Oppenheimer analyst Brian Schwartz maintained a Buy rating on PROS Holdings (PRO – Research Report) today and set a price target of $42.00. The company’s shares closed yesterday at $36.01.
According to TipRanks, Schwartz is a top 100 analyst with an average return of 22.2% and a 66.00% success rate. Schwartz covers the Technology sector, focusing on stocks such as Adobe, Workday, and ServiceNow.
Currently, the analyst consensus on PROS Holdings is a Strong Buy with an average price target of $44.20.
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Based on PROS Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $77.25 million and a GAAP net loss of $13.87 million. In comparison, last year the company earned a revenue of $70.35 million and had a GAAP net loss of $13.85 million
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PRO in relation to earlier this year.
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PROS Holdings (PRO) Company Description:
PROS Holdings, Inc. engages in the provision of cloud software services. Its solutions include selling, pricing, and revenue management. The firm also offers professional services to implement its software solutions. The company was founded by Mariette M. Woestemeyer and Ronald F. Woestemeyer in 1985 and is headquartered in Houston, TX.
Read More on PRO:
- Pros Holdings Q4 2023 Investor Presentation Released
- 3 Best Stocks to Buy Now, 2/8/2024, According to Top Analysts
- PRO Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Pros Holdings upgraded to Overweight from Sector Weight at KeyBanc
- Pros Holdings to participate in a conference call with Northland
