Park City Group, Inc. (NASDAQ:PCYG) has received a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Brokerages have set a twelve-month consensus price objective of $11.50 for the company and are forecasting that the company will post $0.04 EPS for the current quarter, according to Zacks. Zacks has also given Park City Group an industry rank of 78 out of 256 based on the ratings given to related companies.

A number of brokerages have commented on PCYG. Zacks Investment Research cut shares of Park City Group from a “hold” rating to a “sell” rating in a research note on Friday, May 17th. ValuEngine cut shares of Park City Group from a “hold” rating to a “sell” rating in a research note on Friday, May 10th.

PCYG traded up $0.07 during midday trading on Wednesday, reaching $5.15. 898 shares of the company’s stock were exchanged, compared to its average volume of 54,204. The company has a market cap of $99.36 million, a price-to-earnings ratio of 34.33, a price-to-earnings-growth ratio of 0.87 and a beta of 1.71. The company has a quick ratio of 3.07, a current ratio of 3.07 and a debt-to-equity ratio of 0.01. Park City Group has a one year low of $4.76 and a one year high of $10.33. The company’s 50-day moving average is $5.10.

In other news, Director Austin F. Jr. Noll bought 5,000 shares of the business’s stock in a transaction dated Thursday, May 16th. The stock was bought at an average price of $6.80 per share, for a total transaction of $34,000.00. Following the completion of the purchase, the director now owns 97,360 shares of the company’s stock, valued at approximately $662,048. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 39.90% of the company’s stock.

Several large investors have recently bought and sold shares of PCYG. Acadian Asset Management LLC acquired a new stake in shares of Park City Group in the second quarter valued at approximately $46,000. Weiss Asset Management LP acquired a new stake in shares of Park City Group in the second quarter valued at approximately $88,000. Handelsbanken Fonder AB acquired a new stake in shares of Park City Group in the first quarter valued at approximately $487,000. Geode Capital Management LLC increased its holdings in shares of Park City Group by 4.5% in the fourth quarter. Geode Capital Management LLC now owns 139,959 shares of the technology company’s stock valued at $835,000 after purchasing an additional 5,981 shares in the last quarter. Finally, Ingalls & Snyder LLC increased its holdings in shares of Park City Group by 13.8% in the second quarter. Ingalls & Snyder LLC now owns 159,221 shares of the technology company’s stock valued at $853,000 after purchasing an additional 19,360 shares in the last quarter. Institutional investors own 34.29% of the company’s stock.

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.

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