In the past week, PRO stock has gone up by 25.72%, with a monthly gain of 23.35% and a quarterly plunge of -5.60%. The volatility ratio for the week is 3.13%, and the volatility levels for the last 30 days are 3.48% for Pros Holdings Inc The simple moving average for the past 20 days is 18.78% for PRO’s stock, with a -20.23% simple moving average for the past 200 days.
Is It Worth Investing in Pros Holdings Inc (NYSE: PRO) Right Now?
PRO has 36-month beta value of 1.21. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The public float for PRO is 42.71M, and currently, short sellers hold a 7.64% ratio of that float. The average trading volume of PRO on October 30, 2024 was 692.00K shares.
PRO) stock’s latest price update
The stock of Pros Holdings Inc (NYSE: PRO) has increased by 14.76 when compared to last closing price of 19.38.Despite this, the company has seen a gain of 25.72% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-29 that PROS Holdings, Inc. (NYSE:PRO ) Q3 2024 Earnings Conference Call October 29, 2024 4:45 PM ET Company Participants Belinda Overdeput – Senior Director, Investor Relations Andres Reiner – President and CEO Stefan Schulz – Chief Financial Officer Conference Call Participants Scott Berg – Needham & Company Parker Lane – Stifel Rob Oliver – Baird Zane Meehan – KeyBanc Capital Markets Brian Schwartz – Oppenheimer & Company Nehal Chokshi – Northland Capital Markets Jeff Van Reeve – Craig-Hallum Capital Group Operator Greetings. Welcome to PROS Holdings Third Quarter 2024 Earnings Conference Call.
Analysts’ Opinion of PRO
Craig Hallum, on the other hand, stated in their research note that they expect to see PRO reach a price target of $32, previously predicting the price at $40. The rating they have provided for PRO stocks is “Hold” according to the report published on July 09th, 2024.
KeyBanc Capital Markets gave a rating of “Overweight” to PRO, setting the target price at $43 in the report published on January 12th of the current year.
PRO Trading at 19.88% from the 50-Day Moving Average
After a stumble in the market that brought PRO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -45.74% of loss for the given period.
Volatility was left at 3.48%, however, over the last 30 days, the volatility rate increased by 3.13%, as shares surge +22.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.19% upper at present.
During the last 5 trading sessions, PRO rose by +25.16%, which changed the moving average for the period of 200-days by -36.51% in comparison to the 20-day moving average, which settled at $18.72. In addition, Pros Holdings Inc saw -42.67% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PRO starting from Reiner Andres, who purchase 7,500 shares at the price of $17.85 back on Sep 16 ’24. After this action, Reiner Andres now owns 1,015,752 shares of Pros Holdings Inc, valued at $133,875 using the latest closing price.
Reiner Andres, the President & CEO of Pros Holdings Inc, purchase 7,500 shares at $17.20 during a trade that took place back on Sep 12 ’24, which means that Reiner Andres is holding 1,008,252 shares at $129,000 based on the most recent closing price.
Stock Fundamentals for PRO
Current profitability levels for the company are sitting at:
- -0.09 for the present operating margin
- 0.64 for the gross margin
The net margin for Pros Holdings Inc stands at -0.09. The total capital return value is set at -0.13.
Based on Pros Holdings Inc (PRO), the company’s capital structure generated 1.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06. The debt to equity ratio resting at -3.98. The interest coverage ratio of the stock is -6.09.
Currently, EBITDA for the company is -33.01 million with net debt to EBITDA at -8.3. When we switch over and look at the enterprise to sales, we see a ratio of 3.69. The receivables turnover for the company is 6.7for trailing twelve months and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.19.
Conclusion
To put it simply, Pros Holdings Inc (PRO) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
