PROS (NYSE:PRO) had its target price boosted by Nomura from $77.00 to $79.00 in a research note published on Friday morning, BenzingaRatingsTable reports. They currently have a buy rating on the software maker’s stock.

Several other equities analysts have also recently weighed in on PRO. JMP Securities lowered their price objective on shares of Nevro from $80.00 to $70.00 and set a market outperform rating on the stock in a research report on Friday, May 10th. Stifel Nicolaus lifted their price objective on shares of Starbucks from $86.00 to $90.00 and gave the stock a hold rating in a research report on Friday. JPMorgan Chase & Co. reiterated a hold rating and set a $137.00 price objective on shares of Continental in a research report on Friday, April 26th. Craig Hallum upgraded shares of PROS from a hold rating to a buy rating and lifted their price objective for the stock from $36.00 to $60.00 in a research report on Friday, April 26th. Finally, KeyCorp boosted their price target on shares of Tempur Sealy International from $90.00 to $95.00 and gave the company an overweight rating in a report on Friday. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of $69.27.

NYSE PRO traded up $6.08 on Friday, hitting $73.49. 634,461 shares of the stock were exchanged, compared to its average volume of 372,477. PROS has a 52-week low of $28.18 and a 52-week high of $74.73. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.15 and a quick ratio of 1.15. The company has a market cap of $2.55 billion, a P/E ratio of -67.42 and a beta of 1.13. The business’s 50-day moving average price is $64.74.

PROS (NYSE:PRO) last posted its quarterly earnings data on Thursday, July 25th. The software maker reported ($0.22) earnings per share for the quarter, topping the consensus estimate of ($0.23) by $0.01. PROS had a negative net margin of 28.41% and a negative return on equity of 71.49%. The firm had revenue of $63.88 million for the quarter, compared to analysts’ expectations of $61.41 million. During the same period in the previous year, the company posted ($0.16) EPS. The company’s quarterly revenue was up 34.8% compared to the same quarter last year. Equities analysts forecast that PROS will post -0.88 EPS for the current fiscal year.

Several institutional investors have recently bought and sold shares of the company. Redwood Investments LLC purchased a new position in shares of PROS during the 2nd quarter valued at $11,465,000. Virginia Retirement Systems ET AL purchased a new position in shares of PROS during the 2nd quarter valued at $1,607,000. Strs Ohio purchased a new position in shares of PROS during the 2nd quarter valued at $25,000. First Trust Advisors LP grew its holdings in shares of PROS by 70.3% during the 1st quarter. First Trust Advisors LP now owns 72,766 shares of the software maker’s stock valued at $3,074,000 after acquiring an additional 30,043 shares in the last quarter. Finally, Metropolitan Life Insurance Co NY grew its holdings in shares of PROS by 7.5% during the 1st quarter. Metropolitan Life Insurance Co NY now owns 10,023 shares of the software maker’s stock valued at $423,000 after acquiring an additional 697 shares in the last quarter.

PROS Company Profile

PROS Holdings, Inc offers artificial intelligence (AI) solutions that power commerce in the digital economy worldwide. The company's solutions enable buying experiences for business-to-business (B2B) and business-to-consumer companies. It delivers its cloud-based solutions through the Internet as a Service on a subscription basis.

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Analyst Recommendations for PROS (NYSE:PRO)

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