PROS (NYSE:PRO) Announces Quarterly Earnings Results, Misses Estimates By $0.15 EPS

PROS (NYSE:PRO) announced its quarterly earnings results on Thursday. The software maker reported ($0.03) earnings per share (EPS) 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 Trading Down 1.6 %

NYSE:PRO traded down $0.41 during trading hours on Thursday, hitting $24.89. 672,849 shares of the stock were exchanged, compared to its average volume of 424,580. The company has a market cap of $1.18 billion, a P/E ratio of -40.14 and a beta of 1.22. The firm’s fifty day moving average price is $23.19 and its 200 day moving average price is $21.23. PROS has a 52-week low of $16.64 and a 52-week high of $38.71.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Needham & Company LLC decreased their target price on shares of PROS from $40.00 to $30.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. KeyCorp decreased their price objective on shares of PROS from $36.00 to $28.00 and set an “overweight” rating for the company in a research report on Wednesday, October 30th. StockNews.com upgraded PROS from a “hold” rating to a “buy” rating in a research report on Saturday, November 16th. Northland Securities reaffirmed an “outperform” rating and issued a $38.00 price target (down previously from $40.00) on shares of PROS in a report on Wednesday, October 30th. Finally, Craig Hallum upgraded PROS from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a research report on Wednesday, October 30th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, PROS has an average 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.