PROS (PRO) to Release Earnings on Tuesday

PROS (NYSE:PRO) is set to release its earnings data after the market closes on Tuesday, October 29th. Analysts expect PROS to post earnings of $0.09 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

PROS (NYSE:PRO) last issued its quarterly earnings data on Tuesday, July 30th. The software maker reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.05. The business had revenue of $82.01 million for the quarter, compared to analyst estimates of $81.38 million. During the same quarter last year, the business earned ($0.24) EPS. PROS’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 Trading Down 5.3 %

PROS stock opened at $18.64 on Tuesday. PROS has a 52 week low of $16.64 and a 52 week high of $40.99. The stock has a market cap of $875.92 million, a P/E ratio of -17.75 and a beta of 1.21. The stock has a 50 day moving average of $18.59 and a 200-day moving average of $25.41.

Analyst Ratings Changes

Several brokerages have weighed in on PRO. Oppenheimer dropped their target price on shares of PROS from $42.00 to $31.00 and set an “outperform” rating for the company in a research report on Wednesday, July 31st. Needham & Company LLC restated a “buy” rating and set a $40.00 price objective on shares of PROS in a research note on Monday, September 9th. StockNews.com upgraded PROS from a “hold” rating to a “buy” rating in a research report on Wednesday, October 16th. Bank of America dropped their price target on PROS from $43.00 to $39.00 and set a “buy” rating on the stock in a research report on Tuesday, August 27th. Finally, Craig Hallum lowered their target price on shares of PROS from $32.00 to $31.00 and set a “hold” rating for the company in a research note on Wednesday, July 31st. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, PROS currently has an average rating of “Moderate Buy” and an average price target of $34.86.

PROS Company Profile

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.