PROS Holdings Inc. (NYSE:PRO) shares traded lower over the last trading session, losing -7.56% on 06/26/20. The shares fell to a low of $42.13 before closing at $42.53. Intraday shares traded counted 1.16 million, which was -209.16% lower than its 30-day average trading volume of 374.56K. PRO’s previous close was $46.01 while the outstanding shares total 43.10M. The firm has a beta of 1.50. The stock’s Relative Strength Index (RSI) is 53.31, with weekly volatility at 4.87% and ATR at 2.23. The PRO stock’s 52-week price range has touched low of $19.73 and a $75.39 high.
Investors have identified the Software – Application company PROS Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.99 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
PROS Holdings Inc. (PRO) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For PRO, the company has in raw cash 251.78 million on their books with 7.38 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 320596000 million total, with 177803000 million as their total liabilities.
PRO were able to record -35.58 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by -54.3 million. In cash movements, the company had a total of -24.17 million as operating cash flow.
Potential earnings growth for PROS Holdings Inc. (PRO)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, PROS Holdings Inc. recorded a total of 66.31 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 15.35% coming in sequential stages and their sales for the third quarter increasing by 0.21%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 28.73 million trying to sell their products during the last quarter, with the result yielding a gross income of 37.58 million. This allows shareholders to hold on to 43.10M with the revenue now reading -0.53 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (-0.37 cents a share).
Having a look at the company’s valuation, the company is expected to record -0.96 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on PRO sounds very interesting.
Is the stock of PRO attractive?
In related news, EVP and CFO, Schulz Stefan B sold 6,000 shares of the company’s stock in a transaction that recorded on Jun 01. The sale was performed at an average price of 40.00, for a total value of 240,000. As the sale deal closes, the Director, HERSCHER PENNY now sold 664 shares of the company’s stock, valued at 21,646. Also, Director, WILLIAMS TIMOTHY V sold 581 shares of the company’s stock in a deal that was recorded on May 01. The shares were price at an average price of 33.00 per share, with a total market value of 19,173. Following this completion of acquisition, the Director, Petersen Greg now holds 581 shares of the company’s stock, valued at 19,173. In the last 6 months, insiders have changed their ownership in shares of company stock by 3.60%.
6 out of 11 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on PROS Holdings Inc.. 0 analysts has assigned a Sell rating on the PRO stock. The 12-month mean consensus price target for the company’s shares has been set at $50.80.