PROS (NYSE:PRO) Announces Earnings Results

PROS (NYSE:PRO) released its earnings results on Thursday. The software maker reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.15), Zacks reports. PROS updated its FY 2025 guidance to EPS and its Q1 2025 guidance to 0.100-0.120 EPS.

PROS Price Performance

Shares of PRO stock traded down $0.41 during trading hours on Thursday, hitting $24.89. The company had a trading volume of 672,849 shares, compared to its average volume of 424,580. The stock has a market capitalization of $1.18 billion, a PE ratio of -40.14 and a beta of 1.22. The company’s fifty day moving average is $23.19 and its 200 day moving average is $21.23. PROS has a fifty-two week low of $16.64 and a fifty-two week high of $38.71.

Analysts Set New Price Targets

A number of brokerages recently commented on PRO. Needham & Company LLC reduced their price objective on PROS from $40.00 to $30.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th. Oppenheimer cut shares of PROS from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 16th. Robert W. Baird raised their price objective on shares of PROS from $28.00 to $30.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. KeyCorp decreased their target price on shares of PROS from $36.00 to $28.00 and set an “overweight” rating on the stock in a report on Wednesday, October 30th. Finally, StockNews.com upgraded shares of PROS from a “hold” rating to a “buy” rating in a report on Saturday, November 16th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $31.88.

About PROS

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.