The outlook and analysis of Pros Holdings Inc (PRO)’s stock

Pros Holdings Inc [PRO] stock is trading at $37.91, up 0.13%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PRO shares have gain 4.15% over the last week, with a monthly amount glided 4.35%, and seem to be holding up well over a long-time horizon.

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On 8, February 2024, Pros Holdings, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results. In a post published today on Yahoo Finance, Improved operating cash flow by $33.8 million, or 141%, for the full year 2023.

From an analyst’s perspective:

Pros Holdings Inc [NYSE: PRO] stock has seen the most recent analyst activity on January 12, 2024, when KeyBanc Capital Markets upgraded its rating to a Overweight but kept the price target unchanged to $43 for it. Previously, Oppenheimer started tracking the stock with Outperform rating on April 20, 2023, and set its price target to $37. On May 04, 2022, upgrade upgraded it’s rating to Buy but maintained its price target of $35 on the stock. JP Morgan upgraded its rating to a Neutral but $37 remained the price target by the analyst firm on December 14, 2021. RBC Capital Mkts downgraded its rating to Sector Perform for this stock on October 30, 2020, but kept the price target unchanged to $33. In a note dated October 30, 2020, KeyBanc Capital Markets downgraded an Sector Weight rating on this stock.

Pros Holdings Inc [PRO] stock has fluctuated between $24.61 and $40.99 over the past year. Currently, Wall Street analysts expect the stock to reach $43 within the next 12 months. Pros Holdings Inc [NYSE: PRO] shares were valued at $37.91 at the most recent close of the market. An investor can expect a potential return of 13.43% based on the average PRO price forecast.

Analyzing the PRO fundamentals

Pros Holdings Inc [NYSE:PRO] reported sales of 303.71M for the trailing twelve months, which represents a growth of 9.23%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at -0.17%, Pretax Profit Margin comes in at -0.18%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is 0.97 and Total Capital is -0.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-4.17.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 37.25 points at the first support level, and at 36.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.50, and for the 2nd resistance point, it is at 39.10.

Pros Holdings Inc [PRO] reported earnings per share of $0.02 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.05/share, meaning a difference of -$0.03 and a surprise factor of -60.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.09 per share as compared to estimates of $0.03 per share, a difference of $0.06 representing a surprise of 200.00%.

Ratios To Look Out For

For context, Pros Holdings Inc’s Current Ratio is 1.16. In addition, the Quick Ratio stands at 1.16 and the Cash Ratio stands at 0.86. Considering the valuation of this stock, the price to sales ratio is 5.83.

Transactions by insiders

Recent insider trading involved Schulz Stefan B, EVP and CFO, that happened on Mar 04 ’24 when 6000.0 shares were sold. President & CEO, Reiner Andres completed a deal on Mar 01 ’24 to sell 50000.0 shares. Meanwhile, President & CEO Reiner Andres sold 50000.0 shares on Nov 30 ’23.

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