PROS (PRO) Scheduled to Post Quarterly Earnings on Tuesday

PROS (NYSE:PROGet Rating) will announce its earnings results after the market closes on Tuesday, May 3rd. Analysts expect the company to announce earnings of ($0.43) per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

PROS (NYSE:PROGet Rating) last announced its quarterly earnings results on Thursday, February 10th. The software maker reported ($0.38) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.01. The business had revenue of $64.97 million for the quarter, compared to analyst estimates of $63.84 million. PROS had a negative return on equity of 316.22% and a negative net margin of 32.30%. The company’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.29) earnings per share. On average, analysts expect PROS to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

NYSE PRO opened at $30.44 on Tuesday. The company has a debt-to-equity ratio of 80.44, a quick ratio of 1.83 and a current ratio of 1.83. PROS has a 52 week low of $23.08 and a 52 week high of $50.90. The firm’s 50 day moving average price is $31.12. The company has a market capitalization of $1.38 billion, a P/E ratio of -16.63 and a beta of 1.55.

A number of analysts have commented on the stock. StockNews.com assumed coverage on shares of PROS in a research note on Thursday, March 31st. They set a “hold” rating for the company. Morgan Stanley decreased their target price 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. Finally, Stifel Nicolaus dropped their price target on shares of PROS from $48.00 to $45.00 and set a “buy” rating on the stock in a research report on Monday, March 21st.

In other PROS news, CFO Stefan B. Schulz sold 34,800 shares of the firm’s stock in a transaction on Thursday, February 24th. The stock was sold at an average price of $31.03, for a total transaction of $1,079,844.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 10.50% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in PRO. Stifel Financial Corp bought a new stake in PROS in the 4th quarter worth about $348,000. BNP Paribas Arbitrage SA increased its position in shares of PROS by 100.6% during the third quarter. BNP Paribas Arbitrage SA now owns 11,571 shares of the software maker’s stock valued at $411,000 after acquiring an additional 5,804 shares during the last quarter. Glenmede Trust Co. NA lifted its holdings in PROS by 43.2% during the fourth quarter. Glenmede Trust Co. NA now owns 14,194 shares of the software maker’s stock worth $489,000 after acquiring an additional 4,285 shares during the period. LPL Financial LLC boosted its position in PROS by 24.1% in the third quarter. LPL Financial LLC now owns 23,556 shares of the software maker’s stock worth $836,000 after purchasing an additional 4,575 shares during the last quarter. Finally, Squarepoint Ops LLC grew its stake in PROS by 26.3% in the 4th quarter. Squarepoint Ops LLC now owns 28,942 shares of the software maker’s stock valued at $998,000 after purchasing an additional 6,026 shares during the period.

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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Earnings History for PROS (NYSE:PRO)

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