PROS (PRO) Earning Somewhat Favorable Press Coverage, Analysis Finds

Share on StockTwits

News stories about PROS (NYSE:PRO) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PROS earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned headlines about the software maker an impact score of 46.5835998184689 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:

PROS stock traded down $0.52 on Thursday, reaching $35.99. 12 shares of the stock were exchanged, compared to its average volume of 400,092. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of -23.59 and a beta of 1.23. The company has a debt-to-equity ratio of -3.19, a current ratio of 1.65 and a quick ratio of 1.65. PROS has a twelve month low of $21.36 and a twelve month high of $41.10.

PROS (NYSE:PRO) last released its earnings results on Thursday, July 26th. The software maker reported ($0.16) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.04. The firm had revenue of $47.40 million for the quarter, compared to analyst estimates of $46.30 million. The firm’s revenue was up 17.3% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.22) EPS. sell-side analysts expect that PROS will post -1.35 earnings per share for the current year.

Several equities research analysts recently issued reports on the stock. DA Davidson lifted their price objective on shares of PROS to $31.00 and gave the company a “neutral” rating in a research note on Friday, May 18th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of PROS from a “hold” rating to a “sell” rating in a research note on Thursday, May 3rd. Nomura assumed coverage on shares of PROS in a research note on Thursday, June 14th. They issued a “buy” rating and a $42.00 price objective for the company. Northland Securities raised shares of PROS from a “market perform” rating to an “outperform” rating in a research note on Friday, June 1st. Finally, KeyCorp assumed coverage on shares of PROS in a research note on Tuesday, May 8th. They issued an “overweight” rating and a $40.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, four have given a buy rating and two have issued a strong buy rating to the company. PROS presently has a consensus rating of “Buy” and a consensus target price of $38.38.

In other PROS news, CEO Andres Reiner sold 10,000 shares of the business’s stock in a transaction on Tuesday, July 17th. The shares were sold at an average price of $38.29, for a total transaction of $382,900.00. Following the completion of the transaction, the chief executive officer now owns 465,399 shares of the company’s stock, valued at approximately $17,820,127.71. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last three months, insiders have sold 30,000 shares of company stock valued at $1,109,400. Company insiders own 15.40% of the company’s stock.

About PROS

PROS Holdings, Inc, a cloud software company, provides solutions for companies to price, configure, and sell their products and services to their customers. The company offers SellingPRO solutions, which include configuration, quoting, and e-commerce capabilities with data science; and PricingPRO solutions that deliver insight into pricing practices and provides pricing recommendations, as well as enhances control over pricing execution.

Recommended Story: Short Selling Stocks, A Beginner’s Guide

Insider Buying and Selling by Quarter for PROS (NYSE:PRO)

Receive News & Ratings for PROS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PROS and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply