Procore Technologies, Inc. (NYSE:PCOR – Get Free Report) Director Connor Kevin J. O sold 5,128 shares of the stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $67.10, for a total transaction of $344,088.80. Following the transaction, the director now directly owns 1,226,240 shares of the company’s stock, valued at $82,280,704. This trade represents a 0.42 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Procore Technologies Stock Performance
Shares of NYSE:PCOR opened at $68.28 on Friday. The firm has a market cap of $10.24 billion, a PE ratio of -94.83 and a beta of 0.85. The firm’s 50 day simple moving average is $77.06 and its 200-day simple moving average is $71.15. Procore Technologies, Inc. has a one year low of $49.46 and a one year high of $88.92. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.57 and a current ratio of 1.57.
Procore Technologies (NYSE:PCOR – Get Free Report) last issued its earnings results on Thursday, February 13th. The company reported ($0.35) EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.46). The company had revenue of $302.05 million for the quarter, compared to analysts’ expectations of $297.72 million. Procore Technologies had a negative return on equity of 5.10% and a negative net margin of 9.20%. As a group, equities analysts predict that Procore Technologies, Inc. will post -0.15 EPS for the current year.
Hedge Funds Weigh In On Procore Technologies
Wall Street Analysts Forecast Growth
PCOR has been the subject of a number of analyst reports. Scotiabank increased their price target on shares of Procore Technologies from $70.00 to $85.00 and gave the company a “sector outperform” rating in a report on Friday, November 22nd. Mizuho increased their price target on shares of Procore Technologies from $65.00 to $75.00 and gave the company a “neutral” rating in a report on Friday, December 13th. The Goldman Sachs Group increased their price target on shares of Procore Technologies from $73.00 to $83.00 and gave the company a “buy” rating in a report on Friday, November 22nd. UBS Group increased their price target on shares of Procore Technologies from $105.00 to $110.00 and gave the company a “buy” rating in a report on Friday, February 14th. Finally, BMO Capital Markets increased their price target on shares of Procore Technologies from $71.00 to $85.00 and gave the company an “outperform” rating in a report on Friday, November 22nd. Four analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Procore Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $90.24.
Check Out Our Latest Stock Report on PCOR
About Procore Technologies
Procore Technologies, Inc engages in the provision of a cloud-based construction management platform and related software products in the United States and internationally. The company’s platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects.
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