PROS Holdings, Inc. (NYSE:PRO) Receives Average Recommendation of “Hold” from Brokerages

PROS Holdings, Inc. (NYSE:PRO) has been given a consensus rating of “Hold” by the eight research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $21.65.

PRO has been the topic of a number of recent analyst reports. Needham & Company LLC cut shares of PROS from a “buy” rating to a “hold” rating and set a $25.00 price target on the stock. in a report on Tuesday, September 23rd. Northland Capmk downgraded PROS from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 30th. Weiss Ratings restated a “sell (d-)” rating on shares of PROS in a research note on Monday, December 8th. KeyCorp downgraded PROS from an “overweight” rating to a “sector weight” rating in a report on Tuesday, September 23rd. Finally, Northland Securities set a $23.25 price objective on PROS in a report on Tuesday, September 30th.

Institutional Investors Weigh In On PROS

Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in shares of PROS by 3.1% during the 1st quarter. Vanguard Group Inc. now owns 5,847,056 shares of the software maker’s stock valued at $111,269,000 after buying an additional 176,926 shares during the period. Charles Schwab Investment Management Inc. boosted its position in PROS by 4.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 458,899 shares of the software maker’s stock worth $8,733,000 after purchasing an additional 18,432 shares during the last quarter. Invesco Ltd. grew its stake in shares of PROS by 15.0% during the 1st quarter. Invesco Ltd. now owns 36,192 shares of the software maker’s stock valued at $689,000 after purchasing an additional 4,721 shares during the period. Nuveen LLC purchased a new stake in shares of PROS during the 1st quarter valued at about $23,893,000. Finally, Russell Investments Group Ltd. lifted its stake in shares of PROS by 14.6% in the 1st quarter. Russell Investments Group Ltd. now owns 80,262 shares of the software maker’s stock worth $1,530,000 after purchasing an additional 10,238 shares during the period. Institutional investors own 94.27% of the company’s stock.

PROS Trading Up 0.0%

NYSE PRO opened at $23.25 on Friday. PROS has a 12 month low of $13.61 and a 12 month high of $29.84. The stock’s fifty day moving average price is $23.13 and its 200-day moving average price is $19.05. The stock has a market cap of $1.12 billion, a P/E ratio of -75.00 and a beta of 0.66.

PROS (NYSE:PRO) last announced its quarterly earnings results on Monday, October 27th. The software maker reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.27. The firm had revenue of $91.68 million during the quarter, compared to the consensus estimate of $94.71 million. During the same quarter in the previous year, the firm earned $0.14 EPS. The business’s revenue for the quarter was up 10.9% on a year-over-year basis. As a group, analysts forecast that PROS will post -0.2 earnings per share for the current fiscal year.

About PROS

PROS Holdings, Inc (NYSE:PRO) is a global software company specializing in AI-driven solutions for pricing optimization, sales guidance and revenue management. The company’s flagship platform leverages advanced analytics and machine learning to help businesses set dynamic prices, streamline quoting processes and improve margin performance. PROS solutions also support e-commerce initiatives by enabling personalized pricing and real-time inventory management.

Founded in 1985 and headquartered in Houston, Texas, PROS has expanded its footprint across North America, Europe and the Asia-Pacific region.