NASDAQ:GTYH

GTY Technology Stock Forecast, Price & News

$6.27

+0.02 (+0.32 %)

(As of 01/15/2021 12:00 AM ET)

Add

Compare

Today's Range

$6.12

Now: $6.27▼

$6.54

50-Day Range

$3.56

MA: $4.69▼

$6.25

52-Week Range

$2.16

Now: $6.27▼

$7.39

Volume396,600 shs

Average Volume214,750 shs

Market Capitalization$348.30 million

P/E RatioN/A

Dividend YieldN/A

Beta0.37

GTY Technology Holdings Inc. operates as a software as a service company that offers a cloud-based suite of solutions for the public sector, in North America. The company develops software technologies for the procurement and vendor or supplier sourcing industry in government, public sector, and various highly-regulated commercial vertical markets; content, digital services, and integrated payments via a software-as-a-service platform for government agencies and utility companies. It also develops cloud-based grants management and cost allocation software for state, local, and tribal governments; builds software to streamline municipal permissions and licenses; offers budgeting software, performance management, and transparency and data visualization solutions; and provides public sector budgeting software and consulting services. GTY Technology Holdings Inc. was founded in 2016 and is headquartered in Las Vegas, Nevada.

Overall MarketRank^™

1.06 out of 5 stars

Computer And Technology Sector

588th out of 1,258 stocks

Data Processing & Preparation Industry

40th out of 79 stocks

1.3 Analyst's Opinion

Consensus Rating
GTY Technology has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.83, GTY Technology has a forecasted upside of 9.0% from its current price of $6.27.
Amount of Analyst Coverage
GTY Technology has only been the subject of 1 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
GTY Technology has received 116 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
GTY Technology has received 132 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
GTY Technology has received 53.23% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about GTY Technology and other stocks. Vote “Outperform” if you believe GTYH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GTYH will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
GTY Technology does not currently pay a dividend.
Dividend Growth
GTY Technology does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, GTY Technology insiders have bought 93.15% more of their company's stock than they have sold. Specifically, they have bought $293,400.00 in company stock and sold $151,906.00 in company stock.
Percentage Held by Insiders
Only 17.20% of the stock of GTY Technology is held by insiders.
Percentage Held by Institutions
37.23% of the stock of GTY Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of GTY Technology is -8.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of GTY Technology is -8.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
GTY Technology has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Data processing & preparation

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:GTYH

Previous Symbol

CUSIPN/A

CIK1682325

Webwww.gtytechnology.com

Phone702-945-2898

Employees408

Debt

Debt-to-Equity Ratio0.01

Current Ratio0.49

Quick Ratio0.49

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$36.44 million

Price / Sales9.56

Cash FlowN/A

Price / Cash FlowN/A

Book Value$6.23 per share

Price / Book1.01

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-97,370,000.00

Net Margins-78.50%

Return on Equity-0.45%

Return on Assets-0.33%

Miscellaneous

Outstanding Shares55,551,000

Market Cap$348.30 million

Next Earnings Date3/11/2021 (Estimated)

OptionableNot Optionable

$6.27

+0.02 (+0.32 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive GTYH News and Ratings via Email

Sign-up to receive the latest news and ratings for GTYH and its competitors with MarketBeat's FREE daily newsletter.

GTY Technology (NASDAQ:GTYH) Frequently Asked Questions

How has GTY Technology's stock been impacted by Coronavirus?

GTY Technology's stock was trading at $4.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GTYH shares have increased by 56.4% and is now trading at $6.27.
View which stocks have been most impacted by COVID-19.

Is GTY Technology a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GTY Technology in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GTY Technology stock.
View analyst ratings for GTY Technology or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than GTY Technology?

Wall Street analysts have given GTY Technology a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but GTY Technology wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is GTY Technology's next earnings date?

GTY Technology is scheduled to release its next quarterly earnings announcement on Thursday, March 11th 2021.
View our earnings forecast for GTY Technology.

