PROS (PRO) to Release Earnings on Tuesday

PROS (NYSE:PRO - Get Free Report) will announce its earnings results after the market closes on Tuesday, October 29th. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

PROS (NYSE:PRO - Get Free Report) last issued its earnings results on Tuesday, July 30th. The software maker reported $0.07 EPS for the quarter, beating analysts' consensus estimates of $0.02 by $0.05. The firm had revenue of $82.01 million during the quarter, compared to analyst estimates of $81.38 million. During the same quarter in the previous year, the company posted ($0.24) earnings per share. The business's revenue for the quarter was up 8.2% compared to the same quarter last year. On average, analysts expect PROS to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PROS Stock Down 3.5 %

PROS stock traded down $0.66 during mid-day trading on Tuesday, hitting $17.98. 279,962 shares of the company were exchanged, compared to its average volume of 454,711. The business has a fifty day moving average of $18.58 and a 200 day moving average of $25.28. PROS has a 1-year low of $16.64 and a 1-year high of $40.99. The company has a market capitalization of $848.84 million, a PE ratio of -19.89 and a beta of 1.21.

Wall Street Analyst Weigh In

PRO has been the subject of several recent analyst reports. StockNews.com upgraded PROS from a "hold" rating to a "buy" rating in a research note on Wednesday, October 16th. Bank of America lowered their target price on PROS from $43.00 to $39.00 and set a "buy" rating for the company in a research note on Tuesday, August 27th. Robert W. Baird lowered their target price on PROS from $45.00 to $35.00 and set an "outperform" rating for the company in a research note on Wednesday, July 31st. Stifel Nicolaus lowered their target price on PROS from $40.00 to $32.00 and set a "buy" rating for the company in a research note on Wednesday, July 31st. Finally, KeyCorp lowered their target price on PROS from $43.00 to $36.00 and set an "overweight" rating for the company in a research note on Wednesday, July 31st. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $34.86.

About PROS

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.