Procore Technologies, Inc. (NYSE:PCOR – Get Free Report) Director Connor Kevin J. O sold 5,128 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $67.41, for a total value of $345,678.48. Following the transaction, the director now directly owns 1,215,984 shares in the company, valued at $81,969,481.44. This trade represents a 0.42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Procore Technologies Price Performance
Shares of NYSE PCOR opened at $68.28 on Monday. Procore Technologies, Inc. has a twelve month low of $49.46 and a twelve month high of $88.92. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $10.24 billion, a price-to-earnings ratio of -94.83 and a beta of 0.85. The business has a 50 day simple moving average of $77.06 and a 200-day simple moving average of $71.23.
Procore Technologies (NYSE:PCOR – Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported ($0.35) earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.46). The firm had revenue of $302.05 million during the quarter, compared to the consensus estimate of $297.72 million. Procore Technologies had a negative net margin of 9.20% and a negative return on equity of 5.10%. As a group, equities research analysts expect that Procore Technologies, Inc. will post -0.15 earnings per share for the current year.
Institutional Inflows and Outflows
Wall Street Analyst Weigh In
PCOR has been the topic of several recent research reports. JMP Securities boosted their price target on Procore Technologies from $90.00 to $95.00 and gave the stock a “market outperform” rating in a research report on Tuesday, February 18th. Barclays boosted their price target on Procore Technologies from $84.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. BMO Capital Markets boosted their price target on Procore Technologies from $71.00 to $85.00 and gave the stock an “outperform” rating in a research report on Friday, November 22nd. Jefferies Financial Group raised Procore Technologies from a “hold” rating to a “buy” rating and boosted their price target for the stock from $80.00 to $100.00 in a research report on Monday, January 6th. Finally, DA Davidson lifted their price objective on Procore Technologies from $60.00 to $70.00 and gave the stock a “neutral” rating in a report on Friday, November 22nd. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $90.24.
View Our Latest Stock Report on PCOR
Procore Technologies Company Profile
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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