Park City Group, Inc. (NASDAQ:PCYG) – Research analysts at DA Davidson issued their FY2017 earnings estimates for shares of Park City Group in a research report issued on Wednesday. DA Davidson analyst T. Forte anticipates that the technology company will post earnings of $0.16 per share for the year. DA Davidson has a “Buy” rating and a $15.00 price objective on the stock. DA Davidson also issued estimates for Park City Group’s Q4 2017 earnings at $0.05 EPS, FY2018 earnings at $0.31 EPS, FY2019 earnings at $0.48 EPS, FY2020 earnings at $0.69 EPS, FY2021 earnings at $0.64 EPS and FY2022 earnings at $0.81 EPS.

TRADEMARK VIOLATION NOTICE: “FY2017 Earnings Estimate for Park City Group, Inc. Issued By DA Davidson (PCYG)” was reported by American Banking News and is the property of of American Banking News. If you are accessing this article on another domain, it was stolen and republished in violation of United States & international copyright & trademark legislation. The legal version of this article can be read at https://www.americanbankingnews.com/2017/09/11/fy2017-earnings-estimate-for-park-city-group-inc-issued-by-da-davidson-pcyg.html.

Separately, Loop Capital assumed coverage on shares of Park City Group in a research report on Wednesday, August 2nd. They set a “buy” rating and a $18.00 price objective for the company.

Shares of Park City Group (NASDAQ:PCYG) opened at 12.30 on Monday. The company has a 50 day moving average of $12.81 and a 200-day moving average of $12.67. The firm has a market cap of $238.77 million, a price-to-earnings ratio of 96.85 and a beta of 1.44. Park City Group has a one year low of $10.54 and a one year high of $17.00.

Hedge funds have recently added to or reduced their stakes in the stock. Parsons Capital Management Inc. RI increased its position in Park City Group by 657.2% during the 1st quarter. Parsons Capital Management Inc. RI now owns 116,225 shares of the technology company’s stock worth $1,435,000 after purchasing an additional 100,875 shares in the last quarter. Cannell Peter B & Co. Inc. increased its position in Park City Group by 3.4% during the 2nd quarter. Cannell Peter B & Co. Inc. now owns 601,292 shares of the technology company’s stock worth $7,306,000 after purchasing an additional 20,000 shares in the last quarter. Legato Capital Management LLC acquired a new position in Park City Group during the 2nd quarter worth approximately $287,000. Uniplan Investment Counsel Inc. increased its position in Park City Group by 4.9% during the 1st quarter. Uniplan Investment Counsel Inc. now owns 508,301 shares of the technology company’s stock worth $6,277,000 after purchasing an additional 23,911 shares in the last quarter. Finally, UBS Group AG increased its position in Park City Group by 30.2% during the 1st quarter. UBS Group AG now owns 53,594 shares of the technology company’s stock worth $661,000 after purchasing an additional 12,441 shares in the last quarter. Institutional investors and hedge funds own 29.12% of the company’s stock.

About Park City Group

Park City Group, Inc is a software-as-a-service (SaaS) provider. The Company delivers its services through software products designed, developed, marketed and supported by the Company. The Company also has a Professional Services business, which conducts customization, implementation and training. The Company has approximately two services groups, such as The Business Analytics Group and The Professional Services Group.

Receive News & Ratings for Park City Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Park City Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.