PROS Holdings Inc. (NYSE:PRO) shares fell to a low of $47.34 before closing at $48.02. Intraday shares traded counted 0.33 million, which was -15.44% lower than its 30-day average trading volume of 287.27K. PRO’s previous close was $47.67 while the outstanding shares total 44.24M. The firm has a beta of 1.67. The stock’s Relative Strength Index (RSI) is 67.70, with weekly volatility at 3.10% and ATR at 1.52. The PRO stock’s 52-week price range has touched low of $24.55 and a $51.83 high. The stock traded higher over the last trading session, gaining 0.73% on 06/10/21.
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 $2.06 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. In terms of their assets, the company currently has 394.14 million total, with 160.38 million as their total liabilities.
PRO were able to record -5.73 million as free cash flow during the 08/05/2021 quarter of the year, this saw their quarterly net cash flow reduce by -5.21 million. In cash movements, the company had a total of -4.43 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 08/05/2021 quarter of the year, PROS Holdings Inc. recorded a total of 61.38 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -8.04% coming in sequential stages and their sales for the 08/05/2021 quarter increasing by 0.85%.
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 26.49 million trying to sell their products during the last quarter, with the result yielding a gross income of 34.89 million. This allows shareholders to hold on to 44.24M with the recently reported earning now reading -0.50 cents per share. This is a figure that compared to analyst’s prediction for their 08/05/2021 (-0.42 cents a share).
Having a look at the company’s valuation, the company is expected to record -1.22 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, Sr.VP,Chief Accounting Officer, Cook Scott William sold 1,500 shares of the company’s stock in a transaction that recorded on Jun 08. The sale was performed at an average price of 49.00, for a total value of 73,500. As the sale deal closes, the Sr.VP,Chief Accounting Officer, Cook Scott William now sold 1,500 shares of the company’s stock, valued at 72,000. Also, Chief Operating Officer, RECHAN LESLIE J sold 13,240 shares of the company’s stock in a deal that was recorded on May 14. The shares were price at an average price of 38.38 per share, with a total market value of 508,151. Following this completion of acquisition, the EVP and CFO, Schulz Stefan B now holds 35,000 shares of the company’s stock, valued at 1,410,150. In the last 6 months, insiders have changed their ownership in shares of company stock by 10.40%.
4 out of 10 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on PROS Holdings Inc.. 1 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 $47.00.