-$0.13 Earnings Per Share Expected for PROS Holdings, Inc. (PRO) This Quarter

Wall Street brokerages predict that PROS Holdings, Inc. (NYSE:PRO) will report ($0.13) earnings per share for the current quarter, Zacks Investment Research reports. Five analysts have provided estimates for PROS’s earnings, with the highest EPS estimate coming in at ($0.12) and the lowest estimate coming in at ($0.14). PROS also posted earnings per share of ($0.13) in the same quarter last year. The firm is scheduled to report its next earnings results on Tuesday, February 5th.

On average, analysts expect that PROS will report full year earnings of ($0.60) per share for the current fiscal year, with EPS estimates ranging from ($0.62) to ($0.59). For the next year, analysts anticipate that the firm will post earnings of ($0.44) per share, with EPS estimates ranging from ($0.52) to ($0.28). Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover PROS.

PROS (NYSE:PRO) last announced its quarterly earnings data on Thursday, October 25th. The software maker reported ($0.13) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.19) by $0.06. The company had revenue of $49.08 million during the quarter, compared to analyst estimates of $47.94 million.

Several analysts recently commented on PRO shares. Nomura reduced their price objective on shares of PROS from $45.00 to $44.00 and set a “buy” rating for the company in a research note on Friday, October 26th. Royal Bank of Canada started coverage on shares of PROS in a research note on Tuesday, October 16th. They issued an “outperform” rating and a $38.00 price objective for the company. Finally, Zacks Investment Research upgraded shares of PROS from a “hold” rating to a “strong-buy” rating and set a $38.00 price objective for the company in a research note on Friday, November 2nd. One analyst has rated the stock with a hold rating, five have issued a buy rating and three have given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $41.50.

In other PROS news, CEO Andres Reiner sold 10,000 shares of the firm’s stock in a transaction dated Monday, September 10th. The shares were sold at an average price of $39.03, for a total transaction of $390,300.00. Following the completion of the transaction, the chief executive officer now directly owns 445,399 shares in the company, valued at approximately $17,383,922.97. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 30,000 shares of company stock valued at $1,026,100 over the last 90 days. 15.40% of the stock is currently owned by insiders.

A number of large investors have recently bought and sold shares of the business. Metropolitan Life Insurance Co. NY increased its holdings in PROS by 18.2% during the 2nd quarter. Metropolitan Life Insurance Co. NY now owns 9,038 shares of the software maker’s stock valued at $331,000 after acquiring an additional 1,392 shares in the last quarter. Engineers Gate Manager LP increased its holdings in PROS by 6.3% during the 3rd quarter. Engineers Gate Manager LP now owns 26,644 shares of the software maker’s stock valued at $933,000 after acquiring an additional 1,582 shares in the last quarter. MetLife Investment Advisors LLC increased its holdings in PROS by 19.2% during the 2nd quarter. MetLife Investment Advisors LLC now owns 12,910 shares of the software maker’s stock valued at $472,000 after acquiring an additional 2,078 shares in the last quarter. Rhumbline Advisers increased its holdings in PROS by 8.9% during the 2nd quarter. Rhumbline Advisers now owns 26,847 shares of the software maker’s stock valued at $982,000 after acquiring an additional 2,187 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in PROS by 0.3% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 875,426 shares of the software maker’s stock valued at $30,657,000 after acquiring an additional 2,345 shares in the last quarter. Hedge funds and other institutional investors own 99.41% of the company’s stock.

Shares of NYSE PRO traded up $0.94 during midday trading on Wednesday, hitting $33.11. The company had a trading volume of 6,134 shares, compared to its average volume of 178,437. The company has a quick ratio of 2.63, a current ratio of 2.63 and a debt-to-equity ratio of 3.53. PROS has a twelve month low of $23.67 and a twelve month high of $41.10. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of -21.50 and a beta of 1.18.

PROS Company Profile

PROS Holdings, Inc, a cloud software company, provides solutions for companies to price, configure, and sell their products and services to their customers. The company offers SellingPRO solutions, which include configuration, quoting, and e-commerce capabilities with data science; and PricingPRO solutions that deliver insight into pricing practices and provides pricing recommendations, as well as enhances control over pricing execution.

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Earnings History and Estimates for PROS (NYSE:PRO)

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