PROS (NYSE:PRO - Get Free Report) will likely be posting its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect PROS to post earnings of $0.12 per share and revenue of $84.74 million for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.
PROS (NYSE:PRO - Get Free Report) last issued its earnings results on Tuesday, October 29th. The software maker reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.05. The company had revenue of $82.70 million for the quarter, compared to analysts' expectations of $82.32 million. The company's revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.17) earnings per share. On average, analysts expect PROS to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
PROS Price Performance
PROS stock traded down $0.56 during trading hours on Thursday, reaching $23.78. The company had a trading volume of 91,048 shares, compared to its average volume of 377,752. PROS has a 12-month low of $16.64 and a 12-month high of $38.71. The company has a 50-day moving average price of $23.12 and a 200 day moving average price of $21.25. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of -38.32 and a beta of 1.21.
Analyst Upgrades and Downgrades
PRO has been the subject of several recent analyst reports. Northland Securities reaffirmed an "outperform" rating and set a $38.00 price objective (down from $40.00) on shares of PROS in a research note on Wednesday, October 30th. KeyCorp reduced their target price on PROS from $36.00 to $28.00 and set an "overweight" rating on the stock in a research note on Wednesday, October 30th. StockNews.com upgraded shares of PROS from a "hold" rating to a "buy" rating in a report on Saturday, November 16th. Craig Hallum raised shares of PROS from a "hold" rating to a "buy" rating and set a $31.00 target price for the company in a research report on Wednesday, October 30th. Finally, Needham & Company LLC reduced their price target on shares of PROS from $40.00 to $30.00 and set a "buy" rating on the stock in a research report on Wednesday, October 30th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $31.88.
Read Our Latest Research Report on PRO
About PROS
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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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