Somewhat Positive Media Coverage Somewhat Unlikely to Impact PROS (PRO) Stock Price

News coverage about PROS (NYSE:PRO) has trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PROS earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave media coverage about the software maker an impact score of 46.2643958573317 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

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

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Shares of PRO stock opened at $33.47 on Friday. PROS has a one year low of $21.36 and a one year high of $34.91. The stock has a market cap of $1,090.57, a P/E ratio of -21.88 and a beta of 1.20. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of -4.54.



PROS (NYSE:PRO) last announced its quarterly earnings data on Tuesday, February 6th. The software maker reported ($0.13) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.18) by $0.05. The firm had revenue of $46.34 million for the quarter, compared to analysts’ expectations of $44.68 million. During the same period last year, the company posted ($0.21) earnings per share. The business’s revenue for the quarter was up 16.1% compared to the same quarter last year. analysts forecast that PROS will post -1.27 EPS for the current year.

PRO has been the subject of several research reports. Zacks Investment Research lowered shares of PROS from a “buy” rating to a “hold” rating in a research note on Wednesday, December 27th. DA Davidson initiated coverage on shares of PROS in a research report on Friday, February 2nd. They set a “neutral” rating and a $28.00 price objective on the stock. Needham & Company LLC increased their price objective on shares of PROS to $40.00 and gave the company a “strong-buy” rating in a research report on Monday, March 5th. Finally, ValuEngine raised shares of PROS from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $31.83.

In other news, CEO Andres Reiner sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, March 14th. The shares were sold at an average price of $32.99, for a total transaction of $494,850.00. Following the sale, the chief executive officer now owns 470,074 shares of the company’s stock, valued at approximately $15,507,741.26. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Ronald F. Woestemeyer sold 250,000 shares of the firm’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $31.00, for a total transaction of $7,750,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 550,000 shares of company stock worth $17,113,250 over the last three months. 15.40% of the stock is currently owned by insiders.

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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.

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

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