PROS (NYSE:PRO) Downgraded by Northland Capmk to Hold

Northland Capmk downgraded shares of PROS (NYSE:PRO) from a strong-buy rating to a hold rating in a research report report published on Tuesday,Zacks.com reports.

PRO has been the topic of a number of other reports. KeyCorp cut PROS from an “overweight” rating to a “sector weight” rating in a report on Tuesday, September 23rd. Needham & Company LLC cut PROS from a “buy” rating to a “hold” rating and set a $25.00 target price for the company. in a research report on Tuesday, September 23rd. Baird R W cut PROS from a “strong-buy” rating to a “hold” rating in a report on Monday, June 16th. Wall Street Zen upgraded PROS from a “hold” rating to a “buy” rating in a research note on Sunday, July 13th. Finally, Stifel Nicolaus cut their price objective on shares of PROS from $24.00 to $20.00 and set a “buy” rating for the company in a report on Tuesday, July 8th. Three analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $23.75.

PROS Price Performance

PRO opened at $22.92 on Tuesday. The company has a 50 day simple moving average of $16.35 and a two-hundred day simple moving average of $16.90. The firm has a market cap of $1.10 billion, a P/E ratio of -104.18 and a beta of 1.02. PROS has a 1-year low of $13.61 and a 1-year high of $29.84.

PROS (NYSE:PRO) last announced its quarterly earnings data on Thursday, July 31st. The software maker reported $0.13 EPS for the quarter, beating the consensus estimate of $0.06 by $0.07. The firm had revenue of $88.72 million for the quarter, compared to the consensus estimate of $87.70 million. During the same quarter in the previous year, the business earned $0.07 earnings per share. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. PROS has set its FY 2025 guidance at EPS. Q3 2025 guidance at 0.150-0.17 EPS. Equities analysts anticipate that PROS will post -0.2 earnings per share for the current year.

Hedge Funds Weigh In On PROS

Institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC lifted its stake in shares of PROS by 2,716.9% in the 1st quarter. GAMMA Investing LLC now owns 2,169 shares of the software maker’s stock valued at $41,000 after purchasing an additional 2,092 shares during the last quarter. FNY Investment Advisers LLC bought a new position in shares of PROS during the 2nd quarter valued at approximately $70,000. Tower Research Capital LLC TRC raised its holdings in PROS by 319.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,851 shares of the software maker’s stock valued at $107,000 after buying an additional 5,217 shares during the period. CWM LLC lifted its position in PROS by 153.6% in the first quarter. CWM LLC now owns 7,666 shares of the software maker’s stock worth $146,000 after buying an additional 4,643 shares during the last quarter. Finally, Virtus Advisers LLC bought a new stake in PROS in the first quarter worth $170,000. Institutional investors own 94.27% of the company’s stock.

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.