PROS (PRO) Expected to Announce Earnings on Thursday

PROS (NYSE:PRO) is expected to be releasing its earnings data 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 registering for the company’s earnings conference call can do so using this link.

PROS (NYSE:PRO) last released its quarterly earnings results on Tuesday, October 29th. The software maker reported $0.14 EPS for the quarter, beating the consensus estimate of $0.09 by $0.05. The business had revenue of $82.70 million during the quarter, compared to analyst estimates of $82.32 million. During the same quarter in the prior year, the company earned ($0.17) earnings per share. The firm’s revenue for the quarter was up 7.1% 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 Stock Performance

Shares of NYSE PRO opened at $24.33 on Thursday. The firm has a market cap of $1.15 billion, a P/E ratio of -39.24 and a beta of 1.21. PROS has a 1 year low of $16.64 and a 1 year high of $38.71. The firm’s 50 day moving average price is $23.12 and its 200 day moving average price is $21.25.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Craig Hallum raised PROS from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a research report on Wednesday, October 30th. Robert W. Baird upped their target price on shares of PROS from $28.00 to $30.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. StockNews.com raised shares of PROS from a “hold” rating to a “buy” rating in a research note on Saturday, November 16th. Needham & Company LLC decreased their price objective on shares of PROS from $40.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, October 30th. Finally, Northland Securities reaffirmed an “outperform” rating and set a $38.00 target price (down from $40.00) on shares of PROS in a research report on Wednesday, October 30th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, PROS has a consensus rating of “Moderate Buy” and an average price target of $31.88.

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.