Park City Group (PCYG) – Investment Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Park City Group (NASDAQ: PCYG):

  • 2/5/2019 – Park City Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Park City Group offers a robust set of solutions and it capitalizes on its prestigious user base as customers rapidly deploy and license additional software for their multi-location businesses. Park City Group was founded by Randy Fields, the co-founder and former chairman of Mrs. Fields Cookies. Public since May 2001, the company’s strategy is to rapidly expand its market share within the grocery and specialty retail sectors. “
  • 2/1/2019 – Park City Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $9.50 price target on the stock. According to Zacks, “Park City Group offers a robust set of solutions and it capitalizes on its prestigious user base as customers rapidly deploy and license additional software for their multi-location businesses. Park City Group was founded by Randy Fields, the co-founder and former chairman of Mrs. Fields Cookies. Public since May 2001, the company’s strategy is to rapidly expand its market share within the grocery and specialty retail sectors. “
  • 1/26/2019 – Park City Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $8.75 price target on the stock. According to Zacks, “Park City Group offers a robust set of solutions and it capitalizes on its prestigious user base as customers rapidly deploy and license additional software for their multi-location businesses. Park City Group was founded by Randy Fields, the co-founder and former chairman of Mrs. Fields Cookies. Public since May 2001, the company’s strategy is to rapidly expand its market share within the grocery and specialty retail sectors. “
  • 1/25/2019 – Park City Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Park City Group offers a robust set of solutions and it capitalizes on its prestigious user base as customers rapidly deploy and license additional software for their multi-location businesses. Park City Group was founded by Randy Fields, the co-founder and former chairman of Mrs. Fields Cookies. Public since May 2001, the company’s strategy is to rapidly expand its market share within the grocery and specialty retail sectors. “
  • 1/12/2019 – Park City Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Park City Group offers a robust set of solutions and it capitalizes on its prestigious user base as customers rapidly deploy and license additional software for their multi-location businesses. Park City Group was founded by Randy Fields, the co-founder and former chairman of Mrs. Fields Cookies. Public since May 2001, the company’s strategy is to rapidly expand its market share within the grocery and specialty retail sectors. “
  • 1/11/2019 – Park City Group was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 1/11/2019 – Park City Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $8.25 price target on the stock. According to Zacks, “Park City Group offers a robust set of solutions and it capitalizes on its prestigious user base as customers rapidly deploy and license additional software for their multi-location businesses. Park City Group was founded by Randy Fields, the co-founder and former chairman of Mrs. Fields Cookies. Public since May 2001, the company’s strategy is to rapidly expand its market share within the grocery and specialty retail sectors. “
  • 12/28/2018 – Park City Group was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.

Shares of NASDAQ:PCYG traded down $0.02 during midday trading on Tuesday, hitting $8.21. 530 shares of the company’s stock traded hands, compared to its average volume of 26,486. The company has a current ratio of 2.62, a quick ratio of 2.62 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $163.58 million, a price-to-earnings ratio of 54.73, a PEG ratio of 1.49 and a beta of 1.68. Park City Group, Inc. has a twelve month low of $5.64 and a twelve month high of $11.75.

Park City Group (NASDAQ:PCYG) last posted its earnings results on Thursday, February 7th. The technology company reported $0.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.03. The business had revenue of $5.57 million for the quarter, compared to analyst estimates of $6.13 million. Park City Group had a net margin of 18.95% and a return on equity of 11.07%. On average, analysts predict that Park City Group, Inc. will post 0.25 earnings per share for the current year.

Large investors have recently bought and sold shares of the stock. BlackRock Inc. increased its stake in Park City Group by 16.2% during the 2nd quarter. BlackRock Inc. now owns 717,515 shares of the technology company’s stock worth $5,668,000 after buying an additional 100,236 shares during the period. Investment Management of Virginia LLC increased its stake in Park City Group by 232.1% during the 4th quarter. Investment Management of Virginia LLC now owns 138,075 shares of the technology company’s stock worth $824,000 after buying an additional 96,495 shares during the period. Uniplan Investment Counsel Inc. increased its stake in Park City Group by 11.0% during the 3rd quarter. Uniplan Investment Counsel Inc. now owns 627,857 shares of the technology company’s stock worth $6,341,000 after buying an additional 62,295 shares during the period. Bridge City Capital LLC increased its stake in Park City Group by 57.0% during the 4th quarter. Bridge City Capital LLC now owns 79,357 shares of the technology company’s stock worth $474,000 after buying an additional 28,801 shares during the period. Finally, LVW Advisors LLC increased its stake in Park City Group by 80.0% during the 3rd quarter. LVW Advisors LLC now owns 45,000 shares of the technology company’s stock worth $455,000 after buying an additional 20,000 shares during the period. Institutional investors and hedge funds own 28.72% of the company’s stock.

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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