Agilysys, Inc. (NASDAQ:AGYS) Given Consensus Recommendation of "Buy" by Analysts

Key Points

• Agilysys, Inc. (NASDAQ:AGYS) receives an average recommendation of "Buy" from six ratings firms, with a 12-month target price averaging $120.86.
• The company reported earnings of $0.33 per share for the last quarter, which fell short of analyst expectations but showed a 20.7% increase in revenue year-over-year.
• Recent insider trading activity includes sales by senior vice president Kyle C. Badger and another insider, indicating a slight decrease in their ownership of the company's stock.

Shares of Agilysys, Inc. (NASDAQ:AGYS - Get Free Report) have been given an average recommendation of "Buy" by the six ratings firms that are covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a buy recommendation. The average 12 month target price among analysts that have issued a report on the stock in the last year is $120.8571.

Several research analysts have weighed in on the stock. Oppenheimer upped their target price on shares of Agilysys from $90.00 to $120.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 22nd. Northland Securities set a $152.00 target price on Agilysys in a report on Tuesday, May 20th. Cantor Fitzgerald started coverage on shares of Agilysys in a research report on Tuesday, June 3rd. They set an "overweight" rating and a $125.00 target price on the stock. Finally, Needham & Company LLC restated a "buy" rating and set a $105.00 target price (up previously from $100.00) on shares of Agilysys in a research report on Tuesday, May 20th.

Agilysys Trading Up 3.4%

Shares of Agilysys stock opened at $110.53 on Friday. Agilysys has a 52-week low of $63.71 and a 52-week high of $142.64. The company has a quick ratio of 1.04, a current ratio of 1.11 and a debt-to-equity ratio of 0.04. The company's 50-day simple moving average is $112.77 and its 200-day simple moving average is $93.21. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of 221.06 and a beta of 0.71.

Agilysys (NASDAQ:AGYS - Get Free Report) last issued its quarterly earnings results on Monday, July 21st. The software maker reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by ($0.03). Agilysys had a return on equity of 11.13% and a net margin of 4.85%.The firm had revenue of $76.68 million for the quarter, compared to analyst estimates of $74.42 million. During the same quarter last year, the firm earned $0.30 earnings per share. The company's revenue was up 20.7% compared to the same quarter last year. Agilysys has set its FY 2026 guidance at EPS. As a group, equities research analysts anticipate that Agilysys will post 0.8 earnings per share for the current year.

Insider Activity at Agilysys

In other Agilysys news, SVP Kyle C. Badger sold 326 shares of the stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $113.39, for a total transaction of $36,965.14. Following the transaction, the senior vice president owned 114,791 shares of the company's stock, valued at $13,016,151.49. This trade represents a 0.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Chris J. Robertson sold 258 shares of the firm's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $113.39, for a total transaction of $29,254.62. Following the completion of the transaction, the insider directly owned 21,137 shares in the company, valued at approximately $2,396,724.43. This represents a 1.21% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,405 shares of company stock worth $158,033. Company insiders own 8.60% of the company's stock.

Institutional Investors Weigh In On Agilysys

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Agilysys by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 2,228,018 shares of the software maker's stock valued at $161,620,000 after purchasing an additional 18,744 shares in the last quarter. Lord Abbett & CO. LLC grew its holdings in Agilysys by 10.3% during the 4th quarter. Lord Abbett & CO. LLC now owns 1,167,685 shares of the software maker's stock worth $153,796,000 after acquiring an additional 108,827 shares in the last quarter. Nuveen LLC acquired a new position in shares of Agilysys in the 1st quarter valued at about $80,730,000. Wasatch Advisors LP boosted its holdings in shares of Agilysys by 5.3% in the 2nd quarter. Wasatch Advisors LP now owns 1,004,918 shares of the software maker's stock valued at $115,204,000 after buying an additional 50,536 shares during the period. Finally, Geneva Capital Management LLC boosted its holdings in shares of Agilysys by 6.7% in the 2nd quarter. Geneva Capital Management LLC now owns 816,637 shares of the software maker's stock valued at $93,619,000 after buying an additional 51,274 shares during the period. 88.00% of the stock is owned by institutional investors and hedge funds.

Agilysys Company Profile

Agilysys, Inc operates as a developer and marketer of software-enabled solutions and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India. It offers software solutions fully integrated with third party hardware and operating systems; cloud applications, support, and maintenance; subscription and maintenance; and professional services.

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