How were GTY Technology's earnings last quarter?

GTY Technology Holdings Inc. (NASDAQ:GTYH) released its quarterly earnings results on Thursday, November, 5th. The company reported ($0.15) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by $0.10. The company earned $12.59 million during the quarter. GTY Technology had a negative return on equity of 0.45% and a negative net margin of 78.50%.
View GTY Technology's earnings history.

What guidance has GTY Technology issued on next quarter's earnings?

GTY Technology issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, November, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $48.656 million, compared to the consensus revenue estimate of $48.02 million.

What price target have analysts set for GTYH?

3 equities research analysts have issued 1 year price objectives for GTY Technology's stock. Their forecasts range from $4.50 to $10.00. On average, they expect GTY Technology's stock price to reach $6.83 in the next year. This suggests a possible upside of 9.0% from the stock's current price.
View analysts' price targets for GTY Technology or view Wall Street analyst' top-rated stocks.

Who are some of GTY Technology's key competitors?

Some companies that are related to GTY Technology include So-Young International (SY), Veritone (VERI), Cars.com (CARS), Tucows (TCX), trivago (TRVG), Brightcove (BCOV), Sohu.com (SOHU), ZIX (ZIXI), BlueCity (BLCT), NantHealth (NH), IBEX (IBEX), Liberty TripAdvisor (LTRPA), Ooma (OOMA), Kaleyra (KLR) and Kaleyra (KLR).
View all of GTYH's competitors.

What other stocks do shareholders of GTY Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other GTY Technology investors own include Activision Blizzard (ATVI), Chimerix (CMRX), Enphase Energy (ENPH), Monster Beverage (MNST), Ovid Therapeutics (OVID), Sunrun (RUN), Shopify (SHOP), Zendesk (ZEN), Zynga (ZNGA) and AbbVie (ABBV).

Who are GTY Technology's key executives?

GTY Technology's management team includes the following people:

Mr. Harry L. You, Co Founder & Vice Chairman (Age 62, Pay $346.15k)
Mr. John J. Curran, Chief Financial Officer (Age 55, Pay $568.81k)
Mr. T. J. Parass, CEO, Pres & Director (Age 49)
Mr. David M. Farrell, Chief Operating Officer (Age 48)
Mr. Justin Kerr, Controller & Chief Accounting Officer (Age 37)
Mr. John Francis Albanese, Exec. VP & Head of Sales (Age 65)
Mr. Joel Mahoney, Exec. VP
Mr. Craig Ross, Chief Revenue Officer

What is GTY Technology's stock symbol?

GTY Technology trades on the NASDAQ under the ticker symbol "GTYH."

Who are GTY Technology's major shareholders?

GTY Technology's stock is owned by a variety of institutional and retail investors. Top institutional investors include Bainco International Investors (0.01%). Company insiders that own GTY Technology stock include Charles Wert, Glazer Capital, Llc, Michael J Duffy and William D Green.
View institutional ownership trends for GTY Technology.

Which institutional investors are buying GTY Technology stock?

GTYH stock was purchased by a variety of institutional investors in the last quarter, including Bainco International Investors. Company insiders that have bought GTY Technology stock in the last two years include Charles Wert, and William D Green.
View insider buying and selling activity for GTY Technology or or view top insider-buying stocks.

How do I buy shares of GTY Technology?

Shares of GTYH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is GTY Technology's stock price today?

One share of GTYH stock can currently be purchased for approximately $6.27.

How big of a company is GTY Technology?

GTY Technology has a market capitalization of $348.30 million and generates $36.44 million in revenue each year. GTY Technology employs 408 workers across the globe.

What is GTY Technology's official website?

The official website for GTY Technology is www.gtytechnology.com.

How can I contact GTY Technology?

GTY Technology's mailing address is 1180 NORTH TOWN CENTER DRIVE SUITE 100, LAS VEGAS NV, 89144. The company can be reached via phone at 702-945-2898.

This page was last updated on 1/18/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here