-$0.24 Earnings Per Share Expected for PROS Holdings, Inc. (NYSE:PRO) This Quarter

Equities research analysts predict that PROS Holdings, Inc. (NYSE:PROGet Rating) will post earnings of ($0.24) per share for the current quarter, Zacks reports. Four analysts have issued estimates for PROS’s earnings. The lowest EPS estimate is ($0.27) and the highest is ($0.17). PROS reported earnings of ($0.22) per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 9.1%. The business is scheduled to issue its next earnings report after the market closes on Monday, January 1st.

According to Zacks, analysts expect that PROS will report full-year earnings of ($0.68) per share for the current financial year, with EPS estimates ranging from ($0.87) to ($0.52). For the next year, analysts forecast that the firm will post earnings of ($0.52) per share, with EPS estimates ranging from ($0.60) to ($0.48). Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow PROS.

PROS (NYSE:PROGet Rating) last issued its quarterly earnings data on Thursday, February 10th. The software maker reported ($0.38) earnings per share for the quarter, topping the consensus estimate of ($0.39) by $0.01. The business had revenue of $64.97 million during the quarter, compared to the consensus estimate of $63.84 million. PROS had a negative net margin of 32.30% and a negative return on equity of 316.22%. The company’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.29) EPS.

Several analysts have recently weighed in on PRO shares. Zacks Investment Research downgraded shares of PROS from a “buy” rating to a “hold” rating in a research report on Wednesday, February 16th. Morgan Stanley reduced their price target on shares of PROS from $35.00 to $33.00 and set an “equal weight” rating for the company in a research report on Friday, March 4th. StockNews.com started coverage on shares of PROS in a research report on Thursday, March 31st. They set a “hold” rating for the company. JPMorgan Chase & Co. upgraded shares of PROS from an “underweight” rating to a “neutral” rating and set a $37.00 price objective for the company in a research report on Tuesday, December 14th. Finally, Stifel Nicolaus lowered their price target on shares of PROS from $48.00 to $45.00 and set a “buy” rating on the stock in a research note on Monday, March 21st. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, PROS has a consensus rating of “Hold” and a consensus price target of $38.75.

In related news, CFO Stefan B. Schulz sold 34,800 shares of the stock in a transaction dated Thursday, February 24th. The shares were sold at an average price of $31.03, for a total value of $1,079,844.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Andres Reiner sold 32,954 shares of the stock in a transaction dated Wednesday, January 19th. The shares were sold at an average price of $28.64, for a total transaction of $943,802.56. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 80,279 shares of company stock worth $2,389,911. Corporate insiders own 10.10% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the business. Invesco Ltd. boosted its position in shares of PROS by 0.9% in the fourth quarter. Invesco Ltd. now owns 39,006 shares of the software maker’s stock worth $1,345,000 after acquiring an additional 335 shares during the last quarter. CIBC Private Wealth Group LLC raised its position in shares of PROS by 3.8% in the 4th quarter. CIBC Private Wealth Group LLC now owns 11,300 shares of the software maker’s stock worth $390,000 after buying an additional 415 shares during the period. Fifth Third Bancorp boosted its holdings in PROS by 32.2% in the fourth quarter. Fifth Third Bancorp now owns 2,573 shares of the software maker’s stock valued at $89,000 after acquiring an additional 626 shares during the last quarter. Harbor Investment Advisory LLC grew its position in PROS by 30.7% during the fourth quarter. Harbor Investment Advisory LLC now owns 2,705 shares of the software maker’s stock valued at $93,000 after acquiring an additional 636 shares during the period. Finally, HighTower Advisors LLC grew its position in PROS by 6.0% during the third quarter. HighTower Advisors LLC now owns 11,647 shares of the software maker’s stock valued at $411,000 after acquiring an additional 657 shares during the period.

Shares of NYSE:PRO traded up $2.52 during trading on Wednesday, hitting $31.29. 359,147 shares of the company were exchanged, compared to its average volume of 318,327. The stock has a market capitalization of $1.41 billion, a PE ratio of -17.10 and a beta of 1.55. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 80.44. PROS has a 12-month low of $23.08 and a 12-month high of $50.90. The company has a 50 day moving average of $31.34.

About PROS (Get Rating)

PROS Holdings, Inc provides solutions that optimize the processes of selling and shopping in the digital economy worldwide. 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 that enables businesses to optimize, personalize and harmonize pricing across the complexity of their go-to-market channels in the context of dynamic market and competitive conditions.

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