Park City Group, Inc. (NASDAQ:PCYG) – Research analysts at DA Davidson issued their Q1 2018 earnings per share estimates for shares of Park City Group in a research note issued to investors on Thursday. DA Davidson analyst T. Forte forecasts that the technology company will post earnings of $0.06 per share for the quarter. DA Davidson currently has a “Buy” rating and a $15.00 target price on the stock. DA Davidson also issued estimates for Park City Group’s Q2 2018 earnings at $0.07 EPS, Q3 2018 earnings at $0.08 EPS, Q4 2018 earnings at $0.08 EPS, FY2018 earnings at $0.29 EPS, FY2019 earnings at $0.45 EPS, FY2020 earnings at $0.66 EPS, FY2021 earnings at $0.63 EPS and FY2022 earnings at $0.80 EPS.

Separately, Loop Capital initiated coverage on Park City Group in a research note on Wednesday, August 2nd. They issued a “buy” rating and a $18.00 target price on the stock.

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Park City Group (NASDAQ:PCYG) opened at 11.75 on Monday. The firm has a market cap of $228.09 million, a P/E ratio of 92.52 and a beta of 1.44. Park City Group has a one year low of $10.67 and a one year high of $17.00. The firm’s 50-day moving average price is $12.50 and its 200 day moving average price is $12.52.

Park City Group (NASDAQ:PCYG) last announced its quarterly earnings results on Wednesday, September 13th. The technology company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.02). Park City Group had a net margin of 19.95% and a return on equity of 11.50%. The company had revenue of $5.19 million for the quarter, compared to analyst estimates of $5.03 million.

Several large investors have recently bought and sold shares of the business. Cannell Peter B & Co. Inc. increased its position in shares of 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 during the last quarter. Uniplan Investment Counsel Inc. increased its position in shares of 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 during the last quarter. Vanguard Group Inc. increased its position in shares of Park City Group by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 487,511 shares of the technology company’s stock worth $5,923,000 after purchasing an additional 6,530 shares during the last quarter. State Street Corp increased its position in shares of Park City Group by 7.9% during the 2nd quarter. State Street Corp now owns 183,878 shares of the technology company’s stock worth $2,235,000 after purchasing an additional 13,447 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of Park City Group by 7.6% during the 2nd quarter. Northern Trust Corp now owns 156,991 shares of the technology company’s stock worth $1,908,000 after purchasing an additional 11,039 shares during the last quarter. 29.03% of the stock is currently owned by hedge funds and other institutional investors.

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.

Earnings History and Estimates for Park City Group (NASDAQ:PCYG)

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