Pros Holdings Inc (PRO): Investing In A Time Of Crisis

Pros Holdings Inc (NYSE:PRO) currently has a daily average trading volume of 481.03K but it saw 305131 shares traded in last market. With a market cap of 768.09M USD, the company’s current market price of $16.07 came rising about 0.44 while comparing to the previous closing price of $16.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $34.71 and as low as $14.81. In the recent trading on the day, stock has struck highest price mark of $15.91 while lowest mark touched by it was $16.335.

Taking a look at 20-day trading activity of Pros Holdings Inc (PRO) gives us an average price of $18.09, while its current price level is -53.70% below from 52-week high level whereas it is 8.51% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $21.74 while that of 200 days or SMA-200 reads an average of $21.60. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.90% during that period while stretching the period over a month that increases to 4.65%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 32.06 which implies that the stock is in neutral territory.

Craig Hallum upgraded its recommendation for the stock as a “Buy” from “Hold” on October 30, 2024 while assigning a price target of $31. Craig Hallum also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $40 and $32.

Over the week, PRO’s stock price is moving -2.78% down while it is -23.37% when we observe its performance for the past one month. Year-to-date it is -26.82% down and over the past year, the stock is showing a downside performance of -52.27%.

The company is expected to be releasing its next quarterly report on 2025-Feb-05, for which analysts forecasted an EPS of 0.12 while estimate for next year EPS is 0.61. In next quarter, company is expected to be making quarterly sales of $89.24M as analysts are expecting the sales for current fiscal year at $360.17M and seeing the company making $396.96M in sales next year. Moreover, analysts are in estimates of $85.66M for current-quarter revenue.

Currently, Pros Holdings Inc’s total number of outstanding shares is 47.40M with 9.24% of that held by the insiders while 95.04% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -9.06%. It has a 18.57 of forward P/E ratio. Stock’s beta reads 1.09. Stock has a price to sale or P/S ratio amounts to 2.32. Its return on asset (ROA) is -4.86% on average.