PROS Holdings, Inc. (PRO) Surges to 52-Week High, Is Now Top Performer

June 16, 2018 - By Clifton Ray

PROS Holdings, Inc. (NYSE:PRO) Logo

Investors sentiment decreased to 1.1 in 2018 Q1. Its down 0.27, from 1.37 in 2017Q4. It dropped, as 8 investors sold PROS Holdings, Inc. shares while 34 reduced holdings. 15 funds opened positions while 31 raised stakes. 31.16 million shares or 0.66% less from 31.37 million shares in 2017Q4 were reported.
Vanguard reported 0% stake. Moreover, Bancorp Of Ny Mellon Corporation has 0% invested in PROS Holdings, Inc. (NYSE:PRO). Ny State Common Retirement Fund reported 873,207 shares. Stifel Fin invested in 0% or 26,591 shares. Df Dent reported 2.92M shares or 2.23% of all its holdings. State Street Corporation holds 0% in PROS Holdings, Inc. (NYSE:PRO) or 536,853 shares. Waddell & Reed Inc has 0.04% invested in PROS Holdings, Inc. (NYSE:PRO). Geode Cap Llc owns 242,853 shares. Granahan Investment Mngmt Ma holds 218,529 shares. The Germany-based Deutsche State Bank Ag has invested 0.01% in PROS Holdings, Inc. (NYSE:PRO). Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in PROS Holdings, Inc. (NYSE:PRO). Engineers Gate Manager L P holds 0.05% in PROS Holdings, Inc. (NYSE:PRO) or 21,098 shares. Tower Rech Limited Liability Co (Trc) reported 0% in PROS Holdings, Inc. (NYSE:PRO). Voya Ltd Limited Liability Company has 437,815 shares for 0.03% of their portfolio. Ameritas Invest Prtnrs holds 0% or 2,306 shares in its portfolio.

Since February 14, 2018, it had 0 buys, and 4 selling transactions for $1.96 million activity.

The stock of PROS Holdings, Inc. (NYSE:PRO) hit a new 52-week high and has $40.01 target or 7.00 % above today’s $37.39 share price. The 8 months bullish chart indicates low risk for the $1.22B company. The 1-year high was reported on Jun, 16 by Barchart.com. If the $40.01 price target is reached, the company will be worth $85.33 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.85% or $0.68 during the last trading session, reaching $37.39. About 163,677 shares traded. PROS Holdings, Inc. (NYSE:PRO) has risen 19.83% since June 16, 2017 and is uptrending. It has outperformed by 7.26% the S&P500.

Analysts await PROS Holdings, Inc. (NYSE:PRO) to report earnings on August, 2. They expect $-0.34 earnings per share, up 2.86 % or $0.01 from last year’s $-0.35 per share. After $-0.37 actual earnings per share reported by PROS Holdings, Inc. for the previous quarter, Wall Street now forecasts -8.11 % EPS growth.

PROS Holdings, Inc. (NYSE:PRO) Ratings Coverage

Among 5 analysts covering Pros Holdings (NYSE:PRO), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Pros Holdings had 6 analyst reports since February 2, 2018 according to SRatingsIntel. Northland Capital upgraded the stock to “Outperform” rating in Monday, May 21 report. The firm has “Buy” rating given on Thursday, April 12 by KeyBanc Capital Markets. The rating was maintained by KeyBanc Capital Markets on Tuesday, May 8 with “Overweight”.

More news for PROS Holdings, Inc. (NYSE:PRO) were recently published by: Businesswire.com, which released: “PROS Holdings, Inc. to Present at Stifel 2018 Cross Sector Insight Conference” on June 05, 2018. Streetinsider.com‘s article titled: “Nomura/Instinet Starts PROS Holdings (PRO) at Buy” and published on June 14, 2018 is yet another important article.

PROS Holdings, Inc. provides revenue and profit realization software solutions worldwide. The company has market cap of $1.22 billion. The Company’s solutions allow clients to experience revenue growth, sustained profitability, and modernized business processes across a range of industries, including manufacturing, distribution, services, and travel. It currently has negative earnings. The firm offers SellingPRO solutions, which include configuration, quoting, and eCommerce capabilities with data science; and PricingPRO solutions that provides pricing recommendations services, as well as controls pricing execution.

PROS Holdings, Inc. (NYSE:PRO) Institutional Positions Chart

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