PROS Holdings, Inc. (NYSE:PRO) CAO Scott William Cook sold 1,500 shares of the stock in a transaction that occurred on Monday, June 7th. The shares were sold at an average price of $48.00, for a total value of $72,000.00. Following the transaction, the chief accounting officer now directly owns 34,929 shares of the company’s stock, valued at approximately $1,676,592. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
PRO opened at $48.02 on Friday. The business’s 50-day moving average price is $43.00. The company has a debt-to-equity ratio of 8.20, a current ratio of 2.46 and a quick ratio of 2.46. PROS Holdings, Inc. has a one year low of $24.55 and a one year high of $51.83. The firm has a market capitalization of $2.13 billion, a PE ratio of -27.28 and a beta of 1.67.
PROS (NYSE:PRO) last announced its quarterly earnings data on Tuesday, May 4th. The software maker reported ($0.22) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.27) by $0.05. PROS had a negative return on equity of 55.89% and a negative net margin of 30.82%. The company had revenue of $61.40 million for the quarter, compared to analyst estimates of $60.21 million. During the same quarter in the previous year, the company earned ($0.23) EPS. The firm’s revenue for the quarter was down 7.4% compared to the same quarter last year. As a group, equities research analysts forecast that PROS Holdings, Inc. will post -1.35 earnings per share for the current fiscal year.
Separately, Zacks Investment Research upgraded PROS from a “sell” rating to a “hold” rating in a research report on Saturday, April 3rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. PROS currently has a consensus rating of “Hold” and a consensus price target of $43.67.
PROS Company Profile
PROS Holdings, Inc provides solutions that optimize the processes of selling and shopping in the digital economy worldwide. The company offers PROS Smart CPQ, a tool for sales teams and partners to respond to customer quotes; and PROS Opportunity Detection that increases sales effectiveness and productivity by uncovering sales opportunities in existing accounts for sales teams.
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