Park City Group, Inc. (NASDAQ:PCYG) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Brokerages have set a 1 year consensus price objective of $11.50 for the company and are forecasting that the company will post $0.04 earnings per share for the current quarter, according to Zacks. Zacks has also given Park City Group an industry rank of 69 out of 256 based on the ratings given to related companies.
PCYG has been the topic of a number of research reports. Zacks Investment Research lowered Park City Group from a “hold” rating to a “sell” rating in a research report on Friday, May 17th. ValuEngine lowered Park City Group from a “hold” rating to a “sell” rating in a research report on Friday, May 10th.
A number of hedge funds have recently modified their holdings of PCYG. Acadian Asset Management LLC bought a new stake in Park City Group during the 2nd quarter worth $46,000. Weiss Asset Management LP bought a new stake in Park City Group during the 2nd quarter worth $88,000. Connors Investor Services Inc. grew its position in Park City Group by 8.0% during the 2nd quarter. Connors Investor Services Inc. now owns 47,886 shares of the technology company’s stock worth $257,000 after acquiring an additional 3,534 shares during the last quarter. Paloma Partners Management Co bought a new stake in Park City Group during the 2nd quarter worth $306,000. Finally, Handelsbanken Fonder AB bought a new stake in Park City Group during the 1st quarter worth $487,000. Institutional investors and hedge funds own 26.98% of the company’s stock.
Shares of PCYG traded up $0.16 during midday trading on Wednesday, hitting $5.84. The company’s stock had a trading volume of 47,742 shares, compared to its average volume of 53,588. Park City Group has a one year low of $4.76 and a one year high of $10.33. The company’s fifty day simple moving average is $5.11 and its two-hundred day simple moving average is $6.63. The company has a quick ratio of 3.07, a current ratio of 3.07 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $105.52 million, a price-to-earnings ratio of 38.93, a price-to-earnings-growth ratio of 0.94 and a beta of 1.71.
Park City Group Company Profile
Park City Group, Inc, a software-as-a-service provider, designs, develops, and markets proprietary software products in the United States. The company offers ReposiTrak MarketPlace, a supplier discovery and B2B e-commerce solution that is used for sourcing products, and enables to screen and choose suppliers; ReposiTrak Compliance and Food Safety Solutions, which reduces potential regulatory and legal risk from their supply chain partners; and ReposiTrak Supply Chain Solutions, which enables customers to manage relationships with suppliers.
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