Park City Group, Inc. (NASDAQ:PCYG) has earned an average broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.

Brokers have set a 1-year consensus target price of $16.50 for the company and are predicting that the company will post $0.06 EPS for the current quarter, according to Zacks. Zacks has also assigned Park City Group an industry rank of 166 out of 265 based on the ratings given to related companies.

Several equities analysts have commented on the stock. DA Davidson initiated coverage on shares of Park City Group in a research report on Wednesday, September 6th. They set a “buy” rating and a $15.00 target price on the stock. Zacks Investment Research downgraded Park City Group from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th.

Park City Group (PCYG) traded down $0.20 during midday trading on Tuesday, hitting $9.75. 46,920 shares of the stock were exchanged, compared to its average volume of 64,421. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.29 and a quick ratio of 2.29. The firm has a market capitalization of $189.60, a P/E ratio of 69.64, a PEG ratio of 2.10 and a beta of 1.34. Park City Group has a 1-year low of $9.65 and a 1-year high of $17.00.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Teachers Advisors LLC grew its holdings in Park City Group by 0.4% during the 2nd quarter. Teachers Advisors LLC now owns 19,590 shares of the technology company’s stock worth $238,000 after acquiring an additional 74 shares during the period. Rhumbline Advisers boosted its position in shares of Park City Group by 3.4% during the second quarter. Rhumbline Advisers now owns 12,555 shares of the technology company’s stock worth $153,000 after purchasing an additional 415 shares in the last quarter. MML Investors Services LLC boosted its position in shares of Park City Group by 6.0% during the second quarter. MML Investors Services LLC now owns 15,628 shares of the technology company’s stock worth $190,000 after purchasing an additional 879 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of Park City Group by 15.2% during the second quarter. The Manufacturers Life Insurance Company now owns 11,544 shares of the technology company’s stock worth $140,000 after purchasing an additional 1,519 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Park City Group by 3.9% during the second quarter. Bank of New York Mellon Corp now owns 43,748 shares of the technology company’s stock worth $531,000 after purchasing an additional 1,653 shares in the last quarter. 31.11% of the stock is owned by institutional investors.

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Park City Group Company Profile

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.

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