Pros Holdings Inc. (PRO) Trading 3.8% Higher
Pros Holdings Inc. (NYSE:PRO) shares traded up 3.8% during mid-day trading on Monday . The company traded as high as $19.77 and last traded at $19.76, with a volume of 88,629 shares trading hands. The stock had previously closed at $19.04.
Several analysts have recently weighed in on PRO shares. Needham & Company LLC restated a “buy” rating and set a $22.00 price target on shares of Pros Holdings in a report on Monday. JPMorgan Chase & Co. restated a “hold” rating and set a $16.00 price target on shares of Pros Holdings in a report on Wednesday, August 3rd. Finally, Deutsche Bank AG boosted their price target on Pros Holdings from $20.00 to $25.00 and gave the stock a “buy” rating in a report on Wednesday, August 3rd. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $21.00.
The company has a 50-day moving average price of $18.38 and a 200-day moving average price of $14.38. The company’s market cap is $600.49 million.
Pros Holdings (NYSE:PRO) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported ($0.26) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.32) by $0.06. During the same period last year, the company posted ($0.11) EPS. The company had revenue of $37 million for the quarter, compared to analysts’ expectations of $35.70 million. The business’s revenue for the quarter was down 11.3% on a year-over-year basis. On average, equities research analysts predict that Pros Holdings Inc. will post ($1.16) EPS for the current year.
PROS Holdings, Inc provides enterprise revenue and profit realization software solutions. The Company’s software solutions are designed to help business-to-business (B2B) and business-to-consumer (B2C) companies. The Company also provides professional services to implement its software applications. The Company provides its solutions to enterprises across a range of industries, including manufacturing, distribution, services and travel.
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