Park City Group (PCYG) Announces Earnings Results

Park City Group (NASDAQ:PCYG) released its quarterly earnings results on Thursday. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.03, Zacks reports. Park City Group had a net margin of 17.38% and a return on equity of 10.52%. The company had revenue of $5.57 million during the quarter, compared to analysts’ expectations of $6.13 million.

Shares of NASDAQ PCYG traded up $0.33 during mid-day trading on Friday, hitting $7.84. The company had a trading volume of 111,016 shares, compared to its average volume of 25,515. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.50 and a current ratio of 2.50. Park City Group has a 12 month low of $5.64 and a 12 month high of $11.75. The stock has a market cap of $148.70 million, a PE ratio of 52.27, a PEG ratio of 1.54 and a beta of 1.68.

A number of research firms have issued reports on PCYG. Zacks Investment Research cut shares of Park City Group from a “buy” rating to a “hold” rating in a report on Tuesday. ValuEngine upgraded shares of Park City Group from a “sell” rating to a “hold” rating in a report on Friday, January 11th. Finally, TheStreet cut shares of Park City Group from a “b-” rating to a “c+” rating in a report on Tuesday, October 30th.

ILLEGAL ACTIVITY NOTICE: “Park City Group (PCYG) Announces Earnings Results” was first published by American Banking News and is owned by of American Banking News. If you are reading this report on another website, it was illegally copied and reposted in violation of United States and international trademark & copyright laws. The legal version of this report can be read at https://www.americanbankingnews.com/2019/02/08/park-city-group-pcyg-announces-earnings-results.html.

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.

Featured Story: Diversification in Investing

Earnings History for Park City Group (NASDAQ:PCYG)

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

Leave a Reply