|Over a quarter ago|
Xerox, Park City, NetApp, HP Enterprise cut to Hold from Buy at Loop Capital » 07:5604/2704/27/20
HPE, NTAP, PCYG, XRX, WDC, STX, LOGI, HPQ, SNX
Loop Capital analyst…
Loop Capital analyst Ananda Baruah downgraded Xerox (XRX), Park City (PCYG), NetApp (NTAP), and HP Enterprise (HPE) to Hold from Buy as part of a broader sector research note. Baruah states that he is relatively less bullish on these names because of their lacking exposure to hyperscale/cloud and "work from home" trends as well as their primary exposure to on-premise spending and SMBs. The analyst adds that a more attractive way to play these trends would be with positions in Western Digital (WDC), Seagate (STX), Logitech (LOGI), HP Inc (HPQ), and Synnex (SNX).
Park City Group downgraded to Hold from Buy at Loop Capital » 07:0104/2704/27/20
Loop Capital analyst…
Loop Capital analyst Ananda Baruah downgraded Park City Group to Hold from Buy with a price target of $4, down from $8.
Fly Intel: After Hours Movers » 19:0409/1209/12/19
CELH, PK, VRAY, MDC, AVGO, PCYG, RTTR, ERII
HIGHER: Celsius Holdings…
HIGHER: Celsius Holdings (CELH) up 4.2% after disclosing stock purchase by chairman... Park Hotels (PK) up 3.8% after entering S&P MidCap 400 index... ViewRay (VRAY) up 3.4% after announcing collaboration with Stanford Health Care... MDC Holdings (MDC) up 1.5% after QTD Q3 net new order activity rose 63%. DOWN AFTER EARNINGS: Broadcom (AVGO) down 1.4%... Park City Group (PCYG) down 15.0%. ALSO LOWER: Ritter Pharma (RTTR) down 74.9% after its phase 3 trial of RP-G28 fails to demonstrate statistical significance... Energy Recovery (ERII) down 11.5% after filing mixed shelf, selling stock for holders. Movers as of 18:45ET
Park City Group reports Q4 GAAP EPS 0c, two estimates 4c » 16:0809/1209/12/19
Reports Q4 revenue $4.7M,…
Reports Q4 revenue $4.7M, two estimates $5.3M. Reports Q2 Total Tier 2 connections increased 25%. CEO Randall K. Fields says: "As we expand our network, adding additional Tier-2 hubs and the suppliers that work with these customers, we expect fiscal 2020 to again be a year of top line growth. Growing our participation with our existing customers continues to represent a significant revenue opportunity, and we are focused on harvesting this opportunity while maximizing our profitability."
Park City Group options imply 14.6% move in share price post-earnings » 15:1909/1209/12/19
Pre-earnings options volume in Park City Group is 22.4x normal with calls leading puts 19:5. Implied volatility suggests the market is anticipating a move near 14.6%, or $1.11, after results are released. Median move over the past eight quarters is 6.2%.