Market Recap Check: Pros Holdings Inc (PRO)’s Negative Finish at 17.30, Up/Down -3.03

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The price of Pros Holdings Inc (NYSE: PRO) closed at $17.30 in the last session, down -3.03% from day before closing price of $17.84. In other words, the price has decreased by -$3.03 from its previous closing price. On the day, 0.71 million shares were traded. PRO stock price reached its highest trading level at $18.06 during the session, while it also had its lowest trading level at $17.05.

Ratios:

We take a closer look at PRO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.55. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 1.19.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Craig Hallum on July 09, 2024, Downgraded its rating to Hold and sets its target price to $32 from $40 previously.

On January 12, 2024, KeyBanc Capital Markets Upgraded its rating to Overweight which previously was Sector Weight but kept the price unchanged to $43.

On April 20, 2023, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $37.Oppenheimer initiated its Outperform rating on April 20, 2023, with a $37 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 16 ’24 when Reiner Andres bought 7,500 shares for $17.85 per share. The transaction valued at 133,875 led to the insider holds 1,015,752 shares of the business.

Reiner Andres bought 7,500 shares of PRO for $129,000 on Sep 12 ’24. The President & CEO now owns 1,008,252 shares after completing the transaction at $17.20 per share. On May 14 ’24, another insider, Jourdan Leland, who serves as the Director of the company, sold 2,162 shares for $31.03 each. As a result, the insider received 67,087 and left with 13,313 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRO now has a Market Capitalization of 842160512 and an Enterprise Value of 978400192. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.57. Its current Enterprise Value per Revenue stands at 3.082 whereas that against EBITDA is -36.8.

Stock Price History:

Over the past 52 weeks, PRO has reached a high of $40.99, while it has fallen to a 52-week low of $16.64. The 50-Day Moving Average of the stock is -18.99%, while the 200-Day Moving Average is calculated to be -44.13%.

Shares Statistics:

According to the various share statistics, PRO traded on average about 697.47K shares per day over the past 3-months and 790250 shares per day over the past 10 days. A total of 46.50M shares are outstanding, with a floating share count of 42.73M. Insiders hold about 9.48% of the company’s shares, while institutions hold 106.10% stake in the company. Shares short for PRO as of 1724976000 were 3459620 with a Short Ratio of 4.96, compared to 1722384000 on 3870064. Therefore, it implies a Short% of Shares Outstanding of 3459620 and a Short% of Float of 8.49.

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