis.
